Xiaomi Auto Gigafactory Phase II location confirmed to help launch new cars

The location of Xiaomi Auto Gigafactory Phase II has been determined, which will help support the launch of new models. According to the public information of the "Yizhuang New Town YZ00-0606 Block 0106 Land Plan Comprehensive Implementation Plan", the location of Xiaomi Auto Phase II Factory has been approved for industrial land use. The factory is expected to start construction this year and be completed in 2025. This move will provide the necessary production capacity support for Xiaomi Auto's new models to meet market demand.