Xiaomi, who recently entered the electric car arena, surpassed the two American car giants in Ford and General Motors in the Chinese market.
Sales statistics in the Chinese market show that Xiaomi, despite just one car model, recorded performance beyond expectations and better than Ford and General Motors.
Xiaomi is rapidly taking over the market share, focusing on the weaknesses of traditional carmakers. In less than a year of operation, the Chinese company managed to sell more electric cars in China in year 2 than Ford and General Motors.
The SU7 electric sedan has been welcomed by customers and has topped Xiaomi at the top of the electric car sales chart. According to reports, the company was able to sell 4.3 units last year.
To better understand this success, it can be noted that Ford Mustang Mach-E, the second best-selling electric car in the United States in year 2, sold only 5 units in China. Also, other US electric models, including the F-150 Lightning and E-Transit, have not been released in the Chinese market.
General Motors, overall all of its subsidiary brands, managed to sell 2.5 electric cars in the Chinese market. However, the company’s Chinese partners’ performance was much better, with Baojun and Saic-Wulin brands sold 2.3 and 2.3, respectively. The sale of the Ford and General Motors’ electric cars in the US market was about 2.5 and 2.5 units, respectively.
The emergence of Xiaomi as an electric car maker is a remarkable event. The company’s SU7 model, which is priced at less than $ 4.9, was able to sell the first 2.5 units in just 2 days. Interestingly, it took only two days to double this figure. The company has very intensive programs ahead with the aim of delivering 4.3 units a year. The SU7 Pro model is fully pre -sold for year 6, and the YU7 chassis will be launched in June or July.
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