Xiaomi Driverless Technology in Focus After Fatal Electric Car Crash

China’s Xiaomi, a consumer electronics giant turned automaker, said it is cooperating with a police investigation into a fatal crash involving one of its electric vehicles while the driver was using the car’s autonomous driving features.A Xiaomi SU7 sedan drove into a concrete guardrail on an expressway in eastern China late on Saturday night at around 60 miles per hour, according to a post on Xiaomi’s official social media account.On Tuesday, local media published reports about the collision and ensuing fire, which killed three college students, along with pictures of the charred remains of the vehicle.Xiaomi said the driver deployed the company’s Navigate On Autopilot, an assisted driving feature, while going around 70 miles per hour on the expressway.
Seconds before the collision, the car warned that there were obstacles ahead and started to decelerate but it was too late.The company said it called the police and emergency services.The fatal crash took place one year after the launch of Xiaomi’s SU7 electric vehicle, marking a major shift for a company that had gained a cultlike following for its smartphones and home appliances.
And the SU7, which bears a resemblance to the Porsche Taycan at a fraction of the price, has been a breakthrough success in China’s cutthroat electric vehicle market.It sold more than 200,000 units in its first year.The ability of a company with no automotive experience to build and sell a car capable of gaining market share so quickly is a testament to the advantages of China’s supply chain of batteries and key components for electric vehicles.
It is also a warning to the automotive industry that the competition is no longer limited to traditional car brands, but to almost any company adept at manufacturing electronic products efficiently and inexpensively.Xiaomi’s stock has fallen nearly 9 percent on the Hong Kong Stock Exchange this week.Last week, the company raised about $5.5 billion by selling new shares to fund ...