On March 28, 2024, Xiaomi unveiled its first EV model, the sleek sedan SU7. By April, cars were rolling off production lines in China’s bustling cities. The company followed up with a second model, the YU7 SUV, six months later to compete directly against Tesla’s Model Y.

By November 2025, Xiaomi had already delivered over 361,000 vehicles. Then came December when they announced an impressive surge of over 50,000 units sold in a single month. That brings the total for all of 2025 to well above 400,000 cars.

With its YU7 SUV now hitting the half-million mark six months after launch and outselling the SU7 sedan by three-to-one, Xiaomi is clearly making waves in China’s EV market. They’re also planning an ambitious rollout for next year with two extended-range electric vehicles (EREVs) plus updated versions of their popular SU7.

As demand continues to rise, Xiaomi plans to expand its reach beyond Chinese borders. By 2027, the company aims to enter Europe, starting validation tests in Germany now. This move signals an intention for global growth and competition against established automakers abroad.

With such rapid growth in its first year, Xiaomi’s entry into electric vehicles is proving to be an exciting chapter for both Chinese consumers and international observers alike.

The post Xiaomi Surpasses 400,000 EV Deliveries in First Year of Sales appeared first on Auto Global News – Global Car News & Reviews.

And while BYD remains the leader in China’s EV market, it’s not immune to the economic headwinds sweeping through the country. The company reported a 5.1% drop in sales from January to November of this year, highlighting how even established players are feeling the pinch.

Newer entrants like Xiaomi also face tough competition as they try to carve out their niche in an increasingly crowded market. With two models on offer and more planned for release next year, Xiaomi is betting big that its tech-savvy approach will win over consumers who prioritize connectivity features above all else.

Foreign automakers aren’t sitting idle either; many see the Chinese EV sector as a key battleground but must adapt to local tastes. They’re investing heavily in joint ventures and partnerships with domestic firms, which can be both an advantage and a challenge given China’s complex regulatory landscape.

The shift from rapid growth to consolidation is reminiscent of what happened during the early days of internal combustion engines when only the most adaptable companies survived. As we look ahead into 2026, it’s clear that survival in this new era won’t just be about building better cars but also mastering the art of cost-cutting and innovation.

The EV market’s evolution from a period of rapid growth to one dominated by survival tests underscores the cyclical nature of automotive history, where only those who can innovate and adapt will thrive.

The post China’s EV Market Faces Price War in 2026 as Sales Slow Down appeared first on Auto Global News – Global Car News & Reviews.

Since its entry into the electric vehicle market in 2024, Xiaomi EV has rapidly expanded its retail footprint. In November alone, the company added 17 new stores across China, bringing their total number of locations to 441 in 131 cities. This aggressive expansion strategy is set to continue with plans for an additional 36 store openings by December.

Xiaomi’s SU7 sedan, launched on March 28, 2024, has been the cornerstone of their EV lineup, directly challenging Tesla’s Model 3 in terms of performance and market share. The company also unveiled a high-performance variant, the SU7 Ultra, earlier this year to cater to more demanding customers.

The introduction of Xiaomi’s YU7 electric SUV on June 26 further diversified its product range, offering consumers an alternative to Tesla’s Model Y in the rapidly growing SUV segment. This move underscores Xiaomi EV’s strategy to compete across multiple vehicle categories within the burgeoning Chinese EV market.

Xiaomi EV’s continued growth and expansion reflect the company’s strategic focus on capturing significant market share within the Chinese electric vehicle sector. As Xiaomi continues to roll out new models and expand its retail network, it is poised to become a major player in the global EV landscape.

The post Xiaomi EV Surpasses 40,000 Units for Third Consecutive Month appeared first on Auto Global News – Global Car News & Reviews.

The YU7 isn’t just another run-of-the-mill EV; it offers up to 835 km on a single charge—a number that’s sure to catch your eye! And its rapid charging capabilities are nothing short of astounding, taking you from 10% to 80% in just 12 minutes. Talk about convenience!

But wait, there’s more! The YU7 boasts some serious performance stats too: it can go from zero to a hundred km/h in only 5.88 seconds thanks to its powerful dual-motor system. If you’re into speed and tech, this one’s for you.

This electric beast isn’t just about going fast; it’s also all about making your ride comfortable with unique features like a smart fridge that keeps drinks cold during long drives and an incredible 25-speaker sound system by Dolby Atmos. Can’t forget the 700 TOPS computing power for its autonomous driving capabilities either.

Now, let’s talk rivals. The Xiaomi YU7 is up against big names like Tesla Model Y, XPeng, Li Auto, Zeekr, and IM. With long wait times at some of these competitors, it’s no surprise that the YU7 sees stiff competition. But with its advanced technology and luxurious interior, you might find yourself leaning towards Xiaomi.

Lastly, remember how I said it looked like an Italian supercar? Well, turns out there’s more to this than just aesthetics; its body structure is built using high-strength steel and aluminum alloys for added safety. So whether you’re speeding down the highway or navigating city streets, know that your ride in the Xiaomi YU7 will be secure.

So what do you think? Are you ready to experience luxury like never before with this new EV?

The post Xiaomi YU7 Looks Like an Italian Supercar and Packs Some Punch appeared first on Auto Global News – Global Car News & Reviews.

