Xiaomi officially denies plans to acquire shares in Evergrande Auto

Recently, Xiaomi officially denied the market rumors that Xiaomi Auto plans to acquire 58.5% of Evergrande Auto. Xiaomi said that the company has never had any plans or actions to acquire or control Evergrande Auto. Although there was news that the production capacity of Xiaomi's Beijing factory was a total of 300,000 units due to the hot sales of Xiaomi SU7, in order to promote the production capacity of Xiaomi SU7 and prepare for the mass production of the second SUV model, Xiaomi Auto plans to use Evergrande Tianjin Factory to quickly expand production capacity.