What Xiaomi’s Billionaire CEO Lei Jun Is Reading to Build EVs
Xiaomi co-founder Lei Jun.
Photographer: Shawn Koh/BloombergThis article is for subscribers only.
Xiaomi Corp. co-founder Lei Jun may be busy launching new smartphones, but it seems he’s still laser focused on his carmaking ambitions.
The billionaire businessman has been asking friends in the auto industry for books to read to better understand the sector, according to a post he shared on Weibo, China’s Twitter-esque social media service. Lei is personally spearheading a $10 billion project to make Xiaomi-branded electric vehicles by 2024.