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BYD Just Added Another Problem to Tesla's Long List
BYD Just Added Another Problem to Tesla's Long List

Yahoo

time3 hours ago

  • Automotive
  • Yahoo

BYD Just Added Another Problem to Tesla's Long List

There is a heated price war in China's EV market. BYD just unleashed a new round of intense price cuts. Tesla has problems outside of China, too, such as Europe. These 10 stocks could mint the next wave of millionaires › Tesla (NASDAQ: TSLA) investors have been on a bit of a roller coaster ride so far in 2025. The technology company's stock was up early in the year before falling as much as 45% in March and April, and then partially recovering so that it now trades down about 15% for the year. It still trades nearly 28% below all-time highs reached in December 2024. Along the way, there have been constant challenges, including a price war in China, severely declining sales in Europe, and brand backlash related to CEO Elon Musk's involvement in national and international politics. The coaster ride could potentially turn downhill again this month, thanks to China-based electric vehicle (EV) maker BYD's (OTC: BYDDY) recent move to slash prices. The action will apply more pressure to a now-challenging Chinese market that Tesla used to dominate. Let's dig into the details. China's EV market is in the midst of a highly contested battle for market share that includes a brutal price war brought on by multiple factors, including government subsidies, a long list of competing products, and a slowing global economy. These dynamics likely prompted BYD's big move late last month to make vehicle price cuts of as much as 34% on 22 electric and plug-in hybrid vehicle models (effective through the end of June). The announced cuts came after BYD reported its slowest year-over-year sales growth (up 21% in April) in more than four years. BYD's price cuts are likely to force its competitors to enlarge discounts to avoid giving up sales and market share. According to Bloomberg Intelligence, the average vehicle discount in China is around 15% so far this year, but analysts warn it could get even worse during the second half of the year. Even one of Tesla's biggest supporters, Morgan Stanley's Adam Jonas, expressed skepticism that Tesla could catch the competition in China. Jonas suggested Tesla's future is now even more tied to its upcoming launch of a robotaxi service on June 12. A report in the industry website InsideEVs quoted the Morgan Stanley analysis, which summed things up by saying, "We recommend investors have a look at the pictures and specs of the Xiaomi YU7, which looks like a Ferrari or Aston Martin SUV at the price of a Toyota Camry. Then ask yourself if Tesla would be better off introducing more steering-wheel-having EVs." BYD's price cuts add to Tesla's problems overseas. The eventuality of Chinese automakers setting sail for the U.S. market will increase EV competition significantly and exacerbate the issue. Tesla's challenges extend beyond the brutal price war in China. The company has been watching sales plunge in Europe, where the company also once dominated. Tesla's new car registrations in Europe plunged to 7,261 units in April, a decline of 49% over the previous April, according to the European Automobile Manufacturers Association. Through April, Tesla sold roughly 61,000 vehicles in Europe, a 39% decline compared to the same period last year. The automaker's results overseas are certainly weighing on its global sales, which were down 13% during the first quarter -- the worst quarterly decline in the company's history. Tesla has definitely faced adversity in 2025, but there is a little bit of good news for investors. In a recent post on X (formerly Twitter), Musk said he's back to spending 24/7 at work and sleeping in Tesla's conference, server, or factory rooms. Hopefully, with Musk returning his focus to the automotive business, the brand backlash related to his extracurricular activities will eventually blow over. For Tesla, that can't come soon enough. Despite the potential buying opportunity here while the stock is down -- and if you truly believe in Tesla long-term, it is an opportunity -- it might be wise to watch Tesla from the sidelines for the time being. If you're already a shareholder, there's no reason to sell. But know that, right now, the company seems to be facing an identity crisis: is it a robotaxi company, a car manufacturer, or a developer of AI and robotics? It might be wise to wait to invest in Tesla until its strategy forward is more certain. Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $356,261!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $38,291!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $657,385!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join , and there may not be another chance like this anytime soon.*Stock Advisor returns as of June 2, 2025 Daniel Miller has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends BYD Company. The Motley Fool has a disclosure policy. BYD Just Added Another Problem to Tesla's Long List was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Xiaomi's YU7 SUV is a Ferrari Purosangue Copy With McLaren Headlamps
Xiaomi's YU7 SUV is a Ferrari Purosangue Copy With McLaren Headlamps

