Lei Jun first set his Chinese smartphone firm Xiaomi up as an “Apple copycat”, said the Financial Times – and just over a decade later, he has stolen a crucial march on the US giant.
Apple recently scrapped its “decade-long, multibillion-dollar project” to build an electric vehicle (EV); but “Lei Jobs” (as he is known to fans) has pulled off the feat in just three years.
Carmakers report drop in EV sales
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Industry in ‘crisis mode’
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