Xiaomi, the Chinese phone company, has come out with an EV called SU7 with SU standing for Speed Ultra.

Top speed is 265 kph and it can go from 0 to 100 kph in 2.78 seconds.

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One version has a range of 415 miles, and the other has a range of 500 miles. The price is not disclosed.

It is being manufactured by the state-owned Chinese BAIC Group in Beijing. The battery is made by CATL.