Xiaomi will build an EV factory in Beijing capable of manufacturing 300,000 cars a year

[mylesillidge]

Xiaomi EV factory to produce 300,000 electric vehicles per year

Xiaomi Corp. will build an electric vehicle (EV) factory that can produce up to 300,000 cars per year, according to a Reuters report.

As confirmed by economic development agency Beijing E-Town, construction will occur in two stages and production is expected to begin in 2024.

 

[Muiskas]

If their cars are as good as their smartphones and smart products, I can see huge profits ahead.

 

[igeorge]

Pity we're unlikely to see them I have their whole ecosystem - drones, phones, toothbrushes, vacuum, sensors. Great kit)

 

[Dan C]

If their cars are as good as their smartphones and smart products, I can see huge profits ahead.

They will all be white. Most of their products are

 

[Muiskas]

Pity we're unlikely to see them I have their whole ecosystem - drones, phones, toothbrushes, vacuum, sensors. Great kit)

Gov is in bed with China, so there's a chance we might see them. BRICS and all.