Xiaomi says it received over 200,000 orders for a new car it priced just below Tesla's Model Y in 3 minutes

businessinsider.com/xiaomi-sold-over-200000-units-of-new-car-tesla-rival-2025-6

Xiaomi's YU7 SUV undercut Tesla's prices for a second time.
Reuters
Xiaomi said it sold more than 200,000 YU7 cars within three minutes of its Beijing launch.
The YU7, priced at $35,000, aims to compete with Tesla's Model Y in China.
Xiaomi's stock rose as much as 8% in Hong Kong on…

This story appeared on businessinsider.com, 2025-06-27 06:31:16.
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