Xiaomi Auto Plant Reportedly to Have 300000-Unit Capacity - Bloomberg

Xiaomi Corp.’s auto unit in Beijing will have an annual production capacity of 300,000 cars, the China Securities Journal reported.

China’s largest smartphone maker on Saturday signed a contract with Beijing Economic-Technological Development Area, with its auto plant to be built in two phases, each having a capacity of 150,000 cars, the report said. 

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