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Xiaomi taps Beijing as its EV headquarters alongside a new 300,000 vehicle-per-year factory – NewsBreak

News Snapshot:

Xiaomi Automotive recently signed a contract with a committee from the Beijing Economic-Technological Development Area to establish its entire automotive business in the suburb of Yizhuang. With a goal to put its first EV on roads in 2024, Xiaomi will establish its headquarters, R&D, and manufacturing on the site that will…

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