In 2012, Xiaomi Mi-One was analyzed on Xataka, a unknown phone manufacturer that showed promising signs and would later become a major player in the smartphone market. The founder and CEO, Lei Jun, acknowledged the comparison to Steve Jobs, but stated that he didn't want Xiaomi to be compared to Apple, but rather to Amazon. However, it's clear that Xiaomi wanted to be compared to Apple, as they took advantage of their popularity and even copied some of their designs. Despite this, Xiaomi has become one of the largest smartphone manufacturers in the world, and in 2021, they were crowned as the leaders of the global market, according to Counterpoint Research. In Spain, Xiaomi is unbeatable. Now, Xiaomi is setting its sights on the electric car market, with the presentation of the Xiaomi SUV7, and Lei Jun has stated that they aim to become one of the top 5 automobile manufacturers in the world in the next 15-20 years. The company has always looked up to Tesla as a reference, and with the Xiaomi SUV7, it seems that they are following the same strategy: to compete with Tesla. The question is, can they do it? Will we believe it? It seemed unlikely in the mobile phone market, but Xiaomi proved it was possible. Tesla has become the absolute reference in the electric car market, and it will be a challenge for Xiaomi to compete with them. However, Xiaomi has already shown that they can do it in the smartphone market. It remains to be seen if they will face the same obstacles as other manufacturers in the traditional automotive industry.
Read MoreNorway, a leader in electric cars, faces a financial hurdle as electric vehicle sales soar, and the government struggles to tax them. The country's electric car subsidies have led to a surge in sales, but the lack of tax revenue has resulted in a significant loss for the state. As of 2023, electric vehicles in Norway are subject to a weight tax, but those with batteries over 70kWh are exempt. This exemption has led to the production of heavier electric vehicles, which are less efficient and have lower ranges. To address this issue, Norway plans to implement a linear tax based on the weight of the vehicle, with a minimum of 12.5 Norwegian crowns per kilogram exceeding 500kg. This tax aims to encourage the production of more efficient electric vehicles, which will help the country meet its emissions targets and maintain its position as a leader in electric vehicle adoption.
Read More