Xiaomi Awards Engineering Team $1.36 Million for Record-Breaking V8s Electric Motor
Xiaomi CEO Lei Jun announced that the company's self-developed Xiaomi Electric Motor V8s has won the prestigious 10 Million Technology Award, recognized as Xiaomi's highest technical honor. The award acknowledges the motor's exceptional innovation, leadership, and influence within the automotive sector in 2024. As part of this recognition, the engineering team responsible for the V8s received a cash prize of RMB 10 million, equivalent to approximately $1.36 million. Lei Jun highlighted that the V8s represents Xiaomi's flagship technology in the electric vehicle industry, boasting a rotational speed of 27,200 rpm, which makes it the fastest mass-produced electric motor globally. This marks the seventh technology award issued by Xiaomi over the past five years, with total financial rewards exceeding RMB 50 million ($6.82 million). The announcement underscores Xiaomi's significant investment in independent research and development, aiming to solidify its competitive position in the rapidly evolving electric vehicle market through superior technological advancements and engineering excellence.
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Xiaomi Awards Engineering Team $1.36 Million for Record-Breaking V8s Electric Motor
Xiaomi CEO Lei Jun announced that the company's self-developed Xiaomi Electric Motor V8s has won the prestigious 10 Million Technology Award, recognized as Xiaomi's highest technical honor. The award acknowledges the motor's exceptional innovation, leadership, and influence within the automotive sector in 2024. As part of this recognition, the engineering team responsible for the V8s received a cash prize of RMB 10 million, equivalent to approximately $1.36 million. Lei Jun highlighted that the V8s represents Xiaomi's flagship technology in the electric vehicle industry, boasting a rotational speed of 27,200 rpm, which makes it the fastest mass-produced electric motor globally. This marks the seventh technology award issued by Xiaomi over the past five years, with total financial rewards exceeding RMB 50 million ($6.82 million). The announcement underscores Xiaomi's significant investment in independent research and development, aiming to solidify its competitive position in the rapidly evolving electric vehicle market through superior technological advancements and engineering excellence.
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