Xiaomi's smart driving team expands and increases R&D investment

Lei Jun said that intelligent driving is the watershed between new forces and traditional car manufacturing. He believes that intelligent driving needs to be done by itself in order to form a differentiated competitive advantage. At present, the annual budget of Xiaomi Auto Intelligent Driving Team is about 1.5 billion yuan, with more than 1,000 engineers. This year, it will be expanded to 1,500 people and next year to 2,000 people.