Shendong Technology News Today

Xiaomi Group officially revealed the development status of Xiaomi Pilot Technology in the first R&D and staffing update since announcing its entry into the smart electric vehicle segment in March 2021, 500 days ago. Xiaomi plans to invest RMB 3.3 billion in the first R&D phase of its autonom

Xiaomi has revealed the Pilot Technology, which could propel it to the top spot in the electric vehicle segment.

Xiaomi Group, a Chinese tech leader, plans to invest RMB3.3 billion ($487.6 million) in the first R&D phase of its autonomous driving technology, and has established a sizable R&D team of more than 500 world-class professionals.

Xiaomi announced its plans to invest RMB 3.3 billion ($490 million) in developing Xiaomi Pilot Technology. The investment pays R&D costs of the 500 researchers and acquisitions of 10+ enterprises.