China’s Xiaomi takes aim at Tesla, staking 23% lower price on premium SUV
Culture Index
Score Breakdown
Relevance
3/25
Freshness
25/25
Authority
18/20
Brand Signal
14/15
Depth
6/15
5-Axis Cultural Radar
Xiaomi, one of Tesla’s biggest challengers in mainland China over the past year, has priced its newest cars at a 23 per cent discount to the US carmaker’s Model Y L SUV amid intensified competition in the country’s premium electric vehicle (EV) segment. Beijing-based Xiaomi announced on Thursday that the five-seat N70 Max model under its new extended-range SkyNomad series would sell at 259,900 yua
