Production Constraints
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Xiaomi SU7: 14 Months on the Market, No Competition, No Price Cuts – Lu Weibing: Utterly Dominant
Xiaomi executive Lu Weibing expressed confidence in the SU7 electric vehicle’s market position, citing strong demand and robust sales despite competition. He attributed production constraints to lengthy delivery times. Weibing dismissed concerns about the upcoming YU7 impacting SU7 sales and highlighted shared architecture benefits, emphasizing the SU7’s competitive advantages, with rivals lagging far behind in sales.