Xiaomi to sell EVs globally ‘within the next few years’ after launching $73,000 premium car
The Xiaomi SU7 Extremely on show on the Xiaomi collect in Hangzhou, Zhejiang Province, China, Feb 27, 2025. Xiaomi’s first luxurious style, the SU7 Extremely, will probably be formally introduced at the night of February 27.
Cfoto | Generation Publishing | Getty Photographs
BARCELONA — Xiaomi plans to start out promoting its electrical cars outdoor of China “within the next few years,” corporate President William Lu stated on Sunday.
Lu made the announcement at Xiaomi’s product inauguration on the Cell Global Congress in Barcelona. Era there have been deny concrete timelines, his feedback underscore the Chinese language generation immense’s ambitions within the international EV marketplace to tackle gamers like Tesla.
“I cannot share too many details but I am so excited to tell our global users that Xiaomi will be releasing EVs for the sale in global markets within the next few years,” Lu stated.
This date, Xiaomi introduced its first top class EV in China referred to as the SU7 Extremely, which begins at 529,000 Chinese language yuan ($72,627). Lu stated the auto racked up 15,000 orders in 24 hours and will probably be on show on the corporate’s sales space at MWC.
It’s best Xiaomi’s 2nd electrical automotive nearest its pronouncing its foray into the EV department in 2021. The corporate’s first car, referred to as the SU7, was once introduced closing date in March. The corporate, which is best-known as a smartphone participant, best sells its EVs in China however it’s the global’s third-largest smartphone dealer.
Xiaomi’s SU7 has been a success, with the corporate handing over greater than 100,000 devices closing date.
Xiaomi’s EV growth, together with a healing in smartphone gross sales, has helped the corporate’s hold, which is indexed in Hong Kong, surge virtually 300% over the closing 365 days.
The Beijing-headquartered corporate is having a look to trip that current with a unutilized high-end telephone referred to as the Xiaomi 15 Extremely introduced on Sunday, which it hopes will problem Samsung on an international degree.