Recently, during the Paris Olympics, the Xiaomi SU7 made its appearance on the streets of Paris, France. Netizens speculated that "Xiaomi SU7 is preparing to enter the European market." In response, Xiaomi officially stated that "there are no plans to sell cars in overseas markets in the near years." Lei Jun, the founder of Xiaomi Group, replied during a live broadcast, "We are striving to sell Xiaomi cars in Europe before 2030."
The official news source revealed that the Xiaomi SU7 spotted in Paris is one of the exhibits of Xiaomi's "All-in-One Human-Car-Home Ecosystem" special exhibition in Paris. Lei Jun responded to the export of Xiaomi cars during the live broadcast, "We are striving to sell Xiaomi cars in Europe before 2030." "Our goal is to be in the top five globally, so we will definitely go global at the right time."
According to previous plans, Xiaomi Automobile is preparing to become one of the top five global car brands within 15-20 years. Going overseas is a necessary condition to achieve this goal. In other products of Xiaomi Group, Xiaomi has made significant progress. According to Xiaomi's financial report for the first quarter of 2024, the overseas revenue of Xiaomi Group accounts for more than 50% of the total revenue, and the overseas sales volume of smartphones accounts for more than 70% of the total sales volume.
The Xiaomi SU7 has been on the market for more than three months and has delivered over 30,000 units. Lei Jun stated that the annual delivery target of 100,000 vehicles is expected to be completed by November.