On June 16, during the Liv Dayis celebrations, Li Auto (02015.HK) hosted a Software and Embodied AI Launch Event in Beijing. At this event, the company formally put forward a thorough definition for embodied AI vehicles: they are intelligent agents characterized by four core competencies—functioning as an electric vehicle, a professional driver, an AI computer, and a lifestyle assistant. Building upon this framework, the event unveiled Li Auto's next-generation spatial interaction experience, a self-developed embodied AI model, the world's inaugural dynamic dataflow AI chip, the Mach M100, along with a suite of embodied AI products and experiences. Additionally, Li Auto announced its comprehensive OTA upgrade plan for the year. Li Xiang, Chairman and CEO of Li Auto, declared that the self-developed Mach M100 chip is set to commence mass production and be integrated into vehicles by May 2026, marking it as the world's first mass-produced dynamic dataflow AI chip. With the mass production rollout of the Mach M100, Li Auto has attained full-stack self-development capabilities, encompassing chips, compilers, operating systems, AI algorithms, and domain controllers.