Xiaomi recently revealed its second electric vehicle, the YU7, which is designed to compete directly with Tesla's Model Y. This high-performance luxury SUV boasts features such as intelligent door handles and a panoramic hypervision display. With a maximum speed of 253 km/h and an acceleration of 0-100 km/h in just 3.23 seconds, the YU7 also offers an impressive range of 835 km. Analysts from Morgan Stanley believe the vehicle will intensify competition for Tesla in China, where the latter has seen declining sales due to fierce local rivalry. Pre-order expectations are high based on Xiaomi's previous success with the SU7.
Xiaomi's new EV, the YU7, aims to challenge Tesla's Model Y, showcasing cutting-edge features and impressive performance, amidst Tesla's declining sales in China.
The YU7 has a top speed of 253 km/h and can accelerate from 0 to 100 km/h in just 3.23 seconds, with a range of up to 835km.
Morgan Stanley analysts warn that Tesla's market dominance in China may be under siege as local competition escalates with the launch of the YU7.
Xiaomi's CEO anticipates that the YU7 will sell well, citing previous success with the SU7, which garnered 120,000 pre-orders shortly after launch.
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