Xiaomi has advised people wanting to buy its electric sedan, the SU7, may face a wait of four to seven months, Reuters reports.
The SU7 is the Chinese smartphone maker’s first EV.
The vehicle was officially launched last week and received almost 90,000 pre-orders in the first 24 hours.
Xiaomi CEO Lei Jun previously gave hints about the pricing on social media, citing the upper price limit as 500,000 yuan ($69, 424).
It has since been confirmed that the standard SU7 model is 215,900 yuan ($29,870) and the SU7 Pro costs 299,900 yuan.
Wait times listed on Xiaomi’s car app are 18 to 30 weeks, depending on the model, Reuters reports.
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By GlobalDataIn a Q&A post on Chinese social platform Weibo, users probed Xiaomi’s CEO on the wait times: “I would like to ask Mr. Lei [Jun] how to solve the problem that production capacity cannot keep up with orders. Now we have to wait more than half a year to order a car.”
At the time of reporting, those questions had not been answered.
Smitarani Tripathy, Social Media Analyst at GlobalData, also highlighted privacy concerns stemming from Xiaomi’s smartphone strengths and potential synergies with smart cars: “Social media contributors are lauding the China-based smartphone giant for disrupting the status quo and potentially reshaping pricing dynamics in the automotive industry. Yet, concerns arise over Xiaomi’s integration of EVs into a broader tech ecosystem, prompting discussions on privacy and usability. Many influencers on X’ platform express a preference for simplicity and security, highlighting Xiaomi’s need to strike a balance between innovation and meeting consumer needs. All eyes are on Xiaomi as it navigates feedback and adjusts its electric cars in this rapidly evolving market.”
See also: Xiaomi SU7 EV launch prompts social media contributors to call for balancing innovation and privacy