The Xiaomi Group has officially revealed to us the level at which the development of autonomous driving technology is at, since it announced its entry into the smart electric vehicle category in March of 2021, about 500 days ago
Η Xiaomi plans to invest in total 3,3 billion RMB in the first phase for the Research and Development (R&D) of technology for autonomous driving, and has created a large team consisting of more than 500 world-class professionals. The company also made a number of valuable acquisitions and strategic investments in upstream and downstream businesses, which have allowed Xiaomi to steadily develop its mid- and long-term capabilities in the field of industrial autonomous driving.
During the press conference given by August 11, Xiaomi also released a video of its self-driving technology tests on China's roads at the same time, demonstrating its advanced algorithms and their ability to handle a comprehensive list of real-world scenarios that vehicles can encounter on their way.
The investments that have been secured during its first phase R&D are scheduled to arrive at 3,3 billion RMB for talent recruitment and continued growth across the industry.
Since announcing its entry into the smart electric vehicle industry, the Xiaomi remained committed to its goal of entering the autonomous driving sector strongly as well. Advances in all of these areas have literally started from scratch, allowing the company to grow at breakneck speed through a serious allocation of resources to research and development, as well as selective hiring of the best talent available in the industry, along with simultaneous investment made by Xiaomi in upstream and downstream businesses.
As revealed to us by Lei JunThe Xiaomi plans to invest 3,3 billion RMB in its first phase R&D for autonomous driving technology and the size of the task force of researchers now exceeds the 500 people, while by the end of the year, the team is expected to continue to grow and will consist of more than 600 members.
Since its official establishment last year, Xiaomi's autonomous driving team has attracted many top industry professionals, and currently, this section of 500 members integrates 50 industry experts who are also the backbone of the team, but also a special team with excellent training in the wide range of new technologies, with over 70% of these employees to hold master's or doctorate degrees.
Also, the core members of this team have experience working at some of the world's most renowned companies in the field of artificial intelligence, and their professional expertise covers all areas necessary for the development of self-driving technology that the company itself develops. Xiaomi, such as: the sensors, the chips, the algorithms, the simulation, the chain of tools necessary, the platform of the logging data And much more.
Xiaomi fully acquires self-driving startup Shendong Technology, in order to strengthen its know-how as well as the number of specialized employees it needs. In addition, Xiaomi is also committed to developing its mid- and long-term strategic capabilities by investing RMB 2 billion in more than ten upstream and downstream businessess in the field of autonomous driving. These businesses cover a variety of categories such as core sensors, core actuators, domain controllers And much more.
Xiaomi aims its self-developed algorithm to become the leader in the smart autonomous driving industry EV vehicles by 2024.
Xiaomi takes a special approach full stack (full stack) for autonomous driving technology, covering all key areas such as hardware and software development, perception and prediction, and uses special full-scale algorithms with closed-loop data logging. This approach allows self-driving algorithms to quickly iterate based on user needs.
Xiaomi presented video of a test vehicle, which is capable of providing accurate, safe and intelligent assisted driving in many driving scenarios such as cornering, roundabout driving and continuous downhill driving and more.
In the video presented by the company, there is a lot of emphasis on parking, as Xiaomi presented an innovative automatic parking solution that covers several scenarios such as “the reserved parking spaces","the autonomous parking with valet" and "the automatic charging through a robotic arm". In the future, more parking services will be available that comply with the relevant national laws and regulations in different countries, while a greater combination of artificial intelligence and service orientation functions will become available to provide the EV vehicles from Xiaomi.
Ο Lei Jun also reported that Xiaomi is planning to create one dedicated fleet of 140 test vehicles during the first phase of self-driving technology development, which will be individually tested on China's national road network, aiming for the company to become the leader in self-driving and the industry smart EV vehicles until 2024.
In addition to using internal resources, the Xiaomi Car it also receives strong support from many other teams that exist within Xiaomi, such as its team Xiaomi AI Lab, its team Xiao AI Assistant and their team Smartphone Camera, to jointly create a state-of-the-art autonomous driving experience.
In just over a year, Xiaomi's self-driving technology has shown incredible progress, and has become the new force in the automotive industry. EV vehicles that attracts everyone's attention.
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