Market Chatter: Xiaomi to Launch Luxury Vehicle in February; Aims To Sell 10,000 Units in 2025

MT Newswires Live

2025/02/06

Xiaomi (HKG:1810) is planning to launch the SU7 Ultra, its luxury vehicle, at the end of February, with an aim to sell 10,000 units in 2025, Reuters reported citing founder Lei Jun on Wednesday.

Lei Jun provided the update on his Red Note account the same day.

Shares of the company were up 2% in recent trade.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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