JAKARTA - Xiaomi, an electronics giant from China, which has plunged into the electric car industry, confirmed that their first electric car, SU7 (Speed Ultra 7), will be priced at under 500,000 yuan (around IDR 1.1 billion).

Xiaomi CEO Lei Jun himself, who confirmed this price through his official Weibo account, marks the first time the company has confirmed the highest price of Xiaomi's first electric car.

Not only that, but Lei Jun also promised SU7 as an electric vehicle that is "the best, the easiest to drive, and the smarter". This statement certainly increases the curiosity of the fans.

Reported by Reuters on March 25, the official launch and receipt of orders for SU7 is scheduled for Thursday evening, March 28. Previously, Xiaomi had showcased this car at 76 of their stores spread across 29 cities in China.

By design, SU7 comes with a futuristic design with a stunning "ocean blue" color and immediately steals the attention. Not to forget the advanced technology that Xiaomi promised, it is claimed to be able to provide better acceleration than Tesla and Porsche electric cars.

Consumers who are familiar with Xiaomi products certainly hope that SU7's tag will be in the medium range.

"In my opinion, the highest Xiaomi price is in the middle class. If the price is too high, especially because this is their first car, I think it needs to be tested by the market first," said Jim Yan, one of the potential consumers interested in the SU7 aerodynamic design.

Interestingly, SU7 will be present in two variants. The first offers a distance of up to 668 km in one charge. The second variant is even more tempting, with a distance of up to 800 km! In comparison, the Tesla Model S currently has a maximum distance of 650 km.

Xiaomi's move into the world of electric cars was driven by their desire to diversify amid the sluggish demand for smartphones. Xiaomi has also added a row of Chinese technology companies looking at the electric car industry, following Huawei and Baidu's footsteps.


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