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Xiaomi takes aim at Tesla's bestselling car in China with its longer-range YU7

  • On May 22, 2025, Xiaomi introduced its new long-range electric SUV, the YU7, in Beijing, positioning it as a competitor to Tesla's Model Y in the Chinese market.
  • Xiaomi introduced a new electric sedan less than a year ago and has since sold 258,000 units, experiencing initial growth alongside operating losses.
  • The YU7 offers three variants with ranges from 760 to 835 km, starts around 245,900 yuan, and features advanced assisted driving technology powered by NVIDIA Thor.
  • Citi analyst Jeff Chung projected that once launched, the YU7 could capture a substantial portion of Tesla's market share in China, with estimated yearly sales ranging between 300,000 and 360,000 vehicles.
  • Xiaomi's EV division improved losses per car from 45,000 yuan in 2024 to 6,500 yuan in Q1 2025 and aims to reach profitability as delivery volumes increase.
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Just over a year after the release of his successful SU7, Xiaomi now discovers his second model: the YU7, the first SUV of the Chinese technological giant, 100% electric, of course, and that will directly rival Tesla Model Y. The Xiaomi YU7 is 4.99 meters long, 1.99 meters wide and 1.60 meters high, and has a wheelbase of 3.00 meters. It has the same length as the SU7, but is 16 centimeters higher to provide an elevated driving position.It has a…

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eastcoastdaily.in broke the news in on Monday, May 26, 2025.
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