Xiaomi has pulled off a stunner in the EV world: its SU7 outsold Tesla’s Model 3 in China by a whopping 10,000 units. From April 2024 to January 2025, Xiaomi sold 22,897 SU7 models, while Tesla managed just 8,009 Model 3s. Not bad for a company that’s never made a car before. In just a year, Xiaomi has gone from zero to hero in China’s fiercely competitive EV market.
Tesla, once the darling of Chinese EV buyers, is losing its shine. The Model 3, once a symbol of cutting-edge electric mobility, is slipping down the sales charts. Even Tesla’s revamped Model Y couldn’t stop the bleeding, with overall sales in China plummeting by 51.47% in January. Meanwhile, Xiaomi is gearing up to launch its second EV, the YU7 SUV, which will take aim at Tesla’s Model Y and premium rivals like Mercedes-Benz and Porsche. The battle for China’s EV market is heating up, and Tesla is feeling the heat.
But Xiaomi isn’t stopping there. At Mobile World Congress in Barcelona, Xiaomi’s President William Lu announced plans to bring its EVs to global markets “within the next few years.” The company also unveiled the SU7 Ultra, a high-performance beast with 1,517hp that’s breaking lap records at the Nurburgring. Priced at 529,000 Chinese yuan (around 72,627),itundercutsPorsche’sTaycanTurboGTbyover200,000 while offering race-ready performance that leaves Tesla’s Plaid models in the dust.
With a driving range of 510 miles, 691hp, and cutting-edge tech like Lidar-based autonomous driving, Xiaomi’s EVs are redefining value for money. And let’s not forget the looks—these cars are sleek. As Xiaomi’s share price hits all-time highs, it’s clear the company is charging full speed ahead. Tesla, meanwhile, has some serious catching up to do.
