Friday, 24 March, 2023

Xiaomi is in talks with Beijing Automotive Group Co. to reach its goal of making cars

<p>Xiaomi is in talks to work with Beijing Automotive Group Co. on the production of EVs in an effort to keep its pledge to produce its own automobiles by 2024. The two giants are looking into many options, including Xiaomi purchasing a stake in Beijing Hyundai No. 2, which has a complete manufacturing license for automobiles in China. Xiaomi is considering a production partnership as it struggles to obtain a licence to manufacture automobiles on its own</p>