Xiaomi Recognized as One of the Most Influential Companies of the Year by TIME Magazine

With the global impact and success it has created with its products, Xiaomi was listed as one of the most influential companies of 2024 by TIME, one of the world’s most prestigious magazines.

The success of global technology giant Xiaomi has entered the “100 Most Influential Companies” list of TIME, one of the most prestigious magazines in the world. In this list of business leaders, TIME highlights Xiaomi’s successful launch of its first smart electric vehicle, the Xiaomi SU7 Series, in China in March 2024. It also underscores the company’s mission to integrate users, cars and homes into a super-smart, human-centric ecosystem. With the launch of Xiaomi SU7, which broke new ground by breaking records in terms of order and delivery volume in its first month on the market, Xiaomi’s “Human x Automobile x Home” ecosystem and smart devices are uniquely connected.

It is one of the world’s five largest automobile manufacturers and aims to be a leader in innovative technologies.

Xiaomi continues to make sustainable investments in core technologies and develop technologies that will benefit humanity. The company aims to invest more than RMB 100 billion in R&D over the five years from 2022 to 2026. As a result of 15 to 20 years of work, Xiaomi aims to become one of the top five automobile manufacturers in the world, as well as a leader in the field of developing global cutting-edge technologies.

Brand spokesperson said, “As Xiaomi, we are honored to be included in TIME’s 2024 ‘100 Most Influential Companies’ list. We work to ensure that everyone around the world lives a better life with innovative technologies. We continue to produce products that make users’ lives easier and do our best to be worthy of this award.” He expressed his pride by saying, “We are producing more innovative solutions day by day.”

In creating the list, TIME identifies candidates across industries and consults outside experts, as well as its global network of contributors and reporters. Magazine editors then evaluate each company on key factors such as impact, innovation, tenacity and success. Following these evaluations, a group of 100 companies emerges that are believed to play an important role in the future.