Lei Jun recently tweeted about his views on the electric vehicle industry, saying that the competition is very cruel, and it is necessary for Xiaomi to become the top five electric vehicles company to succeed.
Lei Jun said that an electric vehicle is a consumer electronic product with intelligence, software and user experience as its core. The nature of the automotive industry will evolve from machinery to consumer electronics, with market share highly concentrated in the hands of top players. Lei Jun also said he believes that when the electric vehicle industry matures, the world’s top five brands will account for more than 80 percent of the market. Lei Jun: The only way for us to succeed is to be one of the top five and ship more than 10 million units a year. Competition will be brutal.
Post time: Oct-20-2022