• This marks the first time Xiaomi EV monthly deliveries have surpassed the 40,000-unit mark.
• Customers ordering the SU7 now face wait times of up to 38 weeks for delivery, while the YU7 has a wait period of up to 48 weeks.

Xiaomi's (HKG: 1810) electric vehicle (EV) unit, Xiaomi EV, achieved record vehicle deliveries as production capacity expands.

Xiaomi EV delivered over 40,000 vehicles in September, the company announced today on Weibo without specifying exact figures, as it did previously.

It delivered a record 36,396 vehicles in August, with deliveries of the YU7 SUV (sport utility vehicle) nearly tripling from July, according to data compiled by CnEVPost.

Xiaomi officially launched the SU7 electric sedan on March 28, 2024, positioning it as a competitor to Tesla's (NASDAQ: TSLA) Model 3.

The YU7, Xiaomi's second model launched on June 26, is its first electric SUV and a competitor to the Tesla Model Y.

The YU7's launch triggered a surge in orders, placing unprecedented strain on Xiaomi EV's factory production capacity.

On September 25, a local media outlet reported that Xiaomi EV planned to dynamically optimize vehicle delivery cycles, significantly shortening the time from order placement to delivery.

The core reason for accelerated deliveries lies in rapidly increasing production capacity, Cailian cited sales personnel as saying.

Chinese customers ordering the SU7 now face wait times of up to 38 weeks for delivery, while the YU7 wait extends to 48 weeks, according to data monitored by CnEVPost.