The success of the Xiaomi YU7 puts a lot of pressure on established rivals like BYD in China’s competitive EV market. Xiaomi’s growing automotive influence is commendable, driven by strong retail and digital integration.
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The success of the Xiaomi YU7 puts a lot of pressure on established rivals like BYD in China’s competitive EV market. Xiaomi’s growing automotive influence is commendable, driven by strong retail and digital integration.
The new Xiaomi YU7 electric SUV has reportedly attracted 280,800 to 315,900 lock-in orders across 351 retail stores in just 72 hours since its 26 June launch. This estimate excludes online reservations.
Xiaomi’s 351 EV showrooms in China, inspired by its smartphone retail model, achieved a 75-80 percent conversion rate from visitors to orders, far exceeding the industry’s 20-30 percent average. About 90 per cent of visitors targeted the YU7 specifically.
The base model dominates YU7’s sales with around 55 per cent buyers opting for it. Chinese customers have also added 15,000 to 20,000 yuan (approx. ₹1.73-2.31 lakh) in optional features, reflecting demand for customisation.
Early orders come largely from young, urban buyers, with 55 percent being males aged 22-35. Around 60-70 per cent are upgrading from existing vehicles, and 5-7 percent switched from Xiaomi’s SU7 sedan.
The YU7 is a premium electric SUV with a standard 700km range. The Pro and Max offer enhanced features and up to 800km range (CLTC).
Its 400V/800V hybrid architecture supports ultra-fast charging, adding 510km in 15 minutes. A 16.1-inch touchscreen and HyperOS, powered by Qualcomm and Nvidia chips, deliver advanced connectivity and driver assistance.
The YU7’s technology integrates AI-driven driver assistance, infotainment, and connectivity within Xiaomi’s “Human-Car-Home” ecosystem. This ensures seamless interaction between the vehicle, user devices, and smart home systems, enhancing user experience.
Also read: Accenture, IIT Madras Unveil Software-Defined Vehicle Training
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