CONNECT WITH US
EV & Mobility

EV & Mobility

Xiaomi's First EV Just Hit A Massive Milestone

InsideEVs logo

Published on

Add as a preferred source on Google
Xiaomi's First EV Just Hit A Massive Milestone

It seems like just yesterday that the Xiaomi name was unknown in the car world. The company was known as a consumer technology brand. But it was a full 28 months ago that the company dove headfirst into the auto industry. It suddenly introduced its first ever EV: the SU7.

And boy, was it a hit. Now, just over two years into producing cars, Xiaomi has sold more than 500,000 SU7s. The company's nascent electric car division is quickly turning into an automotive empire.

The automaker announced the delivery milestone on Monday after delivering 21,044 units of the SU7 in July alone (and more than 100,000 units since the beginning of 2026).

Xiaomi delivered its first SU7 in early April 2024. In the 28 months since then, it managed to deliver more than half a million examples of the electric sedan, refresh the SU7 with its next-gen tech, and launch new models and variants. That's a lot of work in just over two years, and its rapid iteration is one of the reasons that Xiaomi has been able to sell more than 760,000 vehicles across its model lineup, which includes the SU7, performance-oriented SU7 Ultra, and the more recently introduced YU7 SUV.

While China's equivalent to the Apple Car has been a hit, Xiaomi is currently hitting the same wall that just about every domestic automaker is facing on its home turf. Manufacturing overcapacity has turned the Chinese market into a cut-throat battle for dominance , which means that sales have slipped this year.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.