Xiaomi to Work with BAIC Group to Manufacture Vehicles, Rumors Say

(Source: Xiaomi and BAIC)

According to a report by Bloomberg on August 26, Xiaomi is negotiating with BAIC Group to jointly produce electric vehicles due to the delay in obtaining the license to produce cars on its own.

The report shows that, at present, the two sides are exploring ways of working together, including Xiaomi‘s direct purchase of Beijing Hy…