The car, which starts at $35,000, intends to compete with the Model Y, China's most popular SUV, which starts at $36,760.

SHANGHAI (Reuters) -Hong Kong-listed shares of Xiaomi opened up 8% on Friday, after the launch of a new electric car model.

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

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

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

Its YU7 SUV is intended to compete with Tesla’s Model Y in China. Read more at straitstimes.com. Read more at ...

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

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

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

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

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

Xiaomi’s flagship SU7 Ultra electric vehicle boasts a 1,475 bhp Hyper Tri-Motor AWD system and a Nürburgring lap time of 7:04 ...