In a significant development, Chinese tech giant Xiaomi has made its foray into the automotive industry with the launch of its first electric sports car, the SU7. The company announced that it has received an overwhelming response, with over 100,000 orders placed for the vehicle as it commenced deliveries. The SU7 marks Xiaomi’s entry into the highly competitive electric vehicle market, positioning itself to compete with established players like Tesla. During a ceremony held in Beijing to mark the initial deliveries, Xiaomi’s CEO and founder, Lei Jun, expressed his excitement, stating that the debut of Xiaomi’s car heralds a new era in smart mobility, with China poised to produce a formidable player in the automotive sector. The initial deliveries are part of a limited batch of 5,000 cars known as the “Founder’s Edition,” which comes with additional accessories tailored for early adopters. This move signals Xiaomi’s ambition to disrupt the automotive industry and establish itself as a key player in the growing electric vehicle market.