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Xiaomi’s first EV to go on sale at starting price of 215,900 yuan

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Xiaomi's first EV will go on sale at 215,900 yuan. Visitors film around Xiaomi's first electric vehicle, the SU7, displayed at an event in Beijing, China December 28, 2023. REUTERS/Florence Lo/File Photo

BEIJING (Reuters) – Xiaomi’s highly anticipated electric vehicle (EV) will go on sale at a starting price of 215,900 yuan ($29,869.54), the Chinese smartphone company said as it announced the launch of its first car in the world’s largest auto market.

Xiaomi CEO Lei Jun said the company’s standard SU7 model will be priced at 215,900 yuan while its Pro and Max versions will 245,900 and 299900 yuan respectively.

($1 = 7.2281 Chinese yuan renminbi)

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