Xiaomi (HKG: 1810, OTCMKTS: XIACY) has filed a single-motor version of its first SUV (sport utility vehicle) model, the YU7, after filing for a dual-motor version last month.
China's Ministry of Industry and Information Technology (MIIT) today released its latest catalog of models that will be allowed to be sold for public comment, and the Xiaomi YU7 is included.
The public can submit their feedback between January 11-17. Entry into the catalog is the last major regulatory process by which a model can be allowed to be sold in China.
There is only one page for the YU7 in the latest catalog, with the product model number XMA6500LBEVR3 and the production address being Xiaomi's factory in the Yizhuang Economic and Technological Development Zone in Beijing.
It is powered by a single motor with a peak power of 235 kW.
The YU7 has a length, width and height of 4,999 mm, 1,996 mm and 1,608 mm, and a wheelbase of 3,000, the same information as last month's filing for the dual-motor variant.
It weighs 2,315 kg and supports a top speed of 240 km/h.
The single-motor variant is powered by lithium iron phosphate (LFP) batteries supplied by FinDreams Battery, the battery manufacturing arm of BYD (HKG: 1211, OTCMKTS: BYDDY).
In a filing catalog published on December 9, Xiaomi filed for a dual-motor version for the YU7 with front and rear motors peaking at 220 kW and 288 kW, respectively.
The dual-motor version is powered by Li-ion ternary batteries from CATL.
Xiaomi's first model, the SU7 motor sedan, also uses batteries from CATL and BYD.
Xiaomi said on December 9 that the YU7's launch was expected to be in June or July.
The Xiaomi YU7 will be one of several local competitors to Tesla's (NASDAQ: TSLA) facelifted Model Y.
Tesla today launched the facelifted five-seat Model Y in China and began offering two variants it calls the “Launch Series,” with deliveries expected to begin in March.
A WeChat post by Tesla was titled “Updated Model Y, (you can) compare anyway,” suggesting that other models won't be able to match up to the crossover.
Xiaomi founder, chairman and CEO Lei Jun later shared a screenshot of a portion of the post on Weibo, writing “OK.”
Lei didn't comment further, but he's clearly hinting that Xiaomi's YU7 is more competitive in the face of the Model Y update.
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