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$LI AUTO-W(02015)$ $Li Auto(LI)$  

 


On November 15, 2024, Ideal Automobile (Li Auto) debuted at the 2024 Guangzhou International Automobile Exhibition with the Ideal L series and Ideal MEGA, and held the 2024 Guangzhou International Auto Show Intelligent Press Conference. Ideal Automobile announced the latest progress of the new generation of intelligent driving technology architecture - end-to-end + VLM dual system, and announced that the OTA 6.5 version of the vehicle-computer system will be officially pushed at the end of November, with new parking space-to-park intelligent driving, R-MAI backward false acceleration suppression, and R-AEB backward automatic emergency system. Functions such as dynamic and handheld car computer.

Fan Haoyu, senior vice president of Ideal Automobile Products Department, said: "Based on the end-to-end + VLM parking space-to-car space function, the push of the test drive of ten thousand people and stores across the country has been launched. At the end of November, all AD Max users can enjoy supervised intelligent driving from parking space to parking space. Ideal Automobile is the first and only supervised intelligent driving car company in the whole industry that pushes the parking space to the parking space in full.

During the Guangzhou Auto Show, the 200,000th vehicle of Ideal L8 was delivered to users, resulting in the cumulative delivery volume of Ideal ONE, Ideal L9, Ideal L8 and Ideal L7 exceeded 200,000 vehicles. As the first Chinese luxury new energy vehicle brand to achieve a milestone of one million vehicles, Ideal Automobile relies on the comprehensive application of AI artificial intelligence technology and has entered a new period of accelerated growth.

Intelligent driving technology releases user value, and the proportion of AD Max model sales continues to increase.

As the first new car enterprise to reach the milestone of one million vehicles and China's luxury new energy vehicle brand, Ideal Automobile will fully embrace AI and focus on artificial intelligence in 2024, and promote the continuous iteration of the product strength of the whole series, especially the rapid growth of intelligent driving. In July this year, the ideal car picture-free NOA was fully pushed, and in October, the ideal new generation intelligent driving technology architecture - end-to-end + VLM dual system was officially pushed to all AD Max users, entering the era of AI large models.

The progress of intelligent driving technology is creating greater user value. With the continuous upgrading of product strength, users' travel has changed greatly, and the intelligent driving mileage has doubled. From a national perspective, the cumulative mileage of intelligent driving of ideal cars has reached 2.67 billion kilometers, an increase of 123% compared with the end of last year, and the cumulative number of active safety avoidances has exceeded 3.6 million times. With the support of sufficient training data and computing infrastructure, the end-to-end + VLM intelligent driving system is rapidly iterated. Compared with July, the average takeover mileage of MPI is 3.5 times higher.

Intelligent driving has become one of the most important reasons for buying a car. The continuous upgrading of ideal intelligent driving has greatly stimulated the attention of the market and users. Since the NOA push without pictures in mid-July, the proportion of NOA test drives in ideal car stores has increased by nearly three times. By price segment, at present, the sales proportion of AD Max of ideal car models with a price of more than 300,000 yuan has reached 70%, and the sales proportion of AD Max models with a price of more than 400,000 yuan has reached 80%.

The first release in the industry! At the end of November, "parking space to parking space" intelligent driving will be fully pushed

The ability of end-to-end + VLM has accelerated its evolution. It took less than 4 months. The end-to-end model has iterated more than 30 versions to cover the entire scene of user travel. At present, the R&D team of Ideal Automobile is accelerating the upgrade of the "pacup to parking space" ability of the end-to-end + VLM system. It is being pushed to tens of thousands of internal test users one after another, and will gradually cover the test drive of 478 stores nationwide. According to the plan, by the end of November, the "parking space to parking space" capability will be pushed to all AD Max users with the OTA6.5 version of the vehicle-computer system, which can easily cope with narrow community roads, roundabouts, urs or complex construction scenarios, etc. The upgraded vehicles will support the autonomous passage of the national high-speed toll station ETC, and will automatically The navigation end point matches the AVP valet parking route, which truly realizes an intelligent driving experience without interruption throughout the whole process.

Safety is the cornerstone of all experiences, and the proactive security ability will be upgraded.

At the same time, after the upgrade of the OTA 6.5 version of the car computer system, the active safety ability of the ideal car will be further strengthened. At present, the active safety capability of Ideal Automobile has covered high-risk, high-frequency forward and horizontal areas. After upgrading, it will cover omnidirectional areas, providing users with 360-degree all-round protection. For the backward active safety ability, the ideal car has been upgraded in the new version. The industry-leading rear AEB function (automatic emergency braking) and rear MAI (misacceleration suppression) function have been developed, among which the rear AEB can cover the target within 100 degrees behind the vehicle, and the rear MAI can avoid accidents caused by accidental stepping on the accelerator pedal. The two functions are in the process of reversing in any direction. All can intervene.

The rapid growth of ideal cars in the field of intelligence is not limited to intelligent driving, but the intelligent space experience is also continuously optimized and iterated. Up to now, Ideal Automobile has completed 17 OTA upgrades in 2024, and has upgraded and optimized nearly 1,000 functions. Ideal Classmate + Task Master 2.0 is based on the self-developed pedestal model Mind GPT, which brings "cognitive intelligence and strong reasoning ability" into the car for the first time, and can generate exclusive applications in one sentence. OTA 6.5 will also add handheld rear cabin screen, HUD add current time display, manual recording of driving recorder and other functions, so that the vehicle has more gameplay and possibilities.

Because of artificial intelligence, it grows rapidly. Ideal Automobile has applied AI technology on a large scale in product function development, technology research and development, supply and manufacturing, service network construction and operation and other business processes to better drive the comprehensive improvement of business efficiency and performance. With the support of 100 billions of cash reserves, Ideal Automobile will firmly maintain high R&D investment in the future development process and continue to provide users with better products and services.



Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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