The Chinese tech giantXiaomiis making incredible progress in the electric vehicle market. According to official numbers, the company's first EV, theSU7sedan, was delivered to over150,000 customerslast year. This is a huge achievement for the company, which underscores Xiaomi's fast-growing presence in the automotive industry.
The achievement comes thanks to avery strong Dec, where Xiaomi delivered over 25,000 SU7s, setting the stage for an ambitious2025 target of 300,000vehicle deliveries. TheSU7was only launched inMar 2024, but it's enjoyingstrong demandby consumers and Xiaomi isvery quick to ramp up production.
Available in Standard, Pro, and Max versions, the SU7 offers something to buyers on every budget. Prices start at RMB 215,900 for the Standard, RMB 245,900 for the Pro, and RMB 299,900 for the Max. The 20 weeks waiting times clearly reflect the SU7'spopularity.
Xiaomi's founder, Lei Jun, showed off the SU7'sautonomous parkingcapabilities in a live call, and revealed the impressive delivery figures. He also introduced a special edition SU7 with a strikingredexterior, commemorating Xiaomi's15th anniversary. This version will begin deliveries inMar.
Xiaomi plans to expand its EV lineup with a performance variant of the SU7 sedan and an SUV model. The RMB 814,900 SU7 Ultra will launch inMar 2025, and will target the premium segment of the EV market. TheSUVmodel calledYU7, will launch inJun or Jul 2025, expanding Xiaomi's EV offerings.
Xiaomi's rapid progress in the EV market is truly something. The company'sambitious goalsfor 2025 suggest that it isready to become a major playerin the industry. With itsstrong track recordso far, Xiaomi seems to be well-positioned to capitalize on the growing demand for electric cars.
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