Xiaomi's EV buyers face up to seven-month wait

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The maker of smartphones and other consumer electronics began taking orders on Thursday and said pre-orders hit 88,898 in the first 24 hours.. Deliveries for the standard SU7 model, priced at 215,900 yuan ($29,870), may take 18-21 weeks, according to checks by Reuters on Xiaomi's car app...

Deliveries for the SU7 Pro model could take 18-21 weeks, while the most expensive model, priced at 299,900 yuan, could take 27-30 weeks...

The SU7, whose design has drawn comparisons with Porsche's Taycan and Panamera sports car models, has been launched amid a cut-throat price war in the world's largest auto market where more than 40 brands vie for consumer attention...

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