The recognition of Xiaomi by TIME as one of the “100 Most Influential Companies” in 2024 marks a historic milestone for the technology company that has always aimed at innovation as the driver of its development. For the first time, Xiaomi enters this prestigious list, joining a select group of companies that are shaping the future of our planet.
Xiaomi enters TIME's list of the 100 Most Influential Companies of 2024
TIME's decision to include Xiaomi among the most influential companies was influenced by the successful launch of its first smart electric vehicle, the Xiaomi SU7 series, which occurred in China in March 2024. The automobile has been praised for its effort to integrate people, cars, and homes into a super-intelligent, individual-centered ecosystem. Xiaomi has set new industry records for the volume of confirmed orders and deliveries of the SU7 series in the first month of its debut. Its “Human x Car x Home” ecosystem connects smart devices in unprecedented ways and seamlessly.
Xiaomi's commitment to sustainable investments in core technologies is evident in its promise to invest over RMB 100 billion in research and development over the five-year period 2022-2026. With a horizon of 15-20 years, Xiaomi's goal is to position itself among the top five global automotive manufacturers and become a leader in cutting-edge technologies globally.
Xiaomi's spokesperson expressed the company's honor for being selected in the TIME100 list of the Most Influential Companies for 2024, underlining Xiaomi's intention to continue producing products that allow everyone to enjoy a better life through innovative technology.
To compile the list, TIME solicited nominations across various industries and consulted its global network of contributors and correspondents, as well as outside experts. Next, TIME editors evaluated each nominee based on key factors such as impact, innovation, ambition and success. The result is a diverse group of 100 businesses that are helping to chart an essential path to the future.
The list was compiled by TIME after extensive research and consultation with its global network of authors, correspondents and specialists in numerous fields, as well as nominations from those fields. basketball stars