Core Insights - The article discusses the progress of the company's supercharging station construction, highlighting the current number of stations and future targets [1] Group 1: Supercharging Station Progress - The total number of supercharging stations has increased from 2420 to 2424 [1] - The progress towards the goal of over 2500 stations by the i8 release is at 90.17%, with 55 days remaining until the release [1] - The daily requirement to meet the i8 release target is 1.38 stations, based on the remaining time [1] Group 2: Annual Construction Goals - The progress for this year's new station construction is at 30.66%, with 208 days left in the year [1] - To meet the annual target, the company needs to build 7.58 stations per day [1] Group 3: New Stations Details - Four new supercharging stations have been completed in various locations, including Guangdong, Shandong, Tianjin, and Zhejiang, with specifications provided for each [1]

Core Viewpoint - The article discusses the research conducted by Li Auto on SiC (Silicon Carbide) chips, emphasizing the importance of rigorous testing methods to ensure the reliability of these chips in electric vehicles [2][3]. Group 1: Research and Development - Li Auto has developed its own SiC chips, which are crucial for handling high voltage and current in electric vehicles [2]. - The company identified a specific type of "problem chip" that poses a risk of sudden failure under harsh working conditions, which current industry standards fail to detect [2][3]. Group 2: Testing Methodology - The article highlights the UIS (Unclamped Inductive Switching) test, which simulates extreme conditions to verify the chip's ability to withstand energy surges [3]. - Results from UIS testing showed a significantly higher failure rate for chips with surface defects, confirming the effectiveness of this testing method [3]. Group 3: Chip Design and Efficiency - Li Auto utilizes hexagonal SiC cells, which offer lower conduction resistance and better reliability, although they may increase switching losses [4]. - The company has customized its SiC design to address efficiency concerns, particularly given the lower switching frequency requirements for automotive applications [4]. Group 4: Industry Context - The article mentions the involvement of a young female engineer, Jinying Yu, in the research, reflecting the rapid development of China's new energy sector [4].

2025年5月26日-6月1日，理想L6789/MEGA周上险分别为4970/2980/1430/2100/538。 其中L9/MEGA上一次周上险更高都是2024年3月25-31日，当时分别为2265与1100。24年12月，L9最 高周上险是12月9-15日、23-29日的1900，MEGA最高周上险是12月9-22日，两周均为310。 L678上一次更高的周上险分别为25年4月28日-5月4日的5620，24年12月23-29日的3200，25年5月19- 25日的1450。 也就是说L9/MEGA上周周上险属于1年多以来的新高，其中L9是略高于24年12月的水平，MEGA是明 显高于24年12月的水平。上一次这么高还是24年3月MEGA/24款L789发布会带来的剩余订单。 L6L8上周周上险处于今年正常水平，L7是24年12月以来的最好水平。 只和理想自己过去环比的话，可以看到理想表现最好的车型排序是MEGA/L9/L7/(L68)。 这与理想自身旗舰感的水平也是一致的，MEGA>L9>L7>L8>L6。 24款L789改款后发布会拥有的剩余订单，可能在2024年3月31日左右就消耗完了，2024年 ...

Core Viewpoint - The article discusses the strategic decisions made by Li Auto regarding its autonomous driving technology, particularly the choice to standardize laser radar in its vehicles and the implications of chip selection on performance and safety. Group 1: Decision on Autonomous Driving Features - Li Auto decided not to support high-level urban auxiliary driving in certain models due to a significant market demand for lower-cost options, indicating that consumers are willing to forgo advanced features for a lower price [1] - The company compared various autonomous driving chips and chose the J5 chip, which, while not suitable for laser radar, was deemed the best option at the time. The J6M chip, although having similar computing power, will not be available until 2025, making it impractical for the 2023-2024 models [1][3] Group 2: Rationale for Laser Radar Standardization - The decision to standardize laser radar was influenced by advancements in the industry, which have made the immediate safety benefits of laser radar significant enough to warrant its inclusion. This shift is expected to reach a critical point by the second half of 2024 [1][6] - Li Auto's confidence in the safety value of laser radar led to its decision to include it as standard equipment, taking into account the overall industry progress and the company's own product update cycle [1] Group 3: Technical Considerations of Chips - The J6M chip's architecture, including CPU, bandwidth, and AI capabilities, has been significantly upgraded compared to the J5, allowing it to effectively integrate with laser radar, despite both chips having the same computing power [4] - The J5 chip was chosen for its visual-centric design and was considered adequate for the entry-level autonomous driving configuration, utilizing a 10-camera setup, which was competitive at the time [3] Group 4: Customization of Laser Radar - The ATL laser radar used by Li Auto is a customized version that offers superior performance compared to standard models, with better resolution and detection capabilities, tailored specifically for Li Auto's algorithms [5] - The collaboration between Li Auto and the radar manufacturer has led to optimizations that enhance the product's effectiveness, making it unique to Li Auto's vehicles [5] Group 5: Safety as a Priority - The inclusion of laser radar in the new model is primarily for safety reasons, as it performs better in challenging conditions such as low light and glare, thus enhancing overall vehicle safety [6][7] - Li Auto emphasizes that the addition of laser radar does not increase the vehicle's price, reflecting a commitment to providing enhanced safety features without additional costs to consumers [7]

