XIAOMI(HK:01810) Zheng Quan Shi Bao·2025-05-22 15:20Core Insights - Xiaomi launched its first SUV model, the Xiaomi YU7, during its 15th anniversary strategic product launch event, alongside its self-developed chip, the Xuanjie O1 [1][3] - The company has delivered a total of 258,000 units of the SU7 series, with over 28,000 units delivered in April alone [1][3] Product Features - The Xiaomi YU7 boasts a maximum power of 690 PS, a 0-100 km/h acceleration time of 3.23 seconds, and a top speed of 253 km/h, equipped with the V6s Plus Xiaomi Super Motor [3] - The YU7 is positioned as a "luxury high-performance SUV" with features such as a standard range of 835 km, a panoramic display, 700 TOPS of auxiliary driving computing power, and laser radar [3][5] - The vehicle includes an 800V silicon carbide high-voltage platform, making it the leader in range among mid-to-large pure electric SUVs, with a maximum range of 835 km and a rapid charging capability of 620 km in just 15 minutes [5] Safety and Technology - The YU7 features an upgraded "armor cage" steel-aluminum hybrid body, utilizing 2200 MPa Xiaomi super steel for enhanced strength and safety, meeting all collision standards [5] - The vehicle is equipped with a fourth-generation Snapdragon 8 mobile platform and a new generation NVIDIA Thor vehicle computing platform, achieving a maximum computing power of 700 TOPS for improved driving assistance [5][6] Market Potential and Forecast - Analysts predict that the SUV market segment priced between 200,000 to 300,000 yuan is larger than the sedan market, with the potential for significant demand for the YU7 [6] - The company anticipates delivering 137,000 units in 2024, with projections of 389,000 and 573,000 units in 2025 and 2026, respectively, as new models like the YU7 are introduced [6] - Xiaomi's automotive business is expected to achieve profitability by Q3 2025, with a full-year turnaround anticipated in 2025 [6]