The company’s main business is the development of a new product, the Xiaomi self-driving car. The company’s main business is to develop and implement a new product, the “Xiaomi.”
It is reported that in March last year, Lei Jun announced at the Xiaomi spring new product conference that Xiaomi officially entered the intelligent electric car industry, and in April this year, Xiaomi car is located in Beijing Economic and Technological Development Zone Yizhuang New City car manufacturing base started construction.
The Xiaomi Group has invested in Zongmu Technology, WoSai Technology and AiPoCar in the most core area of intelligent vehicles, and later acquired Deep Motion Technology to expand its strength.
In addition, Xiaomi Group has revealed that the scale of the R&D team in the automotive business has exceeded 1,000 people so far, and will continue to expand R&D in core areas such as autonomous driving and intelligent cockpit in the future, keeping the official mass production expected in the first half of 2024.