Automakers

Xiaomi unwraps EV with goal of becoming China's Porsche or Tesla

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The five-seat SU7 sedan will be powered by batteries from CATL and BYD, depending on whether it has a single or dual motor configuration. (XIAOMI)
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By:
Bloomberg
December 28, 2023 11:15 AM

The billionaire co-founder of Xiaomi Corp. unveiled the company’s first electric vehicle Thursday, declaring ambitions to become a top global carmaker in 15 to 20 years and compete against Tesla Inc. and Porsche.

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