Xiaomi founder Lei Jun says his company’s first electric car will be an SUV or a sedan, priced between US$15,000 to US$45,000

Xiaomi’s first vehicle will be either a sedan or an SUV costing between 100,000 yuan and 300,000 yuan (US$15,300 to US$45,900), said the Chinese smartphone giant’s co-founder and CEO Lei Jun on …
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