Xiaomi CEO Rules Out US EV Launch After SU7 Testing in California
Xiaomi founder Lei Jun said the SU7 Sedan spotted in California carries a test plate and Xiaomi has no immediate US launch plans, quelling speculation of a new rival to Tesla. US EV leader Tesla holds over 58% market share, while Xiaomi’s SU7 Ultra saw sales plunge to 45 units in December yet still surpassed the CEO’s annual target of 10,000 units.
1. Denial of U.S. Entry
Xiaomi founder Lei Jun confirmed via social media that the SU7 Sedan observed in California was carrying a local test plate purchased by a third party, and reiterated that Xiaomi has no plans to introduce its EV line in the U.S. at this time.
2. U.S. Market Share Implications
Tesla currently commands over 58% of the U.S. electric vehicle market, a dominance that faces no immediate challenge from Xiaomi’s EV arm given the company’s confirmed decision to defer any U.S. launch.
3. SU7 Ultra Sales Metrics
Xiaomi’s flagship SU7 Ultra recorded just 45 units sold in China during December 2025, a sharp monthly decline that nonetheless contributed to the model achieving the CEO’s target of 10,000 annual units.
4. Ford Partnership Speculation
Reports of a potential joint venture between Xiaomi and Ford Motor Co. were publicly denied, leaving both companies without active discussions on EV collaboration or battery supply commitments.