In just under 18 hours since its launch, the Xiaomi YU7 electric vehicle witnessed an astonishing 240,000 orders. This overwhelming response far exceeded the company’s capacity, leading to a delay in vehicle deliveries by 56 to 59 weeks.
Amidst a wave of customer complaints, founder and CEO Lei Jun surprisingly advised those in urgent need of a vehicle to consider alternative options, including the Xiaomi YU7‘s direct competitor – the Tesla Model Y.
The YU7 is Xiaomi’s first electric SUV, offered in three variants with prices ranging from 253,500 to 329,900 NDT (approximately 922,89 – 1,2 billion VND). With such a spectacular start, the Xiaomi YU7 is expected to further boost the strong growth of the Chinese tech giant’s electric vehicle division in 2025.
While the car is currently only sold domestically, Xiaomi is gearing up for global expansion, setting its sights on Tesla and other major brands.
Electric Dreams: Honda’s Dynamic Duo of EVs, the Saloon and SUV, Arrive in Southeast Asia
“The M.O.V.E. by Honda” is an innovative and exciting new venture by Asian Honda Motor. This state-of-the-art experience hub, the first of its kind in Southeast Asia, promises to offer an immersive journey into the world of Honda’s cutting-edge technology. With this official inauguration, Honda takes a bold step forward in engaging and captivating its customers, offering an unforgettable brand experience.
The Great Auto Reconciliation: Can Trump Bring Honda and Nissan Back Together?
With Trump’s new tax policy, it is highly likely that Honda and Nissan will join forces once again.
Electric Evolution: Ford Vietnam Installs Dealer-Based EV Charging Stations
Ford Vietnam has taken a giant leap forward in electric vehicle adoption by installing DC fast-charging stations at its dealerships nationwide.
VinFast Inaugurates Electric Car Assembly Plant in India
Today, VinFast inaugurates its electric vehicle (EV) assembly plant in the SIPCOT Industrial Park, Thoothukudi, Tamil Nadu, India. This significant milestone underscores VinFast’s commitment to its global expansion strategy and marks a new chapter in its journey towards becoming a leading global EV manufacturer.
The MG4 EV 2025: Over 11,000 Pre-Orders in 24 Hours.
SAIC Motor has received an overwhelming response for its upcoming MG4 EV hatchback, with an impressive 11,067 pre-orders placed within just 24 hours. This promising start bodes well for the official launch of the vehicle, which is set to debut in September.
