EV newcomer Xiaomi rolls its 100,000th SU7 off its assembly line… in a mere 230 days
We say it all the time. Scaling is hard. However, that doesn’t appear to be an issue for Xiaomi Automobile, the new EV business arm of consumer electronics giant Xiaomi Corporation. According to a recent social media post by Xiaomi’s founder, the automotive division has built the 100,000th example of its flagship SU7 EV in a blistering 230 days since its launch.
We have to point this out every time, but it’s only been three years since Chinese tech giant Xiaomi announced it was venturing into bespoke EV manufacturing, and it continues to move at a pace most young OEMs could ever dream of.
The electronics specialist wielded all of its experience and manufacturing power behind developing and eventually producing its flagship model, the Xiaomi SU7 EV. After faster-than-expected development, Xiaomi launched the SU7 in late 2023 and quickly secured over 50,000 orders in the first 27 minutes it went on sale.
Although Xiaomi initially targeted building 60,000 EVs in 2024, the SU7’s impressive demand led the young automaker to bolster production to keep up. After the launch, the tech giant shared that it had already built 10,000 EVs in a blistering 32 days but would need to continue ramping up to keep up with its growing order books.
By July, Xiaomi said those bolstered production lines were complete, hinting at the prospect of doubling its initial production targets for the year. Today, Xiaomi’s founder shared that the company has hit 100,000 EV builds earlier than expected and could reach 120,000 units before 2025 arrives.
Xiaomi SU7 already on the cusp of 100K deliveries
Xiaomi founder Lei Jun shared a SU7 progress update on his Weibo page today, relaying that the automotive division’s flagship model has surpassed 100,000 builds, accomplishing the feat in just 230 days. Per Jun’s post:
Netizens urged me to go to the factory to tighten the screws. Actually, I go there often. I arrived early this morning. I came too early and took a nap in the workshop.
Unexpectedly, when I woke up, 100,000 units had been completed!
From the release of SU7 to today, it took us only 230 days to produce 100,000 units! As a newcomer in the automotive industry, this speed is already very remarkable. We will hold a ceremony for the 100,000th unit to come off the production line later.
These builds aren’t just sitting around on lots around China, either. Xiaomi Automobile shared that the SU7 builds are also quickly making their way to customers, and it expects to hit its 100,000th delivery later this month.
The SU7 is offered in three versions: Standard, Pro, and Max, starting at RMB 215,900 ($29,850), RMB 245,900 ($34,075), and RMB 299,900 ($41,550), respectively. Xiaomi has since unveiled a tri-motor performance version called the SU7 Ultra, which is expected to hit the market in 2025. It also plans to launch a second flagship model to compete with the Tesla Model Y.
With 100,000 SU7 builds now complete, Xiaomi could very well hit its revised target of 120,000 units for 2024, which would entail doing so in less than 275 days since launch.
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Leading electric vehicle analyst, author, and industry thought leaders Loren McDonald and Bill Ferro stop by Quick Charge to discuss EV Adoption’s acquisition by Paren, the “crisis” of EV charging reliability, and the real state of the EV market.
Depending on who you listen, EVs are either driving brands to record growth and are about cross that critical 10% of the overall market nationwide, or the future is bleak, the market is down, and EVs just aren’t selling. What’s really going on? Loren and Bill (probably) have some answers.
Today’s episode is sponsored by BLUETTI, a leading provider of portable power stations, solar generators, and energy storage systems. For a limited time, save up to 52% during BLUETTI’s exclusive Black Friday sale, now through November 28, and be sure to use promo code BLUETTI5OFF for 5% off all power stations site wide. Click here to learn more.
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Read more: All my favorite EVs, racecars, and robots from Electrify Expo Austin.
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Chevy EV owners in Texas who have Reliant as their electric utility can now charge for free at night with renewable energy.
Over 150 Chevrolet dealerships across Texas are now offering the Reliant Free Charge Nights plan to new EV buyers. With Free Charge Nights, customers can offset their charging costs by receiving credits for electricity used between 11 pm and 6 am. The plan is powered entirely by renewable energy, thanks to the purchase of renewable energy certificates (RECs).
Rasesh Patel, president of NRG Consumer, says the plan is about making power personal: “We’re excited to help Chevrolet EV drivers offset the cost of charging their vehicle all while having access to a renewable electricity plan.”
This collaboration aims to make EV adoption more appealing by making charging cheaper and greener. GM Energy’s chief revenue officer, Aseem Kapur, emphasized that partnerships like this help build the ecosystem needed to support an all-electric future: “The Reliant Free Charge Nights plan is a great example of how an automaker and an energy company can work together to make EV adoption an easy decision.”
Existing Reliant customers can also sign up for the Free Charge Nights plan. To get started, Chevrolet EV owners need to designate their vehicle on the GM Energy Smart Charging Portal before enrolling in the plan.
Reliant Energy, a subsidiary of NRG Energy, serves over 1.5 million customers in Texas, making it one of the largest electricity providers in the state.
Read more: Texas to get 1 GW AI-powered virtual power plant, enough to power 200,000 homes
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Texas is about to get a major power boost – a new AI-powered virtual power plant (VPP) delivering capacity equivalent to 200,000 homes during peak demand.
NRG Energy is teaming up with Renew Home to bring nearly 1 gigawatt (GW) of capacity to the Texas grid by 2035, aiming to make it more resilient while helping residents save on energy costs.
The new VPP will rely on hundreds of thousands of smart thermostats and other connected home devices, making use of AI technology provided by Google Cloud. These devices, like Vivint and Nest smart thermostats, will be offered to eligible customers at no cost. By automating HVAC adjustments, they help shift energy use to when electricity is cheaper, cleaner, and less strained.
NRG and Renew Home have big plans for the VPP. Starting in spring 2025, the companies plan to roll out the program across Texas, installing these smart thermostats in homes served by NRG’s retail electricity providers. Eventually, they plan to add home battery storage and EVs to expand the power plant’s capabilities.
Texas has faced record-breaking energy demands, with peak usage hitting 85 GW in 2023. As the state’s population grows and extreme weather becomes more frequent, VPPs like this one could play a key role in stabilizing the grid. VPPs aggregate a lot of small-scale energy resources, from smart thermostats to home batteries, and use them to help balance supply and demand during times of high stress on the grid.
This nearly 1 GW VPP will be one of the largest of its kind in Texas. NRG’s president of consumer operations, Rasesh Patel, calls it a “pivotal step” for improving customer experience while making Texas’ energy infrastructure more sustainable and resilient.
In addition to Renew Home, NRG is working with Google Cloud to maximize the power plant’s effectiveness. Google Cloud’s AI and analytics tools will help predict weather conditions, forecast renewable generation, and optimize energy usage, all of which will help make energy management smoother for both customers and the grid.
Ben Brown, CEO of Renew Home, said:
NRG’s commitment to creating a more resilient and sustainable energy future while also making electricity bills more affordable makes them an ideal partner for co-developing this unique VPP program.
This initiative raises the bar for future-proofing our electricity infrastructure and delivering cost savings to customers.
Read: Chinese solar giant Trina sells its Texas factory a week after it opens
To limit power outages and make your home more resilient, consider going solar with a battery storage system. In order to find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and you share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*
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