Xiaomi EV sales to reach 1 million by 2028, Goldman Sachs says
A bullish Goldman Sachs forecast puts Xiaomi EV on track to cross the one-million-delivery threshold by 2028, but the road from consumer-tech disruptor to global automotive heavyweight will be shaped as much by factories, export execution and market timing as by product momentum Xiaomi SU7 Ultra Goldman Sachs has placed Xiaomi EV among the most closely watched growth stories in China’s electric-vehicle sector, forecasting deliveries of 500,000 units in 2026, 770,000 in 2027 and 1.036 million in 2028. That trajectory would move Xiaomi from credible newcomer to million-unit manufacturer in just a few model cycles, an unusually compressed timetable even by China’s standards. The forecast rests on a broadening product portfolio rather than on a single breakout model. In 2026 , Goldman Sachs expects the SU7 sedan range to contribute 223,000 units and the YU7 SUV 159,000 units, while the Sky Nomad N90 and N70 range-extender SUVs add 53,000 and 64,000 units respectively. By 2027, the SU7 an...