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

Chinese electric vehicle maker Xiaomi received almost 300,000 preorders within an hour for its first sports utility vehicles in what the company said was a “miraculous” moment for the industry.

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

In a breakthrough for incretin medicines, China’s National Medical Products Administration (NMPA) has approved Innovent’s ...

Exceptionally strong initial orders for Xiaomi YU7 electric sport utility vehicle sent shares in the automotive newcomer ...

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

Xiaomi has unveiled its YU7 sport-utility vehicle, a potential rival to Tesla’s bestselling Model Y, amidst an escalating price war among Chinese electric vehicle manufacturers.

Chinese electric vehicle maker Xiaomi received almost 300,000 pre-orders within an hour for its first sport utility vehicles.

People look at a YU7 electric sport utility vehicle inside a Xiaomi shop in Guangzhou, South China's Guangdong Province on June 27, 2025. Photo: VCG. Shares of Chinese tech firm X ...

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.