![](https://i.imgur.com/CLvY2jA.png")
25-03-2023, 04:54 AM
Xiaomi to mass produce EV in 2023
Xiaomi is the expert at entering crowded competitive low margin business. It is as it they can't get enough of it. Be it vacuum cleaners, TV
, tablets, rice cooker etc.
Their trick is always to farm out manufacturing to low cost producers who can make but can't sell and do the design, marketing and branding. They will add software to differentiate their products.
Their entry also coincides with the industry becoming crowded.
https://www.scmp.com/tech/tech-trends/ar...i-jun-says
Xiaomi is the expert at entering crowded competitive low margin business. It is as it they can't get enough of it. Be it vacuum cleaners, TV
, tablets, rice cooker etc.
Their trick is always to farm out manufacturing to low cost producers who can make but can't sell and do the design, marketing and branding. They will add software to differentiate their products.
Their entry also coincides with the industry becoming crowded.
https://www.scmp.com/tech/tech-trends/ar...i-jun-says
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
