
We have now some information on the extraordinarily in style Xiaomi SU7 — good & unhealthy. We even have some information on the Xiaomi YU7 — solely excellent news on this one. Let’s leap into it.
Xiaomi SU7 — Unhealthy & Good Information
The Xiaomi SU7 is promoting like popcorn at a movie show. We additionally now have some attention-grabbing particulars on the numbers from Xiaomi.
75,869 models of the SU7 have been offered in Q1 2025. Meaning 258,000 models have been offered since deliveries started in April of final 12 months.
Xiaomi made 18.6 billion yuan ($2.58 billion) in income from its EV and AI innovation enterprise division within the first quarter of 2025 — 18.1 billion yuan ($2.51 billion) from EVs and 500 million yuan ($69 million) from associated companies.
The EV and AI innovation enterprise division made a gross revenue margin of 23.2% within the quarter, which is a few of the excellent news, however the division additionally ended up with an working lack of 500 million yuan ($69.4 million), a few of the unhealthy information. That interprets to a median lack of 6,500 yuan ($903 million) per car in Q1 2025.
Now, for some extra excellent news: that’s an enormous enchancment from 45,000 yuan ($6,250) per car in 2024. So, Xiaomi has made a number of progress in chopping working losses per car produced, and ultimately reaching a per-vehicle revenue. It’s even attainable the corporate achieves an working revenue in Q2 2025.
“Addressing the losses, Xiaomi Group Accomplice and President Lu Weibing beforehand defined that the corporate’s automotive enterprise remains to be in its early levels and hasn’t but achieved adequate scale. He famous that heavy preliminary investments and price allocation led to early-stage losses with self-built factories and proprietary core applied sciences, following the sample seen throughout the electrical car trade. Lu predicted that as supply volumes improve, losses will proceed to slender as economies of scale change into extra obvious,” CarNewsChina summarized. In addition they indicated that internet working income could possibly be coming in Q2.
The Coming Xiaomi YU7
Extra excellent news: the corporate’s subsequent EV mannequin, the YU7, has much more demand than the SU7 had earlier than launch. “As of Could 25, the variety of customers offering contact data after the ‘YU7 Know-how Launch Occasion’ was roughly 3 times increased than for the SU7’s launch occasion throughout the identical interval,” CarNewsChina shares. Take into account it one thing just like the Tesla Mannequin Y in comparison with the Tesla Mannequin 3.
The YU7 is coming in July. It is going to have a beginning value of 245,900 yuan ($34,130). The present Tesla Mannequin Y begins at 263,500 yuan ($36,575).
4 Lovely Xiaomi SU7s … Crash
Lastly, it’s unlucky to notice that 4 models of the Xiaomi SU7 have been concerned in a crash this week. They have been a part of a marriage social gathering — it’s apparently in style to used the SU7 for marriage ceremony events due to how cool they’re and their enticing number of shade choices. Sadly, within the marriage ceremony social gathering in Hefei, Anhui Province, the automobile on the entrance of the convoy braked shortly, resulting in the one behind it crashing into the again, and the one behind that crashing into it, and the one behind that one crashing into it.
Now, the query right here so far as a broader level is whether or not the emergency braking function within the automobile is insufficient. That’s a risk. Nevertheless, it’s presumed that the vehicles have been simply touring too intently, and it’s been suggested that marriage ceremony events utilizing convoys of vehicles like this don’t have them following so intently. That looks as if sensible recommendation on the whole, not only for marriage ceremony events utilizing the Xiaomi SU7 in China.
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