Xiaomi Automobile aims at 300,000 EVs annual production, first EV will be launched in 2024

28 November 2021, 16:14:41

Xiaomi and a committee from the Beijing Economic-Technological Development Area held a signing ceremony on November 27th for a cooperation agreement. With this agreement, it has been announced that Xiaomi Automobile for the production of EVs will be settled in Beijing with its main, sales, research and development headquarters. Xiaomi plans to offer an annual production of 300,000 EVs which will be achieved in two stages, each with a capacity of 150,000 vehicles. The first mass-production vehicle will be launched in 2024.

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