Xiaomi Corp said on Friday that total deliveries of its electric vehicles have now exceeded 600,000 units since the automaker's EV program began in early 2024. The company, better known for its consumer electronics business, offers two principal models: the SU7 sedan introduced at the initial launch, and the YU7 crossover, which entered the market in mid-2025.
According to the company, January 2026 deliveries topped 39,000 units. The YU7 registered particularly strong sales during that month, even as the broader Chinese electric vehicle market experienced a slowdown. Across 2025, Xiaomi recorded sales of more than 400,000 EVs, a volume that positioned the company among the larger EV sellers in China.
Management attributed elevated sales to a combination of measures and market reception. The company cited price cuts and promotional activity alongside favourable reviews as contributing factors to higher customer uptake, with the model mix shifting toward the YU7 as a principal sales driver.
Looking ahead, Xiaomi has announced a sales target of 550,000 EVs for 2026. The company did not provide further details on production ramp plans or the specific timing for meeting the target within the year.
These milestones highlight Xiaomi's rapid accumulation of volume since its EV debut. The two-model lineup and commercial incentives have supported a brisk buildup of deliveries through 2025 and into early 2026, even while the wider market showed signs of weakening demand.
Summary
Xiaomi has exceeded 600,000 cumulative electric vehicle deliveries since early 2024, driven by its SU7 sedan and the YU7 crossover. The company sold over 400,000 units in 2025 and reported roughly 39,000 units sold in January 2026. Xiaomi targets 550,000 EV sales during 2026.
Context and market position
The company's EV effort, built alongside its established consumer electronics business, has quickly produced significant volumes, placing Xiaomi among China's larger EV manufacturers by delivery count. Promotional pricing and favorable critical reception are cited as key contributors to the sales trajectory, with the YU7 noted as a main contributor to recent monthly sales strength.