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Xiaomi will build a plant to produce hundreds of thousands of electric vehicles per year



According to reports, the company is serious: a plant to produce electric vehicles with a capacity of 300 thousand units per year will be built in Beijing. The plant will be built in two years; the manufacturer should reach full production capacity in 2024.

As noted, the plant will consist of the production area itself, as well as the headquarters of the automotive division, sales offices and a research division.

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