Tech Insider : Business, Style

Apple rival Xiaomi, the world's third-largest smartphone maker, launched its first car earlier this year in China. The SU7 starts at less than $30,000 and has proved popular, with the 2024 production run selling out in days. Is the SU7 worth the hype? Business Insider takes a closer look at the EV, which is only available in China.

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Lei Jun, the founder and CEO of Xiaomi, speaking on stage while launching the Xiaomi SU7 Ultra.
Xiaomi CEO Lei Jun said in an X post on Tuesday that the company had produced 100,000 Xiaomi SU7 electric vehicles in 230 days.