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Shares of China's Xiaomi surge

CNBC on MSN · 3d

China's Xiaomi sees shares soar to record highs as new electric vehicle draws strong response

In the latest step in an intensifying price war, Chinese smartphone company Xiaomi revealed its luxury YU7 SUV will cost less than Tesla's Model Y. Xiaomi's luxury YU7 SUV will start at 253,500 yuan ($35,

Reuters on MSN · 2d

Shares of China's Xiaomi surge after launch of electric vehicle YU7

SHANGHAI (Reuters) -Hong Kong-listed shares of Xiaomi opened up 8% on Friday, after the launch of a new electric car model. The shares were up roughly 5% in early trading, after the Chinese EV and smartphone maker on Thursday priced its new electric YU7 SUV from 253,

Bloomberg · 4d

China’s Xiaomi to Launch First SUV as Shares Near Record High

The unveiling of Xiaomi Corp.’s first electric SUV on Thursday will showcase how the Chinese tech company has become an investor darling with its high-stakes bet on the auto market.

2don MSN

Things just keep getting more difficult in China for Elon Musk's Tesla

Tesla faces new challenges in China as Xiaomi's new YU7 electric SUV intensifies competition for Elon Musk's automaker.

2d

China Market Update: Xiaomi Roars Silently, Trade Deal Details Needed, Week In Review

Asian equities ended a positive week mixed, as Japan outperformed, while Indonesia and Malaysia were closed for the Islamic ...

2don MSN

This Is China’s Answer to the Tesla Model Y

The Xiaomi YU7 has joined the automaker's lineup, setting its sights on what is Tesla's most popular model at the moment. And ...

Stocktwits on MSN3d

Xiaomi Reveals YU7 Pricing Undercutting Tesla Model Y In China, Receives Over 200,000 Pre-Orders Within Minutes

Chinese EV maker Xiaomi (XIACF) on Thursday unveiled the price of its YU7 SUV, undercutting Tesla Inc.’s (TSLA) Model Y in ...

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