Xiaomi's electric vehicle division, Xiaomi EV, has just announced the completion of its factory capacity ramp-up. The company previously set an ambitious target of 100,000 EV deliveries this year, but with the factory upgrade completed, it expects to meet this target by early November – nearly two months ahead of schedule.
This news comes after the successful launch of Xiaomi's first EV model, the SU7, which has already seen over 30,000 deliveries in just three months. July is shaping up to be another record month for the company, with projected deliveries of the SU7 expected to surpass 10,000 units. The car's enjoying enourmous popularity and we saw why in our short experience with it.
In the meantime the company is working hard to grow its sales and service network across China, targeting 220 sales stores, 135 service stores, and 53 delivery centers in 59 cities by December. This aggressive expansion is part of Xiaomi's strategy to make its EVs accessible to a broader customer base and solidify its presence in the rapidly growing Chinese EV market.
While the production ramp-up caused a minor pause of operations in July, Xiaomi's PR manager, Wang Hua, reassured the public that this wouldn't affect the company's delivery goals. The company remains confident in its ability to exceed 10,000 deliveries for the month and is on track to meet an even more ambitious year-end target.
'despite no deliveries' ah, schrödinger's china. on one hand, you have a user posting 'how smart is it to speed up production with so many existing safety and quality flaws? ' on the other hand, you have '...
all Chinese car manufacturers always have a few million cars on order year after year despite no deliveries, a systematic way to blow investors' money
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