Lei Jun, the billionaire cofounder of Chinese tech giant Xiaomi, launched an electric SUV that could be a strong competitor ...

Xiaomi's new YU7 EV, priced just under Tesla's Model Y, garnered over 200,000 orders in minutes, hitting 289,000 in an hour.

The smartphone and appliance maker made a huge splash in China’s electric vehicle market with the launch of its first vehicle ...

Xiaomi has confirmed receiving over 200,000 real orders for its Tesla killer, the YU7, in just three minutes. We ...

The exceptionally strong initial orders for Xiaomi's YU7 electric sport utility vehicle fanned speculation that Tesla may ...

The car, which starts at $35,000, intends to compete with the Model Y, China's most popular SUV, which starts at $36,760.

Xiaomi's CEO Lei Jun said on Monday that the firm plans to hold an official launch event for its new YU7 electric sports ...

Tesla faces new challenges in China as Xiaomi's new YU7 electric SUV intensifies competition for Elon Musk's automaker.

Chinese smartphone and appliance maker Xiaomi launched its second model and orders started pouring in. The firm received ...

Xiaomi opened the YU7 order books with a starting price of 253,500 yuan ($35,300), just 10,000 yuan ($1,395) under the Tesla ...