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China's Xiaomi undercuts Tesla with yet another cheaper car
cnbc.com/2025/06/26/chinas-xiaomi-undercuts-tesla-with-yet-another-cheaper-car.html
BEIJING — Chinese smartphone company Xiaomi is taking aim straight at rival Tesla with a new electric SUV.
Xiaomi's luxury YU7 SUV will start at 253,500 yuan ($35,322), CEO Lei Jun said Thursday, pointing out that the vehicle is 10,000 yuan cheaper than Tesla's Model Y, which starts at…
This story appeared on cnbc.com, 2025-06-26 14:31:01.795000.