
Xiaomi EV delivers 32,759 vehicles in May as YU7 continues to slide

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Xiaomi EV delivered 32,759 vehicles in May 2026, up 16.94% year-on-year but down 10.74% from April. The SU7 sedan saw its eighth consecutive monthly decline, while the YU7 SUV fell for a fifth straight month. To counter this trend and boost market share against Tesla, Xiaomi launched new YU7 variants in late May, including a lower-priced base model and a high-performance GT version. Despite Q1 operating losses, Xiaomi aims for 550,000 annual deliveries in 2026.
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