Xiaomi, the tech giant now venturing into electric vehicles (EVs), announced ambitious plans to deliver 550,000 cars in 2026. This represents a near-34% growth from over 410,000 units delivered last year.
Key Takeaways
- Xiaomi targets delivering nearly half a million EVs in 2026, up by about 34%
- The company aims to introduce four new models this year including refreshed versions of the SU7 sedan and YU7 SUV
- By expanding its lineup and achieving early success with existing vehicles, Xiaomi is positioning itself as a major player in China’s EV market
Xiaomi’s 2026 goal comes after it surpassed its target for last year of delivering over 415,000 cars. The company achieved this milestone ahead of schedule and aims to build on that success with new models.
The tech firm plans four vehicle launches in the coming year: a refreshed SU7 sedan, an executive version of the same model, plus two extended-range SUVs – one seating five passengers and another for seven. These additions will help Xiaomi diversify its offerings and compete more effectively against established brands like Tesla.
Xiaomi’s rapid growth has made it one of China’s fastest-rising EV manufacturers since entering this segment in 2021. In Q3, the company reported its first quarterly profit from electric vehicles when deliveries hit over 108,796 units.
With a strong presence among smartphone users and robust financial backing, Xiaomi is well-positioned to challenge existing EV leaders such as Tesla’s Model Y and Model 3. However, competition remains fierce with other Chinese startups also expanding rapidly in the market.
Frequently Asked Questions
How many vehicles did Xiaomi deliver last year?
Xiaomi delivered over 415,000 electric cars in 2025, surpassing its initial target of 350,000 units.
What new models will Xiaomi launch this year?
This year, Xiaomi plans to introduce four EVs: a refreshed SU7 sedan and executive version, plus two extended-range SUV variants for five and seven passengers.
Xiaomi’s ambitious growth targets reflect its confidence in the expanding Chinese electric vehicle market. With strong financial backing and a growing lineup of vehicles, Xiaomi aims to solidify its position among leading EV manufacturers by 2026.
