Xiaomi's SU7 EV Faces Months-Long Wait Amid High Demand

1 min read
Source: Quartz
Xiaomi's SU7 EV Faces Months-Long Wait Amid High Demand
Photo: Quartz
TL;DR Summary

Xiaomi's new electric sedan, the SU7, has garnered high demand, with over 88,000 pre-orders within 24 hours of its unveiling, leading to delivery wait times of up to 30 weeks. Priced competitively against Tesla's Model 3, the SU7 is expected to challenge the electric car market in China, prompting other manufacturers like Tesla, Aito, Xpeng, and Chery to adjust their pricing and offer subsidies to remain competitive in the growing EV market.

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