Man of Many

time26-05-2025

  • Automotive
  • Man of Many

Xiaomi's YU7 SUV is a Ferrari Purosangue Copy With McLaren Headlamps

By Somnath Chatterjee - News Published: 26 May 2025 Share Copy Link Readtime: 4 min Every product is carefully selected by our editors and experts. If you buy from a link, we may earn a commission. Learn more. For more information on how we test products, click here. Xiaomi YU7 is the Chinese carmaker's first SUV and is for the Chinese market only Three configurations, including a dual-motor version capable of hitting 100 km/h in 3.2 seconds Expected to cost more than the Tesla Model Y in China The Xiaomi SU7 electric sedan grabbed its fair share of the limelight when it launched in March 2024, but things have become more interesting with the debut of its first crossover called YU7. It's the SUV version of the SU7, and it seems to be a curious blend of a Ferrari Purosangue design flanked by McLaren 750s' 'eye socket' headlamps. This is a high-performance SUV that would certainly hang with those supercars in a sprint from 0-100km/h (3.2 seconds), but the shark nose does look ungainly when juxtaposed against a swoopy crossover body. Still, we have to remember that the shape is inspired by aerodynamics for electric efficiency and range, including the headlamps, which channel air from the bonnet. In fact, there's no less than '19 optimised vents,' which seems a little over the top. Prices for the YU7 will be revealed in July, but CEO Lei Jun has already squashed rumours of the car costing around 200,000 yuan (approx. USD$27,800), hinting that it will likely have a more premium positioning over its main competitors in the Tesla Model Y and BYD Sealion 7. Xiaomi's focus for this vehicle will be the Chinese market, but it has hinted that it will enter global markets in a few years' time, if there's enough demand. Xiaomi YU7 | Image: Supplied / Xiaomi Ferrari Purosangue | Image: Supplied / Ferrari We struggle to imagine a situation where the Xiaomi YU7 doesn't find a letter from the bosses at Ferrari, and this might have something to do with its China-only positioning in the market. The rear three-quarter view is where the similarity to the V12-powered Ferrari Purosangue is even more evident. Like the Ferrari, it falls just under 5 meters in length and has a long wheelbase spanning about 3 metres—both more than the Tesla Model Y. Other design highlights include a long clamshell hood, auto flush door handles, 275 mm rear wide tires and an active grille shutter for aerodynamics. Three colours will be available at launch in China, including Emerald Green, Titanium Silver, and Lava Orange. Xiaomi YU7 | Image: Supplied / Xiaomi Xiaomi YU7 | Image: Supplied / Xiaomi Xiaomi YU7 | Image: Supplied / Xiaomi Xiaomi YU7 | Image: Supplied / Xiaomi Compared to the visual drama of the exterior, the interior is minimalistic and comes with a thin panoramic display at the top of the dashboard and a 16.1-inch infotainment touchscreen. While the focus has been on performance, the YU7 does come with all the usual luxury features like zero gravity seats doused in Nappa leather with massage and recline. The rear seats can also be reclined to 135 degrees while there are dedicated climate control functions here too. Speaking in terms of practicality, the 678-litre boot capacity can be further expanded to 1,758 litres, and there's 141 litres of storage in the trunk. Power-wise, the flagship 'Max' version of the Xiaomi YU7 has a dual-motor configuration good for 681HP and 866Nm of torque. The acceleration from 0-100 km/h is a supercar rivalling 3.2 seconds, and this variant is also the only one to get the larger 101.7 kWh battery pack with a claimed range of 770km (CLTC). Xiaomi YU7 | Image: Supplied / Xiaomi If this is too powerful, then buyers in China can look at the 'Pro' variant with 489HP and 690Nm of torque. Here, the range marginally drops to 760km due to the smaller 96.3 kWh battery pack. The variant with the highest range, though, is the single motor version with 835km per charge, and power is around 316HP, which is sufficient. 800V architecture means that the YU7 can charge its battery up to 80 per cent in just 12 minutes, which makes it one of the fastest charging EVs on the market, and 600km of range can be added in only 15 minutes. This is a Chinese market-only vehicle (for now), and prices will be revealed in July 2025. In terms of pricing, CEO Lei Jun has said that it will cost more than the rumoured 200,000 yuan (USD$27,800), hinting that it could be having a more premium positioning over the Tesla Model Y, which is priced from 263,500 yuan (USD$36,351). Besides the uncanny resemblance to the Ferrari SUV, the YU7 carries on the same product attributes of its sedan sibling while undoubtedly giving a lot of bang for the buck.

