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Xiaomi's YU7 electric SUV has garnered around 240,000 orders in 18 hours, boosting the company's stock to a record high.

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 has introduced its first SUV, the YU7, in China, offering three variants priced between RMB 199,500 and RMB 289,900.

Xiaomi won more orders than expected for its new YU7 electric sports utility vehicle in the first hours after it went on sale ...

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

Xiaomi has thrown down the gauntlet with its latest product debut in the electric vehicle industry. On Thursday, the company ...

Xiaomi has launched the YU7 SUV, priced at 253,500 yuan, targeting Tesla's Model Y. The vehicle features advanced tech and ...

Xiaomi's Hong Kong-listed shares opened 8% higher at an all-time intraday high of 61.45 Hong Kong dollars before investors ...

China’s Xiaomi Corporation launched its eagerly anticipated YU7, its first battery-powered SUV model, a major milestone in ...