Xiaomi Su7 Ultra Beats Tesla Model S Plaid with New Launch at Lower Price
The Xiaomi SU7 Ultra has launched with a significant price reduction from its preorder period, making it cheaper and faster than the Tesla Model S Plaid. The premium EV has already been crowned the fastest four-door car when it beat the Nürburgring lap record of the Porsche Taycan Turbo GT. With a starting price set at $72,930, the SU7 Ultra is nearly forty grand cheaper than the Tesla Model S Plaid in China.
- The rapid success of the Xiaomi SU7 Ultra highlights the growing trend of brands leveraging their existing tech expertise to rapidly innovate and compete with established players in new markets.
- How will Xiaomi's foray into electric vehicles impact its long-term strategy, particularly as it expands beyond the Chinese market and competes with global giants like Tesla?