Key Takeaways
1. Xiaomi achieved 200,000 electric sedan deliveries, marking a successful entry into a new market.
2. The company celebrated its 15th anniversary by introducing a special red color for its milestone SU7 delivery.
3. Xiaomi’s local demand is strong, with over 135,000 deliveries and more than 20,000 units shipped monthly for the past five months.
4. Customers are experiencing wait times over 30 weeks for their orders, as the company relies solely on local demand without exporting vehicles.
5. The SU7 is available in three versions (Standard, Pro, Max) ranging from $29,840 to $41,422, with the SU7 Ultra starting at $73,190.
It’s rare for a company to hit it big right out of the gate with its first product in a new market. Yet, Xiaomi, which was mainly known for its smartphones until last year, is now celebrating the remarkable delivery of its 200,000th electric sedan.
Special Color Celebration
Images shared by Xiaomi on Weibo show a young couple receiving their milestone SU7 in a unique red shade. This color option was introduced to mark the company’s 15th anniversary. The announcement also highlighted that it took 229 days to achieve the first 100,000 deliveries, but the second 100,000 was reached in just 119 days.
Impressive Local Demand
By the end of 2024, Xiaomi reported over 135,000 deliveries, having accumulated nearly a quarter of a million orders. For the past five months, they’ve been shipping out more than 20,000 units every month.
It’s noteworthy that Xiaomi reached this success without exporting any vehicles and is relying solely on local demand. The interest for this initial model is so strong that customers are facing wait times exceeding 30 weeks for their orders. Nevertheless, the company has plans to venture into international markets by 2027.
Pricing and Versions
Xiaomi provides the SU7 in three different versions: Standard, Pro, and Max, with prices set at $29,840, $33,964, and $41,422, respectively. Additionally, they offer the SU7 Ultra, which boasts more horsepower, starting at a higher price point of $73,190.
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