This week, Xiaomi unveiled its premium model, the SU7 Ultra. On Friday, The New York Times analyzed the rationale behind Xiaomi's swift foray into and success in the automotive sector, contrasting sharply with Apple's setbacks. The key lies in China's dominant position within the global supply chain and Xiaomi's robust ecosystem integration capabilities. In stark contrast, after nearly a decade of persistent efforts, Apple abandoned its electric vehicle manufacturing ambitions last year, shelving a $10 billion project.