Breaking new ground in the electric vehicle market, Xiaomi, the Chinese tech behemoth, has officially launched its inaugural electric sedan, the SU7.

With a grand vision, Xiaomi’s Founder and CEO, Lei Jun, aspires to position the SU7 as a formidable contender against established automotive giants like Tesla and Porsche within the next two decades.

#XiaomiSU7 Aqua Blue. Isn’t it beautiful? pic.twitter.com/HxRRH96rNQ

— Lei Jun (@leijun) December 28, 2023

Xiaomi, renowned for its smartphones and electronic gadgets, has unveiled plans to stake its claim among the world’s top five automakers. Lei Jun outlined the company’s ambitious trajectory: “By working hard over the next 15 to 20 years, we will become one of the world’s top 5 automakers.”