On the evening of March 28, Xiaomi Motors, which has been preheated for half a year, was finally launched. The first model, SU7, is positioned as a mid-sized pure electric coupe. A total of 5 models have been launched (including 3 standard editions + 2 founding edition models), priced at 215.900~ 299,900 yuan. According to people familiar with the matter, Xiaomi plans to officially release this SUV model before the end of this year. This news brings new investment opportunities and expectations to investors. At the same time, Xiaomi President Lu Weibing also clearly pointed out that Xiaomi’s goal is not just to be limited to a certain market segment, but to become a participant in all channels and categories. Xiaomi SU7 is just the beginning of our entry into the C-class pure electric luxury sedan market.