- Xiaomi EV did not disclose specific figures. It delivered 361,625 vehicles from January to November.
- Xiaomi EV is offering a 3-year zero-interest financing plan for the YU7, marking the first time this incentive has been applied to the SUV.
Xiaomi EV surpassed 50,000 units delivered in December, marking its first time crossing this mark.
The electric vehicle (EV) unit of Xiaomi (HKG: 1810, OTCMKTS: XIACY) shared this information on Weibo today, again without specifying exact figures -- which are expected to be revealed later this month in the China Passenger Car Association (CPCA) report.
Xiaomi EV delivered 46,249 vehicles in November, marking a 99.73 percent year-on-year increase but a 4.94 percent month-on-month decline -- the first such drop since July, according to data compiled by CnEVPost.
From January to November, Xiaomi EV delivered 361,625 vehicles, bringing its cumulative deliveries to 501,096 units.
As of December 31, Xiaomi EV operates 477 retail stores across 138 Chinese cities. It maintains 264 service centers in 151 cities.
Xiaomi EV today launched a limited-time 3-year zero-interest financing plan for the YU7, its first such offer for this SUV (sport utility vehicle), available until the end of February.
Consumers purchasing the YU7 before February 28 can receive a purchase benefit worth RMB 48,000 ($6,860).
Launched on June 26, the YU7 is Xiaomi EV's first electric SUV and a competitor to Tesla's (NASDAQ: TSLA) Model Y. Deliveries began on July 6.
Beyond the YU7, Xiaomi EV also offers the SU7 series sedan.
The YU7 has delivered over 150,000 units in its first six months on the market, which is 2.3 times the volume of the SU7 during the same period, Xiaomi founder, chairman, and CEO Lei Jun said today on Weibo.
Local media outlet 36Kr reported on December 30 that Xiaomi EV will launch four models in 2026 and make its first entry into the extended-range electric vehicle (EREV) segment.
Its preliminary plan for next year is to roll out four new models: a facelifted SU7, an executive version of the SU7, an extended-range five-seat SUV, and an extended-range seven-seat SUV, according to the report.
($1 = RMB 6.9937)
