Xiaomi’s SU7 Ultra just set a new Shanghai International Circuit lap record, beating the Porsche Taycan Turbo GT with a time of 2:09.94, and this ins't the first time it's won against the Turbo GT.

Xiaomi's 1,527 (1548*) horsepower, a 201 mph top speed, and a 1.8-second 0-60 is setting new records. Are Chinese EVs redefining performance and becoming the benchmark?

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