Articles Tagged with "Xiaomi"

​Xiaomi EV team expanded to over 500 people
​Xiaomi EV team expanded to over 500 people

Xiaomi’s automaking endeavor is going smoothly with its team expanded to over 500 members, according to the smartphone giant’s third-quarter financial report.

Nov. 24 , 2021
​Hesai lands another $70 million from Xiaomi-backed capital
​Hesai lands another $70 million from Xiaomi-backed capital

China’s LiDAR supplier Hesai Technology announced today that it had received a $70 million investment increment from Xiaomi-linked Shunwei Capital.

Nov. 16 , 2021
Xiaomi Auto expects mass production in early 2024
Xiaomi Auto expects mass production in early 2024

Today, the chairman of Xiaomi, Lei Jun, disclosed that Xiaomi’s automaking progress has far surpassed his anticipations and mass production of vehicles will start in the first half of 2024.

Oct. 19 , 2021
ByteDance, Xiaomi-backed Shunwei Capital invest in autonomous industrial vehicle developer
ByteDance, Xiaomi-backed Shunwei Capital invest in autonomous industrial vehicle developer

China's automated guided industrial vehicles developer, VisionNav Robotics, has completed its C-round of financing with participants including ByteDance, Xiaomi-backed Shunwei Capital, and other major ventures.

Sep. 30 , 2021
Xiaomi invests in another automotive parts supplier
Xiaomi invests in another automotive parts supplier

KH Automotive Technologies Co., Ltd. (KHAT), has added Xiaomi-backed joint venture company Yangtze River Xiaomi Industry Fund to its list of shareholders, with an RMB700,000 increase in registered capital, according to Tianyacha.

Sep. 15 , 2021
Xiaomi partners with vehicle MCU company YTMicro with strategic investments
Xiaomi partners with vehicle MCU company YTMicro with strategic investments

China's tech giant Xiaomi, who recently joined the intelligent automaking industry, has entered into a strategic agreement with China's auto-grade MCU company, YTMicro, whose latest financing round got funds from Yangtze River Xiaomi Industry Fund.

Sep. 15 , 2021