TeslaXiaomi Auto
Tesla and Xiaomi Drive a Crucial EV Turning Point
Tesla, Xiaomi, and Momenta made July 8 a pivotal day for the EV market, with Tesla reporting 1.636 million 2025 deliveries and assisted-driving major crash rates at one-eighth of the U.S. average, while Xiaomi teased its new SkyNomad family SUV line. The bigger story is that Chinese EV competition is shifting beyond hardware into ADAS, OTA software, solid-state batteries, and global scale, with Momenta’s HK$70 billion debut showing how valuable automotive AI has become.
9 min