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New luxury car receives 10,000 orders in minutes

Posted on March 1, 2025

Xiaomi’s new electric performance sedan, the SU7 Ultra, has achieved great sales success since its launch, reaching its annual sales target of 10,000 units in just 120 minutes after it went on sale.

CarworldXiaomi’s new electric performance sedan, the SU7 Ultra, is being discussed. The luxury vehicle sold out like hotcakes as soon as it was revealed.The Xiaomi SU7 Ultra was offered for pre-sale in October 2024 with a price tag of 814,900 yuan ($111,800). However, the sale price announced at the launch was announced as 529,900 yuan ($72,800), 35 percent lower than the pre-sale price. Although Chinese electric vehicle manufacturers usually aim to create demand by lowering prices at launch, Xiaomi’s big discount is noteworthy.




IT MADE A NAME FOR ITSELF WITH FAST SALES

Orders began at 22:00 on February 27 (China time). Xiaomi received 6,900 orders in the first 10 minutes and broke the 10,000 sales barrier in two hours. Customers can place orders by paying a deposit of 20,000 yuan ($2,700). This deposit can be refunded within a week, and the order is finalized after the deadline. A non-refundable deposit of 40,000 yuan ($5,500) is also offered for customers who want to receive their orders earlier.

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