Xiaomi has launched the SU7 in China, aiming to sell 100,000 units of this electric vehicle in 2024, even though the company had only one factory for its first EV at that time.
Quick Success
According to recent reports, the company accomplished this target in just 275 days, reaching the goal by November 13, 2024.
As of now, the total number of Xiaomi SU7 orders is around 130,000, with a notable 16,328 of those placed in December 2024 alone, based on information from China EV's DataTracker.
Future Projections
Xiaomi's CEO, Lei Jun, has expressed confidence that the SU7 (which comes in standard, Pro, and Max versions) could potentially increase sales to at least 300,000 by the end of 2025. This estimate is considered conservative, especially given the current trends in the Chinese automobile market, as noted by reputable electronics industry insider Digital Chat Station.
Additionally, the company could enhance its reputation as a newcomer in the EV sector with the upcoming YU7 SUV, along with the premium Ultra version of the SU7.
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