Gate News message, April 17 — Lei Jun, founder of Xiaomi, kicked off a livestreamed challenge early this morning at 6:36 AM, driving the new-generation SU7 Pro from Beijing to Shanghai—a distance of 1,265 kilometers—on a single charge. The challenge is expected to last approximately 15 hours, with Lei Jun projected to arrive in Shanghai around 9:30 PM.

When asked by viewers whether Xiaomi plans to launch EV models under 100,000 yuan in the future, Lei Jun stated that Xiaomi will not develop such models for several years to come. He explained that achieving high levels of intelligence in electric vehicles requires higher costs, making it difficult to maintain pricing below 100,000 yuan.