Insurance registration data shared on Chinese social media this Tuesday showed that Xiaomi has sold 7,400 vehicles between October 6 and 12.
Sales increased from 7,360 units in the first week of October, when registrations dropped sharply with the start of a new month and quarter.
Vehicle sales and registrations often decline at the start of each month, and more markedly at the beginning of a new quarter, as automakers usually ramp up incentives near the end of each sales cycle.
In addition, the past two weeks’ figures were affected by the Chinese Golden Week holidays, which impacted both production and sales between October 1 and October 8.
In the first two weeks of October, Xiaomi’s weekly sales returned to around 7,000 units, after registrations surged at the end of August and September.
Xiaomi faced industry record demand for both its models — the SU7 and the YU7 — when launching them. Current waiting delivery time stands at a range of 38 to 52 weeks.
Recently, local outlet Lanjinger reported that the company is cutting delivery waiting times by up to two months.
According to the sales staff, the company now aims to ramp up delivery due to its increase in production capacity.
Xiaomi has delivered “over 40,000” vehicles in September, a record since the brand handed over its first EV in April 2024.
With deliveries above 30,000 in both July and August, third-quarter volumes surpassed 100,000 vehicles for the first time.
Considering the reported figures so far, the EV maker has delivered over 257,171 units between January 1 and September 30 — meaning it has completed 73.5% of its 350,000-unit goal.
Xiaomi recently announced it will issue an over-the-air (OTA) software update to fix a flaw in its advanced driver-assistance system, covering nearly 116,900 of its SU7 electric sedans.
On Monday, and following reports of a fatal accident involving a SU7 Ultra, Xiaomi‘s Hong Kong-listed shares have dropped nearly 9%, closing 5.7% lower at HK$49.08.
The vehicle failed to open its doors after the accident, trapping one person in the driver’s seat, which has intensified scrutiny of electronic car door handles.
Over the weekend, images of an upcoming vehicle surfaced on Chinese social media, showing what is rumoured to be the ‘Xiaomi YU9.’
The vehicle has an extended-range hybrid system, and measures 5,200 mm in length and 1,800 mm in height.
According to a research note from Deutsche Bank, the company is planning to launch a large D-segment hybrid SUV in 2026, which could be this vehicle.
