The company’s first premium EV only just went on sale in China for 529,900 RMB (around $73,000). It can do 0 to 100km/h in less than two seconds, and boasts a carbon fiber-heavy design and a 24K gold “Mi” emblem on the front,

The SU7 Ultra was officially made available a few days ago, but the company brought it to Mobile World Congress (MWC) in Barcelona, giving us the first in-person glimpse of what is probably the cheapest car with sub-2 second 0-100km/h time.

Xiaomi has officially launched the production version of its high-performance electric sedan, the SU7 Ultra, starting at approximately $73,800 USD. The flagship model of the SU7 series aims to redefine EV performance, featuring a tri-motor configuration and a track-ready chassis.