Xiaomi EVs Head to Europe by 2027 with Showrooms
Xiaomi will officially launch its electric vehicles in Europe by 2027, starting with a network of showrooms. Vice-president Xu Fei confirmed that executives completed field research in June to map sales locations and partnerships across the European market. The cars, likely modified versions of the SU7 sedan and YU7 SUV, will mirror models sold in China without a brand-new design for Europe. Xiaomi EV showrooms will showcase the firm’s ecosystem integration, linking cars with smartphones, home appliances and software. While local production is not imminent, Xu says a European factory is destined once Xiaomi aims to be a top-five global automaker in 15–20 years. The move pits Xiaomi EV against Chinese rivals like Xpeng and Guangzhou Auto, navigating EU tariffs and building long-term user loyalty.
Neutral
The announcement is unlikely to move cryptocurrency markets as it relates to hardware manufacturing and automotive strategy rather than digital assets. Similar corporate expansions—such as Tesla’s EU factory plans—did not trigger measurable shifts in crypto prices. In the short term, traders will focus on auto and tech equities. Over the long term, Xiaomi’s global growth could invite blockchain partnerships or tokenization, but this EV rollout has no direct link to crypto trading volumes or liquidity. Therefore, its impact on digital currencies remains neutral.