Xiaomi loses $9,400 on every SU7 it sells, according to Citigroup estimates

by alex

Total deliveries will be 55,000–70,000 units

A gift is a gift. Xiaomi in China will provide one Redmi Turbo 3 buyer with a Xiaomi SU7, but only for a year

Xiaomi SU7 car shipments will reach 5,000–6,000 units in April, and the annual supply volume will be approximately 55,000–70,000 units, as stated in the forecast of analysts from financial conglomerate Citigroup.< /p>

Earlier, it was reported that Citigroup estimates that Xiaomi will incur an average loss of $940 for each SU7 sold in 2024, and the entire auto business will incur a total loss of $566 million.

However, IT Home clarified that the media disseminated incorrect information, and a Citigroup report estimates that Xiaomi will lose an average of $9,400 on each SU7 sold in 2024.

Xiaomi теряет 9400 долларов на каждом проданном автомобиле SU7, согласно оценке Citigroup

Xu Jieyun, special assistant to the chairman of Xiaomi Group and deputy general manager of the marketing department in China, only said that Xiaomi SU7 sales this year will be higher than Citigroup estimates. He said nothing about losses.

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