Electric cars are growing in popularity everywhere, including China where numerous companies, many of which had no previous ties to the automotive industry, have been delving into the world of electric vehicles. It has been speculated for a few months that Xiaomi intends to make such an expansion, especially after rumors that Apple was working on its own electric vehicle emerged, which is relevant considering how much Xiaomi tries to “emulate” Apple. However, Xiaomi CEO Lei Jun has made it clear that the company has no such plans at the moment.