In its first full year of production, Xiaomi came out of nowhere and outsold Tesla’s Model 3 in the critical Chinese market.
It even has a rear mini fridge, and since we are comparing it to Tesla, it also has a turn signal stalk.
It’s not too surprising to see why. The base Xiaomi SU7 starts at 20,000 Yuan cheaper (~$2,500 USD) than the Model 3 and offers a bigger battery pack with 10% more range, as well as many tech features that Tesla doesn’t provide, like a heads-up display.
The most unambiguous indication that the SU7 has taken over the Model 3 is the wait times.
Despite SU7 production already being higher than Model 3, you can get a Model 3 within “1-3 weeks” of ordering, while you have to wait “31-34 weeks” for a new SU7, according to Xiaomi’s online configurator:In January, Tesla sold about 8,000 Model 3s in China, while Xiaomi delivered more than 22,000 SU7 EVs. This trend is expected to continue.
How soon before Xiaomi comes out with a SUV to challenge Tesla model Y?