Qian Zhan Wang·2026-01-14 07:19Core Viewpoint - Xiaomi's SU7 has emerged as a strong competitor in the electric vehicle market, achieving significant sales and challenging Tesla's dominance, particularly with the Model 3 [1][4]. Group 1: Sales Performance - In 2025, Xiaomi's SU7 is projected to reach retail sales of 258,000 units, leading the market for sedans priced above 200,000 [3]. - Tesla's Model 3 is expected to sell 200,000 units in the same year, ranking fifth in the same category [3]. - Xiaomi's YU7, launched six months ago, is anticipated to sell 39,000 units by December 2025, ranking third behind Tesla's Model Y, which is projected to sell 65,800 units [3]. Group 2: Production and Delivery - Xiaomi's SU7 has delivered over 360,000 vehicles in just 1 year and 9 months, averaging more than 17,000 units per month, indicating strong production capabilities and market acceptance [4]. - In 2022, Xiaomi's total vehicle deliveries exceeded 410,000, with December alone surpassing 50,000 units [4]. - The company has set an ambitious delivery target of 550,000 units for 2026 [4]. Group 3: Competitive Landscape - Tesla remains a dominant player in the global electric vehicle market, with a diverse product lineup and extensive supercharging network, but is facing growth challenges [4][9]. - In 2025, Tesla's total electric vehicle sales are projected to decline by over 8% to 1.636 million units, with a significant drop in market share [9]. - The competition in the electric vehicle market is intensifying, with companies like BYD and Geely also gaining market share, highlighting the need for continuous innovation and quality improvement [9].