Source of the whole thing is Xiaomi, so there’s that. The company that leads always has the headwinds to overcome, the rest draft along behind. Not too impressive on Xiaomi’s part.
That seems like an unfair comparison. Tesla played a huge role in creating the consumer EV market and I imagine had to bear the burden of a lot of R&D costs. I’m sure Xiaomi is doing R&D, but they’re entering a more mature market with existing supply chains and known paths to success that they can lean on.
Checks out. Robo-vacs met the same fate.
Yeah the company that actually creates a market rarely maintains being the market leader once it matures. They always have too much debt from creating the market to be able to capitalize on it most effectively.
Also a Nazi leader
Just because your source of EV market news comes from Tesla doesn’t mean it had a “huge role” in creating the consumer EV market. That’s just your bubble. If it was so huge, why’s US lagging behind in EV adoption?
Fuck off with every mainstream technology being a push by US media rhetoric. There were countries and manufacturers focusing on EVs long before Eulong put an ad out for it for you to see.
I’m not saying they solely created the market, but they did play a role in making the current EV landscape.
If you just go by sales numbers, I think they had the top selling car from mid 2010s-now. Given the EV market is still growing, I think it’s fair to call them a first mover.
For comparison BYD, another long term player and leader in the EV space, took 17 years to turn a profit (if I’m reading their wiki right).
Meh
Oops.
