Xiaomi actions reach a record level after the lightning of the YU7 electric SUV-an alarm signal for Tesla and BYD car giants, informs Financial Times. The shares of the Chinese company Xiaomi, previously known for smartphones, exploded on Friday morning on the Hong Kong Stock Exchange, reaching a historic $ 61.45 HK (about 7.83 USD), after the manufacturer announced a spectacular debut on the car market. Xiaomi revealed that he received 200,000 pre -orders for his new Electric Yu7 SUV in just three minutes, and in the first hour their number exceeded 289,000 units. The shares initially increased by 8% at the opening of the scholarship, before stabilizing at an increase of 4.5%, signaling the confidence of investors in the new direction of the company. The YU7 model, positioned directly in the competition with Tesla Model Y, is sold at a price of 253,500 yui (about 35,370 USD), and marks a crucial moment in the fight for the domination of electric vehicles in China. Sales of electric cars and plug-in hybrids already exceed the volumes of those with classic engines, but the competitive pressure and the accelerated rhythm of innovation put a huge pressure on the budgets of the car producers. The analyst Jeff Chung from Citi warns that Tesla, who is only in fifth place in the electric vehicle sales in China, may have to react aggressively: to reduce prices, to eliminate taxes for its autonomous driving platform and to extend the interest -free credits from five to seven years. The company could also introduce new financial incentives for customers. Chung estimates that the monthly sales of the YU7 could reach between 60,000 and 80,000 units, a volume that could completely redesign the China car market. Through this lightning debut, Xiaomi sends a clear message: he is no longer just a player in the consumer technology area, but a redoubtable actor in the automotive industry, ready to shake the consecrated leaders of electrical mobility.
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