蔡司始终秉持着 "We challengethe limits of imagination" 的信念，以敏锐的光学洞见，持续挑战想象力的 极限。近180年来，蔡司始终处于视光学创新的前沿——如今，视野更进一步，致力于超越并扩展可感 知的现实。对理想汽车这样的合作伙伴来说，蔡司成立新的战略事业部证明了蔡司在XR领域进行长期 战略布局的决心，以及为智能眼镜打造卓越光学解决方案的承诺。 理想AI眼镜 Livis全系标配蔡司高品质镜片，并提供近/远视处方定制镜片、感光变色镜片、太阳镜片等 多种版本。2025年12月3日起，用户可前往理想汽车App商城、京东理想智能眼镜官方旗舰店购买，理 想全国零售中心店陆续开放，具体可查看理想官网。12月中下旬起，蔡司电商官方旗舰店、指定蔡司官 方授权合作门店也将陆续开售，届时用户可前往蔡司睛选小程序获取门店地址并了解新品详情。 作为战略合作的一部分，理想和蔡司携手打造卓越线上配镜服务，用户仅需上传验光单，配镜最快当天 完成并发货。理想与蔡司的合作不仅限于国内，也将面向全球市场，共同研发下一代智能眼镜光学技 术。 蔡司欣然宣布与中国电动汽车领域知名企业——理想汽车达成合作。理想汽车 ...

Core Insights - The launch of Livis, the first AI glasses by Li Auto, marks a significant crossover from the smart automotive sector to the smart wearable device market [1][2] - The AI imaging solution for Livis is developed through a deep collaboration with Hezhima Intelligent, showcasing the potential of AI imaging technology in the wearable sector [1] Company Developments - Li Auto's Livis features a comprehensive AI imaging solution that includes various imaging algorithms, covering high-frequency user scenarios such as night scenes and portraits [1] - Hezhima Intelligent has extensive experience in AI imaging, having collaborated with major companies like Samsung and Lenovo, and has equipped over 500 million devices with its technology [1] Industry Impact - The successful release of Livis signifies a breakthrough for Li Auto in diversifying its product offerings beyond smart vehicles [2] - Hezhima Intelligent's provision of core AI imaging solutions for Livis represents a significant industry milestone, demonstrating the successful integration of technology across different sectors [2]

Core Viewpoint - The article discusses the launch of Li Auto's AI glasses, Livis, which aims to integrate AI technology into wearable devices, positioning itself as a significant player in the emerging AI glasses market [2][3]. Group 1: Product Launch and Market Context - Li Auto officially launched its AI glasses, Livis, on December 3, with a starting price of 1999 yuan, offering a 15% government subsidy until December 31, bringing the price down to 1699 yuan [2]. - The global AI glasses market is projected to see significant growth, with IDC forecasting a shipment of 4.065 million units by mid-2025, a year-on-year increase of 64.2%, and a compound annual growth rate of 55.6% from 2024 to 2029 [2]. - Major tech companies, including Meta, Baidu, Alibaba, Huawei, Xiaomi, and Meizu, have also entered the AI glasses market, indicating a competitive landscape [2]. Group 2: Strategic Shift and Company Vision - Li Auto's entry into the AI glasses market aligns with its strategic shift towards becoming a leading artificial intelligence terminal company, as stated by CEO Li Xiang [3]. - The company has established two robotics departments focused on wearable and spatial robots, with Livis being the first product from the wearable robotics division [3][5]. - Li Auto aims to cater to two primary user groups: its car owners and technology enthusiasts, providing features that enhance both driving and daily life [3]. Group 3: Product Features and Innovations - Livis is designed with high-quality components for lightweight, battery life, and AI responsiveness, featuring a frame weight of 36 grams and a battery life of 18.8 hours [5]. - The glasses utilize a self-developed embedded operating system, Livis OS, and the Mind GPT semantic model, enhancing energy efficiency and response speed [6][7]. - Livis offers unique functionalities, including vehicle control and various lifestyle applications, with plans for future OTA updates to expand its capabilities [8]. Group 4: Market Positioning and Collaboration - Li Auto positions Livis as a reliable AI accessory rather than just a trendy consumer electronic product, emphasizing its practical applications [8]. - The company has partnered with Zeiss, a global optical leader, for product development and lens optimization, ensuring high-quality lens integration with the glasses [9][10]. - Li Auto is focused on product quality and user experience rather than immediate market share goals, indicating a long-term commitment to excellence in the AI glasses sector [10].

