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TechRadar
TechRadar
Leon Poultney

More bad news for Tesla – Xiaomi's new Model Y rival beats it on price and just smashed pre-order records

Xiaomi Tesla Inc. SUV China Car News China
Xiaomi YU7.
  • Xiaomi says it's sold more than 2,000 YU7s within three minutes of launch
  • The electric SUV deliberately undercuts the Model Y
  • Huge demand means the company’s plant capacity is sold out until 2027

Not content with ripping up the performance EV rulebook in the Nurburgring-shattering SU7 Ultra, Chinese technology giant Xiaomi is now entering the popular and hotly-contested SUV market with its YU7.

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