Xiaomi EV announced on Wednesday that its June deliveries continued to exceed 30,000 units, achieving the third consecutive month surpassing this figure. The company did not disclose a specific number, with detailed monthly figures expected to be released later by the China Passenger Car Association (CPCA).
Reviewing delivery performance year-to-date, January recorded the highest monthly total at over 39,000 units. However, February and March were impacted by the Lunar New Year holiday, with deliveries declining to approximately 20,000 units each month. Entering the second quarter, deliveries rebounded above the 30,000 mark.
Its core models, however, continue to face headwinds. According to CPCA data, the SU7 sedan delivered 24,023 units in May, down 14.24% year-over-year and marking the eighth consecutive month of year-on-year decline. The YU7 SUV, positioned as a rival to Tesla's Model Y, delivered 8,736 units in May, representing an 11.54% decrease from April and the fifth straight month-on-month decline.
Xiaomi adopted an aggressive product expansion strategy in late May, launching two new YU7 variants simultaneously. On May 21, the company introduced a new entry-level YU7 SUV priced from 233,500 yuan (approximately $34,380), aiming to significantly reduce the barrier to entry. The same day, Xiaomi unveiled the high-performance YU7 GT targeting the premium segment, starting at 389,900 yuan. The all-electric SUV features a dual-motor system delivering 990 horsepower and set a lap time of 7 minutes and 22.755 seconds at Germany's Nürburgring Nordschleife, becoming the fastest production SUV on the track.
Strong delivery performance is critical to Xiaomi's EV business viability. The company's innovative business segment recorded a 3.1 billion yuan operating loss in the first quarter. Xiaomi is also expanding beyond pure battery electric vehicles (BEVs). A regulatory filing last month showed the company received approval to manufacture extended-range electric passenger vehicles at its Beijing facility. Earlier reports suggested Xiaomi may launch a second brand called Skynomad, focused on the family extended-range SUV segment, with the first model planned for launch in the second half of the year. Such market entry would pit Xiaomi directly against Li Auto and Huawei-backed Aito, which currently dominate extended-range SUV sales in China.
As its product portfolio expands, Xiaomi pursues an ambitious annual target. The company has set its 2026 delivery goal at 550,000 units, representing approximately 34% growth from roughly 410,000 units delivered in 2025. To meet this target, Xiaomi must maintain strong sales momentum in the second half of the year. From January through May, Xiaomi EV total deliveries reached 150,317 units, up just 13.48% year-over-year.
