BUSINESSSCMP CHINA
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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- China’s Xiaomi takes aim at Tesla, staking 23% lower price on premium SUV
- Xiaomi out to scalp Musk’s bestselling SUV in China with its upgraded and low-cost model
- Premium plan: China’s EV makers pin hopes on high-end models to buttress margins
- Xiaomi preps for fierce EV race with new SUV line, long-range battery tech
- Xiaomi preps for fierce EV race with new SUV line, long-range battery tech
- Premium plan: China’s EV makers pin hopes on high-end models to buttress margins