Xiaomi is a bang with his Yu7 electric SUV, the crossover strongly inspired by the thoroughbred Ferrari, and relaunches his challenge to the Tesla of Elon Musk and to his compatriot Byd. In the first 18 hours from the opening of the pre -orders, the Beijing group collected 240,000, based on one of its social accounts Sina Weibo. Thursday evening, Xiaomi’s number one, she Jun, announced on her personal account of the same platform 289,000 initial orders for the Yu7 in the first hour of sale.
With a momentum departure, beyond the most rosy market expectations of about 100,000 units, Tesla may have to reduce prices to react to the blow. And the same could be byd, already in the sights of the national authorities for the war of the low list. The Yu7, the second vehicle of Xiaomi, has a price that is almost 4% lower than Tesla’s Model Y, starting from 253,500 Yuan, just over $ 35,000, confirming the ferocious competition in the flourishing Chinese e-car market. In the meantime, the Model Y is the best -selling electric SUV in China. Xiaomi, in this way, strengthens the pressing on Tesla: just over a year ago he presented his first model SU7 (Speed Ultra 7), immediately under observation because it ‘inspired’ by the stylistic ideas of the Porsche Panamera, at a price of less than 30.00 dollars for the basic model, lower than the Model 3 in Tesla. Also in this case the launch surprises with 50 thousand pre -orders in just 27 minutes. In the first five months of 2025, new generation e-car sales in China reached 4.35 million units, with an annual increase of 34.1%, according to the China Passenger Car Association (CPCA) data released on June 9.
China has maintained its leadership in the global sector of electric vehicles in 2024, with over 11 million electric cars sold, according to the Global Ev Outlook 2025 of the International Energy Agency (AIE), published on May 14: the dragon is destined to maintain the leadership in the sales of electric cars until 2030. Xiaomi, with Yu7, offers three versions: Standard, Pro and Max, The denominations of smartphones resume, the core business of the Beijing group. The standard Yu7 is long -autonomous rear -wheel drive (830 km according to the Chinese approval scheme); The Yu7 Pro has all -wheel drive and a basic price list price of 280,000 yuan; Finally, the Yu7 Max is the top of the range with all -wheel drive and costs 330,000 yuan. The announcement of the car in definitive and ready for deliveries from the end of June came together with the launch of new devices, folding smartphones and unpublished smartwachs, to encourage that integration that had also been hypothesized by Apple with the development of the Icar, then set aside. It is not clear when, but the Xiaomi electric crossover will be likely available in Europe.
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