Mei Ri Jing Ji Xin Wen·2025-10-16 10:46Core Insights - The first phase of electrification in smart connected vehicles has been preliminarily completed, while the second phase of intelligence is gradually deepening [1] - Innovations in intelligent technology are reshaping product definitions, production models, business models, and user experiences in the automotive industry [1] - The combined advanced driver-assistance systems (ADAS) are a focal point of industry attention, with rapid development and significant improvements in experience and safety [1] Company Summary - Xiaomi is increasing its investment in combined ADAS, with a total initial investment of 5.79 billion yuan [1] - The dedicated R&D team for intelligent driving at Xiaomi has grown to over 1,800 members [1] Industry Summary - New policies and regulations are gradually being implemented, leading to an increase in L3 and L4 pilot projects [1] - Public transportation is expected to become more convenient and safer as these advancements take place [1]