Xiaomi unveils first SUV, the YU7, priced from 253,500 yuan

Xiaomi on Thursday launched the YU7, its first sport utility vehicle and second production model after the SU7 sedan. The standard version is priced at 253,500 yuan (US$34,900), with a claimed range of 835km, 690PS peak horsepower, and 0–100km/h acceleration in 3.23 seconds.