- Model 3 was once the most popular EV in China
- Xiaomis SU7 surpassed the sale of Model 3 Despite only being for sale for one year
- The Chinese company built 70,000 SU7 EVs in the first six months
According to the latest sales figures covering April 2024 to the end of January 2025, Xiaomi sold more SU7 models in China than Tesla sold model 3S and beat the US car manufacturer with about 10,000 cars.
Amazingly, this is the first vehicle the electronics manufacturer has ever produced, and it has only taken around the year to cement its reputation as one of the hottest EVs for sale in its domestic market.
Where Model 3 was one of the most desirable electric vehicles in China, recent figures reveal that sales are slipping, with the brand selling only 8,009 cars in January this year, compared to Xiaomi selling 22,897 SU7 models, according to figures collected by Tesla Delivery Estimates expert Troy Teslik on X.
Tesla was the first foreign car manufacturer to heal a factory in China, where its rivals were to share profits and technology with domestic companies under various joint ventures and partnerships.
But now it seems that the view of Tesla as a luxury foreign EV maker is subsidiarizing and the demand for Tesla’s cars in general is cooling. Despite a renewed model Y recently sold in China, its total sales in the country dipped by 51.47% in January, according to Teslarati.
While the Model 3 quickly slides down the Chinese sales charts, Model Y was the second best-selling car at the end of last year, only marginally beaten by the much smaller BYD gull, according to Car News China.
To put together Musk’s evils, Xiaomi is ready to come to a full scale production of its second EV-YU7 SUV, which will directly challenge Tesla’s model Y, as well as several Premium offers from Mercedes-Benz, BMW and Porsche.
With such a compelling offer and plans to expand to global markets, Xiaomi may not have just a “Tesla -killing” lineup, but one that might have the wider car industry worried.
Xiaomi ‘Going Global’ hits Premium EV producers
When he spoke at Mobile World Congress in Barcelona this week, Xiaomi’s President William Lu told CNBC that the company will release EVs for the global markets “within the next few years”.
The message was timed with the launch and revealed by SU7 Ultra, a high -performance, 1,517 hp version of its best -selling EV, which requires a special test to run in China and has broken lap registers at Nurburgring.
It is scheduled to cost 529,000 Chinese yuan (or about $ 72,627), it undermines the most potent electric model from Porsche-Taycan Turbo GT-MED over $ 200,000, and offers levels of racing-focused performance that Teslas Plaid-Badge could only dream of.
Debut SUV from Xiaomi will go into production this summer, and as with SU7, customer needs are already at fever height. The company’s stock price hit a high highlight in February as it released more specific details about its second model.
It’s easy to see why with a driving range of 123 miles (more than 2025 Tesla Model Y) A staggering 691 hp on the tap, smartphone-derived technology in the car and the latest Lidar-based autonomous driving technology, represents the excellent value for money … and it’s not bad either.
