Xiaomi prices luxury electric sedan at $72,932

Reuters

02/27

BEIJING, Feb 27 (Reuters) - Chinese electric vehicle maker Xiaomi 1810.HK on Thursday priced its luxury electric sedan, the SU7 Ultra, at 529,900 yuan ($72,931.72).

The final price of the car announced by founder Lei Jun at is much lower than the initial sticker price of 814,900 yuan for pre-orders when the car made its debut at the end of October.

($1 = 7.2657 Chinese yuan renminbi)

(Reporting by Qiaoyi Li and Brenda GohEditing by David Goodman)

((qiaoyi.li@thomsonreuters.com;))

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