Chinese technology company Xiaomi reported a notable decrease in electric vehicle sales for February, announcing deliveries exceeded 20,000 units compared to more than 39,000 vehicles sold the previous month.
The company shared the delivery figures through a statement posted on its official Weibo social media platform on Sunday. Xiaomi, widely recognized for manufacturing smartphones and consumer electronics, entered the electric vehicle market in 2024 with the debut of its Speed Ultra 7 sedan, commonly known as the SU7.
Despite the monthly decline in deliveries, the tech giant indicated it is currently working to ramp up large-scale manufacturing of an updated version of its SU7 electric sedan model.
