Xiaomi co-founder and CEO Lei Jun announced on Tuesday that the Xiaomi‘s SU7 Ultra has become “the fastest electric production car in Nürburgring history.”
Driven by Vincent Radermecker, the high-performance sedan completed a lap in 7 minutes 4.957 seconds on April 1.
The brand had already broken a record with the model’s prototype with a lap time of 6’46″874. Xiaomi started testing the “mass-production version” in early May.
Over the weekend, the brand also announced that the model will be featured in Gran Turismo 7, a game which will be available for Playstation.
The version of the model will be included through a partnership between Xiaomi and Polyphony Digital, the developer of Gran Turismo. The SU7 Ultra is the first Chinese vehicle to be included in the franchise.
Amid a price war triggered by BYD in late May, the China Association of Automobile Manufacturers (CAAM) issued a proposal urging NEV companies to uphold fair competition and avoid selling vehicles below cost.
CAAM warned that excessive price-cutting has disrupted normal business operations and jeopardized supply chain stability. Many suppliers have voiced concerns about delayed payments, often far exceeding the 60-day limit set by regulation.
In response, several Chinese automakers pledged compliance with the 60-day payment period for suppliers, including Geely Auto, BYD Group, XPeng Motors, Xiaomi Auto, Li Auto, Leapmotor, Nio Group, among others.
According to data shared on Chinese social media this Tuesday, Chinese tech giant Xiaomi‘s weekly registrations dropped by 43.6% to 4,400 vehicles from June 2 to 8.
The Beijing-based company’s EV unit registered its lowest sales figures since mid-February.
Xiaomi kept registrations between 5,000 and 8,000 units for seventeen consecutive weeks.
Huawei-backed Aito and Stellantis-backed Leapmotor were the leading newcomers when it comes to new energy vehicle (NEV) brands, having sold 8,800 units each. Li Auto followed with 8,300 vehicles.
XPeng sold 4,200 units, which represented a drop of 42.5% when compared to the last week of May — also its lowest weekly registrations since the beginning of February.
Premium brand Zeekr registered 3,200 units between June 2 and 8, while its competitor Nio brand sold 2,600 vehicles. Nio Group’s sub-brand Onvo listed 1,200 units, while the recent Firefly brand recorded 510 — nearly half from the previous week.
BYD sales reached 54,900 units last week, while U.S. brand Tesla registered 8,634 EVs.
The Model 3 sedan represented 2,600 of the total units the company sold in China last week, while its competitor SU7 listed X.
Since the start of the quarter, registrations of the two models were equally distant week to week — until figures from the third full week of May exposed wider gaps.
In the last week of May, Xiaomi‘s SU7 sold nearly three times more units than Tesla‘s Model Y. However, the first week of June reduced the gap between the two.
As the company prepares for the launch of its second model, the YU7 SUV, co-founder and CEO Lei Jun stated last week that he expects Xiaomi‘s EV unit to “turn profitable” by the second half of this year.
The chief executive said on Monday that the YU7, which is expected to launch in July, is already being shipped to select stores in China.
Customers can schedule in-store appointments across more than 30 cities, including Beijing, Shanghai, Hangzhou, Chengdu, Guangzhou, Shenzhen, among others.
