Core Viewpoint - Li Auto announced a recall of 11,411 units of the 2024 Li MEGA model due to a fire incident that occurred on October 23, 2025, in Shanghai, which has drawn significant public attention [2] Group 1: Recall Announcement - The recall affects vehicles produced between February 18, 2024, and December 27, 2024 [2] - The total number of vehicles being recalled is 11,411 [2] Group 2: Incident Analysis - The fire incident was attributed to battery explosion, but Li Auto stated that it is not due to cell issues [2] - The company indicated that prior to the incident, all cell status parameters were normal, ruling out abnormalities in the cells as the cause of the fire [2] - Li Auto's internal technical conclusion is pending confirmation from relevant national authorities after thorough investigation and analysis [2] Group 3: User Concerns - In response to user concerns regarding the functionality of the rear sliding door after the incident, Li Auto confirmed that the vehicle automatically unlocked after the accident [2]

Core Viewpoint - The recall of the Li Auto MEGA 2024 model is a proactive measure taken by the company to address safety concerns related to potential defects in the vehicle's cooling system, emphasizing the importance of safety over risk tolerance [1]. Group 1: Recall Details - Li Auto has initiated a recall plan for the MEGA 2024 model, which affects a total of 11,411 vehicles produced between February 18, 2024, and December 27, 2024 [1]. - The recall is due to insufficient corrosion resistance of the coolant, which under specific conditions could lead to corrosion and leakage in the cooling circuit, potentially causing warning lights to illuminate, power limitations, and in extreme cases, thermal runaway of the battery [1]. Group 2: Company Response - CEO Li Xiang stated that the recall is a proactive step, highlighting that while the risk of incidents is low (1 in 10,000), the company prioritizes safety as life is irreplaceable [1].

Core Viewpoint - Li Auto announced a voluntary recall of 11,411 units of its MEGA model due to insufficient corrosion resistance of the coolant, highlighting the importance of proactive measures in ensuring vehicle safety and quality control in the automotive industry [1] Group 1: Company Actions - Li Auto will replace the power batteries and related equipment for the recalled vehicles free of charge [1] - The company is committed to conducting safety inspections and repairs for the affected batch of vehicles to eliminate risks [1] Group 2: Industry Context - The automotive recall system has become a normalized practice in the industry, essential for quality control and consumer safety [1][2] - In the past five years, the average number of annual recalls in China has reached 216, with over 7.59 million vehicles recalled, indicating a trend towards normalization of recalls [2] - International automotive companies, including Mercedes-Benz, Audi, and Tesla, have also implemented recalls this year, demonstrating that recalls can enhance product optimization and reflect a mature quality management system [4] Group 3: Challenges and Perceptions - Over half of the recalls in China are driven by regulatory actions rather than voluntary corporate initiatives, revealing a significant challenge in the industry's perception of recalls [4][5] - There exists a cognitive bias among both companies and consumers regarding recalls, with many viewing them as a negative mark rather than a demonstration of corporate responsibility [5] - The normalization of recalls is crucial for the high-quality development of the automotive industry, as it allows companies to address defects that are nearly impossible to avoid entirely [5]

