Here is the content rewritten for clarity and SEO:
## Xiaomi Delivers Over 20,000 SU7 Electric Vehicles in October
Chinese smartphone giant Xiaomi announced that it delivered more than 20,000 SU7 electric vehicles (EVs) in October as it ramps up production. The company reiterated plans to deliver 100,000 SU7 vehicles by the end of November.
Xiaomi, known for its smartphones and home appliances, first revealed plans to make cars in 2021 and began building a dedicated manufacturing plant the same year. The company released the basic version of the SU7, its first car, in late March for about $4,000 less than Tesla’s cheapest car, the Model 3, in China at the time.
The SU7 has proven popular, with Xiaomi delivering more than 75,000 units to date, including October’s figures. Chinese rivals Xpeng and Nio took about six years to produce 100,000 electric cars, while it took Tesla 12 years.
Xiaomi also announced it was taking preorders for the high-end sports version, SU7 Ultra, starting at 814,900 yuan ($114,304), ahead of a product release in March 2025. Within 10 minutes, the company received more than 3,600 preorders, each requiring a 10,000 yuan deposit.
The new model and its achievements on the Nurburgring race track in Germany will likely help Xiaomi sell more of its premium SU7 Max car, which costs just 299,900 yuan. Citi analysts now expect Xiaomi to deliver 250,000 cars next year, up from 238,000 previously forecast.
Tesla’s Model Y was the best-selling battery-powered electric car in China in September with 48,202 vehicles sold. Xiaomi’s SU7 ranked 17th last month with 13,559 cars sold. Xiaomi currently only sells its cars in China, and the company told CNBC earlier this year it would take at least two to three years for any overseas launch.
