BEIJING, CHINA - APRIL 24: Xiaomi CEO Lei Jun, right, speaks with attendees at the launch of the Grand Tourismo luxury electric sports car on media day at the Beijing International Auto Exhibition on April 24, 2026 in Beijing, China.The biennial showcase, held at the China International Exhibition Center, brings together leading global and domestic automakers to unveil their latest models, concept vehicles, and electric mobility innovations for the world's largest automotive market. (Photo by Kevin Frayer/Getty Images)