On October 19, Li Xiang, the CEO of Li Auto, shared his insights in a post, emphasizing that when automotive OEMs (Original Equipment Manufacturers) conduct in-depth research on core battery technologies, it brings advantages for both the industry's evolution and consumers' satisfaction. The development of the industry hinges not solely on specialized suppliers but also on OEMs that engage deeply with core technologies. When both parties collaborate and innovate, it is the users who ultimately reap the rewards. In 2020, Li Auto made the strategic decision to independently develop batteries, with the goal of driving technological advancements in tandem with professional partners, all while keeping the needs of the entire vehicle and its users at the forefront. Furthermore, Li Auto is set to host an electric technology launch event at 19:30 on October 20, where they will unveil their latest technological breakthroughs.