Xiaomi’s Electric Sedan, the SU7, Heats Up the Market with Long Wait Times!

Xiaomi’s foray into the electric vehicle (EV) market is off to a scorching start! Their new SU7 electric sedan has generated so much buzz that potential buyers are facing wait times of up to seven months.

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Here’s the scoop on the SU7’s hot reception:

  • Lightning-Fast Sales: Orders opened on Thursday, and within 24 hours, a whopping 88,898 pre-orders were placed!
  • Sold-Out Special Editions: To celebrate their launch, Xiaomi offered two special “Founder’s Edition” versions. These limited-edition beauties sold out instantly, with the first batch of 5,000 units vanishing in a flash.
  • Long Wait Times: A peek at Xiaomi’s car app reveals delivery estimates ranging from 18 to 30 weeks, depending on the model. This wait signifies the immense demand for the SU7!

The excitement doesn’t stop there. Xiaomi’s CEO, Lei Jun, announced on Weibo that a second round of sales for the Founder’s Edition is coming soon (quantity yet to be revealed). He also reassured buyers that the company is actively preventing scalping and ensuring a fair ordering process.

Xiaomi’s confidence in their product is evident. They built a factory in Beijing with a production capacity of 200,000 cars annually, even before receiving official manufacturing approval! This move highlights their commitment to becoming a major player in the EV market.

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