China Tech Digest: Xiaomi Will Announce Its EV Factory Location Next Week; Yitu Technology Considering HK IPO

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Xiaomi will announce its EV factory location next week

Evergrande Group is currently negotiating with a number of new automakers such as Nio, Xiaopeng Motors and Xiaomi to sell its electric vehicle business. Up to now, the results of negotiations have not been finalized. However, Xiaomi will still choose to build its own car, and the factory location will be disclosed as soon as next week. For the above information, Nio, Xiaopeng, Xiaomi and other companies have not yet responded.

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