TIME has named Xiaomi as one of its “TIME100 Most Influential Companies” in 2024. Xiaomi received the honor — for the first time — because TIME determined that it is making an extraordinary impact around the world.
Xiaomi as One of the most Influential Companies of this Year
TIME ranked the Chinese manufacturer on the list due to its successful launch of its first smart electric vehicle, the SU7 Series, in March 2024. The EV integrated people, cars, and homes into a smart ecosystem, setting new industry records for locked-in orders and deliveries.
The company plans to invest over RMB100 billion in research and development between 2022 and 2026, aiming to become one of the top five global automakers and a leader in cutting-edge technologies, demonstrating its commitment to sustainable investments in foundational core technologies.
“Xiaomi is honored to be selected for the TIME100 Most Influential Companies list for 2024. We look forward to living up to this award by continuing to produce products that let everyone in the world enjoy a better life through innovative technology,” said Xiaomi’s spokesperson.
To assemble the list, TIME solicited nominations across sectors, and polled its global network of contributors, correspondents, and outside experts.
Then TIME editors evaluated each on key factors, including impact, innovation, ambition, and success. The result is a diverse group of 100 businesses helping chart an essential path forward.
See the full list here.
Started his freelancing adventure in 2018 and began doing freelance Audio Engineering work and then started freelance writing a few years later.
Currently he writes for Gadget Pilipinas and Grit.PH.
He is also a musician, foody, gamer, and PC enthusiast.
