Sou Hu Cai Jing·2025-05-23 12:41Core Viewpoint - Xiaomi has officially launched its second car, the Xiaomi YU7, positioning it as a strong competitor to Tesla's Model Y, emphasizing its high cost-performance ratio with superior features and battery capacity [1][6][7] Group 1: Product Comparison - Xiaomi founder Lei Jun highlighted that the standard version of the YU7 has configurations that are at least 60,000 to 70,000 yuan higher than those of the Tesla Model Y, along with a larger battery capacity and longer range [1] - Analysts from Morgan Stanley noted that the design of the YU7 is impressive, combining styles reminiscent of Ferrari or Aston Martin, yet priced comparably to Volkswagen vehicles, indicating high cost-effectiveness [6] Group 2: Market Impact - The YU7 has generated significant global attention, with many overseas media outlets suggesting it could become a formidable rival to Tesla, potentially causing concern for Elon Musk [3] - The YU7 is set to begin sales in July, and analysts predict it may replicate the sales success of the Xiaomi SU7, which received 120,000 orders within 36 hours of its launch [6] - The launch of the YU7 is viewed as a potential challenge to Tesla's dominance in the Chinese electric vehicle market, with Xiaomi explicitly stating its intention to compete with the Model Y [7]