Wednesday, July 1

Xiaomi EV delivered more than 30,000 vehicles in June, marking the third consecutive month above that level, the company announced on Wednesday. As in previous months, Xiaomi did not disclose the exact delivery figure, with detailed monthly data expected to be released later by the China Passenger Car Association (CPCA).

Deliveries Remain Above 30,000

June continued Xiaomi EV’s steady performance after deliveries recovered above 30,000 units in the second quarter.

The company’s strongest monthly performance this year came in January, when deliveries exceeded 39,000 vehicles. Deliveries then fell to just over 20,000 units in both February and March, partly due to the Spring Festival holiday, before rebounding in April and remaining above 30,000 units through June.

Product Performance

According to CPCA data, the Xiaomi SU7 sedan delivered 24,023 units in May, representing a 14.24% decline from a year earlier and marking its eighth consecutive month of year-on-year sales declines.

The YU7 SUV, positioned as a competitor to Tesla’s Model Y, delivered 8,736 units in May, down 11.54% from April and recording its fifth consecutive month of month-on-month declines.

To strengthen its lineup, Xiaomi introduced two new YU7 variants in late May.

The company launched an entry-level YU7 priced from 233,500 yuan (approximately US$34,400) to attract more buyers, while also unveiling the high-performance YU7 GT starting at 389,900 yuan.

Powered by a dual-motor system producing 990 horsepower, the YU7 GT recorded a lap time of 7 minutes and 22.755 seconds at Germany’s Nürburgring Nordschleife, making it the fastest production SUV to complete the circuit.

Expanding Beyond Battery EVs

Xiaomi’s electric vehicle business continues to operate at a loss despite growing deliveries. The company’s innovative business segment reported an operating loss of 3.1 billion yuan during the first quarter.

The automaker is also broadening its product strategy beyond battery electric vehicles.

A regulatory filing last month showed Xiaomi had received approval to manufacture extended-range electric passenger vehicles at its Beijing production facility.

Industry reports have also indicated that Xiaomi could launch a second vehicle brand, Skynomad, targeting the family-oriented extended-range SUV segment. The first model is expected to reach the market during the second half of the year, placing Xiaomi in direct competition with Li Auto and Huawei-backed Aito.

Annual Target

Xiaomi has set a delivery target of 550,000 vehicles for 2026, representing an increase of about 34% from approximately 410,000 deliveries in 2025.

From January through May, Xiaomi EV delivered 150,317 vehicles, up 13.48% from the same period last year. Sustaining strong delivery growth during the second half of the year will be essential if the company is to achieve its annual objective.

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Daniel Chen has been analyzing China’s electric vehicle market for EVMagz.com since becoming a reporter in 2025, specializing in EV sales performance, market share trends, pricing strategy, and consumer demand across China’s competitive automotive landscape. With a background in business analytics and digital journalism, he delivers data-driven insights into the world’s largest EV market. Outside of work, Daniel enjoys cycling along urban river routes, tracking macroeconomic indicators, and experimenting with specialty pour-over coffee.

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