Xiaomi Wants to Sell 100,000 SU7 Units this 2024

Xiaomi’s SU7 EV has certainly become one of the most talked-about electric cars this year, as it represents a first for the company, which is more known for its smartphones and other consumer electronic products. With that being said, it looks like Xiaomi is intent on shipping a considerable amount of SU7 models within the year.

Speaking at a recent investor conference, Xiaomi CEO Lei Jun says that the company is targeting 100,000 deliveries of the SU7 for 2024, with more than 70,000 orders currently locked in. As such, delivery for the standard model and Max model will commence at the end of April; meanwhile, the company plans to start shipping out the Pro model by the end of May.

Xiaomi has poured a considerable amount of time and resources into its EV production, with a planned dedicated EV capable of annual capacity of 300,000 units. The company recently stated that the plant will be completed within two phases, in addition to annual production capacity of 150,000 units for Phase 1 and Phase 2. The first phase of the plant was completed in June 2023 last year.

The Xiaomi SU7 was launched back in March,  and starts at around $29,800 for the standard model.

Source: CNEVPost

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