New Xiaomi YU7 Standard. Credit: Xiaomi Understand China EV’s Market Real-time notifications when critical EV data is released All important data in one place 2,000,000+ data points Become a member On the evening of May 21, 2026, during the “Human x Car x Home” full-ecosystem launch event, Xiaomi CEO Lei Jun officially unveiled the Xiaomi YU7 “True Standard Edition.” Priced at 233,500 yuan (34,300 USD), the new variant is positioned to once again challenge the sales dominance of the Tesla Model Y. Since the Xiaomi YU7 was launched, its sales in China have outpaced the Tesla Model Y for two months, though its total sales during this period still lag behind the Model Y. During this launch event, Lei Jun suggested this was because even the base model of the YU7 had such a long range that its price – only 10,000 yuan (1,450 USD) cheaper than the Model Y – wasn’t competitive enough. This newly released standard version of the YU7 has a range of 643 km, which is 50 km longer than the standard Model Y’s 593 km, yet it’s 30,000 yuan (4,350 USD) cheaper. The newly launched model is the lower-cost version previously hinted at in regulatory filings. With its arrival, Xiaomi has restructured the YU7 lineup: the new entry-level model takes the “Standard Edition” title, while the original standard version launched last year has been “upgraded” and rebranded as the “Long Range Edition.” Comparision between the new Xiaomi YU7 Standard and Model Y RWD. According to filing information from the Ministry of Industry and Information Technology (MIIT), the new YU7 variant maintains its mid-to-large SUV proportions, measuring 4999mm in length, 1996mm in width, and between 1600mm and 1608mm in height, with a wheelbase of 3000mm. In terms of performance, the “True Standard Edition” features a rear-wheel-drive single-motor layout with a maximum power output of 235kW (315hp). The vehicle is equipped with a lithium iron phosphate (LFP) battery supplied by CATL. This new entry-level variant has a curb weight of 2200kg, which is 115kg lighter than the previous standard version’s 2315kg. The update also brings more personalisation options to the lineup, including newly designed 20-inch “rice-shaped” and “plum blossom” wheels. The Xiaomi YU7 has been a major market disruptor since its initial debut on June 18, 2025. At that time, the SUV was priced between 253,500 yuan (37,300 USD) and 329,900 yuan (48,500 USD). The model experienced explosive growth at launch, securing over 200,000 firm orders within the first three minutes and reaching more than 240,000 locked orders within 18 hours. Xiaomi YU7 sales performance. Within the first few days of its launch, the Xiaomi YU7 racked up a massive number of orders, leaving buyers with a wait of nearly a year. Now that the initial backlog has mostly been cleared, sales of the YU7 have started to slide, last month, fewer than ten thousand units were sold.