Xiaomi enters the market with a new model that will rival Tesla in 2025

The number of electric cars produced in China is increasing day by day. Naturally, these companies enter into competition with various models. Xiaomi is one of these companies. The Chinese technology giant is no longer limited to just smartphones; It is also progressing at full speed in the electric vehicle market. Company,
Tesla Model Y is designing a new SUV to compete with. Xiaomi CEO’su She JunAfter announcing its interest in electric vehicles in 2021, a meticulous work process began on this SUV. Xiaomi is improving its vehicle by conducting comparative tests with the popular Tesla model.

Initially, Xiaomi‘s target is 100,000 units this year SU7 was to produce sedans. However
SU7After production started, the company changed its plans and aims to launch the SUV model in late 2025 or early 2026. This timing is in line with the completion of the second phase of the new assembly plant in Beijing.

Xiaomi enters the market with a new model that will rival Tesla in 2025

There isn’t much information about the new SUV at the moment, but according to industry insiders, the vehicle is designed to target the mainstream market. Xiaomi’s first electric vehicle
SU7 This model, which will be based on the sedan, aims to solve the problems of the first generation.

As competition in the electric vehicle market intensifies, price stands out as an important factor. SU7 While the starting price of the sedan is approximately 28,000 euros, the new SUV is expected to come with a more budget-friendly price tag; According to estimates, around 19,200 euros. This pricing could create a shift in the Chinese electric vehicle market by attracting a wider range of consumers.

With an annual production capacity of 300,000 vehicles at its facility in Beijing, Xiaomi is poised to become a major player in the rapidly growing electric car market.