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Saudi Arabia – Xiaomi Group formally revealed the event standing of Xiaomi Pilot Expertise right this moment, within the first R&D and staffing replace since saying its entry into the good electrical automobile phase in March 2021, 500 days in the past. Xiaomi plans to speculate RMB 3.3 billion within the first R&D part of its autonomous driving expertise, and has established a large R&D crew of greater than 500 world-class professionals. A collection of helpful acquisitions and strategic investments in upstream and downstream enterprises have additionally allowed Xiaomi to steadily construct out its mid-to-long-term industrial capabilities within the discipline of autonomous driving.
Throughout right this moment’s press convention, Xiaomi additionally launched dwell highway check video of its autonomous driving expertise, demonstrating its superior algorithms and functionality to deal with a complete checklist of eventualities. “Xiaomi’s autonomous driving expertise adopts a self-developed full stack strategy, and the mission has made progress past expectations,” stated Lei Jun, founder, chairman and CEO of Xiaomi Group.
First R&D part funding deliberate at RMB 3.3 billion, expertise recruiting, and industry-wide deployment
Since saying its entry into the good electrical automobile {industry}, Xiaomi has remained dedicated to enter the sector of autonomous driving. The corporate’s zero to at least one breakthrough has been enabled by heavy useful resource allocation to R&D, selective hiring of the {industry}’s greatest abilities, and funding in upstream and downstream enterprises.
As revealed by Lei Jun, Xiaomi plans to speculate RMB 3.3 billion within the first R&D part of its autonomous driving expertise, and the scale of the devoted crew now exceeds 500. By the tip of the yr, the crew is anticipated to proceed to develop to greater than 600 members.
Since official institution final yr, Xiaomi’s autonomous driving crew has attracted many high {industry} professionals. At the moment, the five hundred member division incorporates 50 {industry} specialists whom kind the spine of the crew, and an distinctive schooling background crew huge, with over 70% holding grasp’s or doctorate levels. Core members of the crew have expertise working for among the most celebrated firms within the discipline of AI. Their skilled experience covers all areas essential to develop Xiaomi’s self-developed autonomous driving expertise, together with: sensors, chips, algorithms, simulation, tool-chain, knowledge platform, and extra.
Xiaomi has wholly acquired autonomous driving startup Shendong Expertise, with a purpose to improve its autonomous driving technological experience and expertise pool. As well as, Xiaomi can be dedicated to constructing its mid-to-long-term strategic industrial capabilities by investing RMB2 billion in additional than ten upstream and downstream enterprises within the autonomous driving discipline. These enterprises cowl a wide range of classes, akin to core sensors, core actuators, area controllers, and extra.
Self-developed algorithm, aiming to develop into an {industry} chief within the good EV {industry} in 2024
Xiaomi adopts a self-developed full stack strategy to autonomous driving expertise, masking all core areas, akin to {hardware} and software program improvement, notion and positioning, and focuses on full-scale proprietary options to allow full closed-loop knowledge capabilities. This strategy permits autonomous driving algorithms to be shortly iterated primarily based on person wants.
In an illustration video, Xiaomi’s check automobile showcased correct, protected and clever assisted driving in a number of eventualities together with U-turns, roundabouts, and steady downhill driving.
With an emphasis on parking, Xiaomi’s autonomous driving crew introduced an progressive auto-parking answer that covers eventualities akin to “reserved parking areas”, “autonomous valet parking”, and “automated robotic arm charging”. Sooner or later, different parking zone companies shall be made obtainable, and, with a purpose to adjust to related nationwide legal guidelines and rules, a mixture of AI and service-oriented options shall be added.
Lei Jun additionally talked about that Xiaomi plans to create a fleet of 140 check autos within the first part of its autonomous driving expertise improvement. They are going to be examined individually nationwide, with an goal of changing into an {industry} chief within the good EV {industry} in 2024.
Other than using inner sources, Xiaomi Auto crew additionally receives sturdy help from a number of different groups inside Xiaomi, such because the Xiaomi AI Lab, XiaoAi AI Assistant crew, and Smartphone Digicam crew to collectively create a cutting-edge autonomous driving expertise.
In simply over a yr, Xiaomi’s autonomous driving expertise has achieved an actual 0 to 1 breakthrough, and has develop into a brand new pressure attracting appreciable consideration within the {industry}.
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About Xiaomi Company
Xiaomi Company (“Xiaomi”) was based in April 2010 and listed on the Essential Board of the Hong Kong Inventory Change on July 9, 2018 (1810.HK). Xiaomi is a shopper electronics and good manufacturing firm with smartphones and good {hardware} related by an IoT platform at its core.
Embracing our imaginative and prescient of “Make buddies with customers and be the best firm within the customers’ hearts”, Xiaomi repeatedly pursues technological improvements, compelling person expertise and operational effectivity. The corporate relentlessly builds wonderful merchandise with trustworthy costs to let everybody on this planet get pleasure from a greater life by progressive expertise.
Xiaomi is among the world’s main smartphone firms. The corporate’s market share when it comes to smartphone shipments ranked no. 3 globally within the first quarter of 2022. The corporate has additionally established the world’s main shopper AIoT (AI+IoT) platform, greater than 478 million good units related to its platform (excluding smartphones, tablets and laptops) as of March 31, 2022. Xiaomi merchandise can be found in additional than 100 international locations and areas world wide. In August 2022, the corporate made the Fortune World 500 checklist for the fourth time, rating 266, up 72 locations in comparison with 2021.
Xiaomi is a constituent of the Cling Seng Index, Cling Seng China Enterprises Index, Cling Seng TECH Index and Cling Seng China 50 Index.
For extra details about Xiaomi as an organization, please go to https://www.mi.com/world/uncover/newsroom
For media inquiries, please contact:
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Al-Anoud Alzamil Weber Shandwick AAlzamil@webershandwick.com |
Mohammad Doughan PR Director – Xiaomi Saudi Arabia v-mohammaddh@xiaomi.com |
