[ad_1]
Xiaomi alone announced his plans for an electric car in March, but it has big goals. According to to Reuters, Beijing E-Town finance agency has confirmed that Xiaomi will build an EV factory in the city that can produce 300,000 cars a year. The plant will be built in two stages and should start production in 2024.
The company will re-establish its EV headquarters, research and sales units in Beijing, the agency said. Xiaomi already wants to use the retail space to help sell cars.
There is much that is not known about Xiaomi’s car concept, including its original colors and global coverage. The the best tech brand expects to invest $ 10 billion in the EV segment over 10 years, but did not share much more than that. The Beijing factory says a lot – it shows that Xiaomi wants to be the biggest (if ever the youngest) manufacturer of EVs that compete not just with Chinese players. like Nio and Xpeng, but manufacturers of foreign automakers prefer it Tesla.
All sales supported by Engadget are selected by our writing team, independent of our parent company. Some of our articles include links to links. If you purchase something through one of these links, we may be able to find a support service for you.
[ad_2]
Source link
