Electric Vehicle

California American Water and the American Water Charitable Foundation awarded a $25,000 grant to the San Marino Fire Department for Southern California’s first all-electric emergency response vehicle, enabling multi-agency coordination across 23 municipalities. This EV mobile command center, supported by the LAFD Foundation, aligns with California’s 2035 zero-emission mandate and enhances climate-resilient disaster preparedness. The initiative reinforces partnerships between water utilities and emergency services, with the Foundation’s “Keep Communities Flowing” program investing over $20 million since 2012 in water security and infrastructure resilience nationwide.

Xiaomi founder Lei Jun promotes the new YU7 EV, highlighting its impressive range and performance. The YU7 Standard Edition achieved the top spot in the EasyCar Endurance Test for SUV models, with a 784km real-world range. A 24-hour endurance test saw the YU7 Max cover 3,944km, showcasing its power, charging, and durability. This aggressive marketing approach signals Xiaomi’s ambition in the EV market.

Xiaomi’s new YU7 EV has generated a secondary market surge, with pre-order slots trading at a premium. Long delivery times, up to 56 weeks for standard models, fuel speculation and urgency. The scarcity, coupled with hype, allows early buyers to resell slots at significant markups. While unofficial transactions flourish, official timelines are only provided to confirmed order holders, creating uncertainty for potential buyers. The YU7’s success highlights the competitive EV market and the demand for quick access to desirable models.

Xiaomi’s upcoming YU7 electric vehicle is generating intense market anticipation. Pre-emptive rental offers are appearing on secondary platforms, with daily rates potentially reaching 6,000 yuan, exceeding those of luxury cars like the BMW M5 and Bentley Flying Spur. Early adopters are anticipating high demand, mirroring the SU7 launch where initial rental prices were also high. However, experts predict significant early price volatility.

BYD, a leading Chinese EV maker, is expanding globally by significantly investing in its car carrier fleet. The company has received its fifth carrier, “Xi’an,” and the “Changsha” is set to launch, both with a capacity of 9,200 vehicles. This builds on existing vessels, supporting BYD’s strong export growth, with exports up 133.8% year-over-year in April and exceeding 293,000 units cumulatively for the first four months, solidifying its position in the competitive EV market.

Xiaomi’s founder, Lei Jun, lauded Beijing’s role in the success of their EV venture. He credited the city’s business environment, industrial foundation, and supportive ecosystem. The upcoming Xiaomi YU7, scheduled for a July launch, is generating significant pre-order interest, surpassing even the SU7’s initial demand.

Faraday Future will unveil its FX Super One, the first model for its FX brand, on June 29, 2025, in Los Angeles. The event targets stockholders, partners, and influencers aiming to redefine luxury mobility with an AI-powered, mass-market MPV. A public launch follows on July 17 with production slated by the end of 2025.

Xiaomi CEO Lei Jun highlighted the SU7’s success as proof of their focused automotive strategy. Lei contrasts their single-model approach with competitors, emphasizing their proven “Xiaomi Model” methodology. Early interest in the upcoming YU7 surpasses that of the SU7, attracting a wider audience. While optimistic, Xiaomi remains cautious, accelerating preparations for the YU7’s launch, aiming for further growth.

Xiaomi is combating speculation surrounding the pricing of its upcoming YU7 electric vehicle. The company issued a statement dismissing all circulating price estimates as unfounded, urging consumers to await official announcements. Company executives, including Wang Hua, emphasized pricing will only be confirmed just before the launch. Xiaomi also aims for its automotive division to achieve profitability this year, with significant investment in intelligent driving development.

At FF’s shareholder day, founder Jia Yueting expressed deep gratitude for retail investors’ support, crediting them with saving the company. He vowed to offer significant returns to compensate for past setbacks, driven by recent operational and financial improvements. FF also announced B2B sales breakthroughs, securing orders, and progressing towards the year-end launch of its first vehicle, the FX Super One, with subsequent models on schedule.