Xiaomi’s new electric car, the YU7, sold out until 2027 within an hour of reservations opening, receiving 289,000 orders in total. Priced at $35,000 with an estimated range of 519 miles, it poses a significant threat to Tesla in China and potentially globally. Xiaomi’s success challenges traditional auto industry norms with its tech-focused approach. The YU7’s impressive driving dynamics and premium features make it a formidable competitor.
Read more@
