Core Insights - The article discusses the recent live broadcast by Lei Jun, where he addressed the overwhelming response to Xiaomi's new SUV model, YU7, which achieved over 200,000 pre-orders within three minutes of its launch [4][5][21] - The success of YU7 is attributed to its strong product appeal and the ability to attract new customers rather than merely transferring existing customers from the previous model, SU7 [8][20] Summary by Sections Product Launch and Market Response - Xiaomi's YU7 was launched at a starting price of 253,500 yuan, which was initially a concern for the company [5][16] - The pre-order numbers were astonishing, with 200,000 orders in three minutes and 289,000 in one hour, showcasing a strong market demand [5][21] - The company reported that the irrevocable order volume reached 240,000 within 18 hours, indicating significant consumer trust [5][21] Addressing Criticism and Market Strategy - Lei Jun addressed skepticism regarding the pre-order data, clarifying that the seven-day "hesitation period" is a common industry practice [8] - He emphasized that only 15% of YU7's orders came from existing SU7 customers, proving that YU7 attracted new buyers [8][20] - Lei Jun expressed a desire to focus on production and delivery rather than engaging in endless debates about numbers [9] User Demographics and Market Positioning - The average age of YU7 buyers is approximately 33 years, with a 30% female ownership rate, indicating a more mature and diverse customer base compared to SU7 [11][12] - Notably, 52.4% of YU7 buyers are iPhone users, suggesting a tech-savvy demographic [13] - The top three cities for sales are Shanghai, Hangzhou, and Beijing, which are also the strongest markets for Tesla's Model Y, indicating direct competition [14] Future Outlook and Company Philosophy - Lei Jun stated that Xiaomi will prioritize domestic delivery issues before considering international expansion, with a tentative timeline for export around 2027 [19] - He highlighted the importance of quality and consumer trust, acknowledging the scrutiny Xiaomi faces in the automotive sector [18][20] - The company aims to focus on product quality and innovation rather than engaging in negative competition with rivals [10]
小米YU7风暴:雷军如何回应一场车圈“奇迹”