This automotive start-up has taken the covers off a sleek new electric vehicle that plans to challenge the dominance of Tesla.
Xiaomi, China’s fifth-largest smartphone maker, announced it aims to become one of the world’s top five automakers. The company’s SU7 sedan is capable of delivering acceleration speeds faster than Tesla cars and Porsche’s EVs, Xiaomi said. Photo: Florence Lo/Reuters
The Beijing-based brand, which is one of the world’s biggest smartphone…
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