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The Nexus
BUSINESSJul 31 · 06:06 UTCSCMP CHINADaniel Ren

China’s Xiaomi takes aim at Tesla, staking 23% lower price on premium SUV

Xiaomi has priced its new SkyNomad series SUVs 23% lower than Tesla's Model Y L SUV in China, with the N70 Max at 259,900 yuan and the N90 Max at 299,900 yuan. The move intensifies competition in China's premium electric vehicle segment.

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