Xiaomi’s electric vehicle (EV) division has achieved a major milestone, exceeding 600,000 cumulative deliveries in just 22 months of operation. The rapid growth places Xiaomi among the leading players in China’s competitive new-energy vehicle (NEV) market, with ambitious expansion plans for the future.
Rapid Sales Growth and Key Models
In January 2026 alone, Xiaomi reported 39,002 vehicle deliveries, largely driven by the popularity of its YU7 SUV. The YU7 accounted for approximately 97% of that month’s sales and became the best-selling single EV model in China by retail volume.
- 2025 Performance: Xiaomi EV exceeded its own expectations, delivering over 410,000 vehicles throughout the year. December 2025 saw a peak of over 50,000 deliveries – the highest monthly total since entering the EV market.
- YU7 Success: Launched in mid-2025, the YU7 quickly became Xiaomi’s primary driver of sales, exceeding 150,000 units within six months. This performance significantly outpaced the initial launch figures of the SU7 sedan.
Market Positioning and Product Lineup
Xiaomi strategically positions its vehicles to compete directly with established brands. The YU7 SUV targets Tesla’s Model Y in the highly competitive mid-size SUV segment. Meanwhile, production of the original SU7 sedan has recently ended, paving the way for future models.
- YU7 SUV: Designed to challenge Tesla in the mid-size SUV market.
- SU7 Sedan: Xiaomi’s first EV model, now discontinued as production ends.
- Future Models: Xiaomi plans to launch at least four new models in 2026, including an updated SU7 variant and additional extended-range SUVs.
Strategic Outlook and Expansion Plans
Xiaomi founder Lei Jun has set a bold target of 550,000 vehicle deliveries for 2026 – representing approximately a 34% increase over the 2025 performance. This goal highlights the company’s commitment to scaling production and diversifying its lineup.
“Xiaomi EV’s growth trajectory demonstrates its ability to compete effectively in a rapidly evolving market.”
Industry analysts suggest that export markets, particularly the European Union, could be Xiaomi’s next step, with validation efforts underway for a potential entry in 2027. However, concrete export plans for 2026 remain undisclosed.
Conclusion: Xiaomi’s fast growth in the EV sector is driven by its competitive models, strategic positioning, and aggressive expansion goals. The company is well-positioned to further disrupt the NEV market both domestically and potentially internationally.
