Xiaomi delivered over 20,000 SU7 electric vehicles in October, aiming for 100,000 by the end of November. The company also announced preorders for the high-end SU7 Ultra, priced at over $110,000, which received 3,600 orders within 10 minutes. Analysts predict Xiaomi will deliver 250,000 cars next year, bolstered by its competitive pricing and recent performance on the Nurburgring race track.