![Xiaomi buys US$116 million site for electric car production in Beijing](https://img.easybranches.com/uploads/news/2024/07/xiaomi-buys-us-116-million-site-for-electric-car-production-in-beijing.jpg)
The purchase of the 53-hectare site, which is close to Xiaomi’s existing EV factory, comes after early success of its SU7 sedan announced in March.
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