China's Xiaomi enters car market with new electric vehicle
The Peninsula
Beijing: Chinese consumer tech giant Xiaomi launched its first electric vehicle in Beijing on Thursday, injecting itself into a fiercely competitive s...
Beijing: Chinese consumer tech giant Xiaomi launched its first electric vehicle in Beijing on Thursday, injecting itself into a fiercely competitive sector in the world's largest car market.
China's EV sector has grown rapidly in recent years -- propelled by purchasing subsidies that were discontinued in late 2022 -- and dozens of domestic automakers are engaged in a stiff price war to get ahead in a crowded market.
Xiaomi is known for its affordable smartphones and home appliances, and CEO Lei Jun says he is now putting his "reputation on the line" with the SU7 EV, challenging Chinese car giant BYD and Elon Musk's Tesla.
A basic SU7 model will cost 215,900 yuan ($29,868), Lei told a glitzy launch news conference in Beijing on Thursday evening.
The sleek and sporty SU7 will be available in nine colours and includes "sound simulation", Lei said, "to recreate the thrill of driving a sports car".
Doha, Qatar: Following the statement issued by the Office of the Public Prosecutor on April 18, 2023, Qatar s competent Primary Court on Thursday, Nov...
Doha, Qatar: Following the statement issued by the Office of the Public Prosecutor on April 18, 2023, Qatar s competent Primary Court on Thursday, Nov...
Gaza: The death toll from the Israeli aggression on Gaza, which has been ongoing since Oct. 7, 2023, has risen to 44,056 martyrs in addition to 104,26...
Masnaa, Lebanon: Stuck in no man s land on the war hit Lebanon Syria border, cab driver Fadi Slika now scrapes a living ferrying passengers between tw...
Doha, Qatar: The FIFA Intercontinental Cup Qatar 2024 Local Organizing Committee (LOC) has confirmed that general public ticket sales begunon Thursday...
The Hague: The International Criminal Court on Thursday issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and Defence Minister Yoav...
Doha, Qatar: Strong winds and high seas are forecasted from tomorrow, November 22, until next week, prompting a marine warning by the Qatar Meteorolog...
Helsinki: Up to 80,000 households in Finland lost power on Thursday and traffic was disrupted as the country s first big snowstorm of the season broug...
Berlin: German newspaper Die Zeit has published a series of excerpts from Freedom , the eagerly anticipated memoir by former German chancellor Angela...
Lille, France: A body was found on a beach in northern France, authorities told AFP on Thursday, the fourteenth corpse found at sea or off the country...
Las Vegas: Lewis Hamilton on Wednesday said he had shrugged off deep disappointment after the Sao Paulo Grand Prix and pledged to give his all for Mer...