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Xiaomi's SU7 Outsold All EVs Made By Ford And GM In 2024
- Xiaomi has sold over 200,000 SU7s since March 2024, with nearly 137,000 units sold in the same year, outstripping Ford and GM's EV sales globally.
- The shift from smartphones to electric cars has been a successful move for Xiaomi, especially with the popular SU7 in China.
- In 2024, Xiaomi exceeded its delivery target of 76,000 SU7s, selling 136,854 units in its first mass delivery year in China.
- Xiaomi's SU7 sales in China surpassed Ford's 999 Mustang Mach-E sales and GM's 69,403 units from Buick, Cadillac, and Chevrolet combined.
- In the U.S., Xiaomi's EV sales topped Ford's 97,000 units and GM's 114,400 units, challenging established automakers.
- Xiaomi sold more EVs in China than many other automakers like Audi, BMW, and Mercedes-Benz, with exceptions being Tesla and Volkswagen.
- The success of Xiaomi in the competitive Chinese EV market highlights the brand's global potential in the automotive industry.
- With demand exceeding supply, Xiaomi's success, especially with the SU7 model, could pose a challenge to traditional automakers globally.
- China's booming EV market presents challenges for international automakers, pushing for innovation and adaptation to meet consumer preferences.
- Xiaomi's achievements indicate a significant transformation in the automotive sector, with China emerging as a key player on the global stage.
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