Understanding the Market | LI AUTO-W Surges Over 7% Again, Intelligent Driving "End-to-End + VLM" with OTA 6.4 Starts Full-scale Push
Li Auto-W rose by over 7% again, as of the time of publication, it rose by 7.23% to HKD 108.2, with a turnover of HKD 1.168 billion. On the news front, on October 23, Li Auto announced that Li Auto Intelligent Driving "End-to-End + VLM" will be fully pushed with OTA 6.4, covering AD Max platform models of MEGA/L9/L8/L7/L6. CITIC Securities believes that large-scale models empower cars, and end-to-end intelligent driving is experiencing a qualitative change. This year, there have been several milestone events in the autonomous driving industry in terms of technology and business. Among them, Tesla's FSD v12.3 first adopted an end-to-end model, reducing the code lines from 300,000 to 3,000. Since its release in April this year, it has demonstrated higher performance limits, a more human-like driving style, and faster model convergence speed. The advent of advanced autonomous driving with ChatGPT is approaching. The bank believes that the industry logic is undergoing fundamental changes, and development has entered a deep water area, with the logic gradually approaching the AI industry
According to the Financial Channel APP, Li Auto-W (02015) surged over 7% again, as of the time of publication, it rose by 7.23% to HKD 108.2, with a turnover of HKD 1.168 billion.
On the news front, on October 23, Li Auto announced that Li Auto Intelligent Driving "End-to-End + VLM" will be fully pushed with OTA 6.4, covering the AD Max platform models of MEGA/L9/L8/L7/L6.
CITIC Securities believes that large-scale models empower automobiles, and the end-to-end makes intelligent driving usher in a qualitative change. This year, there have been several milestone events in the autonomous driving industry in terms of technology and business. Among them, Tesla's FSD v12.3 first adopted an end-to-end model, reducing the code lines from 300,000 to 3,000. Since its release in April this year, it has demonstrated higher performance limits, a more human-like driving style, and faster model convergence speed. The advent of advanced autonomous driving with ChatGPT is approaching. The bank believes that the industry logic is undergoing fundamental changes, and development has entered a deep water area, with the logic gradually approaching the AI industry