Xiaomi‘s co-founder and CEO Lei Jun said on Thursday that the tech giant’s EV unit has delivered 400,000 vehicles since the March 2024 debut.
The company has delivered over 100,000 vehicles in the third quarter, combining the “over 30,000” units announced in both July and August and a record “over 40,000” EVs in September.
Xiaomi discloses detailed delivery figures only in its quarterly earnings reports.
The EV maker delivered 136,794 vehicles in 2024 after beginning shipments in late March.
In the first half of this year, the brand handed over 157,171 vehicles in China, bringing total deliveries to more than 393,965 units as of September 30.
Xiaomi reached the 100,000-unit milestone in November 2024, just seven months after entering the market.
It took 119 days — roughly four months — to sell the next 100,000 units, nearly a year after the model’s debut. By July 2025, the company had delivered its 300,000th vehicle.
Earlier this year, Xiaomi raised its 2025 delivery target by 50,000 units to 350,000.
As of the end of September, the company was only 100,000 units away from achieving its annual goal, having reached 71.4% of the target.
Xiaomi is still ramping up production of both its debut model SU7 — for which waiting times have reached up to 52 weeks — and the recently launched YU7.
For that, the company is expanding its manufacturing operations in Beijing, where it is headquartered.
In June, the company announced that it had further secured a land parcel with 485,000 square meters (a size equivalent to 15.4 football fields) for the third phase of its EV plant.
Recently, local outlet Lanjinger reported that the company is cutting delivery waiting times by up to two months.
Speaking at the 2025 World Intelligent Connected Vehicle Conference, in Beijing, Lei Jun also noted that the company has invested 5.79 billion yuan (over $812.7 million) in intelligent driving development.
According to the chief executive, Xiaomi‘s intelligent driving team employs over 1,800 people at the moment.
At the conference, the company’s CEO stated that the intelligent connected vehicle era has two phases: electrification and intelligence.
While the first phase is largely complete, the second one is steadily progressing, with innovative technologies reshaping all aspects of the automotive industry.
He emphasized that the development of intelligent connected vehicles represents a historic opportunity and called for the industry to work together to build and share a new ecosystem.
Lei also urged companies to concentrate on technology and R&D while collectively combating malicious online PR and other digital misconduct.
Earlier on Friday, Nio also stated on Weibo that it “firmly supports and actively cooperates” with a special enforcement campaign launched by six government agencies in late September.
The new enforcement campaign targets defamation of automakers or their products and the use of AI to create and spread false content.
The Shanghai-based company has previously taken legal action against several social media accounts accused of spreading false information, similar to steps taken by other automakers like XPeng and BYD.
