Xiaomi's strategy for the development of the intelligent ecosystem "Man x Car x House" aims to create interconnectedness between these three areas by developing innovative products tailored to users' needs. The company presented the Xiaomi SU7, an electric full-size sedan, at the Mobile World Congress 2024 exhibition as part of this strategy.
The SU7 is positioned as an eco-friendly and high-performance car, with Xiaomi investing over 10 billion yuan in research and development to create new EV technologies, including motor, integrated battery, injection molding, and autopilot features. The sedan is equipped with a large 101 kWh battery, providing a range of up to 800 km on a single charge, and a fast charging system capable of adding 390 km in just 10 minutes. Xiaomi offers two versions of the SU7 - with rear-wheel drive or all-wheel drive.
Key features of the SU7 include a low drag coefficient for increased energy efficiency, a large central touchscreen display, a "head-up" display, driver assistance systems based on Qualcomm Snapdragon and NVIDIA Orin processors, and LCD screens for rear passengers. The sedan's dimensions are 4997x1963x1440 mm with a three-meter wheelbase, making it slightly larger than the Zeekr 007.
The SU7 boasts impressive acceleration, with a combination of two engines developing 673 hp and 838 Nm, allowing it to accelerate to 100 km/h in a competitive time. The cabin features a 7.1-inch dashboard, a 16.1-inch central display, and a projection onto the windshield with a visible diagonal of 56 inches, all managed by the Qualcomm 8295 processor and Xiaomi's latest operating system.
Xiaomi plans to start mass production of the SU7 in the first half of 2024, aiming to compete in the Chinese market with cars such as the Porsche Taycan and Tesla Model S. While there is no information about its availability in the European market yet, Xiaomi hopes to become one of the world's largest automakers within 15-20 years.
As we mentioned earlier, the outlook for electric vehicles (EVs) in global markets is highly promising and continues to expand rapidly for several key reasons.
Firstly, there is a growing recognition of the urgent need to address climate change and reduce environmental pollution, leading to increased demand for eco-friendly transportation alternatives. EVs, with their zero exhaust emissions, have emerged as a compelling option for both consumers and policymakers striving to curb carbon dioxide emissions and enhance air quality.
Governments worldwide are implementing various policies to incentivize the adoption of EVs, including subsidies, tax incentives, and stricter emission standards. These measures not only make EVs more financially accessible but also encourage consumers to transition from conventional internal combustion engine vehicles to electric ones.
Moreover, significant strides in battery technology, charging infrastructure, and electric drivetrains have markedly enhanced the performance, range, and accessibility of EVs. As battery costs decline and energy density improves, EVs are becoming increasingly competitive with traditional vehicles in terms of both cost and range.
Consumer attitudes toward EVs are also evolving positively. With their quiet operation, smooth acceleration, and lower operating costs, EVs are appealing to a diverse range of consumers.
Forecasts indicate substantial growth in the global EV market in the years ahead. Overall, the future looks bright for electric vehicles in global markets, positioning them to play a pivotal role in the transformation of the transportation sector as technology advances and adoption rates soar.
