Xiaomi Exceeds 500,000 Units Delivered as its EV Sales Climb
Xiaomi has delivered over half a million units of the SU7 electric sedan, a significant milestone for a company that has been producing cars for a little over two years. When Xiaomi first announced its intent to develop battery electric cars, it was known for its massive smart manufacturing and consumer electronics business. Apple was the only other consumer electronics firm that tried to produce electric cars but failed to deliver a single unit after a decade of R&D and $10 billion in investment. However, Xiaomi hit the ground running and delivered its first SU7 unit barely a month after announcing its expansion into battery-electric vehicles (BEVs) in March 2024. The company’s…