Xiaomi’s second electric vehicle, the YU7 SUV, is already attracting long queues at stores, online ordering frenzies, and a flood of early impressions from EV enthusiasts. While comparisons with Tesla’s Model Y are unavoidable,

Tesla Model Y is priced at 263,500 yuan in China, and with the recent launch of Xiaomi YU7, the American EV maker is likely to witness a dip in its market share.

Chinese smartphone and appliance maker Xiaomi launched its second model and orders started pouring in. The firm received 289,000 orders in one hour