News

The smartphone and appliance maker made a huge splash in China’s electric vehicle market with the launch of its first vehicle ...
The company received 289,000 orders for the YU7 - only its second vehicle and one that undercuts Tesla's Model Y in price by ...
Tesla faces new challenges in China as Xiaomi's new YU7 electric SUV intensifies competition for Elon Musk's automaker.
Xiaomi's new electric SUV deliberately undercuts the Model Y on price –and the tech giants says it's sold more than 2,000 ...
Lei Jun, the billionaire cofounder of Chinese tech giant Xiaomi, launched an electric SUV that could be a strong competitor ...
Shares of Xiaomi rose 8 percent following the launch of its electric YU7 SUV, priced at 253,500 yuan ($35,364), which is nearly 4 percent cheaper than Tesla's Model Y.