Will Chinese electronics giant Xiaomi follow in the footsteps of compatriots BYD and MG Motor (a unit of SAIC) and launch electric vehicles in India?
The company, which is shelling out $10 billion for its global entry into the automotive industry, has quietly brought its newly launched electric vehicle (SU7) to India and is showcasing it to partners, employees and the public in Bengaluru.
While some say this could be a precursor to Xiaomi trying to test the Indian car market, others say it’s still “too early” to consider India as one of the first markets for this car. China in March.
In response to a question, the company said it had “no plans” to launch the vehicle immediately, although it was still “evaluating market opportunities.” “While we continue to monitor market opportunities, we remain focused on our core product lines in India,” a company spokesperson said.
However, the company is happy with the car, which has had a strong start in China. SU7 (Speed a, the pet project of Xiaomi CEO Lei Jun and is priced at less than $30,000 (roughly Rs. 25 million) for the base model, which is almost $4,000 ( Rs 3.3 lakh) cheaper. like the base Tesla model. 3 in China.
The SU7 will be available in two variants – one with a range of up to 668 km on a single charge and the other with a range of 800 km.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
