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Xiaomi launches YU7 SUV: Prices undercut Tesla Model Y, 200,000 orders secured in 3 minutes

CnEVPost

The Xiaomi YU7 secured over 200,000 firm orders in the first 3 minutes, marking another rare case in China’s EV market.
The starting price for the Xiaomi YU7 is RMB 253,500 ($35,360), lower than the Tesla Model Y’s RMB 263,500.

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