Xiaomi buys self-driving technology company Deepmotion

Xiaomi yesterday announced the purchase of Deepmotion for approximately $ 77 million. The Chinese company Deepmotion, established four years ago, specializes in developing self-driving technology. Combining this message with recent information that Xiaomi is looking to buy most of the Evergrande Group's electric vehicle division, it is clear that the plans outlined in March are well underway.


Xiaomi yesterday announced the purchase of Deepmotion for approximately $ 77 million. The Chinese company Deepmotion, established four years ago, specializes in developing self-driving technology. Combining this message with recent information that Xiaomi is looking to buy most of the Evergrande Group's electric vehicle division, it is clear that the plans outlined in March are well underway.

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