Xiaomi Reveals YU7 Pricing Undercutting Tesla Model Y In China, Receives Over 200,000 Pre-Orders Within Minutes
Xiaomi’s YU7 SUV will start at RMB 253,500 yuan ($35,322), CEO Lei Jun said Thursday. This is RMB 10,000 lower than the Model Y, which starts at RMB 263,500 in the country.