Xiaomi shows SU7 winter testing footage as price leaks

30 January 2024

Xiaomi made the SU7 EV official last month, but didn't out any sort of pricing information for either of its two versions (SU7 and SU7 Max). This being Xiaomi, which built its brand on 'bang for your buck' in the mobile world, made a lot of people hopeful about the pricing of its first EV.

According to purported information coming from an insurance company in China, the top trim version of the SU7 Max will retail for CNY 361,400, which currently translates into $50,800.

That may be more than you were expecting, but let's not forget that the SU7 Max has 673 hp, accelerates from 0 to 62 mph in 2.8 seconds, and has a top speed of 165 mph. It's also got a 101 kWh battery. We'd say the 'Xiaomi way' is still intact - these are better specs than you'd get from any similarly-priced EV.

People in China are speculating, based on the price for the top-trim version of the SU7 Max, that the base model SU7 will be priced at around CNY 250,000, which right now means $35,200. This is, keep in mind, just mere speculation. For his part Xiaomi boss Lei Jun has repeatedly denied rumors of low prices, saying the car "will be a bit expensive" since it will match the performance of luxury cars.

Currently, Xiaomi is testing the sales and licensing process, which means a few units will get license plates and all that - hence, they also need insurance, which is how the information about the price of the SU7 Max came to light. Hopefully it was the real amount Xiaomi plans to charge for it, and not just a placeholder - but that's not out of the question, of course.

Speaking of testing, the SU7 has recently been tested comprehensively on snow and ice, and we have a quick video showing that.

All of the tests seem to be going well, the only issue for us folk who don't live in China is that the SU7 may never be officially sold in other countries.

Source 1 (in Chinese) • Source 2 • Via