According to news on the evening of July 19, Xiaomi Chairman Lei Jun delivered a speech at the 2024 Lei Jun Annual Speech Event. Lei Jun revealed that Xiaomi SU7 is expected to deliver more than 10,000 units in July this year, and the annual delivery target of 100,000 units is expected to be completed ahead of schedule in November.

Xiaomi's automobile sales and service network added 4 new cities in July: Jinan, Guiyang, Changchun, and Changzhou; 17 new stores were added.

In addition, there is an Easter egg link in this annual speech. Xiaomi SU7 Ultra prototype car was unveiled. Lei Jun introduced that it is equipped with Xiaomi super motor V8s, with a maximum speed of 27200rpm, a maximum horsepower of 578ps, and a peak torque of 635N·m. It is completely self-developed and produced. The Xiaomi SU7Ultra prototype will be equipped with two V8s and one V6s. Lei Jun said that the power exceeds that of tens of millions of luxury cars. It is equipped with a track-specific high-power battery pack CATL Kirin II with a large discharge power of 1330KW. It accelerates from 0 to 100km/h in 1.97 seconds and has a top speed of 350km/h, making it the world's fastest four-door car.

He revealed that the Xiaomi SU7 Ultra prototype will officially compete in New York in October this year to challenge Porsche. This is also Xiaomi’s dream. "We have a big gap with Porsche, and as soon as we start catching up, we're on the way to winning."