During today's press conference, Xiaomi also released live road test video of its autonomous driving technology, demonstrating its advanced algorithms and capability to handle a comprehensive list of scenarios."Xiaomi's autonomous driving technology adopts a self-developed full stack approach, and the project has made progress beyond expectations," said Lei Jun, founder, chairman and CEO of Xiaomi Group. First R&D phase investment planned at RMB 3.3 billion, talent recruiting, and industry-wide deployment Since announcing its entry into the smart electric vehicle industry, Xiaomi has remained committed to enter the field of autonomous driving. The company's zero to one breakthrough has been enabled through heavy resource allocation to R&D, selective hiring of the industry's best talents, and investment in upstream and downstream enterprises.