- Model 3 was once the most popular EV in China
- Xiaomi’s SU7 exceeded sales of model 3, despite the sale only for a year
- The Chinese company built 70,000 EV SU7 in the first six months
According to the most recent sales figures, which covered April 2024 at the end of January 2025, Xiaomi sold more SU7 models in China than Tesla sold model 3, beating the American car manufacturer with around 10,000 cars.
Surprisingly, this is the first vehicle that the electronics manufacturer has ever produced and it only took the year to consolidate its reputation for one of the hottest electric vehicles for sale on its domestic market.
When model 3 was one of the most desirable electric vehicles in China, the recent figures reveal that its sales slip, the brand selling only 8,009 cars in January of this year, compared to Xiaomi, which sold 22897 SU7 models, according to the figures gathered by Tesla Delivery estimates that the expert Troy your as on X.
Tesla was the first foreign car manufacturer to be fully owned by a factory in China, its rivals having to share profits and technology with national companies in various joint ventures and partnerships.
But now it seems that Tesla’s vision as a manufacturer of luxury foreign electric vehicles was declining and that the demand for Tesla cars in general was cool. Despite a model reworked there for sale in China recently, its overall sales in the country fell by 51.47% in January, according to Teslarati.
While model 3 quickly slides in Chinese sales graphics, the model was the second best -selling car at the end of last year, only beaten by the much smaller Gouette byd, according to because News China.
To worsen Musk’s misfortunes, Xiaomi is preparing for the large -scale production of its second EV – the YU7 SUV which will directly challenge the Y of Tesla model, as well as higher -end offers of Mercedes -Benz, BMW and Porsche.
With such a convincing offer and plans to develop in the global markets, Xiaomi could not only have a “Tesla-Killing” range, but which could have the broader automotive industry.
Xiaomi “Global Going” will hit premium EV manufacturers
Speaking at the Mobile World Congress in Barcelona this week, the president of Xiaomi, William Lu, told CNBC that the company would publish electric vehicles for the world markets “in the coming years”.
The announcement was timed with the launch and unveiling of the Ultra SU7, a high performance version and 1,517 hp of its best -selling electric vehicle which requires a special test to go to China and broke tour records at the Nurburgring.
From the cost of 529,000 Chinese yuan (or around $ 72,627), it undermines the most powerful electric model in Porsche – the Taycan Turbo GT – of more than $ 200,000, as well as offering performance -oriented performance levels whose Tesla plaid badge could only dream.
The first Xiaomi SUV should be in production this summer and, as for SU7, customer demand is already fever. The company’s share price reached a record level in February when it published more specific details of its second model.
It is easy to see why, with a 510 miles practice (123 more than the Y model of 2025 Tesla), a 691 hp of the technology derived from the smartphone and the latest autonomous driving technology based on the LIDAR, this represents an excellent value for money … and it is not bad either.
