Record sales from Chinese auto giant: Surpasses 50,000 mark
The Chinese manufacturer broke its 2026 record by surpassing 50,000 deliveries in October, with the new hybrid SUV Sky Nomad driving the sales surge.
Xiaomi delivered more than 50,000 electric vehicles in October 2026. According to data reported by Reuters and CnEVPost, this figure was the company's highest monthly delivery level in 2026. Xiaomi previously passed the 50,000 mark for the first time in December 2025, delivering 50,212 vehicles. The October figures ended the company's two-month year-over-year sales decline.
The company did not disclose an exact delivery figure in the shared reports, stating a baseline level of 50,000 units. This indicates that the calculated growth rates represent minimum levels. The sales growth was driven by the newly introduced range-extended hybrid series Sky Nomad, while SU7 sedan and YU7 SUV deliveries trended downward.
Impact of the Sky Nomad Model on Sales
Xiaomi launched the Sky Nomad SUV series on September 7, 2026. Combining a battery powertrain with an onboard generator, this series became the company's first range-extended electric vehicle (EREV) product line. Xiaomi previously sold only fully electric models, the SU7 and YU7 series.
The Sky Nomad series went on sale in the Chinese market with a starting price of 209,900 yuan (approximately $31,000). The vehicle received over 10,000 firm orders within the first 4 minutes of launch and over 70,000 in the first 30 days. The hybrid SUV model has an official combined range of 1,060 miles.
Xiaomi Chief Executive Officer Lei Jun stated on October 1 that Sky Nomad deliveries exceeded 10,000 units in September. CnEVPost data showed that 12,444 units of this model were delivered in September. Overall deliveries increased by approximately 10,000 units in October, the first full month of sales for the model, showing that Sky Nomad production drove the growth. CnEVPost reported that the October recovery began balancing out the decline in SU7 and YU7 sales.
Monthly Performance and Annual Growth Rates
Xiaomi exceeded the 30,000 delivery mark in June and July. In July, 31,267 vehicles were delivered. The company maintained the 30,000 level in August, while exceeding 40,000 in September and 50,000 in October. Total monthly delivery volume increased by approximately 19,000 units over the three months between July and October.
October 2026 performance increased by at least 24.95 percent compared to the previous month. Year-over-year growth remained lower. Xiaomi delivered 48,654 vehicles in October 2025. Calculated based on the reported baseline figure of 50,000 for October 2026, the annual increase was at least 2.77 percent. The company's August and September deliveries remained below 2025 levels, with September recording a 4.61 percent year-over-year decline.
Total delivery volume reached approximately 336,000 vehicles in the 10-month period between January and October. CnEVPost data calculated the cumulative delivery baseline at 336,490 units. Compared to the 315,376 deliveries between January and October 2025, the 10-month growth in 2026 stood at 6.69 percent. Xiaomi has delivered a total of at least 887,798 vehicles since starting sales.
Current Status of the Annual 550,000 Vehicle Target
Xiaomi set a delivery target of 550,000 vehicles for the full year 2026. The company completed approximately 61.2 percent of this target in the first 10 months of the year. Xiaomi needs to deliver a total of 213,510 additional vehicles in November and December to reach the target. This requires an average of 106,755 deliveries per month in the final two months.
Bloomberg reported that the company raised its 2025 target to 400,000 vehicles after its EV unit reached break-even profitability in November 2025. The 550,000 target set for 2026 sits 37.5 percent above the previous year's target.
Comparison with Competitors in the Chinese Market
October data highlighted differences among manufacturers in the Chinese electric vehicle market. The SAIC-GM-Wuling group reached the highest volume in the market with 142,757 units.
| Manufacturer / Brand | October 2026 Deliveries | Key Change |
|---|---|---|
| Leapmotor | 106,127 | 51% annual increase |
| Xpeng | 50,237 | Company record, 13,326 overseas sales |
| Xiaomi Auto | 50,000+ | 2026 record, at least 2.77% annual increase |
| Nio (including Onvo) | 34,246 | 15.23% annual decline |
| Huawei HIMA | 33,537 | More than 50% annual decline |
| Li Auto | 29,025 | Lowest month since February |
On the volume side, Leapmotor surpassed the 100,000 mark for the fourth consecutive month, ranking first among independent electric vehicle manufacturers. Xpeng set a company record with 50,237 deliveries. Of Xpeng's deliveries, 13,326 units were made to overseas markets, and the company's exports grew 166 percent year-on-year. On Xiaomi's side, nearly all deliveries remained focused on the Chinese domestic market.
A decline was recorded in the mid-segment of the market. Nio deliveries totaled 34,246 units, including 18,125 Nio and 8,383 Onvo vehicles, representing a 15.23 percent annual decline. Li Auto recorded its weakest month since February with 29,025 units. Deliveries of the HIMA group under Huawei dropped to 33,537 units, a year-on-year decline of more than 50 percent.
Meanwhile, US-based Tesla's wholesale sales in China increased 5 percent in September to 95,366 units, bringing the company's third-quarter wholesale sales in China to 275,111 units. BYD sold 3,131,576 vehicles between January and September, with its total sales decreasing 3.9 percent due to a 30 percent decline in the Chinese domestic market.
This article was translated from Turkish. Read the original article in Turkish.
