China’s latest EV is a ‘connected’ car from smart phone and electronics maker Xiaomi

By KEN MORITSUGU
Associated Press

BEIJING (AP) — Chinese smart consumer electronics maker Xiaomi is joining China’s booming but crowded market for electric cars with a sporty high-tech sedan. The tech company began accepting orders in China on Thursday night. Founder Lei Jun wrapped up a presentation on the car by announcing the much-awaited price range: 215,900 yuan to 299,900 yuan or about $30,000 to $40,000. Government subsides have helped make China the world’s largest market for electric vehicles and a bevy of new makers are locked in fierce competition. Xiaomi aims to capitalize on its smart technology by connecting its cars with smartphones and home appliances.