Xiaomi's second EV will be an SUV coming by the end of the year
8Xiaomi's second EV will be an SUV coming by the end of the year
Xiaomi, the renowned smartphone manufacturer, has recently entered the electric vehicle (EV) market with its successful launch of the SU7 sedan in China. However, the company is not stopping there and is already working on its next EV model, according to a new report from China. The report, citing unnamed sources, claims that Xiaomi's second EV will be an SUV, which is expected to arrive by the end of this year.
The fast-paced release of Xiaomi's second EV model is not surprising, given the company's experience in the smartphone industry. However, it is important to take this news with a grain of salt, as the timeline seems quite aggressive for the automotive industry, especially for a company that just launched its first EV model.
The decision to launch an SUV as Xiaomi's second EV model is a strategic move, considering the growing demand for SUVs worldwide. In fact, most of Xiaomi's Chinese competitors, such as Nio, Li Auto, and XPeng, have already launched SUVs as their first models. Even now, Nio and XPeng have more SUVs in their lineup than other vehicle types, while Li Auto has only produced SUVs so far.
Xiaomi's decision to launch a sedan as its first EV model was a surprising move, as it deviated from the tried and tested route of launching an SUV. However, the company will eventually have to venture into the SUV market to remain competitive. The SU7's successful launch, with over 50,000 orders placed within the first 27 minutes, is a testament to Xiaomi's potential in the EV market. Therefore, a Xiaomi SUV is expected to be equally, if not more, successful, given the company's reputation for delivering high-quality products at affordable prices.
Stay tuned for more updates on Xiaomi's upcoming SUV and be the first to know about its release date, features, and pricing.