Xiaomi CEO Praises Tesla Model Y, Buys Three for Study
Xiaomi's CEO, Lei Jun, has publicly endorsed the Tesla Model Y, comparing it favourably to his own company's electric SUV, the YU7. This comes after Xiaomi bought three Model Ys to study and improve their own electric vehicles.
Xiaomi's interest in the Model Y is understandable, given its impressive charging speed. The YU7 takes 13 minutes to charge to 80% using DC fast charging, while the Tesla stock takes 18 minutes. This slight difference highlights the Tesla stock's efficiency.
In a surprising move, Lei Jun recommended the Tesla stock after the YU7 received overwhelming demand. This praise from a competitor is a testament to Tesla's innovation. Xiaomi's employees took the study a step further, disassembling the Tesla stocks to examine each component in detail.
Xiaomi's purchase and study of the Tesla stock demonstrates their commitment to improving their own electric vehicles. While the YU7 offers competitive charging speeds, the Tesla stock's efficiency and industry-leading solutions have clearly impressed Xiaomi's CEO and team.
Read also:
- Predictive modeling introduced in DP World's automotive supply chain operations
- Suzuki Motor Kicks Off Major Expansion in India, Aiming to Double Production by 2030
- Toyota strikes a deal in Shanghai for a solely owned Lexus electric vehicle production plant.
- Agricultural event Fieldays will showcase the T9 Hunter PHEV ute from the automaker JAC.