A new electric SUV YU7 is displayed at a Xiaomi store in Beijing, China May 29, 2025. Xiaomi entered the EV market in December 2023 with the release of its sedan, the SU7. — Reuters
Xiaomi may not be a household name in the US, but in China its products are everywhere. Already one of the world’s top mobile phone manufacturers, the technology company also makes everything from toothbrushes to watches – even mattresses.
Now it’s betting big on electric vehicles, having already succeeded where even Apple failed.
