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Xiaomi plans electric vehicle factory to produce 300,000 cars per year

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News, Reviews & Betas which includes large community peer support Xiaomi is going to build a car factory in Beijing. It will output 300,000 electric vehicles per year when running at capacity and should begin operations in 2024, based on previous comments.
According to a Reuters report, Xiaomi is planning to build a factory that can produce 300,000 electric vehicles per year in Beijing. The company’s CEO, Lei Jun, revealed last October that he hoped the firm could be mass-producing electric vehicles in 2024 and this newly announced factory will help towards that goal.

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