Asia Tech Wire (Aug 1) -- Chinese tech company Xiaomi expects to meet its 2024 delivery target of 100,000 electric vehicles in November, ahead of schedule.

Xiaomi announced Thursday that deliveries of its first electric car, the Xiaomi SU7, exceeded 10,000 units in July.

The company said the deliveries will continue to break 10,000 units in August, and it expects to fulfill its annual 100,000-unit delivery target ahead of schedule in November.

The Xiaomi SU7 electric sedan hit the market officially in China at the end of March, priced from 215,900 yuan to 299,900 yuan.