Xiaomi’s YU7 Is an SUV-Sized Middle Finger to Tesla’s Model Y

Compare this to nan Cybertruck, which pulled successful a claimed 146,000 reservations successful its first 36 hours, backmost successful 2019. This soon passed 250,000, and Musk went connected to declare that “over 1 million” orders had been placed betwixt nan 2019 unveiling and erstwhile accumulation yet began immoderate 5 years later. But, according to information associated pinch a March callback issued because Tesla utilized nan wrong glue connected its stainless alloy assemblage panels, fewer than 50,000 Cybertrucks appeared to person been sold successful 14 months.

One cardinal preorders and 46,000 income doesn’t sound great, but is astir successful statement pinch nan 2 to 16 percent conversion complaint nan automotive manufacture intends for. While that doesn’t opportunity overmuch astir nan Cybertruck’s income performance, it further underscores nan phenomenal early occurrence of Xiaomi’s car business. The world’s third-largest smartphone institution only started making cars 18 months ago, and truthful acold offers conscionable 2 models, successful nan SU7 and newer YU7, yet is already braced for tremendous growth, some astatine location and overseas.

As good arsenic reporting a near-50 percent jump successful fourth-quarter revenue, Xiaomi said successful March 2025 that it plans to unfastened 10,000 of its Mi Home stores successful overseas markets complete nan adjacent 5 years, almost doubling nan number of stores it already operates successful China.

These brick-and-mortar shops banal everything from Xiaomi’s smartphones and tablets, to wearables, smart-home devices, televisions, computers, location appliances, luggage and, yes, electrical cars. Although tariffs mean US description remains connected ice, Xiaomi president Lu Weibing said location is awesome imaginable for Xiaomi’s products overseas, and that it intends to commencement shipping cars overseas successful 2027.

Little other is known astir Xiaomi’s plans to travel successful nan tyre tracks of BYD, Nio, and different Chinese car brands that person expanded to Europe and elsewhere. Xiaomi’s past changeable crossed nan front of Western automakers came successful precocious June, erstwhile it was announced that a modified type of its SU7 Ultra had go nan third-fastest car to ever thigh nan Nürburgring Nordschleife.

Wearing slick tires and reinforced pinch a motorsport-spec rotation cage, nan car topped 210 mph and completed nan people successful 6 minutes, 22.091 seconds, lowering its erstwhile champion clip by 24 seconds and slotting successful down only nan Porsche 919 Evo and Volkswagen ID.R connected nan track’s wide leaderboard.