Tesla Rival Xiaomi Wants To Sell Cars Internationally Starting 2027, CEO Lei Jun Says

Benzinga
2025.07.03 11:16
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Xiaomi Corp. plans to sell its electric vehicles internationally starting in 2027, as announced by CEO Lei Jun during a livestream. Currently focused on domestic sales of the SU7 sedan and YU7 SUV, Xiaomi's YU7 SUV has already garnered nearly 300,000 orders in under an hour. The company is navigating a competitive EV market in China, where it faces challenges from rivals like Tesla and BYD. The future expansion into international markets remains uncertain, with potential targets including Asia and Europe.