China's Xiaomi muscles into hypercar territory with 1,900 hp concept EV

China’s tech giant Xiaomi has unveiled a Vision Gran Turismo (VGT) concept hypercar at Mobile World Congress 2026 in Barcelona, marking the first new entrant in the VGT program in 28 years. The VGT program allows manufacturers to design extreme, no-rules hypercars primarily for virtual racing games, with some brands producing physical show cars. Xiaomi’s concept features a radical aerodynamic design, scissor doors, carbon-fiber rear wing, and aggressive airflow engineering. While not intended for production or preorder, the concept serves as a high-tech showcase of Xiaomi’s engineering ambitions, especially as the company expands from consumer electronics into electric vehicles (EVs). The concept hypercar is notable for its advanced 900V Silicon Carbide (SiC) platform, which surpasses the typical 400V or even 800V architectures found in most current EVs, promising higher efficiency, less heat loss, faster charging, and superior performance. Xiaomi claims the concept would deliver an extraordinary 1