Xiaomi YU7 GT with Track Package: The Nordschleife in 7:22.755 minutes!
Posted by Status_Commission264@reddit | cars | View on Reddit | 97 comments
Posted by Status_Commission264@reddit | cars | View on Reddit | 97 comments
hi_im_bored13@reddit
Also, $57k, $63k fully equipped, with carbon ceramics & carbon wheel set, everything else comparable is like six figures minimum
SnikySquirrel@reddit
To be fair, that’s in China where incomes are lower. It will be much more expensive when it launches in Europe. Still an impressive car though.
Automatic-Eagle-1953@reddit
Wages are such a tiny part of a cars price. Yes they’re paid less but they aren’t paid that much less.
Simon676@reddit
Chinese cars are typically double when they get to the west.
Mnm0602@reddit
It’s less wages than RMB manipulation. Domestically the currency goes much further than internationally, on purpose so they can export for cheap.
cookingboy@reddit
> Domestically the currency goes much further than internationally
Bro that’s just different countries having cost of living differences. Stuff in Tokyo cost 1/3 as much as here in Seattle but do you call that Yen manipulation by the Japanese government? And that’s a G7 country.
Cost of living in places like the Philippines and Mexico would make China seem super expensive.
There is no “international standard cost of living”.
221missile@reddit
Yes.
cookingboy@reddit
Wow. I guess economics really isn’t taught as a subject in public schools anymore.
A dollar goes much further in Nebraska than it does in California. Damn the Nebraska state government for manipulating the U.S dollars!!!
221missile@reddit
Purchasing power has nothing to do with currency manipulation. You're really confused on the matter. Export oriented countries like China, Japan and Germany artificially lower the value of their currencies in order to make their products more competitive abroad. That's why these countries are considered currency manipulators by the US Department of treasury.
hi_im_bored13@reddit
The other thing is us American's could take full advantage of foreign manufacturing costs & stick to the margin work of designing & engineering the thing but we actively choose not to as a country
& if you're for or against that its one thing but you cant stick your head in the sand when others do choose to take advantage of it, Even within US companies we can look at the Chinese & Canadian pricing for the Model 3
Pixelplanet5@reddit
yes they are paid that much less.
I work at a company with many production sites all over the world, someone in the same position i used to have in Germany but working Shanghai will earn at most 1/10th if they are lucky.
And thats already too expensive for the performance we see in the region which is why everything is moving towards India now where we can pay 1/20th for the same job.
Daddy_Macron@reddit
Either the German staff are extremely well compensated or you're getting the numbers wrong. Chinese manufacturing salaries aren't really cheap these days. They're more expensive than most of Southeast Asia and even Mexico these days.
No_Cherry_1423@reddit
He is referring to that the cost of everything is substantially lower there, the pricing isn’t going to be a simple RMB:Euro or RMB:USD conversion.
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bwrca@reddit
If you wanna focus on labour they probably pay less mostly because of automation.
Der_Apfeldieb@reddit
The current top spec YU7 Max is 67,5k€ in Germany. https://auto-china.com/de/xiaomi-yu7/config
The 1000hp/300kmh GT is "only" 7500€ more. Including Carbon-ceramik brakes ect. this is crazy.
RevvCats@reddit
Which coverts to 87k usd, 24k more than the top comment claimed but that’s still a ton of performance for a sub 100k car.
Generationhodl@reddit
Without tax. Go configure the gt and try to pay, you will see it's over 100k I think
toocoolforgg@reddit
You’d be shocked to learn that China has tens of thousands of millionaire (USD) corporate upper management and small business owners.
AmNoSuperSand52@reddit
They have a billion people, that’s not shocking at all
toocoolforgg@reddit
That’s my point, Xiaomi isn’t cheap just because people can’t afford it.
SnikySquirrel@reddit
Color me shocked 🙄
Revolutionary-Gap494@reddit
Will it be cheaper if you import one?
AnonymousEngineer_@reddit
The replacement cost of the carbon ceramics and carbon wheels are probably worth half of the car, if current market prices for these things are anything to go by.
Sure it doesn't help that they're usually only found on high end German performance cars and Italian supercars, but the replacement cost of carbon ceramic brakes on something like a 911 or an R8 are known to run in the tens of thousands of dollars.
