Xiaomi CEO Lei Jun predicts his company’s expensive EV bet could soon start making money

fortune.com/asia/2025/06/04/xiaomi-ceo-lei-jun-predicts-ev-profit

When Xiaomi unveiled its electric car to much fanfare in late 2023, CEO Lei Jun called the project his last entrepreneurial endeavor.
Fifteen months later, Lei’s bet now seems like it might pay off. At a Tuesday event in Beijing, the Xiaomi CEO suggested that the company’s EV business…

This story appeared on fortune.com, 2025-06-04 09:48:30.
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