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What you need to know about the Chinese EV loved by Ford’s CEO and why you can’t get it in the US [Video]

Ford CEO Jim Farley said during a podcast interview that he’d been driving the Xiaomi Speed Ultra 7, a Chinese electric vehicle, for the past six months and that he didn’t want to give it up.

“It’s fantastic. They sell 10,000, 20,000 a month. They’re sold out for six months,” Farley said, calling Xiaomi an “industry juggernaut.”

This raises some questions.

First: What’s so compelling about this car? It’s pretty rare to hear a chief executive publicly extol their direct competitor. Why is it so impressive?

Second: How did Farley get the car to the US? And why can’t Americans get a car like that in the US?

Let’s dig in.

What is the Xiaomi SU7?

Xiaomi, which launched the SU7 last December, has said it expects to reach 100,000 customer deliveries by November.Costfoto/NurPhoto via Getty Images

The SU7is Xiaomi’s first vehicle, arriving nearly three years after the Chinese smartphone and consumer-electronics giant announced plans …

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