The Chinese company Xiaomi is aware of the success of its first electric car. And when it comes to entering the global market, even its top executive Xiaomi Motors, Lei Jun had to face the question.
Xiaomi is planning to expand into the global electric car market too
During the 2024 Summer Olympic Games in Paris, Lei Jun, as the head of Xiaomi Motors. also headed to the venue. In France, there was also a discussion with Xiaomi brand fans. And it was one of the fans who asked whether it would be possible to buy the Xiaomi SU7 electric car on that market before 2030.
In response to this post, Lei Jun said: “Alright, our goal is to be among the top five in the world, so we will definitely enter the global market at the right time.”
As a Chinese brand, Xiaomi Motors launched its first electric vehicle in March of this year. It’s the Xiaomi SU7, presented as a high-performance C-class sedan with eco-friendly technologies, and it’s currently sold in single-motor and dual-motor versions.
Customers also have two different battery capacities to choose from: specifically 73,6 kWh and 101 kWh. The starting price for this vehicle is 215 900 Chinese yuan (about 27 580 €). With optional equipment included, it can go up to as much as 299 900 Chinese yuan (about 38 310 €).
The year-round target is set at 100 000 units
For a reminder, the Chinese selling company during the month of June has 2024 more than 10 000 units of electric vehicles. The manufacturer also increased its production capacities to shorten the waiting time for a new electric vehicle. In light of this, it also announced the launch of a two-shift operation for its workers.
The company’s monthly goal is to deliver 10 000 electric car units, and the long-term goal for year 2024 is also highly ambitious. It’s about selling more than 100 000 Xiaomi electric vehicles.
With increased production capacity and faster deliveries of the Xiaomi SU7, more than 30 000 units have been delivered so far. There are even reports online that the full-year sales target for electric cars could be met as early as November this year. It’s also expected that the company will open up to 220 new branches in 59 cities across China.
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