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Home » Xiaomi Targets Mid-2025 for Completion of Expanded Electric Vehicle Factory in Beijing

Xiaomi Targets Mid-2025 for Completion of Expanded Electric Vehicle Factory in Beijing

Joan Aimuengheuwa by Joan Aimuengheuwa
October 23, 2024
in DisruptiveTECH
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Xiaomi Targets Mid-2025 for Completion of Expanded Electric Vehicle Factory in Beijing
Xiaomi

Xiaomi

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Smartphone manufacturer Xiaomi Corporation says it will advance its electric vehicle (EV) drive with the completion of the second phase of its EV factory in mid-2025. 

This is another step in Xiaomi’s strategy to expand beyond its core smartphone operations and gain ground in the EV market.

According to sources, construction on the second phase of the Xiaomi Intelligent Manufacturing Industrial Base in Beijing is progressing swiftly, with an expected completion date of 15 June 2025. 

The project, located in Beijing’s Yizhuang New Town—a hub for high-tech industries—will see workers pushing to meet deadlines as they work overtime to accelerate the build. 

Once finished, the expansion will boost Xiaomi’s production capacity, further strengthening its push in China’s EV sector.

The first phase of this facility, which already operates in the same area, has enabled Xiaomi to manufacture its first EV, the SU7 sedan, which launched last December. The vehicle has quickly gained traction, with the company reporting sales of 70,000 units by the end of September, just six months after deliveries commenced in March.

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Xiaomi’s venture into the electric vehicle market, initially announced in 2021, is part of the company’s goal to diversify its product offerings. The rapid sales of the SU7 ascertain Xiaomi’s ability to translate its expertise in consumer electronics to the automotive industry. 

The completion of the second phase of its factory will not just increase production but also enhance the technological capabilities of the facility, including its automated manufacturing processes.

With its Electric Vehicle factory projected to reach a total annual production capacity of 300,000 vehicles following the expansion, Xiaomi is aiming for long-term growth in the EV market. 

While the company has yet to comment on this latest development, the progress made thus far shows its focus on becoming a big name in electric vehicles, complementing its established success in smartphones.

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