LI AUTO-W (02015.HK)  -0.600 (-1.048%)    Short selling $241.15M; Ratio 35.749%   Chairman and CEO Li Xiang said that competition in the mid-to-high-end smart vehicle segment will essentially be competition in embodied AI over the next three to five years.

The highest technological barriers in the industry and the core factors determining a company's long-term competitiveness will lie in deep co-design of chips and large models, which the group will focus on, the Chairman said.

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With LI AUTO-W developing more powerful in-house computing chips and adopting entirely different model deployment approaches and model scales, together with vertically integrated software-hardware capabilities, the traditional practice of poaching talent as a competitive strategy will become ineffective.

In the long run, Li believed that factories, retail stores and users will all require humanoid robots. Therefore, robotics does not belong exclusively to LI AUTO-W nor solely to start-ups. The company envisions humanoid robots achieving large-scale commercialization and industrialization, similar to the electric vehicle sector between 2010 and 2015.

He expects that reaching such a stage will take at least more than three years, or even longer. During this period, many technical challenges remain to be addressed, as there is still no consensus on the technological roadmap for many detailed aspects, all of which need to be resolved.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-05 16:25.)

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