Xin Hua Wang·2025-08-20 10:12Core Insights - Beijing's new energy vehicle (NEV) production exceeded 310,000 units from January to July this year, surpassing the total production target of 294,000 units for the entire year of 2024 [1] - In July alone, NEV production reached 52,000 units, marking a year-on-year increase of 140% [1] - Xiaomi's automotive factory in Beijing has optimized production processes through smart technology upgrades, resulting in a significant increase in production efficiency and equipment utilization [1] Industry Performance - The NEV sector is part of a broader trend in Beijing's industrial growth, with advanced manufacturing industries such as electronic information, intelligent equipment, new energy storage, and aerospace also contributing to economic vitality [1] - From January to July, the industrial added value of Beijing's large-scale industries grew by 6.1% year-on-year, indicating robust economic performance [1] - The collaboration among various automotive companies in Beijing is highlighted as a key factor in the rapid development of the NEV industry [1]