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Tech giant Xiaomi wants to be among the top 5 car manufacturers

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Published: January 2nd, 2024,
Last updated: May 28th, 2025

Smartphone manufacturer Xiaomi presents its first EV, the SU7.

Chinese smartphone manufacturer Xiaomi announced ambitious goals at the presentation of its first EV. „By working hard over the next 15 to 20 years, we will become one of the world’s top 5 automakers, striving to lift China’s overall automobile industry,“ announced CEO Lei Jun last Thursday. The Group also aims to build a „dream car comparable to Porsche and Tesla.“

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Car Industry Xiaomi E-Autos E-cars