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

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

27/11/2021 11:28:00 AM

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

SHANGHAI: Chinese smartphone giant Xiaomi will build a plant that can produce 300,000 vehicles annually in Beijing for its electric vehicle unit, authorities in the Chinese capital said on Saturday (Nov 27). The plant will be constructed in two phases and Xiaomi will also build its auto unit\u0027s headqua

SHANGHAI: Chinese smartphone giant Xiaomi will build a plant that can produce 300,000 vehicles annually in Beijing for its electric vehicle unit, authorities in the Chinese capital said on Saturday (Nov 27).The plant will be constructed in two phases and Xiaomi will also build 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 said on its official WeChat account.

Beijing E-Town said it anticipated the plant reaching mass production in 2024, a goal announced by Xiaomi's chief executive Lei Jun in October.In March, Xiaomi said it would commit to investing US$10 billion in a new electric car division over 10 years. The company completed the business registration of its EV unit in late August.

The company has been opening thousands of stores to spur domestic sales growth for its smartphone business but eventually intends to use these shops as a channel for its plans to sell electric vehicles.

Read more: CNA »

Greenridge Crescent boys’ deaths: 48-year-old father taken back to scene where bodies were found

SINGAPORE — Police officers on Thursday (Jan 27) took Xavier Yap Jung Houn to the scene where the bodies of his two sons were found. The 11-year-old brothers were found dead near a playground in Upper Bukit Timah last Friday. Read more >>

Xiaomi to open car plant in Beijing with annual output of 300,000 vehicles - Beijing govtSHANGHAI : 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 an This story sounds so familiar. Bye Tesla and the rest of the ‘corpses’ before Elon.

Xiaomi to open car plant in Beijing with annual output of 300,000 vehicles - Beijing govtSHANGHAI : 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 an This story sounds so familiar. Bye Tesla and the rest of the ‘corpses’ before Elon.

Japan factory output to post first rise in 4 mths as bottlenecks ease: Reuters pollTOKYO : Japan's factory output probably rose in October for the first time since June, while retail sales likely posted the first growth in three months helped by eased COVID-19 restrictions, a Reuters poll showed.The stronger data suggests the recovery is gaining more traction, boding well for policymake

First 'robotaxis' enter service in Beijing