Less than a year after the launch of its first electric car Xiaomi presented the SUV YU7 model.
Gigantic range
As the manufacturer’s new car assures, which is to compete with the Tesla model, it will go on one charge at least 760 kilometers. However, the founder and general director of Lei Jun said during the presentation Yu7 that The new model can travel up to 835 kilometers.
A car produced by the third largest smartphone manufacturer It has a range of 41 km to 116 km larger than the declared range of 719 km in the case of a model with increased Tesla range.
Until now, the range of the model was the main advantage and an argument in favor of buying Tesla cars. SUV YU7 Xiaomi erases this advantage.
“We expect Yu7 to significantly reduce the participation of Tesla Model in the Chinese market,” said Citi Jeff Chung analyst in a Sunday report cited by CNBC.
We will know the price of Yu7 in July
So far, the final price of SUV YU7 is not yet known. “We’ll talk about the price in July,” Lei said during the presentation.
According to CNBC, Citi expects that The price of YU7 will be at the level of 250,000 to 320,000 yuan ($ 34 700–44 420 USD). Citi predicts that the initial monthly sales will be at the level of about 30 thousand. pieces. However, annual sales are to reach 300,000. up to 360 thousand pieces.
This price range puts Yu7 in opposition to the Y Tesla model, whose price starts from 263 500 yuan in China – notes CNBC.
Source: CNBC
