Saudi Arabia – Xiaomi Group officially revealed the development status of Xiaomi Pilot Technology today, 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 autonomous driving technology, and has established a sizable R&D team of more than 500 world-class professionals. A series of valuable acquisitions and strategic investments in upstream and downstream enterprises have also allowed Xiaomi to steadily build out its mid-to-long-term industrial capabilities in the field of autonomous driving.
During today's press conference, Xiaomi also released live road test video of its autonomous driving technology, demonstrating its advanced algorithms and capability to handle a comprehensive list of scenarios. "Xiaomi's autonomous driving technology adopts a self-developed full stack approach, and the project has made progress beyond expectations," said Lei Jun, founder, chairman and CEO of Xiaomi Group.
First R&D phase investment planned at RMB 3.3 billion, talent recruiting, and industry-wide deployment
Since announcing its entry into the smart electric vehicle industry, Xiaomi has remained committed to enter the field of autonomous driving. The company's zero to one breakthrough has been enabled through heavy resource allocation to R&D, selective hiring of the industry's best talents, and investment in upstream and downstream enterprises.
As revealed by Lei Jun, Xiaomi plans to invest RMB 3.3 billion in the first R&D phase of its autonomous driving technology, and the size of the dedicated team now exceeds 500. By the end of the year, the team is expected to continue to grow to more than 600 members.
Since official establishment last year, Xiaomi's autonomous driving team has attracted many top industry professionals. Currently, the 500 member department incorporates 50 industry experts whom form the backbone of the team, and an exceptional education background team wide, with over 70% holding master's or doctorate degrees. Core members of the team have experience working for some of the most celebrated companies in the field of AI. Their professional expertise covers all areas necessary to develop Xiaomi's self-developed autonomous driving technology, including: sensors, chips, algorithms, simulation, tool-chain, data platform, and more.
Xiaomi has wholly acquired autonomous driving startup Shendong Technology, in order to enhance its autonomous driving technological expertise and talent pool. In addition, Xiaomi is also committed to building its mid-to-long-term strategic industrial capabilities by investing RMB2 billion in more than ten upstream and downstream enterprises in the autonomous driving field. These enterprises cover a variety of categories, such as core sensors, core actuators, domain controllers, and more.
Self-developed algorithm, aiming to become an industry leader in the smart EV industry in 2024
Xiaomi adopts a self-developed full stack approach to autonomous driving technology, covering all core areas, such as hardware and software development, perception and positioning, and focuses on full-scale proprietary solutions to enable complete closed-loop data capabilities. This approach allows autonomous driving algorithms to be quickly iterated based on user needs.
In a demonstration video, Xiaomi's test vehicle showcased accurate, safe and intelligent assisted driving in multiple scenarios including U-turns, roundabouts, and continuous downhill driving.
With an emphasis on parking, Xiaomi's autonomous driving team announced an innovative auto-parking solution that covers scenarios such as "reserved parking spaces", "autonomous valet parking", and "automatic robotic arm charging". In the future, other parking lot services will be made available, and, in order to comply with relevant national laws and regulations, a mix of AI and service-oriented features will be added.
Lei Jun also mentioned that Xiaomi plans to create a fleet of 140 test vehicles in the first phase of its autonomous driving technology development. They will be tested individually nationwide, with an aim of becoming an industry leader in the smart EV industry in 2024.
Apart from utilizing internal resources, Xiaomi Auto team also receives strong support from multiple other teams within Xiaomi, such as the Xiaomi AI Lab, XiaoAi AI Assistant team, and Smartphone Camera team to jointly create a cutting-edge autonomous driving experience.
In just over a year, Xiaomi's autonomous driving technology has achieved a real 0 to 1 breakthrough, and has become a new force attracting considerable attention in the industry.
About Xiaomi Corporation
Xiaomi Corporation (“Xiaomi”) was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.
Embracing our vision of “Make friends with users and be the coolest company in the users’ hearts”, Xiaomi continuously pursues technological innovations, compelling user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.
Xiaomi is one of the world's leading smartphone companies. The company’s market share in terms of smartphone shipments ranked no. 3 globally in the first quarter of 2022. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, more than 478 million smart devices connected to its platform (excluding smartphones, tablets and laptops) as of March 31, 2022. Xiaomi products are available in more than 100 countries and regions around the world. In August 2022, the company made the Fortune Global 500 list for the fourth time, ranking 266, up 72 places compared to 2021.
Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.
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PR Director – Xiaomi Saudi Arabia