Xiaomi says electric vehicle unit to hit 350,000 delivery target ahead of schedule · TechNode

Xiaomi’s EV Division Races Ahead: On Track to Surpass 350,000 Deliveries This Week

In a striking demonstration of momentum and operational efficiency, Xiaomi’s electric vehicle division has announced it is poised to surpass its full-year delivery target of 350,000 vehicles ahead of schedule—potentially as early as this week. This marks a significant milestone for the tech giant, which had already raised its annual goal from 300,000 to 350,000 vehicles earlier this year, reflecting strong demand and accelerating production.

The latest figures reveal Xiaomi delivered over 100,000 electric vehicles in the third quarter alone, bringing cumulative deliveries for the first nine months of the year to more than 260,000 units. This rapid ramp-up underscores the company’s aggressive push into the competitive EV market, where it is leveraging its technological expertise and brand recognition to carve out a meaningful share.

One of the most compelling aspects of Xiaomi’s progress is the dramatic improvement in production efficiency. According to the company, it took 230 days to produce the first 100,000 units of its flagship SU7 sedan. However, the next 200,000 vehicles rolled off the assembly line in just 232 days—a testament to the company’s ability to scale manufacturing and optimize supply chains under intense market pressure.

Xiaomi’s EV ambitions are not slowing down. Analysts are now projecting that the company could ship close to 400,000 vehicles in 2025, a figure that would solidify its position as a serious contender in the global EV landscape. This optimism is fueled by the company’s ongoing investments in battery technology, autonomous driving capabilities, and smart connectivity—areas where Xiaomi’s core strengths in software and hardware integration are expected to shine.

The earnings call, which provided these updates, also highlighted Xiaomi’s broader strategy to integrate its ecosystem of devices with its vehicles, offering users a seamless, tech-forward driving experience. This approach mirrors the company’s smartphone and smart home strategies, where interoperability and user-centric design have been key differentiators.

As Xiaomi accelerates its EV rollout, industry watchers are closely monitoring how it will navigate challenges such as supply chain volatility, regulatory hurdles, and fierce competition from both legacy automakers and new EV entrants. Still, the company’s ability to consistently beat its own targets suggests a level of execution and market fit that few startups in the space can match.

With the year-end delivery milestone in sight, Xiaomi’s EV division is not just meeting expectations—it’s rewriting the playbook for tech companies entering the automotive world. The coming months will reveal whether this momentum can be sustained into 2025 and beyond, but for now, Xiaomi is clearly in the fast lane.

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