Xiaomi’s Massive Waitlist Has CEO Suggesting Tesla To Frustrated Buyers

  • Many Xiaomi buyers have started to complain about the Yu7’s long waiting times.
  • Customers need to wait an average of 56-59 weeks to take delivery of their SUV.
  • The brand’s CEO urged buyers to consider other Chinese-made EVs to avoid delays.

The Xiaomi YU7 may have only recently launched, but it’s already proving to be so popular that the company can’t keep up with demand. The situation has escalated to the point where the brand’s founder is recommending potential customers check out rival electric vehicles instead.

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Read: A 60-Week Waitlist Just Made Xiaomi’s SUV A Flippers Goldmine

Xiaomi unveiled its rival to the Tesla Model Y in June, and within 18 hours it had received roughly 240,000 orders. Given the extraordinary demand, new customers are being told they’ll need to wait an average of 56-59 weeks before taking delivery. While many may not have an issue with this, others have started to complain about the long waiting times.

Redirecting Demand

Writing on social media in response to the growing complaints, Xiaomi chief executive Lei Jun suggested shoppers in need of an EV urgently would be wise to consider other Chinese-made EVs. “If you need to buy a car quickly, other China-produced new energy vehicles are pretty good,” he wrote. Among Jun’s recommendations were the Xpeng G7, Li Auto i8 and, perhaps surprisingly, the Tesla Model Y, the electric SUV the YU7 is gunning for.

Yet Jun seemed to be perfectly fine with potential customers choosing Elon Musk‘s product instead: “The Model Y is a great car, and Tesla also announced a number of promotions yesterday, so you might want to consider it,” he quipped.

 Xiaomi’s Massive Waitlist Has CEO Suggesting Tesla To Frustrated Buyers

Why Is It So Popular?

The extraordinary demand being experienced for the YU7 is understandable given the attractive design and all of the features it packs into an incredibly competitive price. The entry-level Standard variant starts at 253,500 yuan or $35,300 and has an 800-volt architecture, which allows it to charge to 80 percent in just 13 minutes. It can also travel 519 miles (835 km) on a charge and is powered by a 315 hp motor.

For those wanting more performance, Xiaomi offers two upgraded versions. The Pro, which is priced from 279,900 yuan (around $39,000), comes with dual motors delivering a combined 489 horsepower. At the top of the range sits the Max version, which pairs a 101.7 kWh NMC battery with 681 hp. Despite the boost in specs, it remains competitively priced at 329,900 yuan, or roughly $46,000.

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At the moment, Xiaomi’s EVs are only available in China, but the company is preparing for a global rollout. When that happens, it’ll be stepping into a much broader ring, aiming squarely at Tesla and other major automakers across international markets.

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