Economics: Xiaomi releases its first new energy vehicle, Center asks traders to declare wheat stocks

Xiaomi launched its first new power automobile

Xiaomi formally launched its first new power automobile, the Xiaomi SU7, at a press convention in China's capital Beijing on Thursday night. The corporate launched three variants of SU7: SU7, SU7 Professional and SU7 Max. Their minimal battery life is 700 kilometers.

Xiaomi's founder, chairman and CEO Leichun identified that his R&D crew has achieved many technological improvements in key areas akin to design, battery know-how, clever driving, good cockpit and physique construction. Particularly, their clever driving system is scheduled for inner testing in April, adopted by a public launch in 10 cities in May. It’s anticipated to increase throughout the nation by August.

Xiaomi entered the electrical automobile sector within the yr 2021. Later accomplished industrial and business registration in Beijing and established a manufacturing unit with an space of ​​greater than seven million sq. meters. The manufacturing unit could make one automobile each 76 seconds, enhancing effectivity.