Xiaomi Buys $116 Million Site in Beijing
Xiaomi Expands Electric Car Business
Xiaomi, the company that makes phones, is buying more land to build more electric cars.
They want to make lots more cars after their first one was a hit.
The new land is in Beijing, near where they already make cars.
They plan to use the space to build even better electric cars.
This shows that Xiaomi is really serious about making cars
And they want to grow its business.
Now will see in future how will this venture go