title: "2026 Xiaomi SU7 Deliveries Start March 23: 15,000 Orders in 34 Minutes" slug: xiaomi-su7-2026-deliveries-mar23 date: 2026-03-22 category: launch tags: [xiaomi, su7, ev, sedan, china, launch] source_url: "https://cnevpost.com/2026/03/21/xiaomi-to-begin-delivering-revamped-su7-mar-23/"
Xiaomi begins delivering the revamped 2026 SU7 on March 23, with a 10:00 AM livestreamed ceremony. The updated sedan locked in over 15,000 orders within its first 34 minutes of availability following its March 19 launch. Starting price: 219,900 yuan ($31,930).
That's 4,000 yuan higher than the first generation, despite material cost increases of approximately 20,000 yuan. Xiaomi absorbed most of the cost increase, keeping the SU7 15,600 yuan below the Tesla Model 3 in China.
Updates
Xiaomi lists "over a hundred upgrades" in hardware and software, including the new XLA cognitive large AI model. Test drives are available at 492 stores across 143 cities.
Delivery windows run from 1 to 5 weeks after order lock-in, with Xiaomi noting it has prepared a batch of vehicles for immediate delivery.
Market Reaction
Despite the strong order take, Xiaomi's Hong Kong-listed shares fell 8.59% following the launch announcement. The market's concern appears to be margin compression: absorbing 20,000 yuan of cost increases while only raising the price 4,000 yuan directly impacts per-unit profitability.
Xiaomi's 2026 sales target is 550,000 vehicles. The first-generation SU7 proved demand exists. The 2026 model tests whether Xiaomi can scale production to meet it while maintaining margins against aggressive Chinese competitors. The March 23 delivery cadence will be the first real signal.
