Overview

• Speaking at Beijing’s National Convention Center, Lei Jun said Xiaomi bought three Model Ys earlier this year and disassembled them component by component.
• He described the Model Y as an outstanding vehicle and told shoppers who pass on Xiaomi’s YU7 to consider Tesla’s crossover.
• Lei said Tesla leads in areas such as energy consumption and Full Self-Driving, adding that Xiaomi learned extensively from the teardown work.
• He compared YU7 with Model Y on interior design and space, claimed the YU7 “does not lose,” and cited an 800V system with a stated 13‑minute charge to 80% versus 18 minutes for Model Y.
• China Passenger Car Association data show Tesla’s August sales in China slipped 4% year over year to 83,200 units, and Business Insider said neither company provided immediate comment.