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Xiaomi discounts SU7 Ultra at launch

The all-electric Xiaomi SU7 Ultra supercar is available starting this week, and it costs way less than the company reckoned it would back in October.

Instead of the original 815,000 Chinese Yuan (around $112,000), the three-motor EV can be yours for as little as 530,000 CNY ($72,750). Looks like a steal for a car outputting 1,548 metric horsepower (1,515 American hp; 1,130 kilowatts).

The news makes life even harder for the Porsche Taycan Turbo GT, which starts four times as high in China (2,000,000 CNY before options).

Editor: Andrew Raspopov

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March 4, 2025

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