Chinese tech giant Xiaomiis making progress in its quest to produce an autonomous electric vehicle. The company has been a company since May 2021. Xiaomi made a significant investment in the development of the automobile brand. Xiaomi CEO Lei Jun now Xiaomi Pilot Technology announced its in-house autonomous driving solution. The new technology of the company R&D team by With a $500 million fund being developed.
Xiaomi’s new technology is the company’s first step towards making a Xiaomi EV car. The technology is being touted as a new generation of self-driving technology. Xiaomi shared a short video outlining the new self-driving technology.
The brand says it aims to be an industry leader in the smart EV industry by 2024. driving EV targets More than 500 experts to form the R&D team he hired. Xiaomi also made many strategic investments and acquisitions in this process. Xiaomi CEO believes that the team has exceeded previous expectations and this is proof of the quality of the hired team.
Xiaomi by the end of the year R&D expected to reach 600 members He said he continues to add global talent to his team. The company gathered expertise from AI experts and companies. Xiaomi autonomous EV hopes to fully develop the technology needed for
Xiaomi Pilot Technology will have automatic robotic arm charging, autonomous valet parking, reserved parking space and many other innovative services. 140 tests A fleet of vehicles will herald the birth of a new autonomous driving solution. Xiaomi to 1 to autonomous EV productionPromise to invest up to $0 billion gave. He hopes to exceed his target in two years.