Xiaomi reported a significant drop in electric vehicle deliveries in February, saying on its official Weibo account that it delivered just over 20,000 units, sharply down from more than 39,000 in January.
The company, long known for smartphones and consumer electronics before entering the EV market, launched its first electric car, the Speed Ultra 7 (SU7) sedan, in 2024 and has been expanding production ever since.
The Chinese tech giant said it is preparing for the mass production of a next-generation version of its SU7 model as it seeks to sustain momentum in the highly competitive electric vehicle market.
In recent months, the firm’s EV business has faced seasonal production slowdowns, factory transitions between models, and holiday disruptions that have contributed to the sequential decline in deliveries.
The February decline came as Xiaomi’s broader electric vehicle division reported strong cumulative sales, delivering more than 500,000 units in just over 600 days, faster than Tesla reached a comparable milestone.
Xiaomi has also been actively expanding its EV presence globally, unveiling new concepts such as the Vision GT supercar ahead of industry events and signalling broader ambitions beyond China’s domestic market.
In China, the company has formed a safety advisory committee in response to recent accidents involving its SU7 vehicles and plans regular engagement with car owners, experts and media to improve safety performance.
