Xiaomi Accelerates into the EV Market, Surpassing 30,000 Deliveries for Second Consecutive Month
BEIJING – Just over a year after entering the electric vehicle (EV) market, Chinese tech giant xiaomi is rapidly gaining traction, delivering over 30,000 cars for the second month running. This remarkable achievement signals a potent disruption in the automotive industry, driven by the overwhelming popularity of its new SUV, the Yu7.
Xiaomi, traditionally known for its smartphones and consumer electronics, launched its first EV to a frenzy of demand. The Yu7’s debut sparked a market “storm,” with over 200,000 pre-orders placed within the first three minutes of sales opening, climbing to 240,000 within 18 hours. While this excited response presents a significant challenge – production is struggling to keep pace - Xiaomi is aggressively addressing the bottleneck.
“The speed at which xiaomi has entered and begun to compete in the EV market is truly exceptional,” says priyashah, Editor-in-Chief at world-today-news.com. “They’ve not only created a desirable product but