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E-mail chinadaily.com.cn, March 13, 2024
The SU7, produced by Chinese tech company Xiaomi Corp, is displayed at the Mobile World Congress 2024 in Barcelona, Spain. [Photo/Xinhua]
Chinese tech company Xiaomi's first electric vehicle, the SU7, will be formally launched on March 28, Lei Jun, founder and CEO of Xiaomi, said in a post on social media platform Sina Weibo.
Xiaomi unveiled its plan to build vehicles in 2021 and displayed the first EV at pre-news conference on Dec 28. However, the car price, a factor that catches the public's attention, was not announced.
In an interview with CCTV last December, Lei said the company has spent over 10 billion yuan ($1.4 billion) on the first model, with over 3,400 engineers involved.