Core Viewpoint - The article discusses the launch of Li Auto's first wearable device, the Livis AI glasses, which are positioned as a significant advancement in the company's AI product line and a strategic move away from traditional automotive competition [5][29]. Product Overview - Li Auto has introduced the Livis AI glasses with a starting price of 1999 yuan, which can be reduced to 1699 yuan with a government subsidy [5]. - The glasses weigh only 36 grams, making them the lightest in the industry, and offer a long battery life of 18.8 hours [12][14]. - Livis features a 12-megapixel camera with a 105° ultra-wide angle, EIS stabilization, and supports various recording formats [17]. Technological Features - The glasses utilize custom Zeiss optical lenses with T* coating technology, achieving 92% light transmittance and reducing reflection by 99% [12]. - They include an AI assistant, "Li Xiang," capable of controlling vehicle functions through voice commands, enhancing user interaction [22][23]. - Livis supports seamless integration with Li Auto vehicles, allowing users to control car features without needing to access their phones [25][27]. Market Context - The AI glasses market is experiencing rapid growth, with over 40 new models launched this year, indicating a competitive landscape [35]. - According to IDC, global AI glasses shipments are expected to reach 4.065 million units in the first half of 2025, marking a 64.2% year-on-year increase [35]. Strategic Implications - Li Auto's investment in AI technology is substantial, with over 60 billion yuan allocated to AI development in 2024, reflecting a shift towards integrating AI into their product offerings [29][30]. - The launch of Livis is seen as a step towards establishing Li Auto as a leader in embodied intelligence, moving beyond traditional electric vehicle competition [30][32]. - The glasses are designed to enhance user engagement and create a closed-loop ecosystem that integrates automotive services into daily life, potentially increasing customer loyalty [37].

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 理想汽車 呈交日期: 2025年12月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 | A | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02015 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 4,500,000,000 | USD | | 0.0001 | USD | | 450,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 4,500,000,000 | USD | | 0.0001 | USD | | 450,000 | | 2 ...

Core Insights - The AI glasses market is heating up with major players like Baidu, Alibaba, and Li Auto launching their products, with Li Auto's Livis glasses selling out within two hours of release at a price of 1699 yuan [1][3] - Various tech giants are entering the AI glasses space, including Google, which is in the POC stage for two products, and ByteDance, which has multiple projects underway [3][5] - The competition is not just about hardware but also about data collection and user interaction, positioning AI glasses as a critical entry point for future AI applications [11][12] Group 1: Major Players and Market Dynamics - Li Auto's AI glasses Livis were released without pre-sale, directly shipping to consumers, indicating a strong market demand [1] - Google is collaborating with Qualcomm, Samsung, and Foxconn for its AI glasses, aiming for a 2026 Q4 release [3] - ByteDance is pursuing multiple AI glasses projects, with one expected to launch in Q1 2024 and another in Q4 2024, focusing on optical display and spatial computing [5] Group 2: Strategic Importance of AI Glasses - For consumer electronics companies, AI glasses represent an extension of existing hardware experiences and a strategic defense move [6] - Internet companies view AI glasses as a necessary entry point to enhance their data capabilities and user engagement [7] - The competition among various players is intensifying as they all aim to capture the emerging AI glasses market [8] Group 3: Investment and Development Trends - Companies like Alibaba and Baidu are aggressively investing in AI glasses, with Baidu defining it as an S-level strategic product [15] - In contrast, traditional consumer electronics firms are more cautious, viewing AI glasses as a means to explore new growth avenues while protecting their existing hardware domains [17] - The lowering of hardware barriers has led to a surge in supply chain involvement, with companies like GoerTek and Luxshare Precision betting on AI glasses [20] Group 4: Challenges and Competition - The AI glasses market is characterized by a "comprehensive competition" where any flaw in product development can lead to significant setbacks [23] - Previous product failures, such as Xiaomi's high return rate for its first-generation AI glasses, highlight the challenges in this competitive landscape [24] - The industry's future will depend on how well companies can balance resource allocation and strategic patience in the face of intense competition [24]