A set of wheels from Carbon Revolution, who supply a lot of these to the high end manufacturers, costs over $10,000, too.
https://www.carbonrev.com/news/the-future-of-carbon-fiber-rims/
FledglingNonCon@reddit
On an EV though they will almost never need to be replaced unless you are running laps like this daily. Regen handles 99% of all energy dissipation on any well tuned EV under normal conditions. I have to intentionally slam on my brakes once or twice a month to take the surface rust off my rotors that are almost never used in my EV6.
uberdosage@reddit
I guarantee you they they wont cost that much in China. Porsche and audi also have insane markup on all their parts. Just looks at direct prices versus fc euro or something
hardinho@reddit
For my European friends, if you want to get this on a deal aim for 6 month old imports from China as they don't get tariffed. Used car prices in China are low.
Treebear_Hunter@reddit
The only thing comparable is the FUV, but Ferrari doesnt have the balls to do a lap.
ThePhenex@reddit
63k in china or in what market? The chinese market prices are not conparable to europe / us because of import, taxes and tariffs.
JellyOkarin@reddit
Quite like how the yanks love to talk about how corvette is a bargain when the us prices is not comparable to the rest of the world
hi_im_bored13@reddit
In china yes, but if even if you outright double that its still impressive, but
while there is some valid research into compensation for market conditions from the EU, the american 100% tariff is completely arbitrary, I'm not going to hold that against Xiaomi
V8-Turbo-Hybrid@reddit
Highly sure China also tax imported cars from America and Europe.
hi_im_bored13@reddit
Right, which is why if I'm talking about the technical merits per value of the Z06 I'd use American pricing & not pricing from India or something
mduell@reddit
Also, subsidies.
fastberryy@reddit
It’s not like Europe and the US don’t subsidize EV either, as if you’re implying…
Brenicememinge02@reddit
Exactly.
Working_Elephant5344@reddit
But what would the price be if Xiaomi had to compete fairly with Western automakers? If they had to do all their own R&D and didn’t get massive government subsidies, this car would probably cost six figures.
Murky_Meaning2129@reddit
This is cope. Western EVs are in China so they competed fairly. Xiaomi R&D makes Big 3 + Tesla R&D look like a joke.
Are you also just conveniently ignoring the hundreds of billions that the US spent to bail out American automakers, subsidies given to oil companies, and even the $7500 rebate program?
Peak delusion
AnonymousEngineer_@reddit
That's not actually true, because Chinese Government policies and support have allowed their manufacturers to essentially create a massively subsidised, completely vertically integrated supply chain from the batteries all the way to the finished product.
Manufacturers like BYD are basically an automotive version of a chaebol like Samsung or the old Japanese Zaibatsu, except that they're controlled by the State rather than a family.
Fausterion18@reddit
European commission's own research showed total EV subsidies as a percentage was higher in US and EU than China.
This is pure cope. If vertical integration resulted in cheaper cars automakers would still be doing it.
AnonymousEngineer_@reddit
Again, does this include the entire battery supply chain, inclusive of rare earth element extraction?
It's not just the manufacturers designing and manufacturing the cars that are being subsidised, it's the entire supply chain.
Fausterion18@reddit
Again? This is the first time you raised this argument, and yes it does.
In fact if we include the entire battery chain US subsidies are wildly higher than everyone else.
You think we don't subsidize batteries and chips and rare earth mining in the US? 🤣
Again, Tesla is more vertically integrated than Xiaomi, who operates like a standard automaker such as Toyota, relying on third parties for batteries and most car parts. Hyundai/Kia are also just as vertically integrated as BYD.
Not to mention foreign brands such as Tesla in China benefits from all those supposed subsides same as any Chinese car maker.
Automatic-Eagle-1953@reddit
Yeah the US definitely doesn’t do subsidies…please ignore the $7500 credit
the_fools_brood@reddit
China is leaps and bounds ahead of every one else as far as electric cars. Byd and xiaomi have produced amazing vehicles for years, and now are getting the recognition from every one else. U.s and euro manufacturers should be really scared
lordtema@reddit
According to Reddit sure, but in real life not so much. They still have ways to go in terms of efficiency for example, most of their cars are thirsty compared to the best German ones.
