robotics / news / / Digital Trends
Xiaomi CEO Lei Jun had a straightforward reason for why the YU7 wasn’t outselling the Tesla Model Y in China.
Xiaomi launched the YU7 True Standard Edition priced 30,000 yuan lower than Tesla Model Y.
KEY POINTS
- The YU7 Standard Edition has a 399-mile range, exceeding the Model Y's 368 miles.
- This new model uses a 235kW rear-wheel-drive motor and a CATL lithium iron phosphate battery.
- The updated YU7 weighs 253 pounds less than the prior standard version, improving efficiency.
- Xiaomi slashed prices aiming to boost sales after a successful but slowed initial YU7 launch.
COMPANIES
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