Logo 27 Jun 2025

Xiaomi intensifies NEV battle with second EV offering

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Tech giant Xiaomi just injected fresh momentum into China’s already cutthroat new energy vehicle (NEV) race.
On Thursday, Xiaomi unveiled its new YU7 electric vehicle (EV), racking up a record-breaking 289,000 non-refundable deposits within an hour of launch – enough to max out Xiaomi’s production c...