The billionaire co-founder of Xiaomi Corp. unveiled the corporate’s first electrical automobile Thursday, stating ambitions to turn out to be a most sensible international carmaker in 15 to two decades and compete in opposition to Tesla Inc. and Porsche AG.The SU7, which stands for Velocity Extremely, will probably be powered by means of batteries from Chinese language marketplace leaders Recent Amperex Generation Co. Ltd. and BYD Co., relying on whether or not it has a unmarried or twin motor configuration.
