"Xiaomi's SU7 EV: High Demand Leads to Lengthy Wait Times for Buyers"

Xiaomi's new electric vehicle, the SU7, is facing potential delivery wait times of up to seven months due to high demand, with the Max model showing the longest wait of 27-30 weeks. The company received almost 88,900 orders in the first day of availability, with the base model priced at around $30,000, making it cheaper than the Tesla Model 3 in China. Xiaomi has been investing in its EV efforts for years and has now officially entered the Chinese EV market with the SU7.