Xiaomi’s Strategic Leap into the Electric Vehicle Market: A Potential Top Contender by 2040

Joel Fukuzawa
3 min readMay 6, 2024

Xiaomi’s Ambitious Declaration in the EV Sector

Last week in Beijing, Lei Jun, the founder and CEO of Xiaomi Technology, announced an ambitious goal to propel his company into the top five global automobile manufacturers within the next 15 to 20 years. At the ‘Xiaomi EV…

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Joel Fukuzawa

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