Xiaomi
Morgan Stanley says Xiaomi EV's disruptive force unfolding, explains impact on other EV startups
Xiaomi EV's impact on EV startup shares may be relatively minor at this point, as more meaningful volume upside still comes from internal combustion engine vehicle replacement, Morgan Stanley said.
Xiaomi says SU7 gets over 100,000 orders as deliveries begin
The SU7 has gained more than 100,000 firm orders in just a few days of its launch, with the number of locked-in orders already exceeding 40,000, Xiaomi's founder said at a ceremony marking the model's first delivery.
Xiaomi reportedly asks suppliers to boost capacity to match monthly production of 10,000 EVs
Under the original plan, Xiaomi EV production will grow to 4,000 to 5,000 units by April, and thereafter stabilize at 6,000 units by the end of the year, according to local media.
Xiaomi to hold SU7 delivery ceremony at its Beijing EV plant on Apr 3
Xiaomi EV's first delivery centers in 28 cities in China will also start delivering vehicles to customers tomorrow.
Xiaomi has reportedly secured 40,000 locked-in orders for SU7
Xiaomi EV, which originally had an April production plan of around 5,000 units, is negotiating with suppliers to increase production capacity, according to local media.
Xiaomi SU7 delivery wait times extended to up to almost 7 months
Customers ordering the Xiaomi SU7 will now have to wait about 3-7 months, with deliveries of the SU7 Max extended to mid-October.
Xiaomi says SU7 gets 88,898 firm orders in initial 24 hours after launch
Firm orders for the Xiaomi SU7 include refundable orders within 7 days as well as non-refundable orders with locked-in configurations, unlike what other EV makers are doing.
Xiaomi may release SUV model by year-end, report says
For an EV maker, pure electric sedans usually struggle to get high sales, with SUVs being the main support for sales and profits, an industry watcher said.
Xiaomi joins crowded EV space with launch of SU7, prices undercut Tesla
Xiaomi said the SU7 secured more than 50,000 firm orders within the first 27 minutes after it started accepting orders.
Xiaomi SU7 launch event: Live updates
The Xiaomi SU7 starts at RMB 215,900, and deliveries of customized vehicles will begin at the end of April.
