{"id":9519,"date":"2025-02-28T20:38:24","date_gmt":"2025-02-28T20:38:24","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/why-chinas-xiaomi-can-make-an-electric-car-and-apple-cant\/"},"modified":"2025-02-28T20:38:24","modified_gmt":"2025-02-28T20:38:24","slug":"why-chinas-xiaomi-can-make-an-electric-car-and-apple-cant","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/why-chinas-xiaomi-can-make-an-electric-car-and-apple-cant\/","title":{"rendered":"Why China\u2019s Xiaomi Can Make an Electric Car and Apple Can\u2019t"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">After nearly a decade of trying, Apple finally gave up its effort to produce an electric car last year, canceling a project that <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/02\/28\/technology\/behind-the-apple-car-dead.html\" title=\"\">soaked up $10 billion<\/a>.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">But last year in China, the electronics maker Xiaomi launched its first electric car after just three years of development and delivered 135,000 vehicles. It has vowed to double that number in 2025.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Xiaomi\u2019s ability to succeed where Apple could not shows how thoroughly China has come to <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/interactive\/2023\/05\/16\/business\/china-ev-battery.html\" title=\"\">dominate the supply chain<\/a> for electric vehicles. Chinese companies have mastered <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2023\/12\/08\/business\/china-electric-vehicles.html\" title=\"\">electric vehicle manufacturing<\/a>. By tapping that infrastructure, Xiaomi was able to get components quickly and cheaply.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">More Chinese electric vehicle companies \u2014 including Leapmotor, Li Auto and Seres Group \u2014 are starting to turn a profit after burning cash for years in their intense competition for the world\u2019s largest auto market.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">And Xiaomi is not the only Chinese consumer electronics company that has branched out to electric vehicles. The telecommunications giant Huawei, which the U.S. government has targeted with sanctions and legal action for years, is making <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/06\/13\/business\/china-driverless-cars.html\" title=\"\">autonomous driving<\/a> software. Huawei has teamed up with multiple Chinese automakers, including Seres Group and the state-owned firms SAIC Motor, BAIC and Chery.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Xiaomi has long been compared to Apple. It made bets that its <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2014\/12\/15\/technology\/the-rise-of-a-new-smartphone-giant-chinas-xiaomi.html\" title=\"\">rivals rushed to imitate<\/a>, like selling its low-cost, high-design phones mainly online. Its chief executive, Lei Jun, even dressed like the Apple co-founder Steve Jobs, in jeans and a black shirt, for Xiaomi\u2019s first phone launch in 2011.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-2\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Xiaomi\u2019s first electric car was brought out last March: the SU7, a four-door sedan with artificial intelligence features that can help with parking, play movies for passengers and program Xiaomi home appliances from the road. Mr. Lei said it looks like a Porsche. But at $30,000, it\u2019s a quarter of the price.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Xiaomi makes all kinds of electronics, from robot vacuum cleaners to air-conditioners, which are connected through its operating system and controlled in its app. The SU7 is, in some ways, just another gadget. It can use data collected from other devices about a driver\u2019s daily routine to determine the best time to charge the car\u2019s batteries.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-3\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">\u201cXiaomi has really started infiltrating your home,\u201d said Gary Ng, an economist with Natixis Corporate &amp; Investment Banking. \u201cEverything is linked together, and this is something other companies couldn\u2019t do.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">While the SU7 earned Xiaomi just a small fraction of the sales of China\u2019s top electric vehicle makers, it puts Xiaomi among the Chinese companies that are dealing a major blow to foreign automakers\u2019 long command over China\u2019s market for premium cars. In the year since the SU7 went on sale, <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/02\/17\/business\/porsche-china-germany.html\" title=\"\">Porsche deliveries in China<\/a> were down nearly 30 percent.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">On Thursday night in Beijing, Xiaomi released a high-end version, the SU7 Ultra, alongside a premium version of its latest smartphone. The company staged a flashy teaser for the car by <a class=\"css-yywogo\" href=\"https:\/\/www.youtube.com\/watch?v=N9lA8HcS6Nw\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">racing a prototype<\/a> around Germany\u2019s N\u00fcrburgring racetrack, where, Xiaomi said, it set a record for \u201cfastest four-door sedan.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Xiaomi also plans to release a sport utility vehicle, the YU7, this year, according to regulatory filings in China.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Chinese electric vehicle companies have benefited from billions of dollars in government support, which has helped them gain control of the supply chain down to the very minerals inside the car batteries. This early edge helped two Chinese companies, BYD and Contemporary Amperex Technology Company \u2014 known as CATL and added to the Pentagon\u2019s <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/01\/06\/business\/us-chinese-military-companies-tencent-catl.html\" title=\"\">list of Chinese military companies<\/a> in January \u2014 become the biggest electric battery makers in the world.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-4\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Xiaomi used this supply chain to its advantage. Its cars contain batteries from BYD and CATL. It was able to quickly start production by taking over a factory from Beijing Auto Group. Construction workers in Beijing are working around the clock on a second factory.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">All this manufacturing capacity helps Chinese electric vehicle firms move from development to production in far less time than traditional automakers in China, enabling them to bring new models to market quickly and focus on making software that they can continually update, said Stephen W. Dyer, head of Asia Automotive at AlixPartners, a consultancy.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Intense competition at home has pushed many Chinese carmakers to flood the global auto market with affordable electric cars. Last year, BYD sold more than four million new cars worldwide.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">It is just a matter of time before Xiaomi cars are on the road outside China, said Cui Dongshu, secretary general of the China Passenger Car Association.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Xiaomi\u2019s popularity as a maker of all kinds of consumer electronics gave it a deep well of knowledge about Chinese consumer preferences. On the first day SU7s were delivered, buyers could go to Xiaomi\u2019s app store and get accessories to trick out the cars, like analog dashboard clocks and a row of physical switches that attach to a touch-screen panel.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cThe strength of the brand puts Xiaomi ahead of a lot of their competitors,\u201d said Tu Le, a managing director of the consultancy Sino Auto Insights. \u201cThat\u2019s what it takes to sell cars globally, because it\u2019s not just a consumer product, it\u2019s an emotional product.\u201d<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.nytimes.com\/2025\/02\/28\/business\/china-xiaomi-apple-electric-cars.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After nearly a decade of trying, Apple finally gave up its effort to produce an electric car last year, canceling<\/p>\n","protected":false},"author":1,"featured_media":9520,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[1076,3367,1113,1109,329,334,3366],"class_list":["post-9519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-apple-inc","tag-beijing-china","tag-byd-co-ltd","tag-driverless-and-semiautonomous-vehicles","tag-electric-and-hybrid-vehicles","tag-tesla-motors-inc","tag-xiaomi-tech"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why China\u2019s Xiaomi Can Make an Electric Car and Apple Can\u2019t - World News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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