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Xiaomi SU7: This Chinese SUV has the whole auto world talking about it and it has smashed sales targets; here's why it has become a runaway hit and has Tesla worried

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Xiaomi, often seen as a competitor to Apple, is making significant strides in the electric vehicle (EV) market with its SU7 model. The SU7 has become a major success in China, even earning accolades from Ford CEO Jim Farley. By November, Xiaomi had already exceeded its annual sales target of 100,000 units for the SU7.