Phone Maker Xiaomi Set to Compete With Tesla, Others With Electric Vehicle Release [Video]

• Chinese smartphone manufacturer Xiaomi revealed its official plans to launch its highly anticipated electric car
• The company asserted in a social media update that the vehicle would be delivered as soon as it is launched
• However, it would take at least another two to three years before the vehicle becomes available overseas

Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology and the stock market.

Xiaomi, the renowned Chinese smartphone manufacturer, has revealed plans to debut its highly anticipated electric vehicle on March 28, 2024.

This move marks the company’s bold entry into the globe’s largest automotive market amidst intense price competition after making a statement in the global smartphone market.

Via a Weibo announcement, Xiaomi disclosed that orders for its new Speed Ultra 7 (SU7) sedan will be accepted …