Xiaomi's CEO says the company bought 3 Tesla Model Ys and ripped them apart to see what they could learn
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Xiaomi's CEO says the company bought 3 Tesla Model Ys and ripped them apart to see what they could learn
""We bought 3 Model Ys at the start of this year, disassembling the parts one by one, and studied every component, one at a time," he said to a large crowd at the Beijing National Convention Center. Behind him was a large screen displaying a side-by-side comparison of the Model Y to Xiaomi's new YU7 electric SUV. Lei added that he found Model Y to be a really good car."
"He added that Xiaomi's team spent a long time thinking about how to best design the SUV's internal space. Lei said that the final version of the YU7's design "definitely does not lose to the Model Y." He also compared the battery life of Xiaomi's YU7 with that of the Model Y, and said he thought his firm had excellent performance for its price point."
""I'm not criticizing the Model Y. The Model Y is a very, very outstanding car," Lei added. This comes as Tesla's sales in China dropped 4% in August to 83,200 units, compared to the year before, per data from the China Passenger Car Association. It has been losing steam in the country as it faces intense competition from local players like Xiaomi, Xpeng, and Nio, all selling cheaper EVs than Tesla."
Xiaomi bought three Tesla Model Ys, disassembled them, and studied every component one at a time. A side-by-side comparison displayed the Model Y and Xiaomi's YU7 electric SUV. The Model Y was described as a very good car, and buyers who do not choose the YU7 can consider the Model Y. Xiaomi's team focused on optimizing the YU7's internal space, and the final YU7 design "definitely does not lose to the Model Y." Xiaomi compared battery life and positioned the YU7 as offering excellent performance for its price point. The YU7 received over 240,000 preorders in 24 hours. Tesla's Chinese sales fell 4% in August to 83,200 units amid rising competition from local, cheaper EV makers.
Read at Business Insider
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