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Xiaomi to launch SU7 Ultra production edition in Q1 2025, says CEO
The production version of the SU7 Ultra, the most capable variant of Xiaomi's SU7, will be launched in the first quarter of 2025, Xiaomi CEO Lei Jun said.
Xiaomi formally sets 2024 car delivery target of 120,000, reveals EV business financial performance for 1st time
In the second quarter of 2024, Xiaomi's innovative businesses, including smart EVs, generated total revenue of RMB 6.4 billion ($900 million), with a gross margin of 15.4 percent.
Xiaomi starts construction of Beijing EV plant phase 2
Construction of the second phase of Xiaomi's EV factory began on July 26 within 24 hours of a land deal.
Xiaomi EV says SU7 deliveries exceed 10,000 units again in Jul
Xiaomi SU7 deliveries exceeded 10,000 units in July and will continue to exceed the mark in August, Xiaomi EV said, adding that it expects to meet its full-year 100,000-unit delivery target ahead of schedule in November.
Xiaomi EV completes capacity ramp-up, expects to reach 100,000 delivery target by early Nov
Capacity ramp-up at the Xiaomi EV plant has now been completed and the full-year delivery target of 100,000 units is expected to be completed by early November, Xiaomi's CEO said.
Xiaomi secures new land parcel in Beijing, possibly for EV plant phase 2
The current Xiaomi EV factory is a phase 1 project with an annual capacity of 150,000 units, and the second phase is also planned to have an annual capacity of 150,000 units.
Xiaomi to launch production version of SU7 Ultra in H1 2025
The production version of the Xiaomi SU7 Ultra will go on sale in the first half of next year, and will use the same chassis structure, triple motors and battery pack as the prototype.
'Crisis event' made Xiaomi decide to join car-making bandwagon, says CEO
Xiaomi CEO Lei Jun didn't mention what the crisis event was, and he is expected to elaborate in a presentation this Friday.
Xiaomi gets car-making qualification, regulatory filing shows
Xiaomi has re-filed for the SU7, with the manufacturer becoming Xiaomi itself instead of the previous BAIC.
Xiaomi EV's 3rd model to be EREV, set to hit market in 2026, report says
Xiaomi will use a new business model for its third model, replacing automotive-grade parts that aren't safety-related with consumer-grade hardware, according to local media.