Xiaomi aims at the BESSSLA Tesla car in China with its longer range yu7

Beijing – Chinese XiaomiKnown for its smartphones, only recently entered the electricity space. Now it is tend to Tesla Car car in China.

Less than a year after the launch of its first electric car, Xiaomi found its YU7 SUV on Thursday and claimed that it would have a range of at least 760 kilometers (472 miles) for one charge.

This is much higher than 719 km, advertised for the extended Tesla Y. Management Head of Management was a trade point for consumers who are experiencing a frequent charge of the battery.

“We expect YU7 to blur the Tesla Model-y market share,” Citi analyst Jeff Chung said in the Sunday report.

Citi expects that Y7 will be at about 250,000 yuan up to 320,000 yuan (from 34 700 to $ 44), and forecast monthly sales of about 30,000 units. Once the sales are collected, Citi predicts annual sales from 300,000 to 360,000 units.

This price range is subject to YU7 vs Tesla’s Model Y, which starts with 263,500 yuan in China. Xiaomi plans to declare the price of y7 at the official launch of the car in July.

Xiaomi plans to declare the price of y7 at the official launch of the car in July.

The Tesla Y Model has become the second most sold new energy vehicle in China for six months to April, according to Autohome, an Internet platform for consumer information about cars in China. Bully cheaper seagull Baida finished first, and the Wuling Hongguang Mini budget finished third.

Only in April Geely Geome Xingyuan headed the list of new bestsellers in energy cars, followed by seagulls of Baid and Wuling Hongguan Mini, showed Autohome data. Sedan SU7 Xiaomi finished fourth, and three byd models, and the Tesla y model ranks eighth.

Last year Xiaomi released his first electric car, Sedan SU7, at the price of 4000 dollars below Than at the time model 3 tesla. After that, Tesla reduced the price of 3 to 235,500 yuan as of May 26 – although it is still more expensive than the SU7 Sedan by 215 900 yuan.

Xiaomi delivered more than 28,000 units of car su7 In April, having dropped from its record more than 29,000 over the previous month. This happens after the SU7 car disaster in China, which left three people dead. Since then, China has instructed the automakers to be careful with the language when advertising drivers’ assistants.

Xiaomi discovered Y7 on Thursday at the end of the launch for the premium schedule using a new chip which which The company claimed to win Apple on certain indicators. CNBC was unable to check the claims on his own.

Rival electric company XPeng It should release the maximum version of its relatively popular Mona M03 car on Wednesday. The maximum version includes more advanced opportunities for drivers. Campaign Previously said that the maximum would start delivery After the New Year’s Lunar Holiday in February.