How China’s Xiaomi Beat Apple and Is Taking on Tesla

Video Description

Chinese smartphone giant Xiaomi may not be a household name globally, but it’s succeeded where Apple failed by launching its own electric car. That’s a feat Apple couldn't accomplish despite a decade of effort and billions of dollars spent. Now, Xiaomi is turning its sights to Tesla. Bloomberg Originals explains why Xiaomi is betting big on EVs. 00:00 Introduction 01:41 What is Xiaomi 03:46 Why electric cars? 04:45 How the tech company did it 07:00 Why its cars are popular 08:12 China’s EV ecosystem 09:00 Xiaomi’s global ambitions #Xiaomi #EV #China #automotive #SU7 -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg News for global news and insight in an instant.