Xiaomi SU7 EV Prices Teased Just Before Official Launch: Cheaper Than Most Premium EVs?

xiaomi su7 ev
(Last Updated On: March 26, 2024)

Key Highlights

  • Xiaomi SU7 official debut set for March 28
  • Prices tipped to start under  CNY 500,000
  • Affordable than most premium electric sedans

Xiaomi did a grand unveiling of its first electric SUV — the SU7 back in December last year. After dominating the consumer tech segment; specifically smartphones, the Chinese OEM has set its vision on the growing EV sector. The first look of the SU7 electric sedan revealed a top-tier EV heading to the markets. Now, the pricing hints Xiaomi is strategizing the moves to stay ahead in this race.

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Xiaomi SU7 EV Official Pricing: Affordable Or Expensive?

Xiaomi SU7

The Xiaomi SU7 is tipped to retail with a price range starting below CNY 500,000. The pricing has been hinted by Lei Jun, Xiaomi Global CEO. The post shared by the Chinese firm’s CEO on Weibo (Chinese microblogging website) hints that the SU7’s pricing falls in line with the company’s trend of introducing reasonably priced products to get hold of a major market chunk.

Just for reference, the pricing for the Xiaomi SU7 EV, i.e., CNY 500,000 is an estimated price range with the actual cost varying depending on the models. This amount translates to roughly Rs. 57 lakh in Indian currency. At this cost, it will be contending against the likes of BYD Seal EV and the Ioniq 5. The standard Xiaomi SU7 EV model is likely to be priced lower compared to the SU7 Max EV variant. The differences will be clear once the official pricing announcement is made.

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Xiaomi SU7 EV Pre-Booking And Availability

Xiaomi SU7 Max

Xiaomi is confirmed to commence pre-bookings for the SU7 EV lineup starting March 28 in China. The availability will also be limited to the company’s home country initially with its sales kicking off in India and global markets gradually. By 2025 we can expect Xiaomi to begin SU7’s deliveries in some other parts of the globe too but the first markets to get its grab would be clear in the coming months.

About Sandeep Sarkar

As the Assistant Editor, Sandeep is generating tech-oriented content and also monitoring the content published on the website. He has over six years of experience in tech journalism and has expertise in product reviews, news articles, listicles, and media campaigns.

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