Xiaomi SU7 Formally Launched, Beginning Designate at 215,900 Yuan

Xiaomi held a press conference at the present time, and the Xiaomi SU7 modified into once formally launched and delivered. Xiaomi CEO Lei Jun equipped further information about Xiaomi‘s vehicle on area, with a vary of 700 kilometers.

Lei Jun equipped that Xiaomi SU7 will aim Tesla. There are three variations of Xiaomi SU7, together with the frequent model (rear-wheel power long-vary wise utilizing model) priced at 215,900 yuan; SU7 Legitimate is priced at 245,900 yuan; Su7 Max is priced at 299,900 yuan, and the associated price must be price for cash.

A few days ago, Lei Jun acknowledged that he noticed rumors asserting Tesla will expand costs on April 1st. Tesla is in actuality spectacular: within the latest electric vehicle market, the effect opponents is so fierce, superb Tesla dares to rob costs.

Many participants would possibly perchance additionally now no longer hang a true form determining of the associated price of electric cars. At contemporary, besides Tesla, many firms producing battery electric cars are facing mountainous losses.

Lei Jun acknowledged that he true checked Tesla’s financial document, which sold 1.81 million autos in 2023, nearly all of which had been Model 3/Y, with earnings of $96.77 billion and operating profit of $8.89 billion. Even with this kind of great scale and high operational effectivity admire Tesla’s, the profit margin is superb 9.2%.

“Model 3 is currently priced at 245,900 yuan. If calculated roughly in line with the financial document’s operating profit margin, it would possibly perchance also desire a promoting price of around 223,000 yuan to interrupt even.”

Lei Jun identified that many participants are in particular pondering in regards to the pricing of Xiaomi SU7, and also explained it. The routine model of Xiaomi SU7 has configurations a ways superior to Model 3, with stable materials, and besides, the procurement price is amazingly high within the initial stage of product inaugurate. “There would possibly possibly be indeed some stress on pricing, I hope every person understands. However no matter what, we can completely abolish every person in actuality feel that it’s price every penny!”

Lei Jun acknowledged that intelligence and ecology are Xiaomi‘s significant benefits. It doesn’t matter that Apple has given up on making cars, as Xiaomi will aid Apple’s ecosystem very well. Intelligence is the soul of cars, and the next ten years would possibly perchance be the last decade of intelligence. The principle to winning in future electric autos is intelligence, which is also Xiaomi‘s skills.

Xiaomi‘s just in wise utilizing is to enter the enterprise’s high ranks by 2024. At contemporary, Xiaomi‘s wise utilizing technology has accumulated 10 million kilometers of right automobile street tests and 250 million kilometers of simulation tests.

SEE ALSO: Tesla Model Y Location for five,000 Yuan Designate Magnify in China

William Li, He Xiaopeng, and Li Xiang within the same body

Lei Jun has a stable community. At this match, NIO Chairman William Li, XPeng Motors CEO He Xiaopeng, and Li Auto CEO Li Xiang all got here to the scene.

Lei Jun acknowledged that after announcing vehicle manufacturing, he felt anxious every day with a heavy psychological burden. He realized how complicated it is miles to abolish cars when even giants admire Apple stop. Therefore, he desires to applaud firms that persist in making cars. These three founders gave him a spread of advice and helped him keep a ways from many pitfalls in vehicle manufacturing.

Great Wall Motors Chairman Wei Jianjun, BAIC Chairman Zhang Jianyong and various automotive enterprise executives also arrived at the scene.

To vary into with out a doubt one of the most high 5 automobile producers on this planet

As early as December 2023, the Xiaomi SU7 modified into once “pre-released”, and tiny print equivalent to seem create, performance, endurance, safety had been first publicly revealed. It’s positioned as a “C-class high-performance ecological technology sedan”.

“We’re now no longer going to abolish a regular vehicle, we’ll create a dream vehicle that opponents Porsche and Tesla.” Xiaomi CEO Lei Jun shared Xiaomi‘s just of creating a dream vehicle that matches Porsche and Tesla, ushering in a up to date period within the automotive enterprise, making it stylish, delicious to power, utterly satisfied, and fetch cell wise home.

Lei Jun acknowledged that Xiaomi‘s entry into the automotive enterprise is a main leap from the smartphone enterprise to the automotive enterprise, and it is miles always a key leap in opposition to the total closed-loop of ‘people-vehicle-home’ stout ecosystem.

Lei Jun also stated that the automotive enterprise has been around for over 100 years, and there are no shortcuts to a century-frequent note. Xiaomi has decided to invest tenfold, starting from the core technology at the grassroots degree, earnestly constructing a true form vehicle, and through 15 to twenty years of effort, turning into with out a doubt one of the most high 5 global automakers, striving for the great rise of China’s automobile enterprise!

The Ultimate Battle of Lei Jun

In March 2021, Xiaomi equipped its professional entry into the elegant electric automobile market, with an expected investment of $10 billion over 10 years, with an initial phase of 10 billion RMB.

Ten years ago, Lei Jun entered the smartphone market at the age of 40. Now, at 50 years frequent, he is venturing into the vehicle enterprise.

Lei Jun acknowledged, “This will seemingly be my final major entrepreneurial project in life. I’m though-provoking to stake my whole reputation and in my opinion lead the personnel to battle for Xiaomi‘s vehicle!”

Lei Jun also revealed that within the past 75 days, Xiaomi‘s management personnel has had 85 enterprise visits and communications, in-depth exchanges with over 200 senior consultants within the automotive enterprise, held four internal management discussions, two formal board conferences, and conducted extremely rigorous and detailed evaluate and argumentation earlier than making this significant resolution in Xiaomi‘s history.

Lei Jun is no longer any stranger to elegant cars

Around 2014, Lei Jun visited Tesla CEO Elon Musk twice. Lei Jun requested Musk: “Why did you inaugurate Tesla 10 years ago? Electrical cars weren’t popular aid then. How did you gaze this likelihood?”

Musk’s response left Lei Jun unforgettable for life.

Musk acknowledged: “I never notion this modified into once a true form alternative, because its failure rate is grand greater than the success rate. I true mediate this is something that participants must peaceable carry out and price doing. I don’t want to attend anxiously for others to develop it.”

After arriving from Silicon Valley, Lei Jun sighed: It appears admire what we’re doing would possibly perchance additionally be finished by others, while what Musk is doing is past imagination.

At that time, Lei Jun invested in William Li’s NIO. In December 2018, the NIO ES6 modified into once listed, and Lei Jun also got here to the scene to aid it, having a boxed meal with William Li and his main other.

Lei Jun and XPeng Motors CEO He Xiaopeng hang a “mentor-buddy” relationship of over ten years. When Xiaomi went public, He Xiaopeng invested $100 million to aid Xiaomi. When XPeng Motors went public, Xiaomi now no longer superb grew to change into an investor but Lei Jun also in my opinion participated within the checklist match.

Impartial lately, He Xiaopeng test drove the Xiaomi SU7 and counseled Xiaomi‘s vehicle by asserting “You guys are going to promote this vehicle cheaply, that’s now no longer true. Its performance is amazingly utterly satisfied.”

SEE ALSO: Xiaomi SU7 Will Be Launched and Delivered on March twenty eighth

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