Li Auto CEO Says In-House Chips Face ‘Money-Burning’ Criticism
Li Auto’s first in-house AD chip Mach 100 enters mass production. CEO Li Xiang dismisses “copycat spending” claims, highlighting systemic capabilities over single specs. The five-year chip project remedies the first-gen L9’s flaws, and the new L9 Livis will carry dual chips as Li Auto faces shifting sales and fiercer competition.