Xiaomi’s New $34,500 Electric SUV Goes Farther than a Tesla Model Y and Costs Less
Lei Jun said the cheaper Standard trim widens Xiaomi’s price gap with Tesla and keeps 643 km of range, free driver assistance and air suspension.
- On Thursday, Xiaomi launched the YU7 Standard Edition priced at 233,500 yuan, directly challenging the Tesla Model Y's sales dominance in China's competitive electric vehicle market.
- Xiaomi CEO Lei Jun admitted the original YU7's 10,000 yuan price gap versus Tesla was "not competitive enough" to consistently outsell the rival, prompting the new entry-level variant.
- The new Standard Edition widens the price gap to 30,000 yuan while delivering 643 km of range—50 km more than the Model Y—plus standard air suspension and LiDAR.
- Alongside the Standard Edition, Xiaomi unveiled the 1,003-HP YU7 GT performance SUV starting at 389,900 yuan, targeting 550,000 total deliveries in 2026.
- With monthly sales dropping to fewer than 10,000 units last month, the new Standard Edition and GT lineup position Xiaomi to regain momentum against the resurgent Tesla Model Y.
14 Articles
14 Articles
Tesla Model Y rival: Xiaomi unveils entry-level YU7 SUV with up to 643 km of range
Xiaomi has introduced a novelty in its crossover lineup. The manufacturer has officially presented a new entry-level SUV YU7 Standard Edition. The novelty is directly aimed at competing with the Tesla Model Y, as it will cost several thousand dollars cheaper, but will have a longer range – 643 km versus 593 km for the […] Post Tesla Model Y rival: Xiaomi unveils entry-level YU7 SUV with up to 643 km of range at Root-Nation.com.
Tesla has another reason to be concerned. Xiaomi has just unveiled an electric SUV that surprises not only with its appearance and claimed performance, but also with its price. If the manufacturer decides to launch globally, the American giant will have to start fighting for customers. Xiaomi once again wants to prove that it can make any electronics well. Of course, the company isn't all about success. Last year's YU7 vehicle had great ambition…
Xiaomi returns to the charge in the electric car market, and in this case he does it very directly against Tesla. Because his new electric SUV, the Xiaomi YU7 in its standard version, is not only cheaper than the Tesla Model Y, but also promises a better battery. Lei Jun, Xiaomi’s own CEO, explained at the time that the problem that had to be solved with the YU7 was not easy. Because it was not being competitive enough at the price level. The di…
Xiaomi expands YU7 lineup with new GT model and entry-level variant
On May 21 in Beijing, Xiaomi held its "Human–Car–Home" ecosystem product launch event, where founder, chairman, and CEO Lei Jun unveiled the updated Xiaomi YU7 family, introducing two new variants: the YU7 GT and the YU7 Standard Edition.
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