Xiaomi’s electric vehicle (EV) unit, Xiaomi EV, is reportedly intensifying its orders to the supply chain as it strives to increase production capacity.
According to local media outlet Wallstreetcn, Xiaomi EV has requested its upstream suppliers to increase their supply of components, with orders rising by approximately 80 percent, as per unnamed supply chain sources.
For a specific category of parts, Xiaomi EV’s orders have surged from around 10,000 units per month previously to 18,000 units recently, the report noted.
Xiaomi officially launched its first model, the SU7, on March 28, offering three trims — standard, Pro, and Max — with starting prices of RMB 215,900 ($29,830), RMB 245,900, and RMB 299,900, respectively.
The SU7’s design, reminiscent of Porsche, its relatively affordable price, and Xiaomi’s marketing efforts have contributed to its high level of acceptance.
Xiaomi offered a Founders Edition for the SU7, limited to 5,000 units, with deliveries commencing on April 3. Deliveries of the SU7’s customized vehicles began on April 18.
In April, Xiaomi EV delivered 7,058 units of the SU7, with locked-in orders of 88,063 units for the model as of April 30, according to figures released on May 1.
Xiaomi is striving to expand the SU7’s production capacity to hasten deliveries and ensure it meets its target of delivering 100,000 units annually this year, as stated on May 1.
Current orders for the Xiaomi SU7 entail a wait of at least 30 weeks for delivery, while the delivery lead time for the highest-priced Max variant stretches to 37 weeks, as per data monitored by CnEVPost.
During the Beijing auto show on April 25, Xiaomi founder, chairman, and CEO Lei Jun expressed the company’s goal to achieve monthly deliveries of the SU7 exceeding 10,000 units by June.
