Xiaomi SU7 Series Crosses 500K Deliveries After 28.5 Months on Market
Xiaomi’s SU7 series surpassed 500,000 deliveries in 28.5 months, becoming a key player in the electric vehicle market.
Latest in EV news, technologies, data and insights from China market
Xiaomi’s SU7 series surpassed 500,000 deliveries in 28.5 months, becoming a key player in the electric vehicle market.
July EV sedan sales in China showed a decline, with six of the top ten models dropping in performance, revealing market polarization trends.
Goldman Sachs forecasts Xiaomi EV will deliver 500K units in 2026, escalating to over 1M units by 2028, despite market challenges.
Tesla led China’s NEV resale market with a 56.7% brand residual value in July. Model 3, X and Y also topped three-year BEV rankings.
China’s auto market faced significant declines in July 2026, with notable growth from Leapmotor and continued overseas expansion efforts by several manufacturers.
Zhejiang Xinglixing increased its capital, adding Hanxing Venture Capital as shareholder, while Xiaomi strategically positions in battery swapping technology.
Xiaomi launched its SkyNomad vehicle lineup, showcasing innovation in interior space, extended-range technology, and safety features.
CXMT surged 471% on its STAR Market debut, becoming China’s largest A-share company by market capitalization at the open.
Xiaomi EV is expanding in Europe, hiring for aftersales roles and planning to enter the market in 2027, targeting premium vehicles.
Xiaomi Auto’s new sub-brand SkyNomad today officially announced the name of its first SUV model — the SkyNomad N90 —…