Xiaomi's Lu Weibing: Xiaomi SU7 Ultra's cumulative sales exceed 10,000, with high-end products across all categories continuing to accelerate

On August 19th, Lu Weibing, partner and president of Xiaomi Group, revealed during the earnings conference call that this year, Xiaomi's goal in the Chinese market is to achieve a key breakthrough from high-end to ultra-high-end. The sales of the Xiaomi 15 Ultra in its first month increased by 70% to 80% year-on-year, helping Xiaomi smartphones successfully reach a price point above 6,000 yuan; the Xiaomi SU7 Ultra has sold over 10,000 units in just 4 months since its launch, securing the top spot in both sales of cars priced over 500,000 yuan and pure electric vehicles in the first half of 2025. For every three pure electric cars sold in China priced over 500,000 yuan, one is the Xiaomi SU7 Ultra