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Lei Jun: Satisfactory Performance if YU7's Initial Orders Top SU7's in Same Period
The Xiaomi YU7 will be unveiled tonight (26th) at 7 PM, representing a crucial test for Xiaomi's automotive division, Chinese media reported, citing Lei Jun, founder, chairman,...
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Lei Jun: Satisfactory Performance if YU7's Initial Orders Top SU7's in Same Period
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The Xiaomi YU7 will be unveiled tonight (26th) at 7 PM, representing a crucial test for Xiaomi's automotive division, Chinese media reported, citing Lei Jun, founder, chairman, and CEO of XIAOMI-W (01810.HK)  +2.050 (+3.603%)    Short selling $3.22B; Ratio 11.218%   .

The SUV is the true battleground of the automotive industry, and the YU7 is about to face fierce competition, Lei noted. Despite having enough confidence, he said the competition in the SUV sector is intense, and the company will proceed with caution and full effort.

Related NewsMacquarie Sees XIAOMI-W's YU7 Pricing Attractive, Expects Strong Pre-sale Data to Push Up Shr Price
If the initial order performance of the YU7 can surpass that of the SU7 in the same period, it would be considered quite satisfactory, the founder indicated.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 16:25.)

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