Xiaomi plans more than RMB 200 billion in R&D over five years

Xiaomi anticipates to invest more than RMB 200 billion (USD 29.9 billion) on R&D over the next 5 years, covering chips, running systems, expert system, embodied intelligence, and other sophisticated innovations, CEO Lei Jun stated on October 21. Lei is likewise the business’s creator and chairman.

Speaking at the 2026 World Intelligent Connected Vehicles Conference, Lei stated Xiaomi had actually invested RMB 105.5 billion (USD 15.8 billion) in these fields over the preceding 5 years.

Xiaomi chose to construct cars and trucks in early 2021, and its very first design reached the marketplace in April 2024, Lei stated. Over 2 and a half years, it has actually provided more than 800,000 automobiles at a typical asking price above RMB 260,000 (USD 38,900).

The business’s SkyNomad N70 and N90 designs are developed as homes on wheels, with large, reconfigurable interiors. The series stresses interior area, while the SU7 and YU7 focus more on the driving experience.

“Building automobiles is a marathon,” Lei stated. Making use of China’s strengths in linked clever services and products, Xiaomi intends to pursue a distinctly Chinese method to development and assistance constant development in the vehicle sector.

Lei set out 3 concerns for smart linked cars.

1. From different clever functions to vehicle-wide intelligence

Lei stated advances in AI are moving automobiles from separated wise functions towards intelligence throughout the entire automobile. Cars are ending up being streamlined physical platforms for embodied intelligence, he argued. Instead of merely including functions, a combined, effective structure design need to enhance the experience by successfully changing the lorry’s brain.

Lei stated Xiaomi’s MiMo 2.6 structure design, launched in September, ranked 5th internationally amongst structure designs and initially amongst open-source designs at launch. He anticipates more advances in AI to enhance the experience of utilizing smart linked automobiles.

2. Security as a requirement

Lei stated security had actually been Xiaomi’s bypassing concept given that it started constructing vehicles: without it, other developments would be worthless. Over the previous year, the business has actually set out to develop what it calls the most safe vehicles in their particular classes.

Xiaomi has actually developed an independent car security proving ground to examine issues from end to end and utilize its findings to direct enhancements. A different vehicle-wide security department develops security systems for the whole cars and truck.

A devoted department led by security professionals collaborates security matters, while Xiaomi has actually enhanced the function of its automobile security committee. An automobile security advisory committee makes use of professionals from market, universities, and research study organizations.

Xiaomi’s automobile security groups apparently have more than 3,000 members. Its tests consist of massive roadway trials, a Beijing-to-Shanghai variety test, and a 24-hour endurance obstacle. The business has likewise live streamed several lorry teardowns to reveal internal construct quality, craftsmanship, and security information.

3. Linking individuals, automobiles, and homes

Lei argued that the next stage of competitors in smart linked lorries would depend upon the broader network of linked services and products, beyond the abilities of any one vehicle. He indicated China’s detailed commercial supply chains, active AI development, and position as the world’s biggest single market.

Xiaomi’s “Human x Car x Home” technique links those product or services. The business stated it has actually constructed the world’s biggest customer web of things platform, with more than 1.1 billion AIoT gadgets linked worldwide since completion of the 2nd quarter.

Xiaomi has actually made more than 30 kinds of vehicle hardware or user interfaces readily available to outdoors partners. It is dealing with BYD, GAC Toyota, Great Wall Motor, Zhengzhou Nissan, and other car manufacturers and designers to expand making use of linked innovation in travel.

This post was adjusted based upon a function initially composed by SY and released on IPO Zaozhidao. KrASIA is licensed to equate, adjust, and release its contents.

Keep in mind: RMB figures are transformed to USD at rates of RMB 6.69=USD 1 based upon quotes since October 23, 2026, unless otherwise specified. USD conversions are approximate and, where suitable, rounded for ease of recommendation. They might not totally match dominating currency exchange rate.