CNBC AI News – June 19th: Anticipation is building for Xiaomi’s upcoming YU7 SUV, and all signs point to a premium price tag. Don’t expect bargain-basement pricing here.
“We’re not going cheap”, warned Xiaomi Group partner and president, Lu Weibing, in a recent “spoiler live stream.” He highlighted that the YU7 will boast top-of-the-line features across the board, including LiDAR, an 800V architecture, impressive range, and an expansive panoramic display. He compared the configuration favorablely with the Xiaomi SU7 Pro, implying that the YU7 would justify a significantly higher price.
Adding to the intrigue, one online commenter playfully suggested a price of 255,900 yuan to Xiaomi co-founder Lin Bin on social media. The response? A firm “no” from Bin.
In the words of Lei Jun, founder of Xiaomi, the YU7 is being positioned as anything but an ordinary SUV. Instead, it’s set to be a high-performance, luxury vehicle, with the base model intended to go head-to-head with the sportiest offerings from competitors.
Lei Jun provided a glimpse into the standard model’s impressive specifications, highlighting its competitive edge: “CLTC range of 835km, 700 TOPS of computing power, LiDAR, end-to-end assisted driving, Xiaomi Sky View display, continuous damping adjustable shock absorbers, plus many more luxurious and comfortable features.”
The YU7 will be offered in three versions, with the standard model featuring an extended-range, rear-wheel drive configuration leveraging an 800V silicon carbide high-voltage platform marking a significant improvement over the already-impressive SU7.
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