China’s Xiaomi undercuts Tesla with yet another cheaper car
People are looking at an electric SUV Xiaomi Yu7 at an Xiaomi store in Hangzhou in Zhejiang, Zhejiang in East China on 26 June 2025.
Feature China | Future Publishing | Getty Images
Beijing – Chinese smartphone company Xiaomi He gets AIM directly competitors Tesla With a new electric SUV.
CEO Lei Jun said on Thursday that Xiaomi’s luxury YU7 SUV will start from 253,500 Yuan ($ 35,322).
Before the official price announcement, a CITI report listed the expectations that YU7 SUV would be priced by 250,000 Yuan to 320,000 Yuan ($ 34,800 to $ 44.590) by estimating about 30,000 units of monthly sales. After the speed increases, Citi foresees 300,000 to 360,000 sales annually.
The SU7 sedan of Xiaomi’s company, which was released last year, was priced below Tesla’s model 3.
On Thursday, Lei claimed that YU7 was defeated Tesla’s Model Y in a series of metric, but it still took a short time for the driver’s aid. The YU7 comes with the most advanced version of Nvidia’s driver assistant software supported by Thor Chip. It starts on Thursday at 22.00 before sales and deliveries are expected within one to five weeks.
Just three minutes after the launch of YU7 Pre-Sates Xioami in question He had received more than 200,000 orders.
Features
Xiaomi initially said that he would start YU7 in July. Previous event takes place A concentrated electric car is in the middle of the price war.
Xiaomi announced the YU7 SUV in late May after launching its first electric car and claimed that the vehicle would have at least 760 kilometers (472 miles) driving range on a single charge.
This is far above 719 kilometers advertised for Tesla’s expanded range model Y. Driving range was a sales point for consumers who often worried about battery charge.
Although Xiaomi does not introduce its artificial intelligence as much as other consumer brands, the launch event on Thursday has exhibited several AI automobile features, such as allowing drivers to change a song using hand gestures or asking for a telephone application to identify where the car was parked.
Yu7 also supports Apple Car Play and Apple Music, Lei Lei.
Smart glasses
Chinese smartphone and home device company launched several products, including the highly anticipated. Artificial intelligence -related glasses.
AI glasses, which prohibit Meta Ray’s smart offer, can change the color tone of the lenses and scan a QR code to pay for China’s mobile smartphone applications. Xiaomi also announced features similar to that of meta glasses, such as taking photos and videos, as well as using interactive AI to describe a flower or translate the text.
Xiaomi’s AI glasses start from 1,999 Yuan ($ 279). An Xiaomi spokesman said that he is currently not planning to sell glasses abroad. Meta’s version was not officially sold in China.
