The success of the Xiaomi car is already evident. Although the sales figures are still far from those of established manufacturers, the number of reservations (more than 100,000 in the first month alone) has exceeded even the most optimistic figures expected from the company.
In fact, this success became a “problem” for Xiaomi, which had serious difficulties meeting demand. For this reason, last month, Lei Jun, CEO of Xiaomi, announced that he was going to focus only on improving the production of the Xiaomi SU7 before talking about new models.
This bet is paying off, and Xiaomi has already accelerated the production rate from 10,000 units per month, to no less than 18,000 units per month, with an increase in orders to distributors of 80%. Despite this, the waiting list is still 30 weeks, although this should change in the coming days, with the first deliveries of the Max and Pro models of the Xiaomi SU7.
Xiaomi’s second car
This improvement in production finally gives Xiaomi the opportunity to start thinking about its next car; and according to the latest leak, the design process is already very advanced. As revealed Bloombergthe company’s internal plan currently consists of launch the new Xiaomi car in 2025; However, production might not begin until the final months of 2025, so it’s possible the launch could take place in early 2026, around two years after the SU7 launches.
This would leave a large enough margin for Xiaomi to meet the strong demand for the SU7. The key to producing the second electric car will lie in the opening of the second phase of its factory in Beijingwhich is planned for next year.
Therefore, Xiaomi’s priority continues to be on the production of the SU7, but it is already taking the necessary steps to add a second model; and this is important, because this second model will be designed to compete directly with the Tesla Model Yone of its most popular electric cars.
Xiaomi’s second model would be an SUV, a larger and more practical car, especially for families, and that makes a lot of sense. If the sedan is the most popular type of car among electric brands, it is quite the opposite among traditional manufacturers, who have mostly abandoned this format in favor of SUVs.
In addition to the SUV, a local media outlet, 36kr, recently published a leak claiming that Xiaomi is also preparing a new, even cheaper model. This could be the Redmi car, the possibility of which has not been denied by the new leader of the cheap Xiaomi brand.