
Xiaomi Sets Ambitious Plans to Expand EV Production Facility in Beijing Amidst Rising Demand
In a strategic move to capitalize on the rapidly growing electric vehicle (EV) market, Xiaomi has announced plans to expand its production capacity at its Beijing factory. This decision comes as the company experiences a surge in demand for its electric vehicles, reflecting a broader trend in the automotive industry that is seeing manufacturers pivot towards sustainable transport solutions.
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Sheinbaum Questions BYD's Commitment to Mexico Plant Amid Electric Vehicle Expansion Plans
In a recent development that could have significant implications for the electric vehicle (EV) market in Mexico, Claudia Sheinbaum, the head of the Mexico City government, has raised concerns about the strength of Chinese automaker BYD's plans for a new manufacturing facility in the country. The remarks come as BYD, a leader in the EV industry, is in the midst of expanding its global production capabilities to meet rising demand for battery-powered vehicles.
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BYD Strengthens European Ambitions with Key Hire from Stellantis
In a significant move to bolster its European presence, Chinese electric vehicle (EV) manufacturer BYD has reportedly appointed the former head of Stellantis UK, which signals an aggressive expansion strategy in a competitive automotive market.
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