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Lei Jun Responds to Xiaomi's Extended-Range EV Plans: Market Not Saturated, Product Experience Greatly Improved

From:Internet Info Agency 2026-07-30 08:33:00

On July 29, Lei Jun, founder, chairman, and CEO of Xiaomi Group, responded via Weibo to questions about why Xiaomi is launching extended-range electric vehicles (EREVs). He stated that neither extended-range nor pure electric vehicle technologies is inherently superior—the key difference lies in user experience. Lei noted that the EREV market is far from saturated and still holds significant growth potential. He emphasized that Xiaomi's new EREV technology has addressed many pain points found in earlier EREV models, delivering performance that is incomparable to those early products.

Editor:NewsAssistant