BUSINESS

Xiaomi Unveils High-Performance SUV

Published: May. 22, 2026 4:11 p.m. GMT+8

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Xiaomi YU7 GT. Photo: Xiaomi

Xiaomi Corp. has launched a high-performance version of its popular YU7 SUV, pushing deeper into China’s competitive electric vehicle market as its mainstay smartphone business falters.

The YU7 GT can accelerate from zero to 100 kilometers per hour in 2.92 seconds, boasts as much as 1,003 horsepower and delivers a driving range of 705 kilometers on a full charge. The model will start at 389,900 yuan ($57,310), CEO Lei Jun said on Thursday at a launch event.

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What Happened When

2025：: Xiaomi delivered 411,000 vehicles, far above its original target of 300,000.

2025：: Xiaomi's SU7 sedan becomes China's top-selling electric sedan priced above 200,000 yuan, overtaking Tesla's Model 3.

2025：: Xiaomi's YU7 claims the title of China's most popular electric SUV.

June 2025：: Xiaomi's YU7 SUV hits the market.

Q3 2025：: Xiaomi reports its first-ever quarterly operating profit from its EV, AI, and other new initiatives segment.

Q4 2025：: Xiaomi reaches a quarterly record of 145,000 vehicle deliveries.

Thursday (implied relative to article publication)：: Xiaomi CEO Lei Jun announces the YU7 GT (high-performance version) starting at 389,900 yuan, and a new entry-level YU7 SUV starting at 233,500 yuan.