Lei Jun on market expansion
From Xiaomi's New Generation SU7 Lei Jun livestream · · Trang 3T
“Vera opens a brand new 200 billion TAM for NVIDIA, a market we have never addressed before, and every major hyperscaler is partnering with us to get it deployed.”
On , Lei Jun, CEO at Xiaomi, spoke about market expansion during Xiaomi's New Generation SU7 Lei Jun livestream on Trang 3T.
About Lei Jun
At the 2026 Beijing Auto Show, Lei Jun announced that Xiaomi Auto had delivered 650,000 vehicles in two years. He stated that JD Power's latest owner survey ranked the SU7 and YU7 first in quality and product appeal index among similar models. Lei Jun reported that orders for the new-generation SU7 exceeded 60,000 units, with 26,000 delivered in 35 days. He also noted that the SU7 MAX recorded a lap time of 1:37.974 at Zhejiang Circuit, which he described as the fastest four-door production car under 500,000 yuan. Lei Jun mentioned a personal challenge of driving the SU7 Pro from Beijing to Shanghai, covering 1,313 km on a single charge in 15 hours and 4 minutes. Lei Jun introduced the expert team from Xiaomi's European R&D Center and announced that the YU7 GT, the company's first flagship model, will be officially unveiled in late May. He stated that the YU7, Xiaomi's first SUV, had delivered over 230,000 units in 10 months, making it the sales champion among mid-to-large SUVs in the past year. The event also featured the domestic debut of the Xiaomi Vision Gran Turismo concept car.
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