Xiaomi announced that it received 289,000 orders for the YU7 within an hour and 240,000 fixed orders within 18 hours of launch, essentially selling out the factory's capacity until early 2027.
Xiaomi has one factory in Beijing, which is divided into two phases. The first phase (F1) began construction in April 2022, covering an area of 720,000 square meters, and was completed in June 2023, 14 months later. Mass production at the F1 factory began in March 2024, after the launch of the SU7. The annual capacity of F1 is 150,000 units.
Construction of the second phase (F2) began in July 2024, covering a smaller area of 531,000 square meters, and the entire project is expected to be completed by June 2025. In May, it was reported that mass production at F2 was scheduled for June. However, there have been no official announcements about the completion of F2 since then. F2 has the same annual capacity of 150,000 units.
According to the report, the first batch of 500 YU7 units for showrooms was produced at the F1 factory, not F2, along with 653 units previously manufactured for internal testing.
Mass production at F2 is expected to begin soon, most likely in July. Even if Xiaomi manages to quickly ramp up production at the new factory, 240,000 orders essentially mean that some customers will have to wait until early 2027. And this is just the orders from the first day.
