Autonomous Vehicle News
Lei mentioned that Xiaomi Auto is striving to enter the top five in the world within the next 15-20 years, adding that Xiaomi ‘s 100% ownership of Xiaomi Auto lies in the reuse of company-wide resources. In the past three years, Xiaomi has established 10,000 offline Chinese stores, which are very helpful to the marketing of Xiaomi Auto. Meanwhile, Xiaomi ‘s automatic driving technology has entered its testing stage. This means that in the past six months, Xiaomi ‘s R&D team has expanded by nearly 1,800 people. When talking about the profit expectation of Xiaomi Auto, Lei said that, in the long run, aside from hardware profit, vehicle software profit is more important.