Recently, many domestic media reported that Xiaomi’s second factory will be located in Shanghai. The judgment of this information is based on the following two points. One is that the official recruitment office address of Xiaomi Auto is marked with "Shanghai"; In the “Business Recruitment Announcement”, it is clearly indicated that the location of the project is Shanghai.

　　Image source: Screenshot of Xiaomi Auto Technology Co., Ltd. Recruitment Announcement for Vehicle Welding Line Project Supplier Recruitment

　　Judging from the information disclosed by Xiaomi Auto, it is not impossible for it to set up a second factory in Shanghai. Previously, Xiaomi Auto has disclosed that it will set up a vehicle factory with an annual production capacity of 300,000 vehicles in the Beijing Economic and Technological Development Zone.

　　In addition, Xiaomi Group stated in its 2021 annual report released in March this year that since the announcement of the car manufacturing plan in March 2021, Xiaomi's smart electric vehicle business has progressed beyond expectations. It will continue to expand research and development work in core areas such as autonomous driving and smart cockpits to ensure that products will be officially mass-produced in the first half of 2024. According to the news previously shared by Luo Baojun, general manager of Xiaomi Beijing-Tianjin branch, Xiaomi's engineering prototype car will be unveiled in the third quarter of this year.

　　Analysts said that as the auto industry is a labor- and technology-intensive industry, the location of relevant factories often considers the effect of industrial clusters and the convenience of transportation and supply chain support, while Shanghai is the center of the Yangtze River Delta, where the auto industry is developed, including many companies. Influential OEMs, coupled with the fact that Tesla has built a factory in Lingang, Shanghai, has driven the improvement of surrounding supporting companies, which will attract more new car-making forces to settle in Shanghai to a certain extent.

　　This article is reproduced from Gasgoo