Xiaomi’s YU7 Electric SUV Sees Massive Demand, Faces Year-Long Delivery Delays

                                     

Xiaomi's launch of the YU7 electric SUV has triggered overwhelming demand, with over 289,000 pre-orders place within the first hour. The vehicle's competitive pricing (starting at CN¥253,800 or approximately $29,800), 500-mile range, autonomous driving features, and integration with Xiaomi's smart ecosystem have made it a global sensation.

Key Points:

• Over 240,000 locked-in orders within 18 hours, including 120,000 non-refundable deposits.
• Delivery timelines:

                 YU7: 56-59 weeks

                 YU7 Pro: 50-53 weeks

                 YU7 Max: 37-40 weeks

• Xiaomi's current production capacity is insufficient to meet demand, with only 350,000 units. planned for 2025  
• Flexible financing options available: 12-60 months plans with down payments ranging from 15% to 85%.
• Xiaomi's website experienced outages due to high traffic following the launch.
• New orders are unlikely to ship before Q2 2025.