Xiaomi EV has started pre-sales of an updated version of its SU7 electric sedan at a higher entry price, reflecting expanded standard features and upgraded technology as competition in China’s EV market intensifies.
The updated SU7 carries a pre-sales starting price of 229,900 yuan ($32,890), up 14,000 yuan, or 6.5%, from the previous model’s 215,900 yuan. The increase reduces the price gap with Tesla’s Model 3 in China to about 5,600 yuan, from nearly 20,000 yuan previously.
Xiaomi EV said the new-generation SU7 is scheduled for official launch in April. In line with common industry practice in China, final retail prices are typically set below pre-sales levels. Customers who have already placed orders for the existing SU7 but have not yet taken delivery can choose to upgrade to the refreshed model, the company said in a statement on social media platform Weibo.
The updated SU7 continues to be offered in three variants — Standard, Pro and Max — with pre-sales starting at 229,900 yuan, 259,900 yuan and 309,900 yuan respectively. By comparison, the outgoing versions were priced from 215,900 yuan, 245,900 yuan and 299,900 yuan.
Tesla’s Model 3 lineup in China currently spans four variants, priced between 235,500 yuan and 339,500 yuan.
Xiaomi has added more advanced hardware as standard across the SU7 range, including LiDAR and 4D millimetre-wave radar on all trims. The driving assistance system is powered by a chip delivering 700 trillion operations per second (TOPS) of computing capability.
The Standard and Pro versions are built on a 752-volt silicon carbide high-voltage platform, while the Pro variant offers a CLTC-rated driving range of up to 902 kilometres, among the longest claimed ranges in China’s EV market. The Max version uses an 897-volt platform and supports fast charging that can add up to 670 kilometres of CLTC range in 15 minutes.
All versions of the updated SU7 are equipped with Xiaomi’s V6s Plus electric motor, the company said.
The SU7 was first launched in March 2024, with deliveries beginning a month later. Xiaomi founder and chief executive Lei Jun said earlier on Weibo that more than 360,000 SU7 vehicles have been delivered in the past 21 months, averaging over 17,000 units per month.
