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Xiaomi to open car plant in Beijing with annual output of 300,000 vehicles
Published on: 2021-12-02
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Chinese smartphone giant Xiaomi Corp will build a plant that can produce 300,000 vehicles annually in Beijing for its electric vehicle unit.
 

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 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 $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.
 

小米汽车正式落户北京亦庄,目标两期累计年产30万辆车

11月27日,北京经济技术开发区管委会与小米正式签订合作协议,正式宣布小米汽车落户北京经开区。小米汽车将在北京经开区分两期建设累计年产量30万辆的整车工厂,其中一期和二期产能分别为15万辆,2024年首车将在北京经开区下线并实现量产。

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