The exceptionally strong initial orders for Xiaomi's YU7 electric sport utility vehicle fanned speculation that Tesla may ...

Xiaomi’s shares soared to an all-time high after the company launched pre-orders for its new YU7 sport utility vehicle that ...

Analysts had been keenly watching the launch, which comes as Chinese EV makers lock into another price war as they seek to win over cautious consumers.

Exceptionally strong initial orders for Xiaomi's YU7 electric sport utility vehicle sent shares in the automotive newcomer to ...