Chinese electric vehicle maker, Xiaomi, founder and chief executive Lei Jun, says he is astonished by the reaction from ...

We believe the Xiaomi YU7 is priced very competitively and could become the best-selling EV model in the entire market,” ...

Lei Jun, the billionaire cofounder of Chinese tech giant Xiaomi, launched an electric SUV that could be a strong competitor ...

Performance is strong, too, with the marque’s HyperEngine V6s Plus endowing the YU7 Max model with 690hp, which translates into a top speed of 146mph and a 0-62mph sprint time of just 3.2 seconds.

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 ...