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BEIJING: Chinese smartphone giant Xiaomi Corp. will build a plant that can produce 300,000 vehicles annually in Beijing for its electric vehicle unit, authorities in the capital said on Saturday. The plant will be constructed in two phases and Xiaomi will also built its auto unit’s headquarters, sales and research offices in the Beijing Economic and Technological Development
Xiaomi to open car plant in Beijing with annual output of 300,000 vehicles
SHANGHAI – Chinese smartphone giant Xiaomi
One of the world?s smartphone-making majors, Xiaomi, expects to break into the ever-expanding electric vehicle market in establishing a Beijing plant capab
In March, Xiaomi said it would commit to investing $10 billion in a new electric car division over 10 years. The company completed the business registration of its EV unit in late August.