Xiaomi, which is preparing to enter the world of electric cars, does not neglect autonomous driving tests. According to a new statement from Xiaomi CEO, the technology is being tested in China with a fleet of 140 autonomous vehicles. The company also wants to reach the top by 2024 with an investment of 500 million dollars.
Xiaomi allocates $500 million for autonomous driving
Xiaomi, which registered the Xiaomi Auto brand a while ago and shifted hundreds of employees to this company, started tests in China for autonomous driving. The latest statement by Xiaomi CEO Lei Jun revealed that the company wants to become the industry leader in 2024.
https://twitter.com/hakki_alkan/status/155772275375883136
The company manager previously stated that they will challenge both established brands and young technology companies. Now, it has revealed that they will invest RMB 3.3 billion ($500 million) for the first R&D study.
Trying to adapt quickly to the autonomous driving world, Xiaomi started testing this technology with 140 vehicles. The work called “Xiaomi Pilot Technology”; It will pave the way for the company to compete with industry leaders such as Tesla, Ford and Toyota.
In the post by Xiaomi CEO Lei Jun, “Since Xiaomi entered the electric vehicle industry 500 days ago, our autonomous driving team has gathered more than 500 members, planned to invest RMB 3.3 billion in the initial R&D phase. We aim to be the industry leader in 2024”.
Since Xiaomi entered the EV industry 500 days ago, our autonomous driving team has assembled more than 500 members, planned to invest RMB3.3 billion in the first R&D phase, and committed to self-developing full stack algorithms. We aim to become an industry leader in 2024. pic.twitter.com/sRaRJ6t0uk
— leijun (@leijun) August 11, 2022
In addition to all this, leaks about Xiaomi’s car have been circulating for a while. It is claimed that the new Xiaomi model, based on the concept of the Chinese design firm HVST Automobile Design, has started driving tests. We do not know whether the company’s concept vehicle is in the fleet of 140 autonomous vehicles.
What do you think about this subject? Don’t forget to share your views with us in the comments!
8486
