TechXiaomi sets sights on SUV market with second electric vehicle

Xiaomi sets sights on SUV market with second electric vehicle

Xiaomi sets sights on SUV market with second electric vehicle
Images source: © Getty Images | Future Publishing

16 May 2024 09:34

The first Xiaomi electric car, model SU7, achieved significant success in the market. The Chinese company, therefore, intends to expand in this direction and plans to introduce another model next year.

Xiaomi presented its first electric car some time ago, which quickly became a hit. The SU7 model stands out with its attractive design, modern technology, and impressive performance. Although one can notice some inspiration from other models, the SU7, from a distance, resembles a sporty Porsche Taycan. The next Xiaomi electric car is expected to be an SUV, a popular type that may resemble the Tesla Model Y.

The next electric car from Xiaomi is expected to be an SUV

Xiaomi will present its second electric car, which is based on the technology used in the SU7 model. The first Xiaomi model gained enormous popularity in the Chinese market, where customers are eagerly lining up to buy it.

Xiaomi SU7
Xiaomi SU7© Press materials

To sustain this success, Xiaomi plans to introduce another model. This time, it will be a compact or mid-size SUV, not a sporty sedan. The Chinese company intends to challenge Tesla, whose Model Y, an affordable SUV, enjoys popularity worldwide.

Xiaomi plans to flood the market with its electric cars. Although we do not have detailed information about the new vehicle, the manufacturer aims to increase its sales significantly. The goal is to boost the annual production of cars to 300,000 units, including both the SU7 model and future releases.

The new Xiaomi electric car will hit the market early next year. We will surely learn more details about this model before its launch.