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There are a number of very thrilling electrical car startups in China. Naturally, BYD is king of the hill and can stay there for a very long time, however a number of others are doing exceptionally effectively if we evaluate them to automakers elsewhere. However Xiaomi is admittedly totally different. Because the second-largest smartphone producer on the earth, Xiaomi has quickly shot up the EV gross sales charts. It’s just like what many people assumed would occur when Apple was engaged on a automobile (a really long-term challenge that appears to lastly be fully over).
You may learn background on Xiaomi’s gorgeous rise right here. (I like to recommend it.) However we’ve acquired some updates now, too. To start with, the corporate just lately raised its 2024 gross sales goal for the third time … after launching into EV gross sales in March. Xiaomi plans to promote 130,000 automobiles this 12 months. 130,000 automobiles in its first 12 months available on the market, or simply first 10 months even. That’s gorgeous.
Secondly, the corporate has introduced its subsequent mannequin, the YU7. The YU7 will likely be Xiaomi’s first SUV. Its first (solely present) mannequin is the SU7, and the 2 fashions rhyme in relation to fashion as effectively. The YU7 is predicted to hit the market in June or July 2025. The SU7 is available in at a beginning value beneath $30,000. Presumably, the YU7 can even be a semi-affordable EV for the lots, only a bit bigger and a bit of bit dearer.
Indisputably, the Yu7 will likely be a sizzling commodity and can rapidly discover itself among the many high EV sellers in Europe, and the world.
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