Latest news with #SU7
Hindustan Times
7 hours ago
- Automotive
- Hindustan Times
Xiaomi's YU7 SUV launched internationally, gathers over 2,40,000 bookings. Check details
The Xiaomi YU7 has been launched in China at RMB 253,000 (approximately ₹30.26 lakh). Check Offers Xiaomi has expanded its electric vehicle portfolio with the launch of its all-new YU7 electric SUV in China, priced from RMB 253,000 (approximately ₹ 30.26 lakh). Following the success of its debut EV, the SU7 sedan, the YU7 is Xiaomi's second foray into the automotive space and comes loaded with technology, performance, and customisation options. In a strong show of market demand, Xiaomi confirmed that over 240,000 pre-orders were placed within the first 18 hours of launch, reinforcing the brand's growing presence in China's EV segment. The YU7 also arrives with a price advantage, undercutting the Tesla Model Y by nearly 4 per cent in the region. Xiaomi YU7: Variants and performance Xiaomi is offering the YU7 in three variants: Standard (RWD), Pro (AWD), and Max (AWD with performance upgrades). Powering the top-spec Max is Xiaomi's HyperEngine V6s Plus, featuring a silicon carbide-based powertrain that delivers 690 bhp and a top speed of 253 kmph. The base Standard version produces 315 bhp and offers an impressive range of up to 835 km (CLTC), while the Pro variant puts out 489 bhp and offers a range of up to 770 km. Acceleration from 0 to 100 kmph is achieved in as little as 2.98 seconds in the Max variant. All variants support ultra-fast charging, with the battery able to charge from 10 per cent to 80 per cent in just 12 minutes or gain 620 km of range in 15 minutes. Also watch: Xiaomi SU7 electric car makes India debut: Will the Tesla, BYD rival launch here? Xiaomi YU7: Design and colour options Styled as a low-slung performance SUV, the YU7 features a widebody stance and muscular rear. Buyers can choose from nine exterior colours, including Basalt Grey, Emerald Green, Dusk Purple, and Dawn Pink. Wheel options range from 19-inch long-range alloys to 21-inch performance wheels. The 21-inch offerings include Phantom wheels with Michelin Primacy 5 Energy tyres for a 750 km range, and two sporty forged designs (Floral and Petal) with Michelin Pilot Sport tyres delivering a 670 km range. Floating Xiaomi logo centre caps and coloured four-piston Brembo callipers (in red or yellow) add to the premium, custom feel. Also Read : Tesla in trouble: Xiaomi SU7 outsells Model 3 in this country, YU7 gunning for Model Y Xiaomi YU7: Interior and features Inside, the YU7's cabin features several dual-tone upholstery options such as Pine Grey, Coral Orange, and Iris Purple. The front seats offer a 10-point massage function and a zero-gravity recline, while the rear seats can recline up to 135 degrees. The SUV is packed with high-tech features, including a 16.1-inch centre touchscreen, a smart-dimming panoramic sunroof, a HyperVision Mini LED panoramic display, and a mic-free karaoke system. It also supports the XiaoAI voice assistant and comes with an integrated 27W power outlet for electronic accessories. Unique to the YU7 is a 4K gimbal camera integrated into the IRVM and an AI spatial sensor. Rear passengers can also mount the Xiaomi Pad 7S Pro, while the roof rails provide a 100W power output, dual USB-C ports, and projector connectivity. A 25-speaker surround sound system and a 4.6-litre onboard fridge round out the luxurious feature list. Apple users benefit from special connected car features too, with the iPhone's Action Button configurable for lock/unlock functions and shortcut integration via the Control Centre. The Xiaomi EV App provides real-time updates via the "Alive Status" interface. Also Read : Did autopilot fail? Xiaomi SU7 crash kills three, founder pledges full cooperation Xiaomi YU7: Technology and comfort Xiaomi's Smart Chassis system governs ride quality using a double wishbone front and five-link independent rear suspension setup. The inclusion of dual-chamber air springs, adaptive dampers, and Brembo brakes helps deliver a premium and planted driving experience. A standout feature is the "Motion Sickness Relief Mode," developed in collaboration with Huashan and Beijing Tongren Hospitals. The system continuously adjusts pitch, roll, and suspension dynamics to reduce motion sickness. According to Xiaomi, internal testing showed a 51% reduction in symptoms and a 16% delay in onset. Check out Upcoming EV Cars in India. First Published Date: 28 Jun 2025, 08:30 AM IST
Yahoo
7 hours ago
- Automotive
- Yahoo
Xiaomi's Model Y Challenger Breaks Pre-Order Records
Xiaomi's Model Y Challenger Breaks Pre-Order Records originally appeared on Autoblog. The Tesla Model Y has become the benchmark for electric SUVs, not just in the U.S., but especially in China – the world's largest EV market. In fact, the Model Y was one of the world's best-selling nameplates in 2024, surpassing even the sales of those powered by internal combustion engines. Of course, those at the top will sooner or later face rivals, and one of the newest challengers comes from an unexpected yet increasingly popular player: the Chinese tech giant Xiaomi. Best known for its smartphones, Xiaomi is quickly carving out space in the EV market. After making a strong debut with its SU7 sedan, which has outsold the Tesla Model 3 in China and even outgunned the Rimac Nevera at the Nürburgring, Xiaomi is now targeting SUV buyers with its newly launched YU7. Unsurprisingly, it's off to a great start. The YU7 is Xiaomi's first electric SUV, and, on paper, it's a bold and calculated strike at the Model Y. Slightly larger in size, the YU7 offers more presence on the road with a longer wheelbase and wider stance. Like the SU7 sedan, three variants are available – Standard, Pro, and Max – with both single- and dual-motor configurations. Acceleration is impressive across the board, with the top-spec Max hitting 0 to 62 mph in just 3.23 seconds, compared to 4.3 seconds for the Tesla Model Y Long Range. Battery capacity is another advantage: up to 101.7 kWh in the YU7 Max, claiming a range of up to 519 miles, substantially higher than the Model Y's 447 miles of maximum range in China. The YU7 also operates on a more modern 800-volt electrical architecture versus Tesla's 400-volt setup, which promises faster charging and better thermal efficiency. View the 2 images of this gallery on the original article Naturally, no battle in the tightly contested EV market is complete without a price war. The YU7 undercuts the Model Y right out of the gate: its base model starts at RMB 253,500 (around $35,360), about RMB 10,000 (roughly $1,400) cheaper than the base Model Y. Even the top-tier Max variant is more affordable than the fully loaded Tesla. Xiaomi also threw in limited-time benefits worth up to RMB 66,000 (approximately $9,200) for early buyers. That tactic worked as over 200,000 reservations were logged within just three minutes of the order books opening. Deliveries are expected within 1-5 weeks for early adopters, and Xiaomi even allows existing SU7 order holders to switch to the YU7 until June 29. With Tesla having issues selling its EVs this year in Europe and elsewhere, it's safe to say that Xiaomi is off to a great start. Xiaomi's Model Y Challenger Breaks Pre-Order Records first appeared on Autoblog on Jun 27, 2025 This story was originally reported by Autoblog on Jun 27, 2025, where it first appeared.
