On June 27th, Xiaomi's inaugural SUV, the YU7, witnessed unprecedented sales momentum following its launch, garnering over 289,000 confirmed orders within just one hour. This robust demand also propelled Xiaomi's share price to an all-time high. Esteemed analysts from leading investment banks such as Goldman Sachs, Bloomberg Industry Research, and Jefferies have voiced their optimism regarding the YU7's market prospects. They believe that the YU7 is poised to solidify Xiaomi's foothold in China's premium automotive segment and potentially divert consumer interest away from competitors like Tesla and NIO.