BYD’s electric dream: From humble beginning to a global EV powerhouse
BYD (Build Your Dreams) has become a prominent testament to China’s remarkable ascent within the global economy, placing the brand as a symbol of the country’s economic success story. BYD was founded in 2005, initially focusing on making rechargeable batteries for consumer electronics. However, BYD’s founder and CEO Wang Chuanfu’s had different aspirations. He envisioned […]
“Do you have confidence in the future of Xiaomi’s automobile?”: Trending hashtag on Chinese social media
On March 28th, Xiaomi’s first EV under the brand Xiaomi Auto, Xiaomi SU7, was officially launched, with its standard version priced at RMB 215,900 and the most expensive version priced at RMB 299,900, amid much anticipation. According to Xiaomi’s founder, Lei Jun, Xiaomi Auto integrates the core advantages of Xiaomi as a technology company, particularly in intelligent technology, where it has more competitive advantages over traditional […]