Electric SUV

Xiaomi’s YU7 electric SUV has garnered over 240,000 pre-orders within 18 hours of launch, signaling a shift in China’s economic outlook. Defying expectations of a price war, Xiaomi focused on innovation and user experience with both the SU7 and YU7 models. Experts suggest Chinese consumers are willing to invest in domestic EVs that meet their needs and demonstrate quality, driving companies toward increased R&D investment. Ford CEO Jim Farley acknowledged China’s advanced EV technology, further highlighting Xiaomi’s potential as a major consumer brand in the automotive sector.

BYD President Wang Chuanfu personally delivered a Fangchengbao Bao 3 to a young couple in Chongqing, emphasizing customer engagement. The couple, fans of travel and outdoor activities, appreciated the Bao 3’s design and features. The Bao 3, a compact all-electric SUV launched on April 16th, targets urban light off-roading. This event follows Fangchengbao’s milestone of exceeding 100,000 vehicle deliveries in 18 months.