DossierENTITY

YU7

Coverage of YU7 in the Nexus archive.

Earliest in view: May 27 · 01:43 UTCMost recent: May 27 · 01:43 UTC

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BUSINESSMay 27 · 01:43 UTCSCMP WORLD
Xiaomi out to scalp Musk’s bestselling SUV in China with its upgraded and low-cost model
Xiaomi is launching its upgraded YU7 SUV to compete with Tesla's bestselling Model Y in China, leveraging a low-cost strategy after its SU7 sedan outsold the Model 3. However, the company's shares fell slightly, and its Q1 profits missed estimates due to rising memory chip costs impacting its smartphone business.