New York Post
21 hours ago
- Automotive
- New York Post
Chinese customers snapping up this Tesla rival's new SUV in bad sign for Elon Musk
Exceptionally strong initial orders for Xiaomi's YU7 electric sport utility vehicle sent shares in the automotive newcomer to a record high on Friday and fanned speculation that Tesla may have to cut prices to fight back. In the first 18 hours after the YU7 went on sale, Xiaomi received some 240,000 orders that it considers locked in, with buyers having paid either a hefty deposit for ready-to-deliver cars or a smaller deposit for cars still to be made. The smartphone and appliance maker made a huge splash in China's electric vehicle market with the launch of its first vehicle, the SU7 sedan, in March last year. The car has outsold Tesla's Model 3 in China on a monthly basis since December and has even earned a rave review from Ford CEO Jim Farley. 4 In the first 18 hours after the YU7 went on sale, Xiaomi received some 240,000 orders, with buyers having paid either a hefty deposit for ready-to-deliver cars or a smaller deposit for cars still to be made. CEO Lei Jun, above. AFP via Getty Images The YU7 is only its second model and priced from 253,500 yuan ($35,360), it undercuts Tesla's Model Y by nearly 4%. That will likely lead to more market share loss for the US automaker, analysts said. At one Xiaomi car showroom in Beijing, dozens of people were gathered around the YU7. Otto Shi, a 26-year-old Tesla Model Y owner who works in finance, said he was considering getting a YU7 for his father who currently drives a Mercedes-Benz. 'We could take turns to drive the Model Y and YU7,' he said, adding that he was impressed by Xiaomi's prowess in supply chains and the SU7's success had made him believe Xiaomi is the ideal Chinese brand to switch to. Xiaomi's shares shot 8% higher in early trade to an all-time high but later pared gains to close up 3.6%. They have risen by more than 70% so far this year to value the company at roughly $190 billion, making it the best performing large-cap stock in Asia Pacific, according to LSEG data. 4 Xiaomi shares have risen by more than 70% so far this year to value the company at roughly $190 billion. AFP via Getty Images What can Tesla do? As domestic rivals increasingly win over Chinese consumers with snazzy new features, Tesla's share of the Chinese EV market has fallen from a peak of 15% in 2020 to 10% last year and then again to 7.6% for the first five months of 2025. Citi analysts said in a note to clients that it may have to cut prices further, offer its 'Full Self-Driving' (FSD) driver assistance software for free and offer more financing incentives if it is to compete successfully with Xiaomi. Tesla, which counts China as its biggest market according to first-quarter sales numbers, did not immediately respond to a request for comment. Last year, China accounted for roughly a fifth of its revenue. 4 Analysts said Elon Musk's Tesla may have to cut prices further, offer its 'Full Self-Driving' (FSD) driver assistance software for free and offer more financing incentives if it is to compete successfully with Xiaomi. AFP via Getty Images While Xiaomi CEO Lei Jun acknowledged that Tesla's driving assistance software was superior, he touted a range of other features where he said the YU7 outperformed the Model Y. The YU7's base model is equipped with a 96.3 kWh battery pack, offering a driving range of up to 835 km (519 miles) on a single charge and supporting high-power fast charging. That compares with a maximum range of 719 km for the redesigned Tesla Model Y, which uses a smaller 78.4 kWh battery. 4 The YU7's base model is equipped with a 96.3 kWh battery pack, offering a driving range of up to 519 miles on a single charge and supporting high-power fast charging. Its backseats have drawers for storage under them and the YU7's driver assistance software comes at no extra charge while Tesla charges 64,000 yuan for its smart driving software, he added. On Thursday night, Xiaomi said it had received 289,000 orders for the YU7 in the first hour after it went on sale, more than three times the level for its SU7 when it launched. Lei has said, however, that a portion of orders was likely being placed by scalpers. On Chinese secondhand platform Xianyu, there were hundreds of people on Friday looking to sell their position in the order queue to others. Aiming to mitigate such scalping, Xiaomi is now limiting each customer to purchasing two cars at most.
