Xiaomi

Xiaomi stunned the automotive world with its SU7 electric sedan, which received 100,000 pre-orders within the first 24 hours of launch. Beyond EVs, the company sells affordable smartphones in over 100 countries, shipping 150 million units in 2025. Its smart home ecosystem now connects over 700 million devices, making it the largest IoT platform globally. The SU7 boasts a range of 830 kilometers, outperforming #5 Baidu's Apollo-related EV initiatives by 15% in efficiency. Xiaomi's manufacturing prowess is underscored by a $1.4 billion investment in a dedicated EV factory, which achieved a production rate of one car per 72 seconds. This rapid transformation from smartphone giant to EV contender demonstrates exceptional versatility.