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China’s Smartphone King takes on Elon Musk in Europe

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Just two years after building its first car, China’s largest smartphone maker has already delivered 650,000 electric vehicles — on par with the number of Tesla vehicles sold last year in the world’s largest automotive market.

Xiaomi founder Lei Jun, who has earned comparisons with Steve Jobs, now aims to take on Elon Musk’s company in Europe with its premium EVs known for their breakneck acceleration and advanced features that even Ford chief Jim Farley fell in love with.

Since Lei announced his plan to build a car in 2021, Xiaomi stunned the global car industry with the launch of its first model — the Speed Ultra 7 sports sedan — just three years later with 50,000 being snapped up in the 30 minutes after orders opened.

After the SU7 became one of China’s best-selling cars, its second model, the $35,000 YU7 that rivals Tesla’s Model Y with designs resembling Ferrari’s Purosangue model, received 200,000 pre-orders in just three minutes at last year’s launch.

https://archive.ph/LqCXP#selection-1953.0-1982.2

Ford CEO Loves Daily Driving an Electric Sedan from a Chinese Competitor

Ford CEO Jim Farley said he drives a car from a Chinese competitor and "doesn't want to give it up."

Farley said the model in question is the Xiaomi SU7, and he's had it in the United States for six months.

The SU7 is a full-size sedan and the first EV from Xiaomi, a Chinese consumer electronics company.

https://www.caranddriver.com/news/a62694325/ford-ceo-jim-farley-daily-drives-xiaomi-su7/

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