BEIJING, July 9 (Reuters) - China's Xiaomi on Thursday unveiled an SUV series named Sky Nomad, accelerating the technology company's push into automobiles as growth slows in its mainstay smartphone market.
The extended-range electric vehicle (EREV) series, branded Xiaomi Pengcheng in Chinese, will comprise "smart, versatile, ***** ious" SUVs, CEO Lei Jun said on his Weibo micro-blog account along with a teaser poster of one of the vehicles.
EREVs are a type of plug-in hybrid that sit between conventional petrol-electric hybrids and battery-only vehicles, using a combustion engine as a generator to extend battery driving range.
Xiaomi's announcement represents expansion beyond battery-powered sedans and crossovers into a category popularised by models from automakers such as Li Auto.
With its SU7 sedan and YU7 crossover, Xiaomi's EV business has become a revenue pillar over the past two years.
The extended-range electric vehicle (EREV) series, branded Xiaomi Pengcheng in Chinese, will comprise "smart, versatile, ***** ious" SUVs, CEO Lei Jun said on his Weibo micro-blog account along with a teaser poster of one of the vehicles.
EREVs are a type of plug-in hybrid that sit between conventional petrol-electric hybrids and battery-only vehicles, using a combustion engine as a generator to extend battery driving range.
Xiaomi's announcement represents expansion beyond battery-powered sedans and crossovers into a category popularised by models from automakers such as Li Auto.
With its SU7 sedan and YU7 crossover, Xiaomi's EV business has become a revenue pillar over the past two years.
3 months ago
