Three years ago, the Chinese company Xiaomi first offered to make a battery-powered sports car. After three years, their first electric car is going to be released on March 28. US and German car manufacturers have to compete with Chinese companies. 

The name of the car coming in the market is SU7 i.e. Speed ​​Ultra. The car can run at a speed of 100 kilometers per hour in just two tenths and 78 seconds. The top speed of the car will be 265 km per hour. Once charged, the battery of this car will easily cover a distance of 800 km. The SU7 will cost around 33,000 Euros (Bangladeshi Tk 4 million), which is the same as the Tesla 3 and a third of the price of the Porsche Tecan. Xiaomi chief Lei Jun said, “We don't want compromises or mediocre products. We want to build a dream car that will rival Tesla and Porsche."  • Car now from smartphone: China has long been the world's largest producer of electric cars. Apart from companies that didn't make such cars before, such progress in electric transportation is unimaginable. Xiaomi mainly makes intelligent systems used at home. But the company's reputation in Europe is due to its smartphones. Another Chinese company, Huawei, has stepped into the world of electric cars from the world of smartphones. From 2021, their electric SUV car called AITO or Aito has also entered the market. But this trend is not only seen in China. Apple started thinking about making cars 14 years ago. But in February 2024, they said that they are stopping this plan for now. Apple spent a total of 10 billion US dollars on this project. 

• China's takeover of the car market: Chinese companies are questioning Germany's top position in the car market. Bernard Diepenziffen, a member of consulting firm KPMG, said China is the top supplier of lithium batteries. Technology and sales in this sector have seen China's leading role in all parameters. "Asia's suppliers are leading the way so far," Dipenzifen said. It's not the kind of opportunity that German suppliers see in terms of raw material production or battery production.'' At the Geneva International Motor Show in February, it became clear that China's automakers are by no means holding back. There was not a single company from Germany, but several from China. 

• China brings new generation cars​​​​​​​: In China's car industry, cars are not seen as mere transportation machines. They are looking at all aspects that will be necessary in the future. For example, these companies are also emphasizing on automation or automatic technology, artificial intelligence, environment-friendly transportation and technological development.​​​​​​​ This is what tech companies like Xiaomi and Huawei are trying to do. According to Xiaomi head Lei, “Currently, the car is just like a moving data center. The next generation of automated industries will emerge from the connected space.The car has been named a house on wheels by Chinese electric car maker NIO.