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China’s Xiaomi joins the crowded EV race with ‘dream car’ to take on Tesla
By Laura He, CNN Hong Kong (CNN) — Xiaomi formally launched its much-anticipated electric car — the new Speed Ultra 7 (SU7) sedan — on Thursday night in Beijing. Lei Jun, founder and CEO of the popular Chinese smartphone brand, said the company’s first electric vehicle would sell for 215,900 yuan ($29,874) to 299,900 yuan
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