Lei Jun: Xiaomi develops full-stack self-developed algorithms for autonomous driving, aiming to enter the first camp in 2024

In March last year, Xiaomi announced its entry into the smart electric vehicle industry. More than 500 days have passed. I know that our Mi fans are very concerned about our progress, but this is a very complex and huge project. I hope you can give us a little more time. .

But today, we also have a little progress that we want to share with you. Autonomous driving is one of the core and most watched functions in the field of smart cars. Therefore, we have formed an elite team of more than 500 people , formulated a technical strategy of full-stack self-developed algorithms , and worked collaboratively with multiple internal teams within Xiaomi. , focusing on polishing autonomous driving technology, aiming to enter the industry's first camp in 2024.

We shot a function demonstration video. The test vehicle automatically turns around in unprotected scenes, automatically circles the island, and automatically descends continuous ramps and other parking scenes. It all achieves an accurate, safe, and intelligent driving experience . You can take a look at it together. .

Let me share with you some of my favorite features:

This is an innovative integrated smart solution for parking services proposed by Xiaomi in the industry. It has functions such as "reserved parking space", "autonomous valet parking", and "automatic arm automatic charging". I like it very much.

Total investment in the first phase is 3.3 billion yuan

Recruiting talents and laying out the entire industry chain

We plan to invest 3.3 billion yuan in research and development expenses in the first phase of autonomous driving and actively recruit top talents in the industry. We fully acquired Shendong Technology and formed an elite team of more than 500 people, covering 50 top experts in fields such as autonomous driving hardware, perception and control algorithms, and high-precision positioning .

At the same time, we have multiple internal teams working together, including the artificial intelligence laboratory, Xiaoai team, mobile phone camera department, etc.

In addition, we have been committed to the long-term planning and layout of the industry, and have invested in a large number of upstream and downstream enterprises in the autonomous driving industry chain, involving core components such as chips and sensors, with a total investment amount of nearly 2 billion yuan.

Full stack self-developed algorithm

Layout core technologies

Xiaomi has always believed in "technology-based". Therefore, when we first entered the automotive industry, we formulated a technology layout strategy for full-stack self-developed algorithms, covering core technology areas of autonomous driving such as perception prediction, high-precision positioning, and decision-making planning . We built a fully self-developed data closed-loop system to efficiently drive Iteration of core algorithms and product functions.

moving forward steadily

The goal is to enter the first team in 2024