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Xiaomi to open car plant in Beijing with annual output of 300,000 vehicles – Beijing govt

November 28, 2021
Source: truemedian.com truemedian.com
News Snapshot:
Economy 13 hours ago (Nov 27, 2021 03:50AM ET) © Reuters. FILE PHOTO: The Xiaomi logo is seen at a Xiaomi shop in Shanghai, China May 12, 2021. REUTERS/Aly Song/File Photo SHANGHAI (Reuters) – Chinese smartphone giant Xiaomi (OTC:) 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 Zone, the government-backed economic development agency Beijing E-Town...
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Tags: auto | Beijing | Business | capital | car | China | Chinese | data | development | Economy | electric car | electric vehicle | EV | executive | finance | financial | investment | Shanghai | smartphone | social media | stocks | Tencent | website | WeChat | Xiaomi

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