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Xiaomi launches YU7 electric SUV in China

Reuters on MSN · 4d

Shares of China's Xiaomi surge after launch of electric vehicle YU7

SHANGHAI (Reuters) -Hong Kong-listed shares of Xiaomi opened up 8% on Friday, after the launch of a new electric car model. The shares were up roughly 5% in early trading, after the Chinese EV and smartphone maker on Thursday priced its new electric YU7 SUV from 253,

Xiaomi YU7 first drive: a $35,000 Ferrari-looking electric SUV with over 400 miles of real range

Ultimately, every great car design is heavily inspired by other vehicles. Xiaomi CEO Lei Jun has been spotted driving the Purosangue, Ferrari’s latest $400,000 performance SUV, and it sounds like he thought: “Wouldn’t be nice if this were all-electric, with Xiaomi tech, and more affordable so hundreds of thousands of people could experience it?”

CNBC on MSN · 4d

China's Xiaomi sees shares soar to record highs as new electric vehicle draws strong response

In the latest step in an intensifying price war, Chinese smartphone company Xiaomi revealed its luxury YU7 SUV will cost less than Tesla's Model Y. Xiaomi's luxury YU7 SUV will start at 253,500 yuan ($35,

23hon MSN

Ford's CEO says China's EV progress is 'the most humbling thing' he's ever seen

"We are in global competition with China, and it's not just EVs. And if we lose this, we do not have a future Ford," said Jim ...

8h

‘The Most Humbling Thing I’ve Ever Seen’: Ford CEO On China’s Car Industry

“It’s the most humbling thing I’ve ever seen,” Farley said, speaking of his trips to China at the Aspen Ideas Summit on ...

11h

There’s a Race to Power the Future. China Is Pulling Away.

Beijing is selling clean energy to the world, Washington is pushing oil and gas. Both are driven by national security.

7d

China’s Electric-Vehicle Factories Have Become Tourist Hot Spots

Thousands of people are signing up to see the highly automated assembly lines of Chinese EV brands like Xiaomi and Nio.

DPA International on MSN4d

Report: Some 56 million electric vehicles worldwide; China dominates

Worldwide, the number of electric vehicles increased by around one-third last year to 55. 8 million, with China and its 31.

3don MSN

Things just keep getting more difficult in China for Elon Musk's Tesla

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

The Edge Singapore5d

China's electric vehicles: A promising road ahead

The Chinese electric vehicle (EV) sector has been under the spotlight recently, with news of a price war, with stocks coming ...

12d

Trump is turning the U.S. into an electric vehicle laggard

President Trump’s efforts to unravel policies supporting electric vehicles threatens to turn the U.S. into a laggard for ...

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