The car, which starts at $35,000, intends to compete with the Model Y, China's most popular SUV, which starts at $36,760.

Chinese smartphone company Xiaomi priced its luxury YU7 SUV within expectations — but undercut Tesla's Model Y.

SHANGHAI (Reuters) -Hong Kong-listed shares of Xiaomi opened up 8% on Friday, after the launch of a new electric car model.

Xiaomi's Hong Kong-listed shares soared eight per cent at one point before paring their gains but ending at a record high.

Tesla Model Y is priced at 263,500 yuan in China, and with the recent launch of Xiaomi YU7, the American EV maker is likely ...

Xiaomi Corp.’s shares rose 8% to a record high after the smartphone maker drew strong initial orders for a $35,000 sport ...

Ultimately, every great car design is heavily inspired by other vehicles. Xiaomi CEO Lei Jun has been spotted driving the ...

The YU7 is Xiaomi's second vehicle and one that undercuts Tesla's Model Y in price by nearly 4 per cent. The Model Y is China ...

California's governor said the network defamed him in covering his phone call with Donald Trump related to the president's ...

Chinese tech megacorp Xiaomi is back at it again, putting the world on notice that it builds the quickest and fastest ...

Shares of the firm founded by billionaire Lei Jun are within striking distance of a fresh record in Hong Kong after a 64 per ...

Thousands of people are signing up to see the highly automated assembly lines of Chinese EV brands like Xiaomi and Nio.