PHOTO How much does it cost and what the new car looks like Xiaomi wants to compete on Tesla on the world's largest car market, cheaper than model y
Lei Jun, president and executive director of the Chinese Electronics Company Xiaomi, presents the Xiaomi Yu7 car, during a launch event organized in Beijing, on June 26, 2025. Photo: Wang Zhao / AFP / Profimedia
Xiaomi, the Chinese manufacturer of smartphones and electric vehicles (EV), announced on Thursday that the price of the new Electric Yu7 SUV is 253,500 Yuan ($ 35,364), with almost 4% below the model Y produced by Tesla, accelerating the difficulties facing the American company on the largest car market in the world, reports Reuters.
The YU7 base model costs 10,000 yuan less than the starting price of model Y in China, while the Premium Yu7 Pro and Yu7 Max cost 279,900 yuan and 329,900 yuan respectively.
News: Xiaomi Has Officially Launched the Yu7 SUV in China Today, Its Second Ev.
It Starts at 253,500 yuan ($ 35,320), $ 1,400 Less than the model Y. Within just 3 minutes, Xiaomi Secored 200,000 pre-Orders, Breaking All Previous for a Car Launch in China.
Specs:
•… pic.twitter.com/0unqv9ftol– Sawyer Merritt (@Sawyermerritt) June 26, 2025
Thursday night, Xiaomi started taking orders for the three models, and three minutes after the start of sales the company received 200,000 orders, according to Agerpres.
Model Y, which in May was the best -selling SUV in China, has a starting price of 263,500 yuan in China.
Xiaomi has announced that it will end a partnership with Byd, Gac Toyota and Zhengzhou Nissan to build an ecosystem that connects people, homes and cars.
The founder and general manager of Lei Jun said he wants Yu7 to compete with model Y, and analysts say they could be successful. Other competitors would be the 7x model from Zeekr and L6 from Li Auto.
The Yu7 has an autonomy of up to 835 km per charge, compared to up to 719 km for the Restylized model Y, launched in January.
Everything You Need, Turned All the Way Up.
Delivers up to 835 km (CLTC) on a 96.3 kWh battery, and recharge 465 km in just 15 minutes. #Xiaomiyu7 Is Ready. #Newbeginnings pic.twitter.com/vibqw2ei5o
– Xiaomi (@xiaomi) June 26, 2025
The new vehicles announced by Xiaomi are the highlight of a program that lasts for many years and has cost $ 10 billion. Like Apple in the US, Xiaomi has seen an opportunity to expand to the EV market at a time when more and more electronics and connectivity are increasing, but Apple gave up the project of its car, while the Chinese company decided to move on.
Xiaomi yu7 has been officially launched, with 9 distinct colors 🔥 pic.twitter.com/rqaukdijtz
– tcmesla (@tcmesla) June 26, 2025
