BEIJING, CHINA - APRIL 24: Attendees look at the new electric sports card by Denz, a division of Chinese automaker BYD, as it is displayed 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)

BEIJING, CHINA - APRIL 24: A live streamer stands at the launch of the Grand Tourismo luxury electric sports car from Chinese automaker Xiaomi 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)

BEIJING, CHINA - APRIL 24: A robot stands next to a sports car from the Chinese automaker Hong Qi as it displayed 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)

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)

BEIJING, CHINA - APRIL 24: Xiaomi CEO Lei Jun, second from right, gestures as he 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)

BEIJING, CHINA - APRIL 24: Xiaomi CEO Lei Jun stands next to the newly launch Grand Turismo luxury electric sports car as he speaks 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)

BEIJING, CHINA - APRIL 24: An attendee walks by a newly launched electric sports car from Chinese automaker Lynk & Co, a division of Geely, 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)

BEIJING, CHINA - APRIL 24: Attendees crowd to take photos and videos of Xiaomi CEO Lei Jun, top left, and Xiaomi's SU7 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)