"Xiaomi's SU7 EV: High Demand Leads to Lengthy Wait Times for Buyers"

1 min read
Source: Fox Business
"Xiaomi's SU7 EV: High Demand Leads to Lengthy Wait Times for Buyers"
Photo: Fox Business
TL;DR

Xiaomi's new electric vehicle, the SU7, is facing potential delivery wait times of up to seven months due to high demand, with the Max model showing the longest wait of 27-30 weeks. The company received almost 88,900 orders in the first day of availability, with the base model priced at around $30,000, making it cheaper than the Tesla Model 3 in China. Xiaomi has been investing in its EV efforts for years and has now officially entered the Chinese EV market with the SU7.

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