The electric vehicle industry continues to evolve rapidly, and any major auto show is bound to spark lively discussions. Recent news from Xiaomi $1810.HK has attracted the attention of industry specialists: at the upcoming Shanghai Auto Show, the company has decided not to unveil its new electric SUV, the YU7. This development has tempered the expectations of many analysts and auto enthusiasts who were eager to see a potential rival to Tesla’s $TSLA Model Y.