Xiaomi’s Second EV in the Works to Challenge Tesla

xiaomi's second ev
Xiaomi SU7

 

As Xiaomi rides high on the success of its first electric car, the Xiaomi SU7, Lu Weibing, President of Xiaomi Group and General Manager of Xiaomi Brand, disclosed last month that Xiaomi’s CEO has set an ambitious target of surpassing 100K SU7 car sales by 2024.

Now, according to reports, Xiaomi is working on a new compact electric SUV. Bloomberg recently highlighted this exciting development, confirming that Xiaomi is stepping up its game in the electric vehicle market.

According to Bloomberg, the new EV aims to compete with the Tesla Model Y. While the specific features and battery details haven’t been revealed yet, it’s expected that this new model will build on the innovative features of the SU7, especially its cutting-edge infotainment system.

Xiaomi is making significant strides in the electric vehicle market and anticipates further success with this upcoming model, expected to be released by 2025. The company plans to expand its production capacity, aiming to deliver up to 300,000 units per year.

Is Xiaomi set to become a major player in the electric vehicle world? Stay tuned to find out!