Xiaomi SU7: delivery wait times longer than a year ago

Chinese customers who buy Xiaomi’s first electric vehicle model are now have to wait 35-38 weeks for delivery, significantly longer than the roughly 28 weeks it took when deliveries of the model first began 

Xiaomi had great success with its first electric vehicle (EV) model, the SU7, and the electric sedan now has even more appeal than it did right after its launch a year ago. Chinese customers who buy the Xiaomi SU7 are now facing delivery wait times that have exceeded the model's expected delivery cycles a year ago. Xiaomi officially launched the SU7 on March 28, 2024, offering three versions -- Standard, Pro, and Max -- with starting prices of 215,900 yuan ($29,775), RMB 245,900 yuan ($33,912), and 299,900 yuan ($41,359), respectively. Deliveries of the Standard and Max versions of the SU7 began in April, and deliveries of the SU7 Pro began in May. Chinese customers ordering the standard version of the Xiaomi SU7 would now have to wait 35-38 weeks for delivery, significantly longer than the roughly 28 weeks it took when deliveries of the model first began. The SU7 Pro now has a 33-36 week wait for delivery, also up from about 28 weeks in mid-April last year. The SU7 Max now has a wait time of 28-31 weeks, about the same as a year ago. Delivery wait times for all three variants of the Xiaomi SU7 saw a brief slight uptick in April last year, but saw a decline from May to August. The wait times for the SU7 remained largely flat from mid-August to the end of October last year, but saw another significant dip from November to December, with the SU7 Max falling to 16-19 weeks at one point. Heading into 2025, the electric sedan's delivery wait times continue to lengthen, despite the Chinese auto market entering a slow season early in the year. Longer delivery wait times for the SU7 are rare, considering that in the vast majority of other EV model cases, delivery wait times would see a continued decline post-launch as production capacity ramps up. By the end of 2024, the SU7 had been on the market for just nine months and had accumulated more than 248,000 locked-in orders, Lei Jun, founder, chairman and CEO of Xiaomi, said. Xiaomi had delivered 180,000 SU7s, and there are still 140,000-150,000 vehicles waiting to be delivered, Lei said. The company has a factory in Beijing, where it is headquartered, with an annual capacity of 150,000 units for the first phase currently in operation. It is currently building phase 2 of its plant, which also has a planned annual capacity of 150,000 units.