Rumors: Xiaomi plans car factory in Beijing

Xiaomi’s plans to enter the vehicle business are apparently moving forward. The manufacturer of electronics and household appliances has chosen Beijing as the location for its first car factory, Pandaily reports, citing Auto Business Review. Back in March, Xiaomi had already announced plans to offer smart electric cars (as reported by China.Table). For Xiaomi, cars would be an addition to its wide product range including fitness trackers, vacuum cleaners, rice cookers and camera drones. In Germany, the company is best known for its low-cost smartphones and PCs. These devices are consistently networked with each other – an aspect German companies often neglect because they still highly focus on physical, stand-alone products. fin