On May 27th, Xiaomi Group held a conference call for its first quarter 2025 performance, with Xiaomi Group President Lu Weibing and others in attendance. According to media reports, during a conference call, when asked if the Xiaomi YU7's standard laser radar would affect pricing strategy or profitability, Lu Weibing said that the Xiaomi YU7 has strong product strength and the price has not been finalized yet, so it is not convenient to discuss the price.
He believes that strong product competitiveness is the core, and profitability is the result, which cannot be pursued as a result. Strong product strength and profitability are not a problem. Lu Weibing said that since the release of SU7 so long, there is no match for SU7, not even one that can be played. Strong product strength ensures no competitors, and without competitors, profit margins can be guaranteed.
In addition, regarding the issue of whether the release of YU7 will affect the sales of SU7, Lu Weibing said that he is not worried at all about the impact on SU7 sales, or that price reductions and promotions are needed, because the production capacity of SU7 is seriously insufficient today, and the delivery cycle is still very long.
