Xiaomi Acquires Autonomous Driving Company Deepmotion For $77 Million

The company's getting serious about its upcoming electric car business.

Xiaomi is getting serious about its electric car business.

CNBC reported Thursday that Xiaomi has acquired Chinese autonomous driving startup Deepmotion for about $77.37 million.

The company said the acquisition will help "enhance the technological competitiveness" of its electric car business.

With the move, …

from Mashable India tech https://ift.tt/38cU6Ft

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