Chinese technology powerhouse Xiaomi Corporation is set to mark another milestone in its electric vehicle journey with the planned completion of its manufacturing facility expansion …

Xiaomi has secured 75,723 orders for its SU7 electric sedan as of April 24, setting a new record for an EV startup.

“Sales of Chinese smartphone maker Xiaomi’s first electric car have been 3-5 times higher than expected”, said CEO Lei Jun.

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

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

Xiaomi has officially entered the electric automotive market with the launch of the SU7 electric sedan. The Chinese smartphone giant offers the SU7 electric sedan …