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Xiaomi to open electric vehicle plant in Beijing Arab News

November 28, 2021
Source: arabnews.com arabnews.com
News Snapshot:
u003Cpu003ErtBEIJING: 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.u003Cbr /u003ErtThe plant will be constructed in two phases and Xiaomi will also built its auto unitu2019s headquarters, sales and research offices in the Beijing Economic and Technological Development Zone, the government-backed economic development agency Beijing E-Town said on its official WeChat account.u003Cbr /u003ErtBeijing E-Town said it anticipated the plant reaching mass production in 2024.u003Cbr /u003ErtIn March, Xiaomi said it would commit to investing $10 billion in a new electric car...
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