Source: Xiaomi

On June 26, Xiaomi had officially begun accepting pre-orders for its blockbuster all-electric SUV, Xiaomi YU7 and received an unprecedented amount of traction.

In just 3 minutes, Xiaomi’s second EV received 200,000 pre-orders, of which 120,000 were confirmed by the company’s CEO Lei Jun to be locked-in orders (with non-refundable deposits).

57 minutes later, or at the full hour after debut, the YU7 received 289,000 pre-orders, which nearly matched Xiaomi’s current annual production capacity for its two vehicle models.

Source: Xiaomi

Xiaomi now confirmed that the company has reached 240,000 locked-in orders at the 18th hour mark from pre-order launch.

Considering that is double the amount of locked-in orders when Xiaomi had reached 200,000 pre-orders, its pre-order volume may have exceeded the 400,000 mark now.

Source: Xiaomi

Per Xiaomi’s website, the waiting time is 53-56 weeks for the Standard version, 48-51 weeks for the Pro, and 33-36 weeks for the Max.

The three variants are priced at 253,800 RMB, 279,900 RMB, and 329,900 RMB, respectively.