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Xiaomi founded the second car company

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Chinese manufacturing giant Xiaomi is working to enter the automotive market. After registering Xiaomi Automobile Co in September, the company recently registered a second automobile company.

On November 18, Xiaomi Automobile Technology Co was formed, led by Lei Jun, founder and CEO of Xiaomi. This company has a registered capital of RMB 1 billion (about $ 155 million). The business of this company includes the production of new energy vehicles and the development of related technologies.

Xiaomi has officially announced plans to launch vehicles at the end of March this year. For this, a subsidiary company was created that deals with smart electric vehicles. The initial investment was about $ 1.5 billion, but in the next 10 years the company will invest about $ 10 billion.

Lei Jun stated that Xiaomi will use its expertise and connections to build cars. The company has a cash reserve of $ 17 billion and a research and development department of 10,000 people. The company hopes to leverage these benefits to build the world’s best smart car ecosystem.

In October this year, Xiaomi announced that it had built a 453-person automotive team. Xiaomi will officially start mass production of its first car in the first half of 2024.

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Electric Cars

Elon Musk told how humanoid robots Tesla Bot will help us

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Earlier this year, Elon Musk announced plans to create a humanoid robot Tesla Bot, equipped with artificial intelligence, designed to perform various tasks. In an interview with The Wall Street Journal, Musk was asked for news on the Tesla Bot project.

I think that with the help of autopilot and complete self-control, we are creating the most advanced AI for navigation in the real world. You can also think of Tesla as the world’s largest semi-intelligent robot company. The car looks like a robot on 4 wheels. I think we can take the same technology and release a humanoid robot. Basically, in order to have a humanoid part, we need to develop some custom actuators and gauges, and essentially use Tesla Full Self-Driving or autopilot in a humanoid robot.

Elon Musk

The Tesla CEO said he considers Tesla Bot to be a very important project, but he has no clear timetable for its implementation. He added that Tesla Bot could help address labor shortages.

There are not enough people. I don’t know how else to focus on this. There are not enough people. I believe that one of the biggest threats to civilization is a low and rapidly falling birth rate.

Elon Musk

At the Tesla AI Day event in August, Musk said he expects to get a working prototype of the Tesla Bot next year.

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Electric Cars

Radars will really come to cars next year

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The market for automobile radars or radars, which in 2020 amounted to 63 million units with a total value of $ 3 billion, by 2028 will grow to 274 million units with a total value of $ 10 billion. This forecast is given by experts of the analytical company Strategy Analytics, specifying that the turning point for the industry will be 2022. Radar imaging technology is expected to further enhance the capabilities of Advanced Driver Assistance Systems (ADAS) and self-driving systems.

The growing demands for active safety in new passenger cars have not only increased the demand for sensors, including radars, but also increased the performance requirements for ADAS and associated sensors. It is expected that the new radars will have improved range and speed resolution, be able to determine heights and be more resistant to interference in the form of signals from other radars, which is necessary in an environment where they will increasingly be found in vehicle equipment. Imaging radars will be able to detect smaller objects, classify objects in the field of view, and track more objects that are close to each other. The reliability of detecting and classifying various objects will be improved, which, in turn, will improve the performance of ADAS systems and increase consumer confidence in them.

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Chery unveils Jetour X-1 hybrid crossover with Huawei L3 self-driving system

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The well-known Chinese company Chery has presented a new futuristic crossover through its Jetour brand, which so far passes under the model number X-1. Until January 1, there is a competition in which those who wish can offer their own version of the name for the car.

The Jetour X-1 is built on a completely new platform called Kunlun, and the car is equipped with Huawei’s L3 self-driving system, which allows the car to drive on its own most of the time, but in an emergency, the driver must take control. The Kunlun architecture will also support the L5 self-driving system, when cars do not need a steering wheel.

The car received a unique radiator grille, which is part of the bumper, and two-level optics. It is reported that we are talking about a rechargeable hybrid. The car will be equipped with a new Kunpeng power plant from Chery. Presumably, we are talking about the same combination that previously debuted in the Chery Tiggo 8 Plus Kunpeng e +. This car has a 1.5-liter turbocharged engine producing 170 hp. and two electric motors. The total power of such a system reaches 462 hp. at 510 Nm of torque.

Chery unveils Jetour X-1 hybrid crossover with Huawei L3 self-driving system

The release of Jetour X-1 in China is expected next year.

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