From Quiver Quantitative:

Chinese smartphone giants Huawei and Xiaomi have taken the lead in integrating digital features into electric vehicles (EVs), with new cars designed to work seamlessly with their phones. This move aims to engage phone customers with smart vehicles before Apple’s potential entry into the automotive industry. Other Chinese companies, such as NIO, are also venturing into the smartphone market. Xiaomi’s first electric sedan targets the high-end market, while Huawei launches a premium SUV starting at $70,000. Both cars integrate seamlessly with their smartphone ecosystems. Analysts predict Apple might unveil its car around 2026.



Read more: Huawei & Xiaomi Zoom Past Apple in Tech-Powered Car Race