China sells luxury electric cars at a cheap rate..!?

Ever since xiaomi, the flagship of the smartphone world, announced its entry into the electric car industry, there has been a lot of anticipation among people. The reason is the expectation that it will revolutionize the sale of cars in the same way that smartphones were sold at lower prices.
While xiaomi launched its first electric car a few days ago, its CEO Lei Jun has announced the price for the first time. Named SU7, this new electric car is said to have stylish looks, easy driving experience, advanced smart features, and luxury and capability on par with tesla and Porsche. In general, an electric car is expensive, especially if it is a luxury electric car, you have to ask.


 Take the Rolls Royce Specter for example. Lei Jun also said that xiaomi will make its luxury electric car available at an affordable price of 5 lakh yuan (approximately ₹70 lakh). It is seen as a game changer for the entire automobile industry. Su7 bookings will open this weekend Lei Jun has announced that the Su7 will come with a battery capacity comparable to electric cars from xiaomi, tesla, and Porsche. The S7 is available in two models, a standard model with a range of 668 km (415 miles) on a full charge, and a high-end model with a range of 800 km (500 miles) on a full charge. Notably, it has a greater range than the tesla Model X. Amid the slowdown in the smartphone sales market, xiaomi, China's fifth-largest smartphone maker, is expanding its business into the electric car sector. In 2021, the first electric cars were announced. Similar to Chinese tech companies like huawei and Baidu, xiaomi is aiming to apply its technological prowess to the electric car industry. huawei has introduced electric cars in 3 brands namely AITO M5, Luxeed S7, and Avatr. These include the Luxeed S7 and Avatr brands, and huawei has shared its electric vehicle technology with Chery auto and Changan Automobile. All 3 huawei tech cars are priced between 200,000 and 500,000 Yuan. Electric cars sold in india can only do basic tasks, but all these cars are performance cars and luxury cars. The car sold in india in this category is the hyundai Ioniq 5 which is rear-wheel drive only and is priced at Rs 48 lakh.
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Sowmiya Sriram

26/03/2024 01:04 PM