Source: Luxeed S7, the first intelligent pure electric vehicle, at Huawei’s flagship store in Shanghai, China (Photo by Costfoto/NurPhoto via Getty Images)
Headline: “Huawei and Xiaomi are looking to build EV cars”
The only key two takeaways from this headline are:
1. EVs are much simpler to make: they have 5-10x moving parts and entertainment plays a key role. Huawei and Xiaomi, two of the most important smartphone makers, are looking to launch their EVs. Or at least to share their infotainment system as the operating system with EV automakers.
2. Apple is following closely to see how these things will unfold because has the same interest. Now, it is known by now that Apple hasn’t launched a product first in any category and that it doesn’t ship MVPs. So, when you think about the $9 trillion automotive market everything is possible.
