The bank stated that consumers need to pay 5,000 yuan as a deposit for the YU7 model, which is unconditionally refundable within 7 days (consistent with the policy when the SU7 was released). Although some orders were converted from unfinished SU7 orders, the market demand for Xiaomi YU7 still far exceeds the company and market expectations. In the first 24 hours, Xiaomi YU7 received 15,000 orders, which indicates that Xiaomi will continue to consolidate its leading position in China's high-end automobile market.
According to the report, the retail prices of the YU7 standard, Pro and Max versions are RMB 253,500, RMB 279,900, and RMB 329,900 (approximately US $35,000, US $39,000, and US $46,000) respectively, which are basically in line with expectations and compared with peers. Highly competitive.
In addition, considering the popularity of Xiaomi SU7, YU7 has the following performances:1) Occupy an important position in the high-end SUV market:In China's high-end SUV market, YU7 andTeslaModel Y, Li Auto L6 Competing with other models, it surpasses its competitors in terms of size, interior space, driving performance, powertrain and battery life support.2) Different from SU7:YU7 by providingLuxurious, the balance of performance and comfort, and the comprehensive upgrade compared to the SU7 in all aspects, distinguishing it from the performance-oriented sedan SU7.3) Expand the Xiaomi ecosystem:YU7 further expands Xiaomi's AI-powered car and smart home ecosystem, enhancing the brand and ecosystem's appeal to consumers.