Xiaomi, the company known for making smartphones, is getting bigger in the electric car market. They just bought a large piece of land in Beijing where they plan to build more electric cars.Xiaomi Buys $116 Million Site in Beijing.
This new land is near their first electric car factory in the same area. Xiaomi wants to make more high-tech cars and sell even more of them.
The company’s first electric car has been doing well, so they’re excited to make even more.