- Xiaomi EV delivered 36,396 vehicles in August, marking the second consecutive month surpassing the 30,000-unit mark following July's 30,452 deliveries.
- The YU7 SUV delivered 16,548 units in August, accounting for 45.47 percent of Xiaomi EV's monthly deliveries.
Xiaomi EV saw record vehicle deliveries last month as the SU7 electric sedan maintained strong performance while the YU7 SUV (sport utility vehicle) saw a significant increase in production capacity.
The Xiaomi (HKG: 1810, OTCMKTS: XIACY) EV unit delivered 36,396 vehicles in August, marking the second consecutive month exceeding 30,000 units after July's 30,452 deliveries, according to data from the China Passenger Car Association (CPCA) compiled by CnEVPost.
Xiaomi EV said on September 1 that its August deliveries continued above 30,000 units without specifying the exact figure.
The SU7 -- Xiaomi EV's first model launched in late March 2024 -- delivered 19,848 units in August, marking a 51.38 percent year-on-year increase despite an 18.69 percent decline from July's 24,410 units.
The electric sedan accounted for 54.53 percent of Xiaomi EV's August deliveries.
From January to August, the Xiaomi SU7 delivered 199,950 units, contributing 88.96 percent of Xiaomi EV's total deliveries during the same period.
Xiaomi officially launched the SU7 electric sedan on March 28, 2024, positioning it as a competitor to Tesla's (NASDAQ: TSLA) Model 3.
The model currently offers three variants: Standard, Pro, and Max, priced starting at RMB 215,900 ($30,290), RMB 245,900, and RMB 299,900 respectively.
By the end of August, cumulative deliveries of the Xiaomi SU7 reached 339,421 units.
The Xiaomi YU7 SUV delivered 16,548 units in August, marking a 173.88 percent increase from July's 6,042 units.
The electric SUV contributed 45.47 percent to Xiaomi's monthly deliveries in August as its production capacity expands.
The YU7, Xiaomi's second model launched on June 26, is its first electric SUV and a direct competitor to the Tesla Model Y.
Xiaomi EV commenced YU7 deliveries on July 6.
The YU7's market launch triggered a surge in orders, placing Xiaomi EV under unprecedented factory capacity constraints.
Consumers currently reserving the YU7 face delivery wait times of up to 55 weeks, according to Xiaomi EV's mobile app.
Driven by the YU7's delivery surge, Xiaomi EV entered China's top 10 new energy vehicle (NEV) sales rankings for the first time.
In August, Xiaomi EV ranked 10th in China's NEV market -- which includes plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs) -- with a 3.3 percent market share, according to a ranking released yesterday by the China Passenger Car Association (CPCA).
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