Xiaomi's First Electric Vehicle SU7 Sold More Than Ford GM Combined
Mar 26, 2025
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SU7 popularity posted stronger-than-expected results, indicating that sales outpaced EV sales by U.S. big three manufacturers in 2024.
Xiaomi originally planned to sell 76,000 electric sedan SU7 units in 2024. It beat expectations and closed at a whopping 136,854 units in 2024.
Let's compare it with some data to gauge how impressive that figure is.Specifically, it is Ford and GM, which sell electric vehicles in China. Ford's only electric vehicle sold in China in 2024 is the Mustang Mach-E.
Ford sold just 999 Mach-E units, according to CarNews China figures. GM, which sells Buick, Cadillac and Chevrolet brands in China, sold 69,403 EVs from three brands. It sold 33,630 units in a joint venture between GM and Bao.
GM is selling well through a joint venture.However, its own brand does not sell well. For Ford and GM, the U.S. is the main market rather than China. Let's compare it to U.S. sales.
Ford sold just over 97,000 electric vehicles in the United States last year. These include Mustang Mach-E, F-150 Lightning, and E-Transit models.
Source:insideevs
GM sold 114,400 EVs in the U.S. Key models include the Chevrolet Blazer, Equinox, Silverado EV, Cadillac Lyric, Optic, GMC Hummer, and Sierra EV.
The impressive thing is that Xiaomi has sold more EVs in China than all other automakers that sell EVs in the Chinese and U.S. markets. These include Audi, BMW, Kia, Mercedes Benz, Nissan, Polestar, Toyota, Volkswagen and Volvo. Only Tesla and Volkswagen were ahead of Xiaomi.
Source:insideevs
As a result, Xiaomi SU7 has become incredibly popular.The starting price of less than $30,000 has caused consumers to line up. And high-performance limited-production trims such as SU7 Pro have been sold out in 2025. Xiaomi explained that "150,000 vehicles are currently waiting to be delivered.".
The Chinese EV market is large, but competition is getting more and more overheated. Not only does China have over 130 different EV brands, but competition is so fierce that automakers must have innovative elements.
The success of companies like Xiaomi highlights a greater shift in the global automotive market. Chinese EV companies are accelerating their global expansion as they grow based on domestic demand. Right now, Xiaomi will start selling in Europe this year. Xiaomi's entry into Korea is undecided so far, but it is expected to meet Xiaomi's electric vehicles in Korea within three years.
Editor Song Moon-cheol mc.song@carguy.kr
This article was translated by Naver AI translator.
