China's Xiaomi founder expects new electric SUV to hit market in July

BEIJING (Reuters) -Xiaomi's new electric SUV, the YU7, is expected to enter the market in July, founder and CEO Lei Jun said in a Weibo post on Thursday. Xiaomi will not disclose the official prices for the YU7, nor commence taking pre-orders for the new car at the pre-launch event, Lei said in the post.

Raccontata dafinance.yahoo.com