Xiaomi closed 2024 with more than 135,000 SU7 deliveries, surpassing its target of 130,000 units, showcasing remarkable growth in its new EV venture.
CEO Lei Jun stated the ambitious 2025 target is 300,000 units, depending on the completion of their second production plant phase by June.
Xiaomi broke a Tesla record by producing its 100,000th SU7 in just 230 days, a significant milestone compared to Tesla's Model 3 timeline of 464 days.
Despite impressive delivery numbers, Xiaomi faces stiff competition from established Chinese EV manufacturers like BYD, Nio, and XPeng, indicating a challenging market ahead.
Collection
[
|
...
]