Satellites are all the rage.

A long-standing tradition at MWC was the Monday debate between the CEOs of the four major European telecommunications operators, whose added value was gender parity. This year, that tradition was broken: in the afternoon, Marc Murtra of Telefónica and Tim Höttges of Deutsche Telekom repeated their usual refrain, demanding better treatment from European regulators that would encourage consolidation into larger groups. According to Murtra, this is essential for the continent's sovereignty, because it's naive to believe that the US and China will provide us with their most advanced AI models in ten years' time. Höttges introduced a new element: he called on states to invest in digital services from the major European telecommunications companies. telecoms European companies, instead of opting for the easy route of contracting with American hyperscalers. Christel Heydemann (Orange) and Margherita Della Valle (Vodafone) met this morning, and Della Valle announced an alliance with Orange and Telefónica to jointly deploy satellite coverage capable of competing with Elon Musk's Starlink, which he announced this afternoon will begin operating. GSMA Intelligence says that 80% of mobile operators already have agreements with some satellite network to supplement service in areas without coverage.

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The YU7 is the Xiaomi's new electric SUV, a model that leverages the platform and mechanical components of the SU7, the sedan that has managed to terrify major European and American manufacturers thanks to its extraordinary performance and its impressive performance on the old Nürburgring track, where it has managed to match and surpass the records of electric sports cars from Tesla and Porsche. In fact, the YU7 is a true sales success in China, where it sold out more than 200,000 reservations in less than three minutes, despite its price, around €35,000 at the current exchange rate for the entry-level versions of the model. Among the key factors that explain its commercial success are its interior space (with a trunk with a capacity of more than 800 liters), its technological and connectivity capabilities (it has more than 12 cameras and lidar sensors, in addition to a large central screen inside the cabin), and its excellent balance between quality, price, and power.

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After leaving half the world speechless with the presentation of the new SU7 UltraXiaomi continues to advance along its roadmap with the goal of becoming the new global leader in electric mobility. The Chinese company aims to make a grand entrance in Europe with the construction of an innovative electric car research and development center in Munich, Germany's automotive capital, which is expected to be operational by 2027.

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After conquering the Chinese market with the revolutionary SU7, Xiaomi is once again betting on an expansionist policy that will allow it to expand into new markets, including, in a prominent position, Europe. The Chinese company had already planned to enter the European market in its operational plan, but the huge demand generated in China, with more than 140,000 vehicles sold in the last twelve months, has been compounded by a long waiting list to purchase a new car. All of this has put a strain on the production line, absorbing all production and generating waiting lists among customers who wish to purchase the aforementioned SU7 and other future models of the brand.

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