Soaring costs and environmental anxieties are making affordable electric vehicles like the Xiaomi SU7 a must-have for many.
However, beneath the attractive exteriors and competitive pricing of these Chinese-made cars lies a complex problem for established automakers: the environmental impact of far-flung supply chains.
Extracting raw materials in one country, refining them elsewhere, and then assembling them across continents creates a massive carbon footprint, negating some of the environmental benefits of EVs.
This isn’t a new issue the dream of zero-emission vehicles stretches back well over a century, with automakers like GM attempting to crack the code with the quirky EV1.
Affordable Electric Vehicles Like Xiaomi SU7 Challenge Tesla and Highlight Supply Chain Issues (Xiaomi)
Sadly, concerns over profitability led to its demise, highlighting the historical resistance to EVs. Tesla, with initial backing from Daimler and Toyota, persevered and finally brought EVs to the forefront with the mass-market Model 3 and Model Y.
The electric vehicle (EV) market is rapidly transforming. Traditional luxury car manufacturers like Rolls-Royce and Porsche are no longer scoffing at EVs, but instead are embracing electric propulsion for its advantages in torque and emissions reduction.
This shift coincides with a growing demand for EVs that are not only luxurious and powerful but also practical and affordable.
Xiaomi, a Chinese tech giant known for its smartphones and electronics, has identified a niche in the market for such EVs. With its competitive pricing and feature-rich vehicles, Xiaomi is well-positioned to take on Tesla’s dominance in the EV space.
