Xiaomi YU7 backlog appears to be easing as March deliveries jump
Xiaomi Auto’s March delivery data indicates the YU7’s massive backlog is starting to shrink, a sign that the company’s EV manufacturing ramp is finally closing the gap with demand.
Xiaomi Auto’s March delivery data indicates the YU7’s massive backlog is starting to shrink, a sign that the company’s EV manufacturing ramp is finally closing the gap with demand.
Xiaomi said locked orders for its updated SU7 sedan have surpassed 40,000, a sign that the company’s refreshed electric-car lineup is still attracting strong demand as it pushes deeper into the EV market in 2026.
Xiaomi’s car business has reached a key financial milestone. In its latest annual results, the company said its smart EV division turned profitable for the first time and set a 2026 delivery target of 550,000 vehicles.
Xiaomi said locked orders for its updated SU7 sedan have surpassed 40,000, a fresh signal that the company’s EV business remains a major growth engine as it prepares a wider 2026 model lineup.