How China’s Xiaomi Beat Apple and Is Taking on Tesla

Chinese smartphone giant Xiaomi may not be a household name globally, but it’s succeeded where Apple failed by launching its own electric car. That’s a feat Apple couldn't accomplish despite a decade of effort and billions of dollars spent. Now, Xiaomi is turning its sights to Tesla.

Bloomberg Originals explains why Xiaomi is betting big on EVs.

00:00 Introduction
01:41 What is Xiaomi
03:46 Why electric cars?
04:45 How the tech company did it
07:00 Why its cars are popular
08:12 China’s EV ecosystem
09:00 Xiaomi’s global ambitions

#Xiaomi #EV #China #automotive #SU7

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Post from Bloomberg on August 22, 2025

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