Xiaomi Just Delivered Its 500,000th Car, And It’s Only Been 20 Months

Xiaomi started selling cars in April 2024. Yesterday, they handed over the 500,000th one. That’s not a typo. In less than two years, the phone company has become a proper car maker, and right now it’s the fastest-growing EV brand in China.

The car that got the golden key was a YU7 Max in Emerald Green. 760 km range, 0-100 in under 3 seconds, and it looks properly good. People on Weibo lost their minds when the photos dropped.

November Alone Was Over 40,000 Cars

October was almost 49,000.

November topped 40,000 again.

That’s more cars in one month than most new brands sell in a whole year. And for the first time, the YU7 crossover beat the Tesla Model Y in monthly sales in China. Let that sink in. Xiaomi – the company you know for cheap phones and rice cookers, just took the crown from Tesla in the world’s biggest EV market.

Total YU7 deliveries have already passed 70,000, and the model only launched a few months ago.

Waiting Times Are Finally Coming Down

Early SU7 buyers were waiting 6 to 8 months. Some orders from March 2024 were only delivered in October 2025. Xiaomi heard the complaints and opened a second factory. Now most versions are down to 8–16 weeks, and the hottest YU7 trims are around 20 weeks. Still not ideal, but a massive improvement.

The Money Numbers Are Even Crazier

Q3 2025 revenue jumped 22% year-on-year.

Net profit shot up 81%.

Xiaomi is spending a huge amount on R&D. They’re not just assembling cars; they’re building the tech themselves. Batteries, motors, self-driving chips, everything. And it shows. The SU7 Ultra lapped the Nürburgring faster than a Porsche Taycan Turbo GT. People laughed when Xiaomi said they wanted to beat Porsche and Tesla. Nobody’s laughing now.

2025 Target Already Smashed, So They Raised It

The original plan for 2025 was around 300,000–350,000 units. They blew past that months ago. The new goal is now “over 400,000” for the full year, and at the current run rate (45k+ per month), they’ll probably end up closer to 550,000.

That would make Xiaomi the fourth-biggest EV seller in China this year, behind BYD, Tesla, and maybe Li Auto. From zero to top four in basically one full year of sales. Insane.

International Launch Coming in 2027

Xiaomi already said the first overseas markets will be Europe, starting in 2027. The cars are left-hand drive ready, they have already passed some EU crash tests quietly, and the charging standard works with CCS2. When they land, they’ll probably price the SU7 around €45,000–50,000 and the YU7 around €55,000. At those prices, with that tech and that performance, Tesla and the Germans are going to feel real pressure.

The Simple Truth

Xiaomi didn’t just enter the car market.

They came in swinging, priced aggressively, delivered fast, and actually made cars people want to buy. No long speeches about saving the planet, just good products at sharp prices.

500,000 families are now driving a Xiaomi. Most of them traded in their BMWs, Audis, or Teslas to do it.

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