Group 1: Regulatory Updates - The China Securities Regulatory Commission (CSRC) is soliciting opinions on the "Guidelines for Performance Comparison Benchmarks of Publicly Raised Securities Investment Funds (Draft for Comments)" which emphasizes the representation, constraint, and evaluation roles of performance benchmarks [1] - The CSRC has recently cracked down on the dissemination of false information by industry personnel, highlighting three cases involving analysts and investment advisors [2] Group 2: Financial Performance - In the first three quarters of 2025, A-share listed companies reported a total net profit of 4.7 trillion yuan, a year-on-year increase of 5.34%, with 77% of companies being profitable [1] - The six major state-owned banks reported a total asset value nearing 218 trillion yuan, with a year-on-year revenue growth of 1.87% and net profit growth of 1.22% [2] Group 3: Industry Insights - China's smartphone production reached 881 million units in the first three quarters of 2025, marking a 1% year-on-year increase, while the electronic information manufacturing sector saw a 10.9% increase in value added [3] - In the first two weeks of October, smartphone sales in China grew by 11% year-on-year, with Apple and Xiaomi experiencing significant sales increases of 29% and 21%, respectively [3] Group 4: Corporate Developments - The company Gao Fan, a domestic down jacket brand, is rumored to have completed a financing round with investment from Lei Jun's Shunwei Capital, but the company has not confirmed this [5] - Li Auto announced a recall of 11,411 units of its MEGA 2024 electric vehicle due to potential safety hazards related to coolant leakage [5] - Hongying Intelligent's subsidiary won a 6.16 billion yuan contract for a storage power station project [11] - Baismei's actual controller received a notice from the CSRC regarding an investigation for failing to fulfill acquisition obligations [12]

Core Viewpoint - Li Auto has issued an apology regarding the fire incident involving the MEGA 2024 model, stating that they are cooperating with relevant authorities for an investigation and have initiated an internal review of their systems [1] Group 1: Incident Response - The company promptly contacted the vehicle owner and is actively cooperating with relevant departments to conduct an investigation [1] - The investigation process requires collaboration between the user, fire department, and relevant institutions, which is time-consuming and must follow strict procedures [1] Group 2: Technical Findings - Preliminary findings indicate that the batch of MEGA 2024 vehicles has insufficient corrosion resistance in the coolant, which under specific conditions can lead to corrosion and leakage in the cooling circuit [1] - This issue may result in warning lights, limited power, and inability to power on, with extreme cases potentially causing thermal runaway in the power battery, posing safety risks [1] Group 3: Recall Actions - Li Auto has proactively filed a recall plan with the State Administration for Market Regulation to conduct safety inspections and repairs on all MEGA 2024 vehicles from the affected batch [1] - A total of 11,411 MEGA vehicles are included in this recall initiative [1]

10月31日，理想汽车发文称，2025年10月23日晚，上海发生了一起理想MEGA 2024款车辆起火事件， 引发用户、媒体和社会的密切关注。在此，我们首先向车主表示诚挚的歉意，并对广大用户的担忧和关 切表示理解。 事件发生后，我们第一时间与车主取得联系，积极配合相关部门开展调查工作。由于事故车辆需要用 户、消防及相关机构共同完成勘验与检测，这一过程必须遵循严格的程序，耗时较长。截至目前，尚未 形成最终的技术结论。 与此同时，我们也立即展开内部调查与分析，并对云端预警系统记录和专项验证数据进行了复核。结果 显示，与事故车同批次的理想MEGA 2024款车辆中，由于该批次冷却液防腐性能不足，特定条件下会 导致冷却回路中动力电池和前电机控制器的冷却铝板腐蚀渗漏，导致车辆出现故障灯点亮、动力受限及 无法上电的情形，极端情况下会造成动力电池热失控，存在安全隐患。 安全始终摆在理想汽车的首位。本着对用户安全高度负责、对潜在隐患零容忍的原则，我们已主动向国 家市场监督管理总局备案召回计划，对事故车同批次所有的理想MEGA 2024款车辆进行安全检测与更 换维修。我们将全力以赴排查并消除每一处风险，确保隐患清零，坚决守护每 ...

Core Points - Li Auto has announced a recall of 11,411 units of its 2024 MEGA model due to insufficient corrosion resistance of the coolant, which may lead to battery and motor controller failures under specific conditions [2][3] Group 1: Recall Details - The recall will take effect from November 7, 2025, covering vehicles produced between February 18, 2024, and December 27, 2024 [2] - The affected vehicles may experience warning lights, limited power, and potential failure to start, with extreme cases leading to thermal runaway of the battery, posing safety risks [2][3] Group 2: Remedial Actions - Li Auto will provide free replacement of coolant, battery, and motor controller for the recalled vehicles [3] - The company has implemented a cloud-based early warning system to alert users of potential coolant leaks and will offer roadside assistance if needed [3][4] Group 3: Product Information - The Li MEGA was officially launched on March 1, 2024, with a starting price of 559,800 yuan [4] - The vehicle is equipped with the "Li Auto-CATL Qilin 5C battery," featuring a capacity of 102.7 kWh and a CLTC range of 710 km [4] - CATL claims that the Qilin battery has effective thermal stability and safety features, suitable for high energy density materials [4] Group 4: Industry Context - Other leading automotive companies, including Xiaomi, Zeekr, and Aito, also utilize CATL's Qilin battery in some of their electric vehicle models [4]

