BEIJING, Oct 23 (Reuters) - Chinese smartphone maker Xiaomi Corp is expected to complete the construction of an expansion of its electric vehicle factory in mid-2025, according to government-backed Chinese media on Wednesday
The second phase of the Xiaomi Intelligent Manufacturing Industrial Base is scheduled to be completed on June 15, according to a report by the National Business Daily citing a person familiar with the project.
The report added that workers were working overtime to complete the project, which is adjacent to the first-phase factory located in Beijing's Yizhuang New Town, an economic development area in which many high-tech firms have set up shop.
Xiaomi did not immediately respond to a request for comment on the report.
The company first announced its entry into the EV business in 2021 as a diversification from its core smartphone operations.
Xiaomi, which launched its first EV the SU7 sedan last December, has quickly emerged as one of the major EV brands in China. It had sold a total of 70,000 units of SU7 cars by end of September since delivery started in March.
(Reporting by Liz Lee and Zoey Zhang; Editing by Michael Perry)
((liz.lee@thomsonreuters.com;))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。