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In the realm of electric vehicle (EV) manufacturing, Xiaomi's intentions continue to be a topic of interest and speculation. Despite numerous reports suggesting Xiaomi's plans to enter the EV market and develop a dual factory strategy, no confirmed, publicly available, recent information validates the acquisition of Borgward Motors or the current status of its production capacity expansion.
The search results, primarily focusing on used car sales and comparisons, offer no concrete, up-to-date data to confirm or clarify Xiaomi’s position on this matter.
Rumours persist that Xiaomi is actively pursuing Borgward Motors, a German car brand, to support its automotive ambitions. If the acquisition were to materialise, it would potentially transfer Borgward's current production capacity of 180,000 units to Xiaomi EV.
Xiaomi is said to be eyeing two locations for its factories: the Borgward plant in Miyun Park, Zhongguancun, Beijing, and a potential site in the Hannan District of Wuhan Economic and Technological Development Zone. The Beijing plant, currently suspended for over a year, operates on the German "Industry 4.0" intelligent manufacturing system.
However, as of August 14, 2025, there is no confirmed public update or official announcement explicitly confirming Xiaomi’s completion of the Borgward Motors acquisition or providing details about its production capacity expansion.
It is advisable to check Xiaomi’s official corporate announcements or trusted automotive industry news sources specializing in EV production and corporate acquisitions for detailed, verified updates.
Meanwhile, Xiaomi's EV division has been making strides. In July, the company delivered over 30,000 vehicles, marking its highest monthly total to date. Xiaomi is reportedly in communication with the investment promotion department of Wuhan to set up its own factory, signalling its imminent move into car manufacturing.
The Chinese Financial Association has reported that Xiaomi plans to adopt a dual factory model for quick production capacity and qualifications. However, the specifics of this strategy, including the involvement of Borgward Motors, remain unconfirmed.
In the meantime, the industry watches with anticipation as Xiaomi navigates the complex world of car manufacturing. The company's meeting with one of China's oldest automakers, state-owned FAW, adds another layer of intrigue to the story.
It is worth noting that Borgward's global website does not mention its Chinese owner, Foton Motor, a subsidiary of the Beijing Automotive Industry Corporation (BAIC), which has owned Borgward Motors since 2014.
Rumours also circulate about Xiaomi's SU7 Ultra being spotted at the Ferrari factory, with a BEV from Ferrari rumoured to launch this year. Additionally, there are reports suggesting that Xiaomi requires advance payments from customers to continue vehicle production.
As the story unfolds, one thing is clear: Xiaomi is making significant strides in the EV market, and its car manufacturing plans continue to be a source of fascination and speculation.
- The Chinese multinational technology company, Xiaomi, is reportedly in talks with the investment promotion department of Wuhan to set up its own factory, signaling its imminent move into car manufacturing.
- Amidst the rumors and speculation, it is advisable to check Xiaomi’s official corporate announcements or trusted automotive industry news sources specializing in EV production and corporate acquisitions for detailed, verified updates.
- Xiaomi's EV division has been making strides, with the company delivering over 30,000 vehicles in July, marking its highest monthly total to date.
- Despite numerous reports and rumors regarding Xiaomi's plans to acquire Borgward Motors and expand its production capacity, no confirmed, publicly available, recent information validates these claims.