Core Viewpoint - The article discusses the progress of the company's supercharging station construction, highlighting the recent additions and future targets for expansion. Group 1: Supercharging Station Progress - The total number of supercharging stations has increased from 2416 to 2421, with a recent addition of 5 new stations [1]. - The company aims to achieve a target of over 2500 stations by the i8 release date, which is in 58 days, requiring a daily addition of 1.36 stations to meet this goal [1]. - For the end of 2025, the target is to have over 4000 stations, with a current progress of 30.53% towards this annual goal, necessitating a daily addition of 7.48 stations for the remaining 211 days of the year [1]. Group 2: New Station Details - Five new supercharging stations have been established in various locations, including: - Deqing Service Area in Jiangxi Province (two configurations) [1]. - Lin Yi City in Shandong Province [1]. - Wuyi Service Area in Zhejiang Province (two configurations) [1]. - Hangzhou West Lake Paradise Software Park in Zhejiang Province [1].

Core Viewpoint - The article discusses the delivery guidance and sales expectations for Li Auto's vehicles, particularly focusing on the MEGA model and its impact on the sales of other models like i6 and i8 [1][2]. Group 1: Delivery Guidance and Sales Expectations - Li Auto's delivery guidance for Q2 2025 is set between 123,000 and 128,000 units, with April and May deliveries recorded at 33,939 and 40,856 units respectively, indicating a June delivery forecast of 48,205 to 53,205 units [1]. - The expected delivery volume for June 2024 is 47,774 units, suggesting a year-on-year growth of 0.9% to 11.37% [1]. - During the Q1 2025 conference call, Li Xiang projected a steady state for MEGA at 2,500 to 3,000 units [1]. - If the MEGA model achieves 8,000 pre-orders, it could guarantee a minimum monthly sales of over 2,000 units, with average new orders of 1,000 units from June to December [1]. Group 2: Market Dynamics and Consumer Preferences - There is a notable preference for 6-seat vehicles among families, primarily driven by the need to accommodate children, as the layout offers better convenience compared to 5-seat vehicles [2]. - Some consumers who initially preferred 6-seat vehicles reconsider their choice, finding 5-seat options sufficient due to better second-row space in certain models [2]. - The pricing of 6-seat vehicles is generally higher, with a greater proportion of range-extended models being sold compared to 5-seat options [2]. - The L7 model has consistently outperformed the L8 in sales, indicating a potential trend in consumer preferences [2]. - The sales performance of the i8 model could influence the i6 model's sales, with a successful i8 potentially leading to strong i6 sales, while a poor performance of the i8 still leaves room for the i6 to perform well [2].

Core Insights - The article discusses the progress of the company's supercharging station construction, highlighting the current number of stations and future targets [1][2][3][4][5][6] Summary by Sections Current Status of Supercharging Stations - The total number of supercharging stations has slightly decreased from 2417 to 2416, with a recent addition of 29 stations bringing the total to 2400 [1] - The company aims to achieve over 2500 stations by the release of the i8 model, which is 60 days away, requiring a daily addition of 1.40 stations to meet this target [1] Yearly Goals and Progress - For the year 2025, the company targets over 4000 supercharging stations, with current progress at 30.31% and a need for 7.44 stations to be added daily to meet the year-end goal [1] - The remaining time in the year is 213 days, indicating a time progress of 41.64% [1] Recent Additions and Specifications - A total of 45 new stations have been established across various locations, including Beijing, Guangdong, and Jiangsu, with specifications varying from 4C × 4 to 4C × 8 [1][3][4][5][6] - Specific locations include urban and highway service areas, indicating a strategic expansion in both city and highway networks [3][4][5][6] Station Reductions - There has been a reduction in the number of stations, specifically in Foshan, Guangdong, where one station has been temporarily or permanently removed [3]