Mint
a day ago
- Automotive
- Mint
Xiaomi YU7 SUV, company's second EV, receives 240000 orders in 18 hours; challenges Tesla in China
Xiaomi's latest electric SUV, the YU7, has triggered a buying frenzy in China, racking up around 240,000 orders within just 18 hours of launch, a performance that sent the company's shares soaring to a record high on Friday. The orders, considered firm by Xiaomi, include both large deposits for vehicles ready for delivery and smaller sums for those yet to be produced. The overwhelming demand underlines the smartphone giant's growing foothold in the electric vehicle (EV) sector, as it intensifies competition with established players like Tesla. This marks Xiaomi's second foray into the EV market, following the successful debut of its SU7 sedan in March last year. Priced from 253,500 yuan (approximately $35360), the YU7 undercuts Tesla's Model Y by nearly four per cent, further fuelling speculation that the US automaker may need to respond with price cuts or new incentives to maintain its market share. 'Tesla may be forced to reduce prices further or consider bundling its Full Self-Driving (FSD) system for free to stay competitive,' said Citi analysts in a client note. The YU7's specifications are also attracting attention. Its standard model includes a substantial 96.3 kWh battery pack offering a claimed range of up to 835 kilometres (519 miles) on a single charge, significantly more than the 719-kilometre range of the redesigned Tesla Model Y, which has a smaller 78.4 kWh battery. The YU7 also offers rapid charging capabilities and a number of consumer-focused features, including under-seat storage drawers and free driver-assistance software, a feature that costs an additional 64,000 yuan on Tesla's models. While acknowledging Tesla's superiority in autonomous driving, Xiaomi CEO Lei Jun argued that the YU7 surpasses the Model Y in several other areas. 'We are offering more value where it counts for Chinese drivers,' he said at the launch event. The company claimed 289,000 YU7 orders were logged within the first hour of sales on Thursday night, over three times the figure achieved by the SU7 at its debut. However, Lei cautioned that some of these may come from scalpers attempting to resell their early positions in the queue. Hundreds of listings offering order slots were spotted on the secondhand trading platform Xianyu. In response, Xiaomi has implemented a two-vehicle purchase cap per customer to deter scalping and ensure fairer distribution. (With inputs from Reuters)
Yahoo
a day ago
- Automotive
- Yahoo
Xiaomi says it received over 200,000 orders for a new car it priced just below Tesla's Model Y in 3 minutes
Xiaomi said it sold more than 200,000 YU7 cars within three minutes of its Beijing launch. The YU7, priced at $35,000, aims to compete with Tesla's Model Y in China. Xiaomi's stock rose as much as 8% in Hong Kong on Friday. Xiaomi launched a car just slightly cheaper than Tesla's Model Y, and it has already attracted hundreds of thousands of buyers. In a Weibo post on Thursday, the Chinese smartphone and electric vehicle maker said it received over 200,000 orders for the YU7 within three minutes of its launch in Beijing. Within an hour of the sale starting, it had more than 289,000 orders for the car, Xiaomi wrote in a second post. The car, which starts at $35,000, is a competitor for the Model Y, China's most popular SUV, which starts at $36,760. Xiaomi's founder and CEO, Lei Jun, repeatedly took jabs at Tesla during the launch event. "Tesla previously said, 'Go ahead and compare,' and we at Xiaomi just won't accept defeat. Today we officially take up Tesla's invite to compare," Lei said on Thursday. Tesla and CEO Elon Musk did not immediately respond to a request for comment from Business Insider. Xiaomi's stock rose 8% to a record high on Friday in Hong Kong following strong order demand. It ended the day up about 3.6% at almost 59 Hong Kong dollars. "YU7 seems to be selling like hot cakes despite slightly higher pricing" than estimated, Jefferies analysts led by Edison Lee wrote in a note on Thursday. "YU7's pricing is slightly below that of Tesla Model Y, but it offers much better specs/performance," the analysts wrote. "Model Y is the main target of YU7, and thus we expect YU7 would be able to take market share from Model Y." Chinese players, including Xiaomi, BYD, the world's largest EV company by sales volume, Nio, and Xpeng, have been undercutting Tesla's prices and gaining market share in China and Europe. The YU7 unveiling adds to the growing EV price war — and Tesla's headaches in the Chinese market. The YU7 is Xiaomi's second car since the company entered the EV sector last year with its SU7 sedan. It is priced below Tesla's Model 3 and has sold more cars than Tesla's Model 3 in China every month since December. It's also attracting some big-name fans in the US. In October, Ford's CEO Jim Farley said he didn't want to give up the Xiaomi SU7 he had been driving for the past half year. Xiaomi's stock is up 72% this year on the back of strong SU7 sales, continued success in the smartphone market, and the addition of home appliances to its product offering. Read the original article on Business Insider Sign in to access your portfolio
