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Xiaomi launches faster version of flagship EV in challenge to Tesla

Xiaomi launches faster version of flagship EV in challenge to Tesla

Xiaomi's new EV sedan SU7 Ultra is unveiled during an event in Beijing, China October 29, 2024. REUTERS/Tingshu Wang

Xiaomi unveiled a luxury version of its SU7 electric sports car on Tuesday, saying the $114,000 model would rank as the fastest four-door car in production in a direct challenge to the likes of Tesla and Porsche.

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