Xiaomi YU7 electric SUV unveiled with 835 km of range
Xiaomi YU7 electric SUV unveiled with 835 km of range

Hindustan Times

time23-05-2025

  • Automotive
  • Hindustan Times

Xiaomi YU7 electric SUV unveiled with 835 km of range

Depending on the variant, the battery size of the Xiaomi YU7 is different. Xiaomi YU7 has a top speed of 253 kmph. Notify me Xiaomi has unveiled its new electric SUV, the YU7 in the global market. The name of the vehicle is derived from Chinese term that symbolises "riding the wind". Xiaomi is positioning the YU7 as a high-performance luxury SUV. While Xiaomi YU7 shares the same evolutionary design language as Xiaomi SU7, it stands out with its own bold identity. What are the dimensions of the Xiaomi YU7? In terms of dimensions, the Xiaomi YU7 measures 4,999 mm in length, 1,996 mm in width, and 1,600 mm in height, along with a 3,000 mm wheelbase. What are the colour options of the Xiaomi YU7? Xiaomi YU7 introduces three nature-inspired paint finishes. There is Emerald Green, Titanium Silver and Lava Orange. A look at the interior of the Xiaomi YU7. It comes with a panoramic sunroof and all occupants get their own screens. What is the top speed and 0-100 kmph acceleration time of the Xiaomi YU7? Xiaomi YU7 can accelerate from 0-100 kmph in 3.23 seconds and a top speed of 253 kmph. What are the specifications of the Xiaomi YU7? The maximum revolution is increased to 22,000 rpm, the peak torque is increased to 528 Nm, and the peak power is increased to 288 kW. The dual-motor four-wheel drive version of Xiaomi YU7 has a maximum horsepower of 680 bhp and a peak power of 508 kW, offering quick performance. Also Read : Xiaomi SU7 EV under fire over safety, performance and transparency issues What is the claimed range and variants of the Xiaomi YU7? The Xiaomi YU7 is available in three versions — Standard, Pro, and Max — each providing extensive range capabilities. The base model, Standard, boasts a purported range of 835 km (CLTC) powered by its 96.3 kWh battery. Importantly, the all-wheel-drive models — Xiaomi YU7 Pro (with a 96.3 kWh battery) and Max (featuring a 101.7 kWh battery) — achieve CLTC ranges of 760 km and 770 km, respectively. In addition, the entire Xiaomi YU7 series is equipped with an 800V silicon carbide high-voltage platform with a peak voltage of 897V. The maximum charging rate reaches 5.2C, achieving a 10 per cent to 80 per cent charge in 12 minutes and a 620 km charge in 15 minutes, the fastest charging time. Check out Upcoming EV Cars in India. First Published Date: 23 May 2025, 12:39 PM IST

Xiaomi unveils YU7 SUV with AI features, HyperEngine, and bold design
Xiaomi unveils YU7 SUV with AI features, HyperEngine, and bold design

Hindustan Times

time23-05-2025

  • Automotive
  • Hindustan Times

Xiaomi unveils YU7 SUV with AI features, HyperEngine, and bold design

Xiaomi has officially launched its first SUV, the Xiaomi YU7, a high-performance luxury vehicle that blends premium design with breakthrough technology. The YU7 marks a major milestone in Xiaomi's expansion into the electric vehicle (EV) space, building on the success of the SU7 sedan while showcasing an entirely new design identity. Positioned to appeal to dynamic, forward-looking consumers, the YU7 aims to set a new benchmark for smart electric SUVs with features focused on performance, safety, comfort, and intelligent interaction. The Xiaomi YU7 introduces a reimagined SUV silhouette with refined aerodynamics and meticulous detailing. Key design innovations include hollowed-out 'waterdrop' headlights integrated with air ducts, ultra-red halo taillights for enhanced visibility, and an electric-flush door handle system. The YU7's drag coefficient of 0.245, achieved through over 40 airflow optimisation zones, places it among the most efficient in its class. Mobile Finder: Samsung Galaxy S25 Edge launched in India Inside, Xiaomi delivers a next-generation cockpit experience. The standout feature is the new Xiaomi HyperVision Panoramic Display, a triple Mini LED system that projects speed, navigation, and other critical information directly onto the windshield with ultra-high clarity and low reflectance. Passengers can personalise their interfaces with intelligent content placement, while a remote control panel offers full access to vehicle systems. At the heart of the YU7 is the evolved Xiaomi HyperEngine V6s Plus, capable of 690 PS, a top speed of 253 km/h, and 0–100 km/h in 3.23 seconds. The SUV is supported by a sophisticated chassis with Brembo brakes, double wishbone suspension, and dual-chamber air springs. The Pro variant offers a CLTC range of 835 km on a 96.3 kWh battery, positioning it at the top of its segment for range efficiency. Built on Xiaomi's Modena Platform, the YU7's armour-cage steel-aluminium body integrates 2200 MPa ultra-high-strength steel, increasing crash resistance and protecting passengers in extreme scenarios. It also comes standard with the NVIDIA DRIVE AGX Thor platform, LiDAR, 4D millimetre-wave radar, and 11 HD cameras, enabling advanced driver assistance and AI-powered navigation. With prices starting at a competitive level for its segment and the launch set for July, the Xiaomi YU7 represents a bold step into the premium EV market. The SUV not only pushes design and technology boundaries but also reinforces Xiaomi's commitment to integrating human-centric technology across its smart ecosystem.

