Live Q&A: How Xiaomi Succeeded in EVs Where Apple Failed
Xiaomi has emerged as the only major tech company to successfully break into the EV market — achieving in three years what Apple couldn't in over a decade. Lei Jun's confident jab at Apple during the Beijing SUV launch — paired with nearly 300,000 orders in under an hour — has sparked a global conversation. With its affordable pricing, slick Porsche-like designs, and seamless smartphone integration, Xiaomi's cars are seeking to redefine the smart vehicle landscape. Bloomberg's Annabelle Droulers, Linda Lew, Katrina Nicholas, and Vlad Savov unpack the rapid rise of Xiaomi's EV ambitions, its competitive edge in China's hyper-charged auto market, and what this means for global players like Tesla. Join the Live Q&A on July 7, 2025 at 11 a.m. HKT / 8:30 a.m. IST / 11 p.m. ET (July 6, 2025) Bloomberg digital subscribers and Terminal clients have the exclusive opportunity to ask our team live questions. This conversation will be recorded and be made available to listen and share.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
34 minutes ago
- Yahoo
Power Grid Corp. of India rises Friday, underperforms market
Power Grid Corp. of India Ltd. 532898 shares inched up 0.14% to 294.10 Indian rupees Friday, on what proved to be an all-around favorable trading session for the stock market, with the BSE SENSEX Index 1 rising 0.23% to 83,432.89. Power Grid Corp. of India Ltd. closed 19.69% below its 52-week high of 366.20 rupees, which the company reached on September 25th. Now that the megabill has passed, expect a ton of short-term debt to be sold to finance the government's deficit 'I'm single': At 70, I have $500,000 in stocks and $220,000 in savings. How do I invest my $130,000 windfall? 'Today is my 61st birthday': I have my ex-spouse's Social Security benefits. Should I retire at 65 and travel? 'I do all the yard work, cooking and cleaning': I live with my daughter and her lazy boyfriend. She wants me to buy her house. Do I say yes? My wife and I are in our late 60s. Do I sell stocks to pay our $30,000 credit-card debt — or do it gradually over 3 years? The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Tata Power Co. Ltd. TATAPOWER rose 0.28% and Gujarat Industries Power Co. Ltd. 517300 fell 0.74%. Jindal Steel & Power Ltd. JINDALSTEL fell 0.37%. Trading volume totaled 573,674, compared to the 50-day average of 354,312. My wife and I have $7,000 a month in pensions and Social Security, plus $140,000 cash. Can we afford to retire? 'Finance makes me break out in hives': I inherited $240K from my parents. Do I pay off my $258K mortgage and give up my job? The Dow and Russell 2000 are joining the stock market's party. Is it a game changer for the bulls? My job is offering me a payout. Should I take a $61,000 lump sum — or $355 a month for life? We're living in 'end times' when you can't retire on $1 million Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
35 minutes ago
- Yahoo
Japan tariff negotiator held "in-depth" talks with Lutnick, Japan government says
TOKYO (Reuters) - Japan's tariff negotiator Ryosei Akazawa held "in-depth exchanges" over the phone with U.S. Commerce Secretary Howard Lutnick on Thursday and Saturday, the Japanese government said. A pause on a 24% reciprocal tariff on imports from Japan expires next week. The Japanese government also said in a statement that it intends to continue actively coordinating with the U.S. side on the matter. 登入存取你的投資組合
Yahoo
41 minutes ago
- Yahoo
Apple Inc. (AAPL): People Are Tired Of The Stock Buybacks, Says Jim Cramer
We recently published . Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer recently discussed. Cramer continues to be one of Apple Inc. (NASDAQ:AAPL)'s strongest proponents even though the firm's shares have lost 12.6% year-to-date. The stock has struggled due to trade tensions between the US and China that have threatened to disrupt the supply chain, the firm's struggle to convince the market about its presence in the AI market, and concerns about slow iPhone sales. However, the CNBC host believes that Apple Inc. (NASDAQ:AAPL) will maintain its stature as long as the firm holds its high-end smartphone market share. This time around, he criticized Apple Inc. (NASDAQ:AAPL)'s stock buybacks and deemed them inadequate: '[On reports of Apple reportedly looking to rely on third party AI] Look at how the stock reacted. Because people are tired of Apple just saying, you know what we're gonna do, we're gonna buy back stock until we get something better. No. I mean that's not what you can do anymore. A wide view of an Apple store, showing the range of products the company offers. Cramer commented on Apple Inc. (NASDAQ:AAPL)'s woes in detail recently. Here is what he said: '. . .Apple, which cannot get out of its own way. And I think probably could go down to 25 times earnings. Which is a substantial decline. Apple's a share donor. It's a share donor. '[On why Apple stock should be bought] No I'm not going to because I think the multiple's too high. While we acknowledge the potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
