launch

Rocket Lab successfully launched its 68th Electron rocket mission, deploying a satellite for a commercial customer. The “Symphony In The Stars” launch, from New Zealand, set a company record for rapid turnaround. This mission is the first of two for the customer, demonstrating Electron’s reliability and Rocket Lab’s commitment to consistent space access. This is the tenth successful Electron mission of the year, solidifying its position as leader in small satellite launches.

Xiaomi aims for a strong YU7 SUV launch, targeting 120,000 pre-orders in 72 hours. Sales staff across approximately 300 stores are assigned individual pre-order quotas. The YU7, launching June 26th, offers three variants with single or dual-motor options, boasting impressive performance figures and advanced driver-assistance features. CEO Lei Jun downplayed price inflation rumors, highlighting its value proposition against competitors.

Xiaomi is preparing for a major expansion, with its upcoming YU7 SUV set to be a primary focus. The new vehicle is anticipated to launch soon, assembling at an existing factory and the forthcoming second phase of its manufacturing base. Internal sources report increased activity, and suppliers are working extra hours. Despite potential concerns, CEO Lei Jun expects both the YU7 and SU7 sedan to thrive, with early price speculation circling $25,000. Exhibition model deliveries are already underway.

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.

The Huawei Pura 80 series launch saw significant demand, with long queues reported at flagship stores in Shanghai and Beijing. Early models, particularly the Pro/Pro+ versions, quickly sold out of some colors. The phone’s advanced imaging technology, including a unique “one-lens, dual-eye” design, is cited as a key driver of consumer interest, especially for concert and travel photography. The CEO’s presence further fueled excitement.