How will Xiaomi SU7 pricing be?

Xiaomi has accelerated its work on its first electric car, SU7. It is preparing to officially introduce it with a press conference to be held in China on March 28. Before the big launch, Xiaomi CEO Lei Jun made important statements about pricing. He also touched on Tesla’s price increases.

Will Xiaomi SU7 be expensive?

In a statement published recently, Tesla announced that it would update prices in various markets. Xiaomi CEO Lei Jun praised Tesla’s raise move in his latest statement. He said he “appreciated” Tesla’s price increase in the electric vehicle market.

Lei Jun analyzed Tesla’s financial situation, stating that although the company produced more than 1.8 million vehicles last year, it achieved a profit margin of only 9.2 percent. Drawing attention to the costs to his company, the CEO stated that he found the price increase of Model 3 reasonable.

This statement actually coincides with Lei Jun’s previous statements for SU7. Xiaomi has always maintained the price/performance balance, but the first car Pricing can be expensive for He gave the signal.

Lei Jun confirmed that since the SU7 was the first model for the company, the initial costs were high. He also acknowledged that there will be some pressure on pricing because of this. Xiaomi President Lu Weibing said that the vehicle will be “a little expensive”.

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Analysts, Xiaomi 200 thousand yuan ($30 thousand) for SU7 It predicts a price around . Let us remind you that the first model will be introduced as of next week.

So what do you think about this issue? You can share your opinions with us in the Comments section below.