Xiaomi shares rose 8% to a lifetime in a strong initial order from smartphone manufacturers, with $35,000 sport utility vehicles aiming to compete with Chinese Tesla Inc.
The company ended the $253,500 ($35,360) Yu7 on Thursday, making its debut in the crowded electric vehicle market, while scrutinizing its assisted driving technology. Xiaomi pulled over 289,000 orders in the first hour of its availability.
Xiaomi founder Lei Jun attacked Tesla at a press conference Thursday, stacking his vehicle with the model’s vehicles when comparing the MI device to the iPhone. Yu7’s price tag is consistent with analyst expectations, which is in the latest version of Y (China’s most popular SUV) at 263,500 yuan. Bied Tang L SUVslightly less than Yu7, and the price is from RMB 239,800 to RMB 289,800.
“We will face our biggest competitors and face fierce challenges from all other manufacturers,” Ley said at a press conference in Beijing.
Lei won fame with a bold plan for Unseat Apple Inc. in China, and is relying on electric vehicles to take over Elon Musk’s Tesla and fueling his final chapter for the last chapter of his entrepreneurial career. He has pushed Xiaomi from chip design to AI glasses, pushing Xiaomi into a new arena, and promised to spend 200 billion yuan in five years in an attempt to turn Chinese companies into global equipment leaders.
The company began booking a deposit of $5,000 on Thursday. Surprisingly, Ray announced that the buyer of Xiaomi’s first car (SU7 sedan) switched to an SUV for three days without delivering the original vehicle. Xiaomi announced shortly after the event that it made more than 200,000 reservations for Yu7 in three minutes.
“Consumers’ demand for Xiaomi’s Yu7 is far beyond our market expectations, which should allow Xiaomi to continue to consolidate its leadership in the Chinese premium car market.” Timothy Zhao is included in China’s premium car market. “They raised their stock price target by 6% to HK$69.
this Top model For a ride of RMB 329,900, you can drive for 760 kilometers (470 miles) per charge and accelerate to 100 kilometers per hour in 3.23 seconds. They come in 9 colors, all with LIDAR, which enhances driver assistance technology and provides an 800-volt platform for fast charging. From large touch screens and massage chairs to drawers, many people are now familiar with the touch and conveniences of Chinese drivers.
The new model will be a key test of Xiaomi’s demand ACCIDENT A SU7 sedan involved triggered Review From Chinese authorities and hammer orders.
Yu7’s debut has increased concerns about expansion in Chinese authorities Price War. Byd, Xiaomi and a dozen other automakers are warned Self-regulation And prevent cars using “zero drills” from timely expanding sales figures and paying in order to improve the overall cash flow throughout the supply chain.
Lei is confident in Xiaomi’s potential customers who are getting involved in automobiles, predicting that the new model will help the company’s electric vehicle units achieve Profitability In the second half – One of the fastest brands is reaching this milestone in the automotive industry.
investor Already warmed by that vision, the stock was sent to the North. Now worth about $200 billion, it’s bigger than Byd, Byd (the dominant electric car in the Chinese market), and its SU7 Tesla Model 3 so far this year are all out of the Tesla Model 3.
In addition to the car, Thursday’s event also showed off a pair of 1,999-yuan black AI glasses that can shoot videos and answer questions from visual cues; Mix Flip 2, Xiaomi’s new foldable phone; and a tablet that uses its internal Xring O1 chip.
