Since last year, Xiaomi has branched out that they are now serious in the automotive field. They are expected to present their own electric cars by 2024. Last month, Xiaomi was seen to have started testing their self-driving cars in China.
Today, Xiaomi has officially introduced that they are developing a self-driving system for use in cars. They say electric cars are essential to having the ability to drive themselves.
Xiaomi challenged themselves to successfully develop this system within 500 days and will also develop its own algorithm. Xiaomi has already spent up to 3.3 billion Yuan on this car project and has a special team of 500 people consisting of artificial intelligence lab team, device team, camera and many other parts involved.
Xiaomi intends to present its own car as early as 2024. But they didn't say whether the 2024 is a stand-alone car or whether their self-driving technology will be used in other cars.
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