KATHMANDU: Chinese company Dreame Technology has announced its entry into the ultra-luxury electric vehicle market.
The company revealed on August 28 that its first electric hypercar will be launched in 2027 and will directly compete with the Bugatti Veyron.
Dreame has also shown early designs of two models: one that resembles the Bugatti Chiron and another SUV inspired by the Rolls-Royce Cullinan. The SUV will feature a 3.2-meter wheelbase, coach doors and a fully electric powertrain.
Dreame has already received overseas orders worth more than about 2.1 billion USD, according to company. The announcement came during its first strategic partner conference, which included 54 dealerships from 22 countries.
Strong interest has been reported from distributors in the Middle East and Central Asia. The company says it will follow an “ecosystem plus” model to expand globally, aiming to establish dealerships in up to 200 countries and regions.
About Dreame
Dreame Technology is best known for its high-performance vacuum cleaners and home robots.
The company built its reputation on advanced digital motor technology and recently achieved a world-first certification for a 200,000 RPM digital motor. This innovation was first introduced in the Z50 Station vacuum cleaner. It will now be used to power the company’s EVs.
Dreame was once part of Xiaomi’s ecosystem, producing appliances for the brand. It now operates as an independent company.
Inspired by Xiaomi’s move into car manufacturing, Dreame has built a team of nearly 1,000 specialists. These experts come from both hardware and automotive backgrounds to help achieve its goal of building “the world’s fastest car.”
