Xiaomi

The SU7 Ultra, which starts at RMB 529,900 ($72,930), is Xiaomi's new luxury car for this era, the ultimate "Dream Car," said its CEO.

By the end of 2024, the SU7 had accumulated more than 248,000 locked-in orders in just nine months since its launch, Xiaomi CEO Lei Jun said.

The SU7 Ultra, which has ultra-powerful performance, will be launched on February 27 and is currently available for pre-order at about four times the regular SU7's price.

Li Auto decided to adjust the announcement date of the Li i8 after learning that the launch of the Xiaomi SU7 Ultra is scheduled for February 27.

Xiaomi SU7 Ultra will be officially launched on February 27, with an event set to begin at 7 pm Beijing time on the same day.

Xiaomi has filed for configuration changes for the SU7 Ultra, with the number of seats changing to either 5 or 2 from the previous 5.

Both motors of the new Xiaomi YU7 dual-motor variant have a smaller peak power than the other dual-motor variant that has been filed previously.

The single-motor version of the Xiaomi YU7 SUV is powered by BYD batteries and has a CLTC range of up to 820, while the dual-motor version is powered by CATL batteries and has a range of 670-760 km.

Xiaomi CEO Lei Jun is discussing with colleagues in charge of vehicle manufacturing how to further boost capacity.

Xiaomi's sales target for the SU7 Ultra in 2025 is 10,000 units.