Li Auto's Self-Developed AI Chip M100 Exposed, Performance Three Times Higher Compared to High-End Models
Li Auto's Q3 2025 financial report shows total revenue of 27.4 billion yuan, a 36.2% year-over-year decline; net loss of 624.4 million yuan, compared to a profit of 2.8 billion yuan in the same period last year. In a conference call, management emphasized that the company is accelerating its transformation in autonomous driving and AI fields. The self-developed AI inference chip M100 has made significant progress, indicating future strategic adjustments.