Core Viewpoint - The article highlights the significant achievements of the Chinese automotive industry over the past decade, particularly focusing on the growth and innovation of Li Auto, which has become a benchmark in the high-end electric vehicle market in China, achieving substantial sales and revenue milestones [13][14]. Group 1: Company Achievements - Li Auto was founded in 2015 and has established intelligent manufacturing bases in Changzhou and Beijing, becoming the first new force car company in China to achieve an annual sales volume of 500,000 vehicles and over 100 billion yuan in revenue for two consecutive years [13][14]. - In 2024, Li Auto celebrated the production of its one-millionth vehicle, achieving this milestone in just 58 months, and is actively contributing to Changzhou's goal of becoming "China's New Energy Capital" with an expected industry scale of 850 billion yuan [14]. - The company has committed over 6 billion yuan to artificial intelligence (AI) development this year, launching the VLA driver model and "Li Auto Classmate" AI, marking its entry into a new phase of AI-driven development [15]. Group 2: Technological Innovation - Li Auto has focused on core technology research and development, transitioning from external procurement to joint development and self-research, achieving self-control of the industrial chain and product leadership [18]. - The company collaborates with partners and research institutions to create joint innovation platforms, enhancing technological advancements in areas such as laser radar and smart driving chips [18]. - Li Auto's self-developed "Li Star Ring OS" has been fully open-sourced, with partnerships established with 16 industry chain partners to promote collaborative development and innovation [18]. Group 3: Supply Chain and Ecosystem - Li Auto has built a supply chain system characterized by "excellent growth, intelligent innovation, and green health," with annual procurement growing from billions to trillions in just three years [16]. - The company has established a localized industrial ecosystem, with 80% of its suppliers located in the Yangtze River Delta region, fostering a collaborative environment that enhances value creation [17]. - Li Auto's "Li Chain" ecosystem promotes shared resources and collaborative growth among nearly a thousand partners, contributing to high-quality development [16][17]. Group 4: Future Outlook - Looking ahead, Li Auto aims to solidify its innovation foundation and drive high-quality industrial development through technological advancements, while also enhancing user experience with safer and more convenient products [19].

Core Insights - The Chinese automotive industry has achieved significant advancements over the past decade, particularly in the field of new energy vehicles (NEVs), which have become a vital component for high-quality development [1] - Li Auto, established in 2015, has emerged as a leading mid-to-high-end NEV brand in China, achieving annual sales of 500,000 vehicles and over 100 billion yuan in revenue for two consecutive years [1][2] - The company is committed to innovation and has developed a robust supply chain ecosystem, known as "Li Chain," which integrates nearly a thousand partners to enhance collaborative growth [4][5] Industry Development - The NEV sector in China is projected to exceed 12 million units in annual production and sales by 2024, with Li Auto reaching its milestone of 1 million vehicles produced in just 58 months [2] - Li Auto is actively contributing to the development of Changzhou as "China's New Energy Capital," aiming for the local NEV industry to surpass 850 billion yuan in scale by 2024 [2] Technological Innovation - During the 14th Five-Year Plan period, Li Auto has focused on becoming a global leader in artificial intelligence (AI) and plans to invest over 6 billion yuan in AI development this year [3] - The company has launched the VLA driver model and "Li Xiang Classmate" AI system, marking its entry into a new phase of AI-driven development [3] Supply Chain and Ecosystem - Li Auto has established a supply chain system characterized by "excellent growth, intelligent innovation, and green health," with procurement amounts growing from billions to trillions in just three years [4][5] - The "Li Chain" ecosystem promotes localized industrial collaboration, with 80% of suppliers located in the Yangtze River Delta region, and 50% concentrated in Jiangsu [5] Talent Development - Li Auto has partnered with over a hundred universities to cultivate more than 5,000 high-end industry talents through initiatives like the "Li Xiang+" talent program [6] Future Outlook - The company aims to leverage technological innovation to drive high-quality industry development and enhance user experiences in green and smart mobility [8]