January tested the resilience of China’s auto market, exposing fault lines for some brands while spotlighting the rare breakout success. Many domestic manufacturers reported sales declines, with BYD among the most notable names to feel the squeeze. Yet even in a cooling climate, certain models found remarkable momentum. None more so than the Xiaomi YU7.

The all electric SUV, positioned as a rival to the Tesla Model Y and styled with more than a passing resemblance to the Ferrari Purosangue, was the best-selling new vehicle in China last month.

Read: This Ferrari SUV Lookalike From China Makes More Power Than The Real One

According to figures shared by Autohome, it moved 37,869 units, comfortably ahead of the Geely Boyue L in second place with 34,176 sales. The Geely Geome Xingyuan followed with 29,007, while the Aito M7 secured fourth with 26,454 units.

The presence of two Geely models in the top 5 best-sellers reflects a strong month for the group, with sales up 1 percent year-on-year to more than 270,000 units. The M7 from Aito, backed by Huawei and Seres, also surged in popularity, as did other models from the brand, helping it deliver more than 40,000 vehicles, a surge of over 80 percent from January 2025.

Sales of the YU7 in China have remained strong in recent months. December saw 39,089 units sold, making it the third best selling new car in China at the time. That figure represented a clear rise from November’s 33,729 and October’s 33,662.

It has also moved decisively ahead of the Tesla Model Y, selling more than twice as many units. The Model Y ranked only 20th last month, with 16,845 sales, a result that would have seemed unlikely not long ago. In fact, it was China’s best-selling model in December.

Familiar Names Climb The Charts

Perhaps the biggest surprises came from Volkswagen. It ranked fifth in China’s top 20 best-selling cars last month, led by the Sagitar with 25,316 units sold. VW also sold 23,481 Lavidas, 21,330 Tiguan Ls, 20,799 Passats, and 19,306 Magotans. In addition, the Nissan Slyphy sold 24,209 units, indicating that not all hope is lost for legacy carmakers in the country.

Things weren’t so rosy for BYD. It sold 205,518 vehicles in China last month across its brands, a significant decline from the 300,538 in January 2025. Only one of its models entered the top 20, the Fang Cheng Bao Ti7, which ranked 18th with 17,116 units sold.

China New Car Retail Sales January 2026

Sources: Autohome, Carnewschina

Xiaomi isn’t content with making an SUV that looks almost as good as Ferrari’s. The Chinese tech giant’s high performance YU7 GT has surfaced in official Chinese filings, and if the numbers are right, this thing has enough power to make some V12 Purosangue owners sweat into their designer driving gloves.

Related: A Xiaomi EV Was Spotted In America, And A US Maker Might Be Behind It

The regular YU7 is already turning heads by mixing sleek looks with serious EV grunt. Now Xiaomi has cranked the dial way past sensible. The GT version gets a dual-motor setup pushing a combined 738 kW, which works out to about 990 hp (1,004 PS). Its combustion Ferrari lookalike makes do with 715 hp (725 PS / 733 kW).

Okay, so that’s not quite as crazy as the 1,526 hp (1,547 PS / 1,138 kW) punched out by the hottest version of the YU7’s sedan brother, the SU7 Ultra, but we doubt anyone who buys one will feel it lacking in go.

Spec papers logged with Chinas’ Ministry of Industry, Information and Technology (MIIT) list the top speed as 186 mph (300 kmh) and we’d put money on that being artificially limited. The battery is a lithium pack from CATL but electric range details are still under wraps.

Subtle Menace

Visually, the GT dials up the drama with, chunkier bumpers with angrier air intakes and a large rear diffuser. Red brake calipers peek out from behind 21 inch wheels, and there are matching red GT badges on the rail and doors to make sure nobody mistakes this for the sensible family version.

The regular YU7 lineup already stretches from single-motor, rear-drive models with around 315 hp (320 PS / 235 kW)  up to dual-motor versions with as much as 681 hp (691 PS / 508 kW). Those cars helped Xiaomi rack up huge sales in China and even outranked the Tesla Model Y on home turf.

Priced to Shame Porsche

The YU7 GT sits higher, both in performance and, most likely, price. Early chatter from China point to a range between 450,000 and 500,000 yuan, or roughly $60,000 to $70,000. Porsche’s new Cayenne Turbo Electric makes significantly more power, with 1,139 hp (1,155 PS / 850 kW), but it starts at $163,000 in the U.S. and is expected to cost at least twice as much as the Xiaomi in China. No surprise, then, that Porsche is struggling.

Baldauf