Ideal Auto CFO estimates that R&D expenditure will reach 12 billion, and will continue to strengthen technology R&D

Li Auto's chief financial officer predicts that the company's R&D spending will reach RMB 12 billion in the next year. This money will be mainly used for technology research and development and innovation to maintain the company's leading position in the highly competitive market. Li Auto firmly believes that continued investment in technology is the key to its long-term success.