Active options: TSLA AAPL MARA NVDA AMD AMZN NIO COIN SOFI

Go back to Active options: TSLA AAPL MARA NVDA AMD AMZN NIO COIN SOFI

China’s Xiaomi unveils first EV

December 28, 2023 10:09 AM EST

Chinese smartphone maker Xiaomi unveiled its first electric vehicle (EV) on Thursday, while also announcing the companys ambitious goal of becoming one of the worlds top five automakers.

The upcoming sedan, named SU7 (with SU standing for Speed Ultra), is generating a lot of excitement. Chief Executive Lei Jun has highlighted its "super electric motor" technology, boasting acceleration speeds faster than those of Tesla (NASDAQ: TSLA)... More