Lei Jun, the company’s CEO, said that the company plans to increase sales to 300,000 units in 2025.

To achieve these goals, Xiaomi continues to expand its EV production capacity. In Beijing, construction of the second phase of the facility, which will be operational in June 2025, is being completed. The plant will produce up to 300,000 cars per year.

This year Xiaomi will already present its new flagship SU7 Ultra, as well as its first crossover YU7. The SU7 Ultra will go on sale in March 2025, priced around RMB 814,900, while the YU7 will be released in the summer.

Source: Ferra

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