Xiaomi automobile factory settles at Yizhuang, Beijing
2021-10-21 15:12:28 [Print]
Xiaomi announced on October 19th that Xiaomi Automobile finished registration on September 1st in Beijing
With a registered capital of 10 billion yuan (1.56 billion US dollars), Xiaomi Automobile's business scope includes new energy vehicle manufacturing, technology research and development of vehicles and parts, motor and control system research and development, and auto parts and fittings manufacturing.
. The first factory will settle at Yizhuang district, Beijing, where Xiaomi Automobile is headquartered . The new plant is expected to start mass production in the first half of 2024.With a registered capital of 10 billion yuan (1.56 billion US dollars), Xiaomi Automobile's business scope includes new energy vehicle manufacturing, technology research and development of vehicles and parts, motor and control system research and development, and auto parts and fittings manufacturing.