Chinese smartphone company Xiaomi announced Tuesday it would formally launch its long-awaited electric car on March 28.
The company claimed in a social media post the product "would be delivered as soon as it is launched," according to CNBC's translation of the post written in Chinese.
Last month, Xiaomi President Weibing Lu told CNBC the company was targeting the premium segment with the car, and indicated deliveries could begin as soon as the second quarter. Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price or specific release date.
The company claimed in a social media post its SU7 electric car "would be delivered as soon as it is launched," according to CNBC's translation of the post written in Chinese.Squawk Box AsiaWhile the company revealed the car to an international audience for the first time at Mobile World Congress Barcelona, Lu said it would likely take at least another two or three years before Xiaomi starts selling the vehicle overseas.
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