Investors are looking to the inflation print to test bets that a Federal Reserve rate cut could land sooner rather than later ...

In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this ...

Tesla faces new challenges in China as Xiaomi's new YU7 electric SUV intensifies competition for Elon Musk's automaker.

Tesla was once a market share leader in China. But Chinese car companies are introducing new EVs at a feverish pace.

Xiaomi's new luxury SUV EV, the YU7, has been revealed and will cost less that the Tesla Model Y in China, the vehicle that the company has identified as their main competition. Will this model kill ...

Xiaomi has unveiled its YU7 sport-utility vehicle, a potential rival to Tesla’s bestselling Model Y, amidst an escalating price war among Chinese electric vehicle manufacturers.

People look at a YU7 electric sport utility vehicle inside a Xiaomi shop in Guangzhou, South China's Guangdong Province on June 27, 2025. Photo: VCG. Shares of Chinese tech firm X ...

The company said that it received 200,000 pre-orders for the YU7 in just three minutes after bookings opened at 10pm on ...

Best known for its smartphones, Xiaomi is quickly carving out space in the EV market. After making a strong debut with its ...

Xiaomi's new YU7 EV, priced just under Tesla's Model Y, garnered over 200,000 orders in minutes, hitting 289,000 in an hour.

Exceptionally strong initial orders for Xiaomi's YU7 electric sport utility vehicle sent shares in the automotive newcomer to ...

Bets on a US interest-rate cut in September increased, with the odds rising to 93 per cent from 64 per cent a week ago.