![Xiaomi intends to release another electric car](/uploads/posts/2024-07/4c9789cb19_2.webp)
At the moment, the company’s lineup includes only one electric car, the SU7.
According to the 21st Century Business Herald, the Chinese brand wants to demonstrate its new car in 2026. This will be an SUV that will have an increased range and a price tag below $20 thousand. For example, the most budget Tesla Model Y is asking $31,490. Thus, Xiaomi will compete in this price segment with the Li Auto brand, which has already occupied its niche.
![Xiaomi intends to release another electric car](/uploads/posts/2024-07/f91241686d_1.webp)
Previously, insider information appeared that Xiaomi wants to release the MX11 crossover.
According to the 21st Century Business Herald, the Chinese brand wants to demonstrate its new car in 2026. This will be an SUV that will have an increased range and a price tag below $20 thousand. For example, the most budget Tesla Model Y is asking $31,490. Thus, Xiaomi will compete in this price segment with the Li Auto brand, which has already occupied its niche.
![Xiaomi intends to release another electric car](/uploads/posts/2024-07/f91241686d_1.webp)
Previously, insider information appeared that Xiaomi wants to release the MX11 crossover.
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