Waiting period for Xiaomi SU7 Pro model is 18-21 weeks, while that for SU7 Max model is 27-30 weeks.

China’s share of EVs sold in Europe could reach 15% of the market in 2025, as per the European Commission’s investigation.

Tesla has been slow to refresh its aging models while high interest rates have sapped consumer appetite for big-ticket items.

Tesla’s Model 3 starts at 245,900 yuan in China while the Xiaomi SU7 is 30,000 yuan cheaper than it.

Toyota’s sales in China tumbled 36% in February as the week-long Lunar New Year holiday took place during the month.

The latest EPA rule cuts vehicle emissions by 49% by 2032 compared with 56% under the initial proposal.

BYD has stepped into the global spotlight since it dethroned Tesla to become the leader in the EV space.

Analysts have estimated that the Xiaomi SU7 will be priced at USD 27,668.26 to USD 41,502.39 or above.

More than half of the investment will be allocated for new R&D infrastructure and EV assembly lines.

VinFast enters the market at a time when Chinese EV brands such as BYD and Great Wall Motor are selling strongly in Thailand.