AsiaOne
SHANGHAI — Exceptionally strong initial orders for Xiaomi’s YU7 electric sport utility vehicle sent shares in the automotive newcomer to a record high on Friday (June 27) and fanned speculation that Tesla may have to cut prices to fight back. The company received 289,000 orders for the YU7 — only its second vehicle and one
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Bumper orders for Xiaomi’s new SUV heighten threat to Tesla, Lifestyle News
Michele Culton
12:25
SHANGHAI — Exceptionally strong initial orders for Xiaomi’s YU7 electric sport utility vehicle sent shares in the automotive newcomer to a record high on Friday (June 27) and fanned speculation that Tesla may have to cut prices to fight back. The company received 289,000 orders for the YU7 — only its second vehicle and one
