Earlier this week, Xiaomi had shared its latest financial report. This revealed that the company’s research and development department currently employs 13,919 members, with more than 500 of these members working on the company’s car project.
According to a new report, the near 14,000 member strong research and development department accounts for around 44 percent of the company’s total number of employees. Previously, we had also reported on the Chinese tech giant had officially registered its first automobile unit, with Lei Jun (Founder and CEO of the brand) leading the division with over 300 employees. The newly established smart electric vehicle business is also wholly owned by the company, while a second automobile unit was also established just a couple of days prior.
Furthermore, the financial report also reveled that the company’s EV business is progressing smoothly and that the first mass produced car will be launched in the first half of 2024. This is in line with our previous report from back in October. To further supplement its future plans of launching fully self driving cars, the brand had even acquired an autonomous driving based startup called Deepmotion in August 2021. Unfortunately, that is all the information we have at the moment. So stay tuned for more, as we will be providing more updates when additional information is available regarding this matter.
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