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Luxury EVs Surge: Yangwang U7, Dacora, Xiaomi SU7 Ultra

6/12/2025

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Summary

Story summary

Yangwang's U7 sedan debuted on March 27, priced at RMB 628,000 ($87,370), with a modest rise in sales to 139 units in May. In a groundbreaking move, Dacora Motors introduced its all-electric luxury vehicle, starting at $500,000. Meanwhile, Xiaomi's SU7 Ultra shattered records at Nürburgring, proving its high-performance prowess.

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Story summary

Yangwang's U7 sedan debuted on March 27, priced at RMB 628,000 ($87,370), with a modest rise in sales to 139 units in May. In a groundbreaking move, Dacora Motors introduced its all-electric luxury vehicle, starting at $500,000. Meanwhile, Xiaomi's SU7 Ultra shattered records at Nürburgring, proving its high-performance prowess.