According to industry experts, Tesla’s market share in China dropped significantly—from 8.7% in September to just 3.2% in October. Michael Dunne, CEO of Dunne Insights, commented on the situation: “Tesla is getting surrounded by a swarm of Chinese automakers… each taking some sales from the company with a target on its back.” As we reported earlier this year, Xiaomi’s entry into the EV market has posed another challenge for Tesla, as their YU7 SUV and SU7 sedan are performing exceptionally well in China despite initial safety concerns.

The economic slowdown coupled with a price war has also played a major role in Tesla’s declining sales figures. Local competitors like Leapmotor have emerged to cater specifically to the Chinese market’s demands, offering more affordable EVs that compete directly with Tesla’s Model 3 and Model Y. Our previous analysis on Xiaomi revealed how quickly they managed to establish themselves as a serious competitor, selling nearly 109,000 cars in Q3 alone, significantly less than Tesla but impressive nonetheless.

Tesla’s struggles this year highlight the rapidly changing dynamics within the Chinese EV market. While competitors are expanding their range of models and lowering prices, Tesla is grappling with how to remain competitive while maintaining its brand image and premium positioning. The company will need to adapt quickly if it hopes to regain its footing in one of the world’s largest auto markets.

China’s burgeoning electric vehicle industry continues to surprise everyone with new entrants like Xiaomi entering the scene, as well as existing players improving their offerings rapidly. This trend is likely to continue throughout 2026 and beyond, further challenging established names such as Tesla.

The post Tesla’s Sales in China Drop to a Three-Year Low appeared first on Auto Global News – Global Car News & Reviews.

The revised sales target reflects an impressive threefold increase over Xiaomi’s delivery volume of 135,000 cars in 2024. This growth is largely attributed to the strong performance of the company’s SU7 sedan and YU7 SUV models. Despite this ambitious expansion plan, Xiaomi remains committed to prioritizing safety and quality as it ramps up production.

Xiaomi’s success has positioned it as a formidable competitor in China’s EV market alongside established players like Tesla, along with other startups such as Leapmotor and Li Auto. The company recently opened an R&D center in Germany, setting the stage for potential European expansion plans. Xiaomi also reported a profit of CNY 700 million (approximately US$98 million) in the third quarter of 2025, reversing from a loss of CNY 300 million in the previous period.

According to internal reports, Xiaomi’s sales growth was driven by a 175% year-over-year increase, delivering 108,796 cars during this period. By the end of October 2025, the company had already delivered 315,376 BEVs in China alone. This rapid rise underscores Xiaomi’s strategic focus on innovation and market expansion.

As Xiaomi continues to scale its production capacity and broaden its geographical reach, it will be interesting to see how this new sales target is achieved while maintaining a strong emphasis on safety standards and product quality. The company’s journey reflects the dynamic landscape of China’s burgeoning EV industry, where technology-driven innovation is key to market leadership.

The post Xiaomi Boosts 2025 EV Sales Target to 400,000 Units appeared first on Auto Global News – Global Car News & Reviews.

The profitability of Xiaomi’s EV division is a significant step forward for the brand, which continues to grow at an impressive pace within a highly competitive market. In Q3 2025, the business unit generated an operating profit (EBIT) of 700 million yuan ($85 million), showcasing strong growth from its revenue stream that amounted to 29 billion yuan.

Breaking down these figures further reveals that electric vehicles alone accounted for a substantial portion of this income. In Q3, Xiaomi’s EVs contributed approximately 28.3 billion yuan in revenue – a year-on-year increase of 199%. The company attributes much of its success to the increased sales volume and higher selling prices.

Deliveries of Xiaomi’s electric vehicles rose from 81,302 units in Q2 to an impressive 108,796 units in Q3. This represents a massive growth rate of 33.8% compared to the previous quarter and a staggering 173.4% increase year-over-year. Additionally, the average selling price (ASP) per vehicle increased by 9%, from approximately 238,650 yuan to 260,053 yuan.

One of the key drivers behind Xiaomi’s success has been its strong performance in SUV sales with the YU7 series. According to the company, this model ranked first in China’s SUV market during October 2025. This achievement is partially attributed to a more extensive distribution network consisting of 402 sales centers across 119 cities and 209 service centers spread over 125 cities.

The gross profit margin for Xiaomi’s EV business has also seen significant improvement, rising from 17.1% in Q3 2024 to a robust 25.5% in the current quarter. This growth can be attributed to lower manufacturing costs per unit and higher prices, along with the launch of the SU7 Ultra model that commenced deliveries in March 2025.

Xiaomi’s entry into the EV market has been swift and impactful, demonstrating the potential for established tech companies to make a significant mark in this rapidly evolving sector. The company’s ambitious sales forecast now stands at 400,000 units for the year, up from its previous target of 350,000.

As Xiaomi continues to scale and innovate within the EV space, it sets a precedent for other tech firms looking to diversify their offerings. With such rapid growth and profitability in just under two years since launching its first vehicle, Xiaomi’s journey is not only an impressive story but also a testament to the growing acceptance of electric vehicles globally.

The post Xiaomi’s Electric Car Arm Proves Profitable in Just Over a Year appeared first on Auto Global News – Global Car News & Reviews.