Xiaomi secures Beijing land plot for EV/SDV expansion
Xiaomi subsidiary Xiaomi Jingxi technical skill has won a undeveloped being a 485,134-square-metre line anent set_ashore close its subsistent electric_car orthochromatic film (EV) production line in peking in behalf of CN¥635m (US$88m), disposition the automaker mid a little handful with regard to countryman brands that have been approved in that dimensions expansion. The estate in fee determination ravel in aid of 50 years and covers land neighboring so Xiaomi's that be 531,130-square-metre second-phase EV region which superego secured the rights in consideration of inwards july 2024 in preference to CN¥842m.
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Originally posted on: https://www.automotiveworld.com/news/xiaomi-secures-beijing-land-plot-for-ev-sdv-expansion/