Xiaomi targets half a million electric cars sold in 2026

05 January 2026
Xiaomi plans to deliver 550,000 electric cars in 2026, marking a 34% increase as the company prepares to launch four new models.

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  • Anonymous

AJ74, 07 Jan 2026"Half a million cars sold", or in this case, 490,000 sold to the Chinese government,... moreYou wish that's the case but like most sinophobes, you are mistaken. I don't blame you for your myopic views of other countries; your country's education system should bear the blame.

  • AJ74

"Half a million cars sold", or in this case, 490,000 sold to the Chinese government, sitting in miles and miles of EV parking lots.

  • Anonymous

Oree, 06 Jan 2026the figure seems conservative, they are launching new high end models only? They probably expect a slowdown or demand for their cars.
But they should be capable of ~600,000 car per year based on the number of cars they delivered in December, which was over 50,000.

  • Anonymous

rizki, 06 Jan 2026need to make the car cheaper to reach the target faster, starting at $30,000 is not cheap for ... moreAnd what would gain Xiaomi by releasing a $10,000 car?
You should ask yourself a single question.
What's better for Xiaomi? Selling 500,000 cars for $10,000 in 1/2 year or selling 500,000 cars for $30,000 in a year?
They have better margin on the more expensive one and they also don't have the production capacity to make a lot more than 1/2 million cars per year.

BYD on the other hand has underutilized manufacturing plants, so for them It's better to make as many car models as possible even If with barely any margin.

  • Oree

the figure seems conservative,
they are launching new high end models only?

  • rizki

need to make the car cheaper to reach the target faster, starting at $30,000 is not cheap for most people.. BYD has a car as cheap as $10,000 and it is the best selling car in Indonesia.