They are not bad and produce good cars by all means but they are getting hyped way too much because they are unobtainable in the US and thus gets heralded as something they are generally not.
Tesla Bjørn has tested a whole bunch of them, and they generally do not have amazing range, and their charging curves are often lacking a bit as well. Some are good value for the money, others not, so a bit like western cars.
FledglingNonCon@reddit
I do think the CLTC testing regime does them a lot of favors. We always see china prices and china range in coverage. CLTC gives about a 50% ramge boost vs reality and China prices aren't comparable. I'm hoping once more of these cars make it to Canada and Europe we'll get some more objective and comparable testing. They are definitely ahead, but probably not as far ahead as you might think based on the hype. Where they do seem legitimately far ahead though is on software. Western OEMs are still absolute dogshit at software.
lordtema@reddit
I recommend you check out Tesla Bjørn on Youtube! He is a Norwegian-Thai EV tester and has tested a shitton of both Chinese and other EVs. Chinese EVs in Norway are a mixed bag, some are good, some are shit, and most are at a price parity with their competitors. Some cheap cars but most of them are perhaps more classified as decent value but not amazingingly so.
Daddy_Macron@reddit
That's been a feature of Chinese EV's because battery costs are significantly lower than the rest of the world. It's often cheaper just to buy more battery capacity than re-engineer the car for more efficiency.
SilverSpoonphysics@reddit
No they aren't lol. I don't know where this Comes from. They lied about the range by over 100+ miles on all of there production vehicles. They also don't charge even close to as quick as they say.
HeyyyyListennnnnn@reddit
They also aren't as high quality as online reviews claim. Xiaomi in particular is in trouble for their build quality, reflected in SU7 sales figures dwindling to almost nothing within a year of launch. Headline numbers gave them an early boost, but sustained sales have been difficult for them.
Fausterion18@reddit
What a ridiculous argument. You're saying that sales of the top end trim being low and the bottom trims being high means somehow... Quality is worse?
No, it's just most people don't see value in a 1500 horsepower SUV in China where there is nowhere to use this power.
HeyyyyListennnnnn@reddit
No, I'm saying that bottom end trims needing additional incentives to counter quality problems to maintain sales is a problem. Zero sales at the high end and small margins at the low end is a big problem.
Fausterion18@reddit
What incentives are those? Proof it has quality problems compared to similar priced vehicles?
Let me repeat myself again, the market for 1500 horsepower SUVs in China can be counted on one hand. If you're going to make this claim, prove the normal higher end trims are not selling.
Treebear_Hunter@reddit
Ultra sold more in one year than GTR34 sold during its entire 4 year run. CDM culture is at its infancy, R34 was at JDM's peak.
threeinacorner@reddit
They don't lie. They just use a different standard. Yes, the standard is more lenient, but then WLTP also produces higher range estimates than EPA. Does that mean the Europeans are lying?
Come on. This is basic stuff.
lordtema@reddit
I mean, there is a difference between producing somewhat higher range estimates and estimates that are just another town over. The Chinese numbers are not anywhere close to being ever obtainable in the real world, while both WLTP and EPA can be obtained (albeit not always)
threeinacorner@reddit
It's more obtainable in China, because it reflects their driving conditions more. Lower top speed, more idling, bigger share of low-speed driving.
cookingboy@reddit
> I don’t know where this comes from
It literally comes from the mouth of executives of EU and U.S. auto companies.
Automatic-Eagle-1953@reddit
So I guess the videos of Americans and Europeans testing them are just fake
V8-Turbo-Hybrid@reddit
Highly sure you going to get many downvotes on it... Yes, I agree Chinese automakers been overestimate. It isn't just about battery range, their car and system quality as well.
I do agree Chinese automakers leading in affordable car market, but that never mean perfect.
Aunvilgod@reddit
im surprised no electric car manufacturer has just taken out most of the battery to save weight and get the record.
Treebear_Hunter@reddit
No point. And the only point of doing this record is to show how good the production car is.
