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Xiaomi Faces Scrutiny After Fatal SU7 Crash in Autonomous Driving Mode

  • Xiaomi's shares dropped 5.5% after its SU7 electric vehicle was involved in a serious traffic accident, resulting in three fatalities, according to local media reports.
  • A Xiaomi spokesperson confirmed that the SU7 was in Navigate on Autopilot mode and was traveling at 116 kilometers per hour before the accident.
  • Xiaomi is cooperating with police investigations into the incident, which may negatively impact their sales targets.
  • Despite the accident, Xiaomi raised its 2025 sales target for the SU7 from 300,000 to 350,000 units.
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YUAN TALKS broke the news in on Monday, March 31, 2025.
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