Xiaomi’s YU7 Electric SUV Buyers Face Up to 60-Week Delivery Delays

Xiaomi YU7 electric SUV customers are reporting delivery delays of 38 to 60 weeks, with over 400 complaints filed after buyers paid a non-refundable 5,000 yuan deposit. These Xiaomi YU7 delivery delays risk buyers losing China’s EV tax exemptions due to expire at the end of 2025 and could raise final purchase costs. Despite securing 240,000 orders in 18 hours and scaling monthly EV production from 4,000 to 28,000 units, Xiaomi cannot meet current demand. CEO Lei Jun plans to address these issues in an upcoming livestream, as the delays highlight the gap between Xiaomi’s EV ambitions and its production capacity.
Neutral
This news concerns Xiaomi’s EV production and delivery schedule rather than cryptocurrency markets. It is unlikely to influence crypto trading volumes or prices directly. Similar non-crypto industry delays have historically had no measurable impact on digital asset markets, making this development neutral for traders.