Xiaomi becomes 8th largest EV upstart in China after successful SU7 launch

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Chinese smartphone maker Xiaomi has become the country's eighth-largest electric vehicle upstart after selling more than 7,000 units of its first model, the SU7 sedan, in April, according to industry data.

Visitors film around Xiaomi's first electric vehicle, the SU7, displayed at an event in Beijing, China December 28, 2023. REUTERS/File Photohas become the country's eighth-largest electric vehicle upstart after selling more than 7,000 units of its first model, the SU7 sedan, in April, according to industry data.

China's EV market has been crowded by an increasing number of upstarts that include pure EV manufacturers such as Nio and Xpeng as well as EV sub-brands from traditional automakers including GAC's Aion and Geely's Zeekr. Some Huawei vehicles such as the Aito M5 and M9 come in both extended-range and pure EV variants and both versions are counted in as EVs, meaning its actual pure EV sales would be lower than the reported figure. Dongchedi does not provide a sales breakdown of those variants.

VW delivered 13,108 EVs in April under its ID series through two Chinese joint ventures, with the models starting at a lower price than Xiaomi's standard SU7 at 215,900 yuan .

 

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