China's New Luxury EVs Are Selling Like Hot Sakes & In Wild Numbers

25 Mar 2026 | Abstracted from Electrek

China's newest luxury EVs are surging in demand as Xiaomi's updated SU7 hit 15,000 orders in 34 minutes, while SAIC–Huawei's new Z7/Z7T logged 18,000 pre‑orders in three hours. Priced below Tesla's Model 3, these long‑range, tech‑heavy sedans show China's premium EV market accelerating as domestic brands out‑innovate and undercut global rivals.

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