Xiaomi YU7 unveiled, deliveries to commence from July
Xiaomi YU7 unveiled, deliveries to commence from July

India Today

time23-05-2025

  • Automotive
  • India Today

Xiaomi YU7 unveiled, deliveries to commence from July

Xiaomi EV has introduced its first-ever SUV, the Xiaomi YU7. Launched on May 22, 2025, the YU7 combines sleek design, advanced technology, and exceptional range, with the entry-level model offering a class-leading 835 km (CLTC). Set to compete with premium electric SUVs like the Tesla Model X and BMW iX, the YU7 will be available for purchase starting July Xiaomi YU7 is offered in three variants: Standard, Pro, and Max. The Standard variant, powered by a 96.3kWh battery, with 835km range (CLTC). The four-wheel-drive Pro (96.3kWh) and Max (101.7kWh) variants offer 760km and 770km ranges, respectively. While Xiaomi has not yet disclosed exact pricing, the YU7 is positioned as a premium option in the luxury SUV and featuresIn terms of dimensions, the Xiaomi YU7 measures 4,999 mm in length, 1,996 mm in width, and 1,600 mm in height, along with a 3,000 mm wheelbase. Key design elements include: Proportions and Styling: A 3:1 wheel-to-body ratio and a 3.11 clamshell aluminum hood, the largest in mass-produced vehicles, enhance its premium Innovations: Redesigned waterdrop headlights with air channels and ultra-red halo taillights (>632 nm) for superior nighttime A drag coefficient of Cd 0.245, achieved through 10 air channels, 19 optimised vents, and an active grille with 100 adjustable louvers, adding 59 km to its Door Handles: An infotainment-controlled 'Auto-Flush' system extends handles automatically, improving convenience and YU7 is available in three vibrant colors: Emerald Green, with a gemstone-inspired dual-layer finish, Titanium Silver, and Lava and technology advertisement The YU7's 'Dual-Zone Surround Luxury Cabin' blends comfort and cutting-edge tech:HyperVision Panoramic Display: A 1.1-meter triple Mini LED screen with 108 PPD resolution and 1,200 nits brightness, projecting navigation, media, and vehicle data with minimal space: Roomy Interior: Provides 100mm of headroom in the front, 73mm of legroom in the rear, and a total storage capacity of 1,970 litres. This includes a 141-litre front trunk and a main cargo space of 678 litres, which can be expanded to 1,758 litres by folding down the rear seats. Thoughtful storage solutions add an extra 71 litres of space within interior Features: Dual zero-gravity front seats with 10-point massage and 135 reclining rear seats for premium Powered by a 4 nm Snapdragon 8 Gen 3 chip and NVIDIA DRIVE AGX Thor (700 TOPS), the YU7 supports Wi-Fi 7, dual 5G, and Xiaomi's 'Human x Car x Home' IoT YU7 Max delivers 690PS, 508kW peak power, and a 0-100 km/h sprint in 3.23 seconds, powered by the HyperEngine V6s Plus. Its 800V silicon carbide platform supports a 5.2C charging rate, achieving a 10% to 80% charge in 12 minutes. The chassis, equipped with front double wishbone and rear five-link suspension, closed dual-chamber air springs, and Brembo four-piston calipers, ensures a 33.9 m braking distance from 100 km/ advertisementThe YU7 features an upgraded armor-cage steel-aluminum hybrid body with 2200 MPa ultra-high-strength steel, improving side-impact protection by up to 52.4%. A 1500 MPa crossbeam and bulletproof battery coating enhance underbody safety. The vehicle's torsional rigidity of 47,610 Nm/deg and 50+ C-NCAP/C-IASI crash test certifications ensure top-tier drivingAll YU7 variants include advanced driver assistance systems, powered by NVIDIA DRIVE AGX Thor, LiDAR, 4D millimeter-wave radar, and 11 high-definition cameras, offering precise obstacle detection and reliable performance in challenging to Auto Today Magazine

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