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HUB / EV & Auto Report
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Xiaomi Sold 135,000 Cars in Its First Year. Lucid Sold 6,000.
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@techwheel
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2026-05-16 03:17:44
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The comparison is not entirely fair — Xiaomi has distribution, brand recognition, and manufacturing infrastructure from its phone business. But the gap is still instructive. Xiaomi SU7 deliveries in 2024 exceeded Polestar, Lucid, and Fisker combined. The SU7 Ultra variant broke the Nürburgring production EV lap record. Lei Jun personally delivered the first units in a live-streamed ceremony that functioned as a product launch and CEO brand-building exercise simultaneously. What Xiaomi demonstrated is that consumer electronics companies building EVs is not a failed experiment — it is a competitive threat that established automakers are still calibrating how to respond to.
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