Xiaomi Says It Hit 500,000 EV Sales Faster Than Tesla

BARCELONA — Xiaomi Corp. announced it delivered more than 500,000 electric vehicles by the end of 2025, reaching the milestone faster than Tesla Inc. did in the Chinese market.

Speaking at a product launch event here on Feb. 28, ahead of Mobile World Congress 2026, Xiaomi President Lu Weibing said the company's EV business exceeded expectations.

"We delivered more than 500,000 units cumulatively by the end of 2025. It took Xiaomi just over 600 days—608 days to be exact—to reach this milestone, which is a remarkable achievement," Lu said. "By comparison, it took Tesla 700 days to achieve the same milestone after entering the Chinese market."

China was once Tesla's primary EV market. While it remains a key market today, China accounted for a much larger share of Tesla's global production when the Shanghai Gigafactory was completed in 2019. At the time, Tesla faced virtually no competition in China's EV market.

Xiaomi launched its first EV model, the SU7, in March 2024. The sedan drew attention for its design resemblance to the Porsche Taycan.

The SU7 Ultra, Xiaomi's high-performance variant, was displayed outside the venue. At its launch last year, the company claimed the model surpasses the Porsche Taycan Turbo in acceleration and top speed, calling it "the world's fastest four-door production car."

Chairman Lei Jun has said, "The original intention behind the Xiaomi SU7 Ultra was to create a new luxury car befitting this era. Our goal is to match Porsche in performance, Tesla in technology, and BBA—Mercedes-Benz, BMW, and Audi—in luxury."

This year, Xiaomi unveiled a partnership with Gran Turismo. The company will design a Vision Gran Turismo concept car for the racing game series, becoming the 36th brand to join the virtual racing car project. Xiaomi said it is the first technology company to contribute to the collection of virtual dream cars created by leading automakers.

The Xiaomi Vision Gran Turismo is an electric hypercar designed with aerodynamics at its core. Its teardrop-shaped cockpit sits within a body structure featuring cutouts and air ducts that channel airflow throughout the vehicle.

Kazunori Yamauchi, producer of the Gran Turismo series, said, "I was deeply impressed that Xiaomi resolved the trade-off between low air resistance and high downforce."