Who might be the supplier for the Xiaomi YU7?

Xiaomi Autos is once again making waves in the automotive circle! The first SUV model, YU7, has been officially announced, and is expected to be launched in mid-2025. Xiaomi is ambitious and has raised its annual sales target to 120,000 units after completing a delivery volume of 100,000 units ahead of schedule. In a Research Report released on the 12th, UBS Group predicts that with the addition of the new model YU7 and the enhancement of production capacity, total sales of Xiaomi Autos in 2025 are expected to double to 260,000 units. The supply chain for the YU7 is gradually coming to light. UBS Group believes that companies such as Topband, FUYAO GLASS, Minth, Huayang, NEXTEER, and Keboda Technology are likely to become partners of Xiaomi, providing components for the YU7.

wallstreetcn03:30 ET

China's Auto Sector Gets Boost From National Trade-in Policy in November

MT Newswires03:16 ET

Li Bin of NIO: The entry of Technology companies like Huawei and Xiaomi has brought significant changes to the Industry.

On December 12, NIO founder Li Bin stated to the media that the competition in the electric Autos Industry is intense, and in two to three years, it will be clear who can remain at the table. The Industry is in a higher-dimensional competition, which is not just about products, Technology, and services, but also multi-dimensional and comprehensive competition, with no weaknesses allowed. Companies like Huawei and Xiaomi entering the field have greatly changed the Industry, while traditional Autos companies are making significant investments and Ventures are also building their capabilities comprehensively. (Sina Technology)

Sina Technology02:58 ET

China Auto Body Seeks Subsidy Extension as EV Exports Take Hit

BNN BloombergDec 11 03:15 ET

[Brokerage Focus] Guoyuan International expects domestic Autos demand to remain stable next year, with independent brands' market share continuing to rise.

Jinwu Financial News | Guoyuan International has released the investment strategy for the Autos Industry in 2025. In terms of complete vehicles, it is expected that domestic Autos demand will remain stable overall next year, with independent brands continuing to gain market share. However, the intensity of market competition is expected to remain fierce, with price pressures continuing to impact the entire supply chain system. The competitive advantage of China's Autos Industry is generally strengthening, and if there are no significant changes in the international trade environment, the trend of export growth is likely to continue. The bank recommends industry leader BYD Company Limited (01211) (already covered): the company has a vertically integrated advantage in electric vehicle development and is vigorously advancing.

Jinwu Financial NewsDec 11 02:14 ET

Major bank rating | JPMorgan: The momentum of Xiaomi's electric vehicles will continue, rating "Shareholding".

JPMorgan published a research report indicating that Xiaomi Group announced it will launch its second electric vehicle, named Xiaomi YU7, in mid-next year; it is an SUV model. The expansion of the electric vehicle Business product portfolio reflects the group's capability to enter the electric vehicle market, which has exceeded market expectations. The delivery target for the first electric vehicle, Xiaomi SU7, has also been raised twice, and the gross margin for the electric vehicle Business in the first two quarters has reached a mid-to-high level, far surpassing the market's initial expectation of only a slight gross margin. JPMorgan indicated that it is currently waiting for the group to announce more details regarding the new vehicle's range, pricing, and Battery, believing in the strong sales momentum of the SU7 and the core business of the group along with the electric vehicle Business.

Gelonghui FinanceDec 10 22:08 ET