Xiaomi to open car plant in Beijing with annual output of 300,000 vehicles
In March, Xiaomi said it would commit to investing $10 billion in a new electric car division over 10 years.
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In March, Xiaomi said it would commit to investing $10 billion in a new electric car division over 10 years.
Hong Kong Special Administrative Region (HKSAR) Chief Executive Carrie Lam kicked off her tour of Central China's Hubei Province visiting a host of Wuhan-based companies and attending the Hong Kong-Hubei Co-operation Conference on Monday, another move that signaled Hong Kong's eagerness to integrate deeper with the mainland's economy, which experts said would benefit Hong Kong.
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In March 2021, Xiaomi said it would commit to investing $10 billion in a new electric car division over 10 years and completed the business registration of its EV unit in late August.
China-based smartphone maker, Xiaomi, is planning to set up an electric vehicle manufacturing unit in Beijing.According to a media report, the plant will be located in the Beijing Economic and Technological Development Zone.