Core Viewpoint - The article discusses the ongoing debate regarding the market potential of the MEGA vehicle, with contrasting views on whether it represents a large or small market opportunity. The analysis emphasizes the importance of understanding consumer perceptions and the product's core definition in determining its market success [1][2][5]. Group 1: Market Perspectives - The main contention revolves around whether MEGA can capture a significant share of the SUV market while maintaining its core product definition and pricing. This has led to the classification of opinions into "MEGA large market faction" and "small market faction" [2][5]. - The small market faction argues that MEGA's design, particularly its length, limits its appeal, suggesting that high NPS (Net Promoter Score) is a result of a survival bias among a small group of satisfied users [3][4]. - Conversely, the large market faction believes that the perceived shortcomings of MEGA are misunderstood and that the vehicle can indeed attract a broader customer base beyond just MPV users [5][6]. Group 2: Consumer Insights - Research indicates that most current MEGA buyers were already inclined towards purchasing an MPV, while those who are not considering MEGA often cite its length as a primary concern [4][6]. - The article highlights that consumer apprehensions about the vehicle's size stem from practical concerns about driving and parking, rather than the vehicle's inherent qualities [7][8]. - It is noted that the perception of MEGA being difficult to drive is a common psychological barrier that needs to be addressed through effective communication of its driving experience [8][9]. Group 3: Strategic Recommendations - The large market faction suggests that improving the communication of MEGA's value proposition and enhancing emotional engagement with consumers are critical for expanding its market reach [6][8]. - The article emphasizes that while increasing MEGA's sales volume is not guaranteed, there is a significant opportunity to capture a larger share of the SUV market if the product's strengths are effectively communicated [6][9]. - The analysis concludes that understanding the differing perspectives on MEGA is essential for navigating the ongoing debate and for making informed strategic decisions [9].

来源： 北北自律机 25年05月30日星期五 理想超充 16 新增。 超充建成数：2355→2371座 基于i8发布日期 2500+座目标 新增数进度值：81.24%→83.31% i8发布剩余62天（按7月31假设） i8发布剩余时间进度值：70.62% 需每日 2.08 座，达到 i8发布 目标值 江苏省 南京市 南京江北砂之船超级奥莱 为城市4C站，规格：4C × 6 江苏省 无锡市 ———————————————————— 基于2025年底4000+座目标 今年新增数进度值：27.63%→28.33% 今年剩余215天 今年时间进度值：41.10% 需每日 7.58 座，达到年底目标值 湖南省 长沙市 长沙阳青路（近万科魅力之城） 为城市4C站，规格：4C × 6 江苏省 淮安市 淮安融创广场3期西南角停车场 为城市4C站，规格：4C × 6 江苏省 淮安市 淮安利苑六区西侧停车场 为城市4C站，规格：4C × 6 【附】16 座新增建成 福建省 泉州 泉州丰泽茂福路 为城市2C站，规格：2C × 8 2C 库存这么多 广东省 广州 广州荔湾凤池路 为城市4C站，规格：4C × 6 广东省 汕头市 汕 ...

Core Insights - The article discusses the progress of the construction of supercharging stations, highlighting the increase in the number of stations and the targets set for future developments [1]. Group 1: Supercharging Station Progress - The total number of supercharging stations has increased from 2340 to 2355, achieving a progress value of 81.24% towards the goal of 2500+ stations by the i8 release date [1]. - There are 63 days remaining until the i8 release, requiring an average of 2.30 new stations to be built daily to meet the target [1]. - For the year 2025, the goal is to have over 4000 stations, with a current progress value of 27.63% and a requirement of 7.62 new stations daily to meet the year-end target [1]. Group 2: New Station Locations - The article lists 15 newly constructed supercharging stations across various provinces, including: - Anhui Province: Hefei City, at the intersection of Changjiang East Road and Wanggang Road [1]. - Guangdong Province: Guangzhou and Shenzhen, with specific locations mentioned [1]. - Guangxi Zhuang Autonomous Region: Nanning City, at Jiangnan Park Northeast Parking Lot [1]. - Hainan Province: Haikou City, at Hegui Mansion [1]. - Henan Province: Xinxiang City, at Hongqi District [1]. - Hunan Province: Changsha City, near the Xueshi Telecom Bureau [1]. - Jiangsu Province: Multiple locations including Changzhou and Wuxi [1].