Chinese Tech Giant Xiaomi Ships 26,000 Electric Sedans in New Market Push

Chinese technology company Xiaomi announced Friday that it has shipped 26,000 units of its new SU7 electric sedan series since the vehicle’s March debut.

Speaking to reporters at the Beijing Autoshow, Xiaomi Chief Executive Officer Lei Jun revealed that the company had secured 60,000 confirmed orders for the next-generation SU7 sedans through April 23. Jun also announced plans to unveil the company’s YU7 GT series by the end of May.

The Chinese electronics manufacturer, which has built a massive consumer base in China, is now directly competing with Tesla as it pursues a high-end approach in the electric vehicle sector. The company has set its sights on expanding into the European market next year, marking its initial international expansion effort.