Xiaomi, a well-known electronics giant, has entered the highly competitive EV market in China with its first electric vehicle, the Xiaomi SU7. The company's CEO, Lei Jun, expressed confidence in Xiaomi's ability to succeed in this new chapter. The Xiaomi SU7 has already received significant pre-orders, with 88,898 firm orders in the last 24 hours and a total of 120,000 orders in 36 hours, putting pressure on established players like Tesla. Xiaomi's entry into the EV market is seen as a challenge to Elon Musk's Tesla, with the Xiaomi SU7 priced lower than the Model 3.
Smartphone maker Xiaomi switches from Apple to Tesla challenger as its first EV racks up 120,000 orders in 36 hours. https://t.co/EnUxdCeA5Y
Tesla has new competition with a Chinese EV priced lower than Model 3 https://t.co/sqY7dnMszL
With #China EV launch, Xiaomi's 'Thor' takes on #ElonMusk https://t.co/5pyt8HcGpc
⚡️Xiaomi SU7 received 88,898 firm orders in the last 24 hours. #China #EV #Xiaomi $XIACY @Xiaomi @leijun https://t.co/GPTclHDn5q
Redefining connectivity: #Xiaomi's first #EV attracts high pre-orders @leijun https://t.co/AKhGeU6mJm
With China EV launch, Xiaomi's 'Thor' takes on Elon Musk https://t.co/edOePgdqAt https://t.co/VPde47P6wz
⚠️ WITH CHINA EV LAUNCH, XIAOMI'S 'THOR' TAKES ON ELON MUSK Full Story → https://t.co/PEXMU2RLN1 He was called China's answer to Steve Jobs for taking Xiaomi from scrappy startup to an electronics giant known for its smartphones. https://t.co/rqSpYkyFB2
Many have asked me if Xiaomi has the confidence to succeed in the highly competitive EV industry. My answer is "absolutely" - we've been diligently preparing for this new chapter. Unlike building smartphones from the ground up 14 years ago, customer expectations for EVs are… https://t.co/QhnlO3JoUl
#Tesla already has its work cut out in China competing with auto behemoth BYD, but a new player entering the market is set to pile on even more pressure. https://t.co/ILs1OyW7ZA