Core Insights - Li Auto has completed its 20,000th supercharging pile, becoming the leading company in the number of supercharging stations in China [1] - To celebrate this milestone, Li Auto will offer a discount coupon for charging services to its owners from December 5 to December 31, 2025 [1] Summary by Sections Supercharging Infrastructure - The first supercharging pile was established in April 2023, and the 20,000th was located at the MGM Grand Sanya Resort [1] - There are currently over 1,000 high-speed Li Auto supercharging stations, with coverage on the busiest 18 national highways, averaging one station every 141 kilometers [1]

经济观察网 12月3日，理想汽车发布首款 AI 眼镜 Livis，并由黑芝麻（000716）智能提供核心影像算 法，包括 HDR 融合、多帧降噪、视频防抖、夜景和人像优化等能力，重点提升用户日常拍摄体验。双 方团队历经七个月协同研发，理想董事长兼 CEO 李想称 Livis 是"理想最好的人工智能附件"。黑芝麻智 能表示已为 Livis 定制算法并优化性能与功耗，其影像技术已在全球超 5 亿台设备落地。此次合作标志 着理想进入智能穿戴赛道，也展示 AI 影像在新型交互设备中的应用潜力。 ...

Core Viewpoint - Li Auto has officially launched its AI glasses, Livis, which represent a significant advancement in integrating AI technology into everyday user experiences, extending beyond automotive applications [3]. Group 1: Product Features - Livis glasses weigh only 36 grams, addressing the industry's challenge of balancing weight, battery life, and performance while focusing on real user needs [1]. - The glasses feature a 12-megapixel first-person camera with a 105° ultra-wide-angle lens, equipped with EIS electronic stabilization and automatic horizon correction for enhanced photography [1]. - Livis incorporates open-space audio technology, providing a 360-degree surround sound experience, and features a dual magnetic circuit sandwich speaker for clear sound delivery [2][4]. Group 2: AI Integration - Livis is powered by the upgraded Li Auto assistant, utilizing the self-developed MindGPT-4o multimodal model, making it a true AI assistant [4]. - The glasses run on a custom-built embedded operating system, Livis OS, designed to optimize power consumption and ensure smooth operation across various functions like photography, music playback, and voice interaction [4]. Group 3: Strategic Partnerships - Li Auto has formed a global strategic partnership with Zeiss, with Livis being the first product to feature high-quality Zeiss lenses, available in various versions including prescription and photochromic options [3].

Core Insights - The launch of Li Auto's first AI glasses, Livis, has garnered significant attention in the industry and market [1][3] - The collaboration between Black Sesame Intelligence and Li Auto focuses on creating AI imaging solutions that enhance user experience through various advanced algorithms [1][3] Company Developments - Livis aims to provide a seamless smart experience both inside and outside the vehicle, with Li Auto's CEO praising it as the "best AI accessory" [3] - The development involved a seven-month collaboration between Black Sesame's and Li Auto's technical teams, utilizing a point-to-point integration model to ensure timely market release [3] - Livis employs a distributed processing solution, allowing the glasses and smartphones to work together, optimizing algorithm performance while minimizing processing time [3] Technology and Market Trends - Black Sesame has extensive experience in AI imaging, having partnered with major companies and equipped over 500 million devices, demonstrating its market reach and technological maturity [4] - AI glasses are seen as a crucial bridge between the digital and physical worlds, with the market expected to grow rapidly; global AI glasses shipments are projected to reach 78% of total smart glasses shipments by the first half of 2025 [4] - The successful launch of Livis marks Li Auto's expansion from smart vehicles to smart wearable devices, while Black Sesame achieves a significant industry breakthrough [4]