William Lu, Senior Vice President of Xiaomi Group, has said that the technology company's new flagship store will open at Wanxianghui on Zhongshan Road in the southern Chinese city of Nanning on April 30.
Chinese consumer electronics giant Xiaomi is stepping up its construction of factories. A factory in Yizhuang, Beijing is under construction, where work is now underway for ground leveling, and about four out of ten have been completed.
The Chinese Patent Office shows that a vehicle-related patent applied by Xiaomi Mobile Software Co., Ltd., a subsidiary of Beijing-based smart device manufacturer Xiaomi, was granted on Tuesday.
Xiaomi Automobile Technology Co., Ltd. was established on Thursday with a registered capital of 1 billion yuan ($156.65 million), which is the second auto company registered by Xiaomi.
The deal was won by Mi Space SH Limited, with a transaction price of 1.55 billion yuan. Media speculated that the move may be for the Xiaomi Auto Business R&D Center, but the firm has not responded yet.
Lei Jun, Founder and CEO of Xiaomi, announced at the company's annual Investor Day on Tuesday that the progress of the firm's car-building efforts has far exceeded his expectations.
The founder of Chinese electronics giant Xiaomi, Lei Jun, has recently visited the headquarters of automaker FAW Group in northeast China's Jilin Province for in-depth talks on a vehicle-making partnership.
Xiaomi Motor Co., Ltd. resmi didirikan dengan modal terdaftar 10 miliar yuan (1,5 miliar dolar AS), demikian diumumkan co-founder dan CEO Xiaomi Lei Jun melalui akun Weibo-nya, Rabu.
