The 2025 China Electric Vehicle 100 Forum was held at the Diaoyutai State Guesthouse in Beijing from March 28 to 30.

Hundreds of people will talk and laugh: Lei Jun makes a car, Wang Chuanfu puts a satellite, Li Xiang opens the source, and He Xiaopeng wants to go to the sky! In the forum, what important messages did the bigwigs convey? Jingtai interprets it for you.

|Lei Jun's car-making record: 100 billion R&D is not soft, and the timing of entry is just right

Lei Jun's first appearance at the Electric Vehicle 100 Forum became the focus of the audience. Deng Chenghao, vice president of Changan Automobile, ridiculed him in place: "We are on the hot search like the New Year, but Lei Jun celebrates the New Year every day, and sometimes he can celebrate the New Year several times a day!" "

At the forum, Lei Jun emphasized the importance of technology, "technology-oriented, deep cultivation of underlying technology, long-term continuous investment". He said that five years ago, Xiaomi decided to invest 100 billion yuan in R&D funds within five years, and the actual investment has reached 105 billion yuan, and it is expected that R&D investment will exceed 30 billion yuan in 2025.

In the face of questions from the outside world about the timing of Xiaomi's car manufacturing, Lei Jun's answer was quite confident: "This is an era of new energy vehicles, and it is also an era of the comprehensive rise of domestic brands." He believes that while many people feel that Xiaomi is too late to enter the automotive industry, it is actually the right time. Because of the joint efforts of the entire industry, when Xiaomi began to build cars, the technology and user habits were already very mature.

Regarding the future strategy, Lei Jun revealed that Xiaomi's strategic direction is "the whole ecology of people, cars and homes", and hopes to share resources and unify standards with peers. At present, Xiaomi has reached a consensus with several partners and is jointly building this ecosystem, "Soon, Xiaomi's ecological parts can appear in the cars of its peers".

Jingtai believes that Xiaomi's car manufacturing move is wonderful: it has not only invested real money in technology, but also caught up with the maturity of the industry, as well as strong ecological blessings. Although it is not too early to enter, it is likely to be the last. After all, in the era of smart cars, you know the advantages of "ecological players"!

|Wang Chuanfu said: Who drives a stupid car in the era of smart cars?

Wang Chuanfu, chairman of BYD, put a "big satellite" at the forum: China's new energy vehicles have been leading the world for 3-5 years!

The industry tycoon's speech was very informative, so let's make a point: the automotive industry is undergoing a transformation from electrification to intelligence, and if the electrification in the first half is improving, then the intelligence in the second half is subversive.

Wang Chuanfu pointed out that the development speed of intelligence is beyond imagination, and it may only take 2 to 3 years to complete this transformation. He took the changes in the smartphone industry as an analogy, saying that it took two years for China to transition from feature phones to smart phones. He also firmly believes that once users get used to intelligent driving, they are never willing to return to the era of non-intelligent driving. "I have driven a smart car, and I never want to drive a non-smart car again", this saying really makes people look forward to the future.

When talking about the globalization strategy, Wang Chuanfu revealed that BYD's new energy vehicles have entered the top ten of the whole brand in more than 10 countries and regions, and they are also accelerating the development of products with local characteristics. He also mentioned that China's new energy vehicle exports will reach a new high in 2024 and are loved by consumers around the world.

To put it simply, Wang Chuanfu's words conveyed two key signals: technical confidence: China's new energy vehicles are indeed good; Strategic ambition: to upgrade from "Made in China" to "Created in China".

Investors can focus on BYD's progress in intelligent driving and overseas markets, after all, on the track of new energy, Chinese car companies have run out of the "leader" posture.

Li Xiang enlarged his move: self-developed OS open source, saving billions a year!

Li Xiang, CEO of Li Auto, put a "technical move" at the forum - the automotive operating system is the next tough battle for smart electric vehicles!

The sharing of this "technical control" CEO is full of dry goods, why should he stumble on the operating system?

Because, if the smart electric vehicle company of the future wants to succeed, it must overcome the difficulties of the automotive operating system. "A high-efficiency and high-performance automotive operating system will effectively solve the core contradiction between computing power demand and supply."

What's even more exciting is that Li Auto is about to launch an open-source automotive operating system called "Ideal Star Warp OS" in April. Li Xiang said, "Ideal Transwarp OS is expected to save suppliers and OEMs tens of millions or even hundreds of millions of yuan in operating system licensing fees every year. ”

According to Li Xiang, under the same chip and computing unit conditions, the ideal self-developed Transwarp operating system surpasses the industry-leading AutoSar operating system in several key indicators. For example, "our adaptation is more flexible, and the adaptation cycle for a chip only takes about 4 weeks, compared to about 5 months with AutoSar." In addition, he also mentioned that Transwarp's operating system has a very wide range of adaptation to chips, not only supporting domestic chips such as Horizon and SemiDrive, but also being well compatible with chips from international manufacturers such as Infineon and NVIDIA.

To put it simply, the ideal wave of operation can be called "technical poverty alleviation": it not only shows off its muscles, but also gives benefits to the industry. Investors can focus on: the ecological construction after open source, the sustainability of cost optimization, and the commercialization potential of technology output.

In the era of smart electric vehicles, whoever masters the operating system will hold the "steering wheel"! Li Xiang made this move, and he played it well.

He Xiaopeng's 'Flying Dream': Spend tens of billions of dollars on research and development, and drive cars into the sky

He Xiaopeng depicted a "flying dream" at the forum: in the next 20 years, the flying car market may be as high as 2 trillion US dollars!

The sharing of the head of this new car-making force is full of science fiction.

He believes that in the next 10 to 20 years, global sales of flying cars will reach 3 to 5 percent of today's car market, and in terms of sales revenue, this figure could account for about 20 percent of the overall automotive industry's revenue. "Considering that the global car market is about $10 trillion, then the flying car market could reach $2 trillion."

In order to seize this opportunity, Xpeng has invested more than 10 billion yuan in the research and development of flying cars in the past decade through its ecological enterprise Xpeng Huitian, and 1,400 R&D personnel are focused on this project. He Xiaopeng revealed that in 2025 alone, Xiaopeng plans to invest another 3 billion yuan in the field of flying cars.

In addition, Xpeng is also actively promoting flight training programs. "We welcome everyone to try to get an airplane driver's license," He Xiaopeng invited. He also said he hopes to build more than 200 flight camps by the end of 2025 and double that number to more than 500 by 2026. At present, Xpeng has started the construction of a factory in Guangzhou, with an estimated annual production capacity of 10,000 units, which will be the world's first assembly line-scale mass production of flying cars.

To put it simply, Xiaopeng is playing a big game of "air-ground integration". Although flying cars still sound sci-fi, He Xiaopeng has given a clear timetable: test the waters in 2025 → Mass production in 2026 → Harvest the trillion market in the next 20 years.

Investors can focus on: the production progress of the Guangzhou factory, the construction speed of the flight camp, and the supporting situation of policies and regulations. After all, when others are still building cars, Xiaopeng is already planning to "go to the sky"! This wave of operations is forward-looking!