Xiaomi has officially revealed the development of its Xiaomi Pilot Technology. In the first R&D and staffing update since the company announced its entry into the smart electric vehicle segment in March 20221, the company says it plans to invest RMB 3.3 billion in the first phase of its autonomous driving technology.
During a press conference, Xiaomi also released a 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.
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.
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, with an aim of becoming an industry leader in the smart EV industry in 2024.
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