Lei Jun responded to "Apple giving up car manufacturing": I don't know why Apple couldn't succeed, external reports cannot be accurately referenced.

Recently, Xiaomi Group held the 2025 Investor Conference. At the meeting, Lei Jun reported on the recent development of Xiaomi to investors and also answered the questions that were of common concern. Among them, an investor mentioned Xiaomi's car and asked: why "Apple couldn't make it in ten years, but Xiaomi could do it in just over three years"? In response, Lei Jun said, "Apple is a great company on this planet, and it has been our learning and benchmarking target since Xiaomi was founded fifteen years ago. As for why they eventually gave up on making cars, I don't know the exact reason. External reports cannot be taken as a accurate reference."