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

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

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

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

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

Xiaomi has thrown down the gauntlet with its latest product debut in the electric vehicle industry. On Thursday, the company ...

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

Xiaomi has priced its new electric YU7 SUV aggressively, undercutting Tesla's Model Y by 10,000 yuan in China. The YU7 base ...

Xiaomi's Hong Kong-listed shares opened 8% higher at an all-time intraday high of 61.45 Hong Kong dollars before investors ...

Xiaomis Hong Kong-listed shares (OTC:XIACF) jumped 8% on Friday following the debut of its latest electric vehicle, the YU7 ...

China’s Xiaomi Corporation launched its eagerly anticipated YU7, its first battery-powered SUV model, a major milestone in ...

Chinese EV and smartphone maker Xiaomi on Thursday priced its new electric YU7 SUV from 253,500 yuan ($35,364), almost 4% ...