Lei Jun, the billionaire cofounder of Chinese tech giant Xiaomi, launched an electric SUV that could be a strong competitor ...

Chinese smartphone company Xiaomi priced its luxury YU7 SUV within expectations — but undercut Tesla's Model Y.

That would only rub salt into the wound for the US car maker, which has steadily lost ground to domestic EV makers that have ...

Exceptionally strong initial orders for Xiaomi's YU7 electric sport utility vehicle sent shares in the automotive newcomer to ...

Xiaomi has launched the YU7 SUV, priced at 253,500 yuan, targeting Tesla's Model Y. The vehicle features advanced tech and ...

The company’s electric vehicle division said later on its official Weibo account that there had been 289,000 pre-orders for ...

The car, which starts at $35,000, intends to compete with the Model Y, China's most popular SUV, which starts at $36,760.

Xiaomi's YU7 electric SUV launch has ignited the Chinese EV market, securing 289,000 pre-orders within the first hour and ...

Its YU7 SUV is intended to compete with Tesla’s Model Y in China. Read more at straitstimes.com. Read more at ...

Chinese EV and smartphone maker Xiaomi on Thursday priced its new electric YU7 SUV from 253,500 yuan ($35,364), almost 4% ...