Xiaomi EV (HKEX: 1810) is a publicly traded Next-Gen EV & Vehicles company founded in 2021 and based in Beijing, China.
No dated funding rounds on file. This company is privately held and may be raising or operating on undisclosed capital.

Chinese EVs gain price advantage in Western markets as fuel-driven cost increases hit new car prices, with used Chinese EVs emerging as a new resale segment.

InsideEVs recaps Chinese and European automakers' EV showings at the Paris Auto Show, noting many new models are affordable.
The SU7 is Xiaomi EV's first production car, a performance-oriented electric sedan that launched in March 2024 and is built at the company's Beijing factory. It is positioned against premium sedans such as the Porsche Taycan and Tesla Model 3, and it is priced below Tesla's Model 3 in China. Xiaomi emphasizes driving dynamics, a tuned chassis, and tight integration with the Xiaomi phone and HyperOS ecosystem. The SU7 also comes in higher-performance variants, including the SU7 Ultra, which targets track-oriented buyers.
The YU7 is Xiaomi EV's mid-size electric SUV, launched in June 2025 as the company's second production model. It targets families and buyers who want a large, long-range vehicle at a lower price than comparable Tesla Model Y configurations. Xiaomi markets it on range, in-car software, and smart-home connectivity with the broader Xiaomi ecosystem. Strong early demand led to large pre-order volumes and extended delivery waitlists after launch.