Xiaomi’s first EV undercuts Tesla’s price while offering longer range

Will a longer range at a lower cost be enough?

Xiaomi’s first EV undercuts Tesla’s price while offering longer range
Xiaomi SU7 2
Credit: Adamya Sharma / Android Authority
  • Xiaomi’s first EV, the SU7, will go on sale in China in early April.
  • The company is offering a longer range for a cheaper price to entice buyers.
  • The SU7 will be integrated into Xiaomi’s ecosystem via Hyper OS.

Chinese technology giant Xiaomi’s first electric car, the SU7, will take on Tesla’s Model 3, undercutting Tesla’s price while beating it out on specs, at least on paper.

Reminiscent of smartphones, the SU7 will come in three models: the SU7, SU7 Pro, and SU7 Max. The base model SU7 will go on sale in early April in China for 215,900 Chinese yuan (~$29,903), nearly $9,000 cheaper than Tesla’s Model 3, while the Pro and Max versions will be priced at 245,900 yuan and 299,900 yuan, respectively, according to Reuters.