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Lei Jun: The Xiaomi boss faces his biggest test yet.

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Published: April 21st, 2025,
Last updated: April 23rd, 2025

Xiaomi founder Lei Jun at the presentation of the Xiaomi SU7 Ultra car in Beijing in February

Just before China’s biggest car show in Shanghai, Xiaomi founder Lei Jun faces one of his hardest tests. In late March, a Xiaomi SU7 crashed into a construction site barrier in Anhui province while in autopilot mode, killing three people. The authorities are still investigating. In response, Xiaomi’s shares temporarily fell by more than 20 percent.

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