Production of the Xiaomi SU7 could reach 150,000 units by 2025
- The Chinese smartphone producer Xiaomi presented its first car, the SU7 (“Speed Ultra” 7), a battery electric D-segment sedan which openly competes with the Tesla Model 3, also from the D segment, sold at 300 000 units in China last year and more than a million since its launch in the country in 2020. The Tesla Model 3 is thus the seventh best-selling car in China in 2023 and the Xiaomi SU7 dreams of taking its place.
- The Xiaomi SU7 will be produced by the Chinese carmaker BAIC Motor in one of its factories located in Beijing at the rate of 100,000 units per year, but the level of orders having already exceeded this production capacity, BAIC Motor will have to increase it (we are talking about 120,000 units for the second half of 2024 and 150,000 units in 2025), to reduce delivery times which today reach between six and eight months depending on the versions.
- The Xiaomi SU7 is based on the “Modena” platformand has an electric motor of 295 hp (220 kW) in the rear-wheel drive version and 665 hp (495 kW) in the all-wheel drive version. The battery has a capacity of 74 kWh, 94 kWh or 101 kWh depending on the version chosen by the customer. The carmaker announces a range of between 700 km and 800 km depending on the CTLC cycle.
- In terms of performance, the Xiaomi SU7 intends to position itself at the level of the Porsche Taycan (265 km/h for the most powerful version) for half the price. But the boss of Xiaomi himself admitted that the company was losing money on each car sold, and that massive price increases would undoubtedly be necessary in the coming months.
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