IntroductionChina’s electric vehicle (EV) industry has rapidly evolved into a global powerhouse, with companies such as BYD, NIO, and Xiaomi challenging Tesla’s dominance. Supported by government incentives, technological innovation, and strategic global expansion, these firms are redefining the EV market. Their focus on
IntroductionChina has emerged as the largest electric vehicle market in the world, accounting for more than half of global EV sales in 2024. Government subsidies, a vast consumer base, and aggressive manufacturing capacity have made the country the center of the global EV
Can the smartphone kingpin reinvent his empire as an electric vehicle powerhouse? From Smartphones to Steering Wheels Lei Jun, often dubbed the “Steve Jobs of China,” built Xiaomi into one of the world’s largest smartphone makers by mastering affordability, sleek design, and a
