Understanding the Market | Li Auto-W rose over 10% as the company reportedly plans to launch two robotic products within the year, with AI technology potentially achieving migration and reuse

According to Zhitong Finance APP, Li Auto-W (02015) rose over 10% in the morning, and as of the time of publication, it was up 10.41%, priced at HKD 54.85, with a transaction volume of HKD 970 million.

In terms of news, according to market media reports, Li Auto has recently planned two products: a two-wheeled robot and a bipedal robot, with the two-wheeled robot primarily aimed at factory scenarios and scheduled for public release within the year. In terms of organizational structure, Li Auto restructured its intelligent department in February 2026, forming three teams: humanoid robots, software entities, and base models, with the humanoid robot project codenamed "Nexus." Li Auto stated that the company is simultaneously laying out autonomous driving in the first half of embodied intelligence and general humanoid robots in the second half, with total R&D investment expected to reach up to 12 billion yuan in 2026, of which AI-related investment accounts for about 50%.

It is worth mentioning that Li Auto's self-developed VLA driver large model has a monthly usage rate of up to 91%, with user penetration rates among the industry leaders; the self-developed intelligent driving AI inference chip M100 has completed sample testing and is expected to be delivered with new vehicles in 2026. This chip is anticipated to have a cost-performance advantage in visual task processing and large model inference scenarios compared to some current high-end chips. Industry insiders believe that these AI technologies are expected to be transferred to robot products, achieving technology reuse