Xiaomi's Pan Jiutang: Imitation Lays the Groundwork for Innovation, Yet No Company Can Thrive on Imitation Alone
2026-01-15 / Read about 0 minute
Author:小编   

Recently, Pan Jiutang, a partner in Xiaomi's Industrial Investment Department, reiterated his stance that while imitation can be seen as the bedrock of innovation, relying solely on imitation is not a viable path to success for enterprises. Previously, he highlighted that during the last wave of pure electric vehicle development, numerous domestic automakers took Tesla as their benchmark. However, their efforts yielded only limited success. Now, with the Xiaomi SU7 and YU7 models garnering acclaim from industry experts and winning over consumers, they have even become subjects of disassembly and study by leading domestic and international automakers. In light of this, many industry peers promptly revised their product strategies and, in some cases, even renamed their models in 2025. This is, after all, a standard business maneuver.