WildberrySelect_224@reddit
It's all about making the headline. If they cared about showing real performance of the car you get from factory, they wouldn't cheat by stripping interiors down to a single seat and a dashboard. And these are just the mods that can't be hidden from camera...
snoo-boop@reddit
Smaller batteries means less peak power, so there's a trade-off involved.
costafilh0@reddit
Not even sub 7? 💩
Hot-Philosophy4622@reddit
es enserio?
zarif2003@reddit
Cheaper then a bmw iX or Porsche Macan EV by a big amount.
oOoWTFMATE@reddit
Not really cheaper for American buyers.
virak_john@reddit
What’s your point?
oOoWTFMATE@reddit
That the car isn’t even available to most of the people on this forum.
virak_john@reddit
And that’s relevant to the discussion how?
oOoWTFMATE@reddit
It isn’t cheaper if you cant buy it here. There’s no official US pricing so how can you even price compare?
virak_john@reddit
Have you noticed that non-American car markets exist?
localtuned@reddit
Is it cheaper than an m3 in China?
GasManMatt123@reddit
Has no one has ever told you that it’s not all about you? Like, the world is bigger than just you.
threeinacorner@reddit
Impressive achievement aside, a big SUV going around the Nurburgring isn't that interesting for me personally.
So let's talk about how it looks. You know, for a "Purosangue clone", they did a really good job with the GT version. I actually really like it. Interestingly this is also the first production car with a panoramic HUD, kind of like the one in new BMWs.
pinezatos@reddit
Isn't ironic that it came before the purosangue? I think it is a bit xD
hi_im_bored13@reddit
The purosangue predated the yu7 by 3yrs no?
zdy132@reddit
3 years is like only one generation in car timeline. Only one generation newer, at 1/10th the price, is a pretty big deal if you ask me.
pinezatos@reddit
Oh damn, you are absolutely right, I will my comment as is for posterity's sake, thank you for correcting me
V8-Turbo-Hybrid@reddit
Taycan with Manthey package just his over 7min in Nordschleife in early this mouth. I think it's time for they doing in Macan this case.
Der_Apfeldieb@reddit
Sure there will be some Cayenne Turbo GT4 Manthey for what? 3x the price?
Repulsive-Play6547@reddit
that's a wild lap time. xiaomi really came out swinging with this one, didn't expect them to be pulling numbers like that out of a street car
avehicled@reddit
$63,000 USD btw.
LongjumpingLock5875@reddit
For the people of China, this would be the equivalent of someone buying a $200k USD car.
It is about RMB 389,900, which is about $54,100 USD.
Seems very reasonable.
The issue is, the average national gross salary is around 124000 RMB.
So it would take over 3 years of saving without any other expenses, taxes, fees, etc to afford it in China.
To people in China, spending that amount on a car is similar to someone in the US spending about $200k on a car.
Fausterion18@reddit
So by your ridiculous argument Toyotas actually cost twice as much as Fords except for Mexican built ones where a bronco now costs the equivalent of $300k USD.
cookingboy@reddit
Except that’s not exactly the case. People in China spend much less on other things such as food, education and healthcare so spending more on a car is an ok trade off.
Also all those national average data is meaningless in China. Income varies way too much between cities and rural areas. Cars like this aren’t made for the “average Chinese”, they are made for the upper middle class living in Shanghai, Beijing, Shenzhen, etc.
But at the end of the day it’s still just an upper middle class car in China (and upper middle class Americans don’t buy $200k cars). The upper class people don’t buy Xiaomi.
Spiritogre@reddit
That doesn't mean much. Your 50 Dollar t-shirt also only costs 2 Dollars in China.
AnonymousEngineer_@reddit
Just for context and comparison, does anyone know if any of the big German or Italian super-SUVs have ever been sent around there on a timed lap?
I'm actually a bit curious how fast something like a Cayenne Turbo GT would get around, let alone a Purosangue.
Rodic87@reddit
Ferrari won't allow I bet.
PEEWUN@reddit
Not without extensive prep time, that is.
Rodic87@reddit
and obviously, a TOTALLY stock engine same as they deliver to dealers.
strongmanass@reddit
It's the fastest SUV around the Nurburgring, beating the RSQ8 and the Cayenne Turbo GT before that. I expect Porsche will send the Cayenne EV around to challenge the time.
Status_Commission264@reddit (OP)
SUVs, off-road vehicles, vans, pick-ups
techkernels@reddit
tuff
Shmokesshweed@reddit
Ha, the dev manager I had lunch with today visiting from China has the regular one. He said he loves it. We're so cooked.