(Yicai) April 8 — The insurance premium for Xiaomi Automobile’s first electric vehicle model is similar to that for fuel-powered cars about 66 percent more expensive.Xiaomi Auto’s SU7 Max is priced at CNY299,900 (USD41,300) and can be insured for up to CNY9,500 (USD1,315), which is a very similar price to insurances for fuel vehicles priced at about CNY500,000, according to insurance policies posted on social media by car buyers. The insurance premium for the SU7 standard version, which…
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Insurance Premium for Xiaomi’s EV Is Similar to That for Fuel Cars 66% Pricier
