Quick Specs & Metrics
The first-generation Xiaomi SU7 has officially ended production, with nearly 370,000 units delivered since its launch in March 2024. The updated SU7 is set to debut in April, featuring enhanced smart driving hardware and LiDAR as standard.
A New Chapter for Xiaomi’s Flagship EV
The final first-generation Xiaomi SU7 has rolled off the production line, marking the end of an era for Xiaomi’s debut electric sedan. Founder and CEO Lei Jun confirmed the milestone during a live broadcast, highlighting the SU7’s impressive journey in China’s competitive EV market. With cumulative deliveries nearing 370,000 units, the SU7 has proven itself as a formidable rival to the Tesla Model 3.
What’s Next for the SU7?
Xiaomi is gearing up to launch the next-generation SU7 in April, with pre-sales already underway since January 7. The updated model starts at RMB 229,900 ($33,270), a 6.48% increase over its predecessor. This narrows the price gap with the Tesla Model 3 to just RMB 5,600, making it an even more compelling option for EV buyers.
The new SU7 promises advanced smart driving capabilities, thanks to its standard LiDAR and upgraded hardware. While Xiaomi took nearly two years to refresh the SU7, a slower pace compared to competitors like NIO and XPeng, the wait seems justified given the enhancements.
Market Dynamics and Xiaomi’s Strategy
Xiaomi’s SU7 has been a standout performer in China’s EV market, averaging nearly 20,000 monthly deliveries. However, January deliveries dipped to over 39,000 units, down from December’s record 50,212, likely due to anticipation for the refreshed model. This dip reflects a common trend in the industry as consumers await upgraded offerings.
Xiaomi’s strategy of focusing on quality over rapid updates contrasts with the frequent model refreshes seen from competitors like BYD and Tesla. This approach aligns with Xiaomi’s broader philosophy of delivering value-driven products, a tactic that has paid off with strong customer satisfaction.
Competing in a Crowded Market
While the SU7 has been Xiaomi’s flagship, the YU7 SUV has also been a key driver of sales, competing directly with the Tesla Model Y. Launched in June 2025, the YU7 has carved out a niche in the increasingly popular SUV segment.
Xiaomi’s success in the EV space is a testament to its ability to leverage its tech expertise and brand appeal. As the company prepares to launch the next-gen SU7, it continues to solidify its position as a major player in China’s EV market, challenging both domestic and international rivals.
Looking Ahead
With the updated SU7 set to hit the market soon, Xiaomi is poised to maintain its momentum. The inclusion of LiDAR and enhanced smart driving features positions the new model as a tech-forward option for consumers. As Xiaomi continues to innovate, its EV lineup is likely to expand, offering even more choices for buyers in this rapidly evolving market.
