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VisitWhat will Xiaomi's market share in the Chinese EV market be by December 31, 2024?
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Automotive industry reports, market analysis from reputable sources (e.g., Bloomberg, Reuters)
Xiaomi Secures Independent Car Manufacturing Qualification for Four EV Models
Jul 12, 2024, 10:27 AM
Xiaomi has obtained an independent car manufacturing qualification, as confirmed by a regulatory filing and state media reports. The Ministry of Industry and Information Technology stated that Xiaomi Auto has received approval for four electric vehicle models. Previously, Xiaomi was using the state-owned automaker BAIC Group's license to produce vehicles. This transition marks a significant milestone for Xiaomi, allowing it to manufacture cars independently. Xiaomi's stock symbols are $XIACY and $XIACF.
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