Xiaomi’s electric SUV tops China sales in January, sells twice as many as Tesla’s Model Y

By CNBC
February 12, 2026, 9:39 PM EST
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(CNBC): Xiaomi’s YU7 electric SUV outsold Tesla’s Model Y in China in January, marking a significant milestone for the Chinese smartphone company’s electric car venture.

Xiaomi made waves in China’s electric car market with its YU7 SUV outselling Tesla’s Model Y last month. The YU7, launched in summer 2025, surpassed Tesla’s sales figures, positioning Xiaomi as a strong competitor in the electric vehicle industry. Despite challenges, Xiaomi’s success in January signals a potential shift in the market dynamics.

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