Ideal Auto's R&D expenses in the first quarter reached 3 billion yuan, and breakthroughs were made in areas such as intelligent driving

Li Auto's R&D investment in the first quarter of 2024 reached 3 billion yuan, a significant year-on-year increase of 64.6%. These funds are mainly used for the research and development of intelligent driving, assisted driving and active and passive safety technologies, and have achieved remarkable results.