Xiaomi’s EV buyers face up to seven-month wait for car, app shows

Apr 1, 2024 12:18 pm | News

By Yelin Mo and Brenda Goh

BEIJING (Reuters) – Xiaomi (OTC:) is advising would-be buyers of its new SU7 electric sedan that they could face an up to seven-month wait, its app showed on Monday, in a sign that the Chinese electronics maker is enjoying strong demand for its vehicle.

© Reuters. Visitors film around Xiaomi's first electric vehicle, the SU7, displayed at an event in Beijing, China December 28, 2023. REUTERS/Florence Lo/File Photo

Xiaomi began allowing consumers to place orders for its SU7 electric vehicle sedan on Thursday, after it announced the prices of the car which started at $29,870. On Friday night, it said pre-orders hit 88,898 in the first 24 hours.

Checks by Reuters on Xiaomi’s car app on Monday found that the firm is advising that delivery time for the company’s standard SU7 model could take 18-21 weeks, the SU7 Pro model 18-21 weeks, while the most expensive model, priced at 299,900 yuan, will take 27-30 weeks.

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