Xiaomi SU7 Buyers Could Wait for 4-7 Months Before Delivery Amid Strong Demand. Although Xiaomi started taking orders for their SU7 electric sedan on Thursday, pre-orders have already hit 88,898 in the first 24 hours.
Xiaomi is warning and alerting prospective customers of its SU7 electric automobile that they may have to wait four to seven months due to a significant influx of orders. This indicates that there is strong demand for Xiaomi’s first-ever vehicle.
The regular SU7 model, which costs CNY 215,900 ($29,870) may take 18 to 21 weeks to arrive, according to Reuters’ checks on Xiaomi’s auto app.
The SU7 Pro model may take 18–21 weeks to arrive, while the most costly model—which costs CNY 299,900 may take 27–30 weeks.
The SU7 has been introduced amid a fierce pricing war in the largest auto market in the world, where over 40 companies compete for the attention of consumers. Its design has garnered similarities to Porsche’s Taycan and Panamera sports car models.
On Monday, Xpeng announced a limited-time offer of up to CNY 20,000 in subsidies for its flagship electric SUV G9, while Huawei-backed Aito provided discounts of up to CNY 20,000 on its new M7 SUVs through the end of April.
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Furthermore, Chery declared that it would provide cash discounts, trade-in incentives, and tax exemptions on a number of its best-selling gasoline-powered cars.
Analysts have pointed out that although the market is difficult for newcomers, Xiaomi has more resources than many other EV startups and an advantage in smart dashboards—a feature that is highly valued by Chinese consumers—due to its experience with smartphones.
Xiaomi also unveiled two limited-edition “Founder’s Edition” models of the automobile, which have refrigerators as free gifts, as part of the effort to start sales. The initial 5,000 vehicles were sold out right away.
The number of Founder’s Editions up for grabs was not immediately apparent, but sales have opened for a second round.