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Xiaomi aims to source 55 pc phone components in India, showcases 1st luxury EVJuly 9, 2024Bengaluru, July 9 (IANS) Smartphone company Xiaomi on Tuesday said it aims to source at least 55 per cent of its components locally in India, which aligns with the government’s ‘Make in India’ initiative — as the company completed 10 years in the country. According to Muralikrishnan B, president at Xiaomi India, around 35 per cent of the non-semiconductor bill of materials (BoM) for smartphones is currently being locally sourced.He said that over the next two year, the company aims to source 55 per cent of the non-semiconductor BoM or components locally.The company on Tuesday showcased ‘SU7 Max’, the company’s first EV luxury sports sedan positioned as a “full-size high-performance eco-technology sedan” that pushes boundaries in performance, ecosystem integration, and the mobile smart space.Xiaomi said it has developed five core EV technologies: E-Motor, CTB Integrated Battery, Xiaomi Die-Casting, Xiaomi Pilot Autonomous Driving, and Smart Cabin.The Xiaomi SU7 Max features 673 ps of power as well as a maximum range of 800 km on a single charge.The SU7 Max with 838 nm of torque can accelerate from a standstill to 100 km per hour in 2.78 seconds and tops out at 265 km/hour, claimed the company.The car is also able to stop from 100 km/hour at a distance of just 33.3 metres, it added.It is equipped with a comprehensive suite of 16 active safety features to provide 360-degree protection.”The Xiaomi SU7 was brought to India solely for showcase purposes. It is not for sale in the Indian market,” said the company.–IANSna/svn