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Xiaomi’s supercar expected to meet annual target overnight with over 10k orders

  • China's Xiaomi received over 10,000 orders for its supercar just two hours after the launch.
  • Xiaomi aims to sell 10,000 units of the SU7 Ultra sportscar priced from RMB 529,900 ($72,702) this year.
  • Analysts estimate the luxury sedan could sell over 50,000 units this year thanks to aggressive pricing.
  • The SU7 Ultra, with performance features comparable to Porsche and Tesla, is positioned at a lower price point.

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