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

Exceptionally strong initial orders for Xiaomi’s YU7 electric sport utility vehicle sent shares in the automotive newcomer to ...

That would only rub salt into the wound for the US car maker, which has steadily lost ground to domestic EV makers that have ...

Chinese EV and smartphone maker Xiaomi on Thursday priced its new electric YU7 SUV from 253,500 yuan ($35,364), almost 4% ...

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

Xiaomi's new YU7 EV, priced just under Tesla's Model Y, garnered over 200,000 orders in minutes, hitting 289,000 in an hour.

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

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

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

Tesla faces new challenges in China as Xiaomi's new YU7 electric SUV intensifies competition for Elon Musk's automaker.

Chinese tech giant Xiaomi is making waves in the electric vehicle (EV) world once again. Just minutes after unveiling its ...

Xiaomi has thrown down the gauntlet with its latest product debut in the electric vehicle industry. On Thursday, the company ...