02/07/2025
🚗🔥Breaking News: Xiaomi YU7 Launches at around $35,500 — Aiming to Challenge Tesla Model Y! 🚗🔥
On June 26, 2025, Xiaomi officially revealed its "Human-Vehicle-Home Ecosystem" during a major launch event, unveiling the highly anticipated YU7 EV with these prices:
🔴Standard: approximately $35,500
🔴PRO: approximately $39,200
🔴MAX: approximately $46,200
A Direct Rival to the Model Y
Just three days earlier, Lei Jun teased on Weibo that the YU7 is set to challenge Tesla's dominance in China. He called the Model Y an "industry icon" and a global bestseller, but emphasized Xiaomi’s bold goal to take the throne.
During the presentation, Lei shared detailed performance data, safety info, and configurations, openly comparing the YU7 to the Model Y. Xiaomi highlighted areas where it outperforms Tesla — like range and smart cockpit — while acknowledging some gaps. The base price of around $35,500 even undercuts the Model Y by about $2,500 — Lei joked that decision was made "in just 5 minutes last night."
Pre-Order Frenzy!
When pre-orders opened at 10 PM on June 26, the YU7 shattered records: 200,000 deposits in just 3 minutes! The MAX trims, ready for immediate delivery, sold out instantly.
Your Thoughts?
Does the YU7’s pricing meet your expectations?
Can it realistically beat the Model Y?
Will Xiaomi’s Hong Kong shares surge after this?
Drop your thoughts below!