Xiaomi has hired Yu Liguo, a former senior executive at state-owned automaker BAIC Motor, to lead its autonomous electric vehicle project.
Autonomous driving technologies are the most crucial part of intelligent and electric vehicles, president Wang said.
Leading automakers have been embracing high-voltage battery systems, a technology and a longer driving range.
The cell phone maker known as ‘the Apple of China’ has backed EV companies Nio and Xpeng. Its entry is expected to shake up China’s car market.
The world’s fourth-biggest phone maker Xiaomi now pledges to develop high-quality EVs with a ‘best-in-class’ connected device ecosystem.
The move comes against the backdrop of China’s big tech firms pushing to develop vehicles with smart cabin systems and autonomous driving technologies.
The handset maker joins Huawei in setting up a subsidiary in Tampere, where Nokia is also located.
Nio’s pursuit of making smartphones comes as other Chinese tech companies are making plans to build EVs, looking to profit in the world’s biggest auto market embracing EVs.
Xiaomi will hold 25% of the new chipmaking subsidiary, with the balance to be held by company employees.
The sudden death of a Bilibili employee has renewed public discussions about the persisting overwork culture of Chinese tech companies.