Keep pulling the thread on Alain Lam.
Xiaomi's sales revenue exceeded 450 billion RMB in the previous year.
Xiaomi decided to enter the electric vehicle industry in 2021 and launched its first car in 2024.
Xiaomi designed its first electric vehicle and built a factory for it in less than three years.
Xiaomi sold 50,000 electric vehicles within the first 30 minutes of launch.
Xiaomi has over 180 million daily active smartphone users in China.
Xiaomi built its own large-scale factory in Beijing to manufacture its electric vehicles.
New energy vehicles (NEVs) account for 50-60% of new car sales in China.
Xiaomi has released its large language model as an open-source project.
Xiaomi has over one billion connected devices in its ecosystem globally.
Xiaomi has over 800 million smartphone users globally.
Xiaomi plans to begin exporting its electric vehicles to Europe in the second half of the upcoming year.
The Norwegian Sovereign Wealth Fund owns more than one percent of Xiaomi.