Xiaomi's Next EV Is the YU7, a Tesla Model Y Competitor for the Chinese Market
Lei Jun wants to dethrone the Model Y.
There is still a need to overcome the capacity challenges.
Xiaomi To Challenge Tesla And BYD With New Electric SUV In 2025
Xiaomi's second car YU7 has been filed, goldman sachs: expected to become one of china's best-selling high-end new energy SUVs.
Goldman Sachs stated that, given the strong sales of SU7 which exceeded expectations, and that YU7 has advantages in dimensions, power system, and range compared to similar SUV models, it has the potential to become one of the best-selling high-end new energy fund SUVs in China. Additionally, the SU7 and YU7 share the Xiaomi manufacturing platform, which is expected to improve the gross margin of the autos business.
Xiaomi Shares More Images of YU7 SUV After Core Specs Revealed in Filing
[Brokerage Focus] Goldman Sachs is bullish on the demand prospects for Xiaomi (01810) YU7, expecting the average selling price of YU7 to still have potential for growth.
Jinwu Financial News | Goldman Sachs released a research report indicating that Xiaomi Group (01810) has submitted its second electric vehicle, the Xiaomi YU7, to the Ministry of Industry and Information Technology, with management expecting a launch in June or July 2025, consistent with the bank's hypothesis that the second model will begin mass production in July 2025. The bank is bullish on the demand outlook for the Xiaomi YU7, believing that this model has the potential to become one of the best-selling high-end electric vehicle SUVs in China and is confident that the average selling price assumption for the Xiaomi YU7 still has upward potential. The bank will wait for more details on the specifications and pricing of the Xiaomi YU7 in the next six months. Despite the scheduled release date, the...
The Model Y has a strong competitor: Xiaomi's first SUV is revealed, officially announcing that the YU7 will be launched in the summer of next year.
The Ministry of Industry and Information Technology's public information shows that the YU7 is 4999mm long, 1996mm wide, and 1600mm high. Because it looks similar to the ferrari Purosangue, netizens jokingly call it "Falami." Xiaomi expects the new car to officially launch in June or July next year, but has not disclosed the pricing.
Xiaomi Names 2nd EV Model YU7, Launch Expected in Jun or Jul 2025
Express News | China's Xiaomi: Expects to Launch Yu7 SUV in June-July 2025
Xiaomi Group-W (01810) issued 5.8836 million shares as consideration.
Xiaomi Group-W (01810) announced that on December 9, 2024, the company will grant shares according to the share plan...
China NEV Retail Hits New Record High in Nov, While Penetration Declines Further
Market Chatter: Xiaomi Looks to Launch Third Vehicle Model in 2026
Worried about Trump's policies, South Korean electric car battery manufacturers are reconsidering their investment plans in the United States.
Informed sources reveal that some south korean companies have slowed down or suspended some ongoing factory constructions due to concerns over a decrease in demand for electric autos and the policies that Trump is expected to implement.
Guotou Securities: Maintains a "buy" rating on SenseTime-W, completes the "1+X" organizational restructuring.
Guotou Securities released a research report stating to maintain a "buy" rating for SenseTime-W (00020), as generative AI gradually transitions from technology to practical applications, driving growth in commercial order demand. The company is expected to gain a certain market share based on its technical capabilities and customer reputation, thereby boosting performance. It is projected that the company will achieve revenues of 4.521/5.71/7.077 billion in 2024-2026. Benefiting from organizational restructuring, operational efficiency is expected to be enhanced, with a target price of 2.12 Hong Kong dollars. In its announcement on December 4th, the company completed a strategic organizational restructuring, establishing a new "1+X" framework.
Guosen: Assigns "Outperform the Market" rating to Xiaomi Group-W (01810) as asia vets expands its business landscape in electric autos.
Guosen forecasts that Xiaomi Group's net income attributable to the parent company will be 18.7/23.5/28 billion yuan from 2024 to 2026.
Xiaomi (SEHK:1810) Eyes AI Integration and Global Retail Growth Despite Valuation Challenges
Jibang Consulting: Driven by strong sales season and flagship new phone releases, global smart phone production in the third quarter increased by 7% compared to the previous quarter.
The third quarter of 2024 coincides with the peak season for smart phone sales, as major brands successively launch flagship new devices, driving a month-on-month production increase of 7%, reaching approximately 0.31 billion units, which is on par with the same period last year.
[Brokerage Focus] Morgan Stanley: Year-end sales sprint for Chinese cars and shared mobility.
Jinwu Finance | Recent research reports from morgan stanley indicate that passenger vehicle sales in china (PV sell-through) increased by 9% month-on-month, reaching 0.629 million units, setting a new high in 10 weeks. However, the penetration rate of electric vehicles (EV) dropped to 49.3%, the lowest level since mid-July, mainly due to traditional internal combustion engine (ICE) manufacturers intensifying their sales efforts. To secure orders before the end of the year, major auto manufacturers also launched a new round of promotional activities. The report shows that the sales momentum of various brands accelerated at the end of the month. The sales of Xiaopeng (09868) autos.
Xiaomi SU7 Ultra Has Range of up to 630 Km on 93.7-kWh Battery Pack, Filing Info Shows
Canalys: In the third quarter, the global wearable wristband device market grew by 3% year-on-year to reach 52.9 million units.
In the third quarter of 2024, the global wearable wristband device market increased by 3% year-on-year, reaching 52.9 million units. The shipments of the three major categories (basic bands, basic watches, and asia vets) have risen compared to the same period last year.
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