The company received 289,000 orders for the YU7 - only its second vehicle and one that undercuts Tesla's Model Y in price by nearly 4% - in its first hour on sale, according to CEO Lei Jun. That was ...

The company received 289,000 orders for the YU7 - only its second vehicle and one that undercuts Tesla's Model Y in price by nearly 4% - in its first hour on sale, according to CEO Lei Jun. That was ...

The company received 289,000 orders for the YU7 - only its second vehicle and one that undercuts Tesla's Model Y in price by nearly 4% - in its first hour on sale, according to CEO Lei Jun. That was ...

The company received 289,000 orders for the YU7 - only its second vehicle and one that undercuts Tesla's Model Y in price by nearly 4% - in its first hour on sale, according to CEO Lei Jun. That was ...

Xiaomi’s shares soared to an all-time high after the company launched pre-orders for its new YU7 sport utility vehicle that ...

Analysts had been keenly watching the launch, which comes as Chinese EV makers lock into another price war as they seek to win over cautious consumers.

Xiaomi's YU7 electric SUV launch has ignited the Chinese EV market, securing 289,000 pre-orders within the first hour and ...

Chinese electric vehicle maker Xiaomi received almost 300,000 pre-orders within an hour for its first sports utility vehicles in what the company said was ...

The company’s electric vehicle division said later on its official Weibo account that there had been 289,000 pre-orders for ...

Lei Jun, the billionaire cofounder of Chinese tech giant Xiaomi, launched an electric SUV that could be a strong competitor ...

Shares of Xiaomi jumped Friday morning in Hong Kong, rising as much as 8.0% and hitting a new high before paring gains. The stock was last up 3.5% at HK$58.95, and up 71% for the year. Preorders for ...

The YU7 is intended to compete with Tesla’s Model Y in China. Read more at straitstimes.com. Read more at straitstimes.com.