Xiaomi
Xiaomi updates SU7 EV with faster charging and more range
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Xiaomi has unveiled a mid-cycle update for its popular SU7 electric sedan, boosting range, charging speeds, and safety features ahead of the 2026 model year. The refreshed model starts at $33,000, undercutting the Tesla Model 3 in China, with pre-orders now open. Deliveries are set to begin in April.
In a significant shift in China's electric vehicle market, Xiaomi's SU7 surpassed Tesla's Model 3 in sales for 2025, delivering 258,164 units compared to Tesla's 200,361. This marks the first time since Tesla's 2019 entry into China that another brand has overtaken it in the premium sedan segment. The development highlights intensifying competition, prompting Tesla to launch an insurance subsidy for the Model 3.
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Xiaomi has launched a seven-year low-interest financing plan for its YU7 electric SUV, mirroring a recent offer from Tesla amid fierce competition in China's EV market. The incentive, announced by CEO Lei Jun, applies to all YU7 variants and targets orders placed between January 16 and February 28. This move comes as both companies vie for dominance in the popular SUV segment.