Xiaomi to open car plant in Beijing with annual output of 300,000 vehicles
Xiaomi is planning to build a plant that can produce 300,000 vehicles annually in Beijing for its electric vehicle unit.
Nov 27, 2021, 18:40 PM IST
Xiaomi eyes electric vehicles segment, to invest $10 billion in new EV unit over 10 years
The firm will initially invest 10 billion yuan ($1.52 billion) in the unit, with a total investment goal of $10 billion over the next ten years, it said in a filing published earlier on the Hong Kong stock exchange. The company's move into cars follows similar steps by other tech giants, in China and overseas.
Mar 30, 2021, 22:22 PM IST
