The renowned Chinese smartphone company 'Xiaomi' unwrapped its very first electric vehicle during its EV technology launch event on Thursday in Beijing, China. The long-awaited Xiaomi SU7 has been "pre-launched," with its aesthetic design, performance, range, security, and other features making its worldwide appearance in the automotive sector. It's built with "super electric motor" technology that can accelerate faster than Tesla (TSLA.O.) cars and Porsche EVs.
Lei Jun, Xiaomi Group's founder, chairman, and CEO, remarked that Xiaomi's launch into the automobile industry signifies an enormous advance from the smartphone market and seeks to revolutionize the automobile sector.
