Xiaomi Lays Out Affordable EV Plans That Tesla Should've Accomplished Years Ago

Xiaomi is the first smartphone maker to actually sell a car, beating Sony and Apple to the punch. The young EV maker successfully launched the SU7 executive sedan and is working on a Tesla Model Y rival. A new report from China claims that Xiaomi will launch an affordable EV model in 2026, with a price target of 150,000 yuan ($20,700). Tesla has cozied up with the idea of an affordable model for the past years, but recent reports indicate... (continue reading...)