China's Xiaomi Unveils Upgraded SU7 Prices, Challenging Tesla

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China's Xiaomi Unveils Upgraded SU7 Prices, Challenging Tesla

Reuters03-19 21:25

BEIJING, March 19 (Reuters) - China's Xiaomi said on Thursday that its updated SU7 vehicle was priced from 219,900 yuan ($31,870) as ‌the Chinese EV maker keeps racing against Tesla.That is lower than its pre-sale price which started from 229,900 yuan.Xiaomi hosted a big event on Thursday ⁠to unv...

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21:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>BEIJING, March 19 (Reuters) - China&#39;s <a href=\"https://laohu8.com/S/01810\">Xiaomi</a> said on Thursday that its updated SU7 vehicle was priced from 219,900 yuan ($31,870) as ‌the Chinese EV maker keeps racing against <a href=\"https://laohu8.com/S/TSLA\">Tesla</a>.</p><p>That is lower than its pre-sale price which started from 229,900 yuan.</p><p>Xiaomi hosted a big event on Thursday ⁠to unveil its updated SU7 sedan that it pits against Tesla Model 3.</p><p>The new SU7 is less expensive but with a longer range than Tesla Model 3, CEO Lei Jun said during the event.</p><p>Lei brought celebrities onto the stage to promote ‌the ⁠latest model and drew applause and cheers from his fans and supporters.</p><p>The updated vehicle features mechanical door handles, changed from hidden door ⁠handles, and dedicated backup power supply that is fully compliant with upcoming Chinese safety standards ⁠that 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