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In Depth: Fatal Crash Sours Xiaomi’s EV Success

By Liu Peilin, Yu Cong, Qu Yunxu and Ding Yi
2025年04月11日 19:20
The company faces slumping investor sentiment and increased scrutiny after one of its SU7 sedans crashed while using its assisted driving function

On March 29, Lei Jun stood at the podium of China’s most prestigious electric vehicle (EV) gathering, the China EV100 Forum. Making his first-ever appearance at the influential industry event, the Xiaomi Corp. founder was riding a wave of extraordinary success. His company’s SU7 electric sedan flew off production lines, selling more than 136,000 vehicles in just nine months and positioning Xiaomi as a rising star in the domestic auto industry.

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