Xiaomi Auto October deliveries top 50,000, ending two months of year-on-year declines

• Xiaomi Auto's October deliveries reached their highest monthly level of 2026, ending 2 consecutive months of year-on-year declines.
• Deliveries totaled at least 336,490 vehicles in the first 10 months, about 61.2% of its annual target of 550,000.

Xiaomi Auto, the electric vehicle unit of Xiaomi (HKEX: 1810), delivered more than 50,000 vehicles in October, its highest monthly total of 2026, ending 2 consecutive months of year-on-year declines.

The company announced the figure on Sunday, without disclosing an exact total or a breakdown for its SU7 sedan, YU7 SUV and Sky Nomad series.

This marks the second time Xiaomi Auto's monthly deliveries have exceeded 50,000 vehicles. The only previous month to reach that level was December 2025, with 50,212 deliveries, according to data compiled by CnEVPost.

Whether October set a new monthly record will depend on the exact figure to be released by the China Passenger Car Association (CPCA).

Using 50,000 vehicles as the reported lower bound, October deliveries rose at least 24.95% from September's 40,015 and at least 2.77% from 48,654 a year earlier.

Xiaomi Auto's deliveries fell year-on-year in both August and September, with September recording a 4.61% decline. October's return to growth suggests the ramp-up in Sky Nomad deliveries is beginning to offset declining sales of the SU7 and YU7.

Launched on September 7, the Sky Nomad series marked Xiaomi's entry into the extended-range electric vehicle (EREV) market. The series delivered 12,444 vehicles in September and secured more than 70,000 locked-in orders within 30 days of launch.

Xiaomi Auto delivered at least 336,490 vehicles in the first 10 months of this year, up at least 6.69% from 315,376 in the same period last year, according to data compiled by CnEVPost.

That represents about 61.2% of its annual target of 550,000 vehicles. To meet the goal, the company would need to deliver up to 213,510 vehicles in the final 2 months, averaging about 106,755 a month — roughly 2.1 times October's reported lower bound.

Even with deliveries reaching their highest level of the year in October, Xiaomi will need a much faster pace in November and December to approach its annual target.

All of Xiaomi's vehicle sales currently come from China's domestic market. China's retail sales of new energy vehicles (NEVs) fell 16.7% year-on-year in September, marking the ninth consecutive monthly decline, according to CPCA data.

Xiaomi Auto's cumulative deliveries reached at least 887,798 vehicles by the end of October, up from 837,798 at the end of September.

Exact October delivery figures and a model breakdown are expected in a CPCA report due later this month.