SU7 Electric Sedan Sells Hard, Xiaomi Makes Sure It's Developing A New EV Model

JAKARTA - The technology giant, which also took part in the electric vehicle segment, namely Xiaomi, is confirmed to be developing a new electric vehicle model.

Quoting from the CNevpost page, Saturday, May 25, the statement was made by the President of Xiaomi, Lu Weibing. However, he said the company is currently focusing on sending its electric sedan (SU7).

"Xiaomi is working on a new model, but is currently focusing on shipping first (SU7 model)," Lu Weibing said during Xiaomi's earnings report.

Xiaomi SU7 comes in three versions, namely Standard Max and Pro. Standard version of SU7 delivery and Max starts in April, while SU7 Pro delivery starts earlier this month May.

Regarding the new model from Xiaomi, Lu Weibing said it is not yet time to disclose it based on the company's strict secrecy policy.

As previously reported, many rumors have circulated that the Chinese brand will launch a new model into the Sports Utility Vehicle (SUV) segment.

In fact, based on a Bloomberg report citing from someone familiar with the issue the Xiaomi SUV will be similar to the Tesla Model Y and will be present in 2025.

Later, new electric car models from Xiaomi will be assembled at the same factory or the second phase located in Yizhuang, Beijing. The second phase is scheduled to start in 2024 and is expected to be completed by 2025.