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Chinese smartphone giant, Xiaomi, unveils electric car

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Chinese smartphone giant Xiaomi unveils electric car

The unveiling of the SU7 sedan took place in Beijing, with plans for the model to hit the market in 2025. The car is equipped with Xiaomi software to enable seamless connectivity with the company’s range of devices and will be manufactured by the local company BAIC.

Lei Jun, Xiaomi’s CEO, expressed the company’s ambitious long-term goal of becoming one of the world’s top five automotive manufacturers through dedicated efforts over the next 15 to 20 years. The SU7 will be powered by batteries supplied by China’s largest electric automaker BYD and domestic battery giant CATL.

Many top tech companies in China have heavily invested in the country’s electric vehicle sector, where foreign firms have faced challenges making an impact. In November, BYD emerged as the leader in China’s EV market, selling over 300,000 models, far surpassing Tesla’s sales of over 80,000, according to data from the China Association of Automobile Manufacturers.

Xiaomi, founded in 2010, has experienced rapid growth by offering high-end devices at affordable prices, initially sold directly through online channels. The company faced controversy in 2021 when it was blacklisted by the United States due to alleged ties to the Chinese military.

The history of electric cars has roots dating back to 1893, as detailed in information obtained from energy.gov, a leading US government department of energy. In more recent times, in December 2010, Nissan released the LEAF, an all-electric, zero-emission car. Furthermore, in January 2013, Nissan began assembling the LEAF in Tennessee for the North American market with the help of a loan from the Energy Department.

AFP


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