A Chinese startup backed by smartphone giant Xiaomi has unveiled a low-priced electric sports car called the SC01. The SC01 weighs about 1.3 tons and is capable of accelerating from 0 to 100 km/h in 3.9 seconds, driven by dual electric motors with a peak power of 320 kW. The model will cost less than 300,000 yuan ($42,000) and will be available for official orders starting in the third quarter of 2023, with deliveries beginning in the fourth quarter of next year.
