$NIO Inc.(NIO)$ $NIO-SW(09866)$
NIO founded in 2014 after 10 years, estimated revenue in 2024 (10 billion)!
$XPeng Inc.(XPEV)$ $XPENG-W(09868)$ founded in 2014 after 10 years. estimated revenue 2024 (5 billion)
$BYD COMPANY(01211)$ $BYD Co., Ltd.(BYDDF)$ founded in 1995 after 10 years, revenue 2005(3.4 billion)
$Tesla Motors(TSLA)$ founded in 2003 after 10 years, revenue 2013(2 billion)
$GEELY AUTO(00175)$ $Geely Automobile Holdings Ltd.(GELYF)$ founded in 1997 after 10 years, revenue 2007(2 billion)
$Rivian Automotive, Inc.(RIVN)$ founded in 2009 after 10 years, revenue 2019(1.3 billion)
$Lucid Group Inc(LCID)$ founded in 2007 after 10 years, revenue 2017(5 million)
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Xiaomi only took 8 months to beat Nio. What's a formidable competitor. Next year Xiaomi total sales per year should be able to beat Nio after their 2nd factory is ready by mid of 2025 which is earlier than Nio 3rd factory by 3rd or 4th qtr 2025.
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