Overview
- Xiaomi confirmed that the SU7 EV was operating in Navigate on Autopilot mode at 116 km/h before the crash, with the driver taking control seconds before hitting a barrier at 97 km/h.
- The crash resulted in the deaths of three college students and raised questions about the safety of Xiaomi's intelligent driving systems, particularly in the standard model lacking LiDAR technology.
- Xiaomi has submitted driving and system data to the police and established a task force to assist investigations and address public concerns about the incident.
- The company’s stock dropped 5.5% following the news, reflecting investor concerns about the implications for Xiaomi's EV strategy and safety protocols.
- Analysts and industry experts stress the need for improved driver education on the limitations of assisted driving technologies to prevent over-reliance on such systems.