本着对用户安全高度负责、对潜在隐患零容忍的原则，我们已主动向国家市场监督管理总局备案召回计 划，对事故车同批次所有的理想MEGA 2024款车辆进行安全检测与更换维修。我们将全力以赴排查并 消除每一处风险，确保隐患清零，坚决守护每一位用户的用车安全。 责任编辑：石秀珍 SF183 新浪科技讯 10月31日下午消息，日前理想MEGA在行驶中突然起火一事迎来新进展，理想汽车今日发 布声明称，向车主表示诚挚的歉意，并对广大用户的担忧和关切表示理解。目前事件尚未形成最终的技 术结论，但理想汽车发现与事故车同批次的理想MEGA 2024款车辆存在安全隐患，将召回同批次11411 台车辆。 理想汽车方面称，事件发生后，我们第一时间与车主取得联系，积极配合相关部门开展调查工作。由于 事故车辆需要用户、消防及相关机构共同完成勘验与检测，这一过程必须遵循严格的程序，耗时较长。 截至目前，尚未形成最终的技术结论。 与此同时，我们也立即展开内部调查与分析，并对云端预警系统记录和专项验证数据进行了复核。结果 显示，与事故车同批次的理想MEGA 2024款车辆中，由于该批次冷却液防腐性能不足，特定条件下会 导致冷却回路中动力电池和前电 ...

Core Viewpoint - The company has acknowledged a fire incident involving the Li Auto MEGA 2024 model, attributing it to insufficient corrosion resistance of the coolant in a specific batch, which poses safety risks [1][2]. Group 1: Incident Response - The company expressed sincere apologies to the vehicle owner and acknowledged the concerns of users and the media regarding the fire incident [1]. - An internal investigation was initiated, and data from the cloud warning system was reviewed, revealing that the coolant's insufficient corrosion resistance could lead to battery and motor controller failures under certain conditions [1][2]. - The company has proactively filed a recall plan with the National Market Supervision Administration to conduct safety inspections and repairs on all vehicles from the affected batch [2]. Group 2: Safety Measures and System Performance - Prior to the fire incident, the cloud warning system had received alerts about potential issues, and staff contacted the vehicle owner promptly; however, the lack of precedent for non-collision fires hindered immediate action [2]. - The company emphasized that all battery cell parameters were normal before the incident, ruling out internal cell anomalies as the cause of the fire [2]. - The vehicle is designed with safety features, including automatic unlocking and mechanical emergency handles, to ensure occupants can exit safely in extreme situations [2].

Core Viewpoint - The incident involving the Ideal MEGA 2024 vehicle fire has raised significant concerns among users, media, and society, prompting the company to conduct an internal investigation and implement a recall plan for safety inspections and repairs [1] Group 1: Incident Details - On October 23, 2025, a fire incident occurred involving the Ideal MEGA 2024 model in Shanghai, attracting widespread attention [1] - The internal investigation revealed that the batch of vehicles had insufficient corrosion resistance in the coolant, which could lead to corrosion and leakage in the cooling circuit under specific conditions [1] Group 2: Safety Measures - The company has taken a proactive approach by filing a recall plan with the State Administration for Market Regulation to ensure safety inspections and repairs for all vehicles in the affected batch [1] - The potential risks identified include warning lights illuminating, power limitations, and in extreme cases, thermal runaway of the power battery, indicating serious safety hazards [1]