Xiaomi Deliveries : 2024-25 (Q1-Q3)

Xiaomi make all sorts of things and in the second quarter of 2024 started delivering cars. It was a large four door fastback named the SU7 (photo above). The SU stands for Speed Ultra and looks like it was heavily influenced by Tesla. Mind you, that could be said of many Chinese cars of this ilk 

Deliveries started in Q2 2004, with the company giving definite figures for the first two months, then a general number for the third month. So by using that information, I came up with 25,700 units delivered. 

Then based on the Q4 and full year figures provided by Xiaomi, I came up with the Q3 number of 41,457. Elementary, my dear Watson. Why make it so hard?

In 2025, 75,869 units found owners in Q1,  Q2 is based on monthly rounded figures and Q3 a mixture. Xiaomi goes from definite to indefinite figures in what seems a random manner. Anyway, the 2025 figure of 264,217 deliveries is already 93% up on the start up year of 2024. 

So where will 2025 end up? With the imminent arrival of the YU7 SUV (photo below), deliveries for the year are expected to be 380,000 plus. That would be divided as 280,000 and 100,000 for the SU7 and YU7 respectively. 

For now, the emphasis has been on the Chinese market but strong local demand has meant opening up new export markets isn't possible at this stage. In Q1 2025, the company has reportedly lost US$900 on each car delivered. In Q2 it was US$500 so it seems to be improving. That isn't a surprise for a new venture. Starting out in the car industry is an especially expensive exercise. 

Data & picture source: Xiaomi.