Li Xiang, CEO of Li Auto (02015.HK), said treating self-development as a move to
"de-XX" suppliers and set up adversarial relationships is mistaken. He cited
Apple’s A-series, NVIDIA and Qualcomm (in-house design + TSMC foundry) and
Tesla’s in-house batteries produced alongside CATL, LG and Sunwoda, arguing
those models have strengthened, not weakened, suppliers. Li Auto will not adopt
a zero-sum "de-XX-ification" approach to its R&D strategy and he expects other
leading Chinese smart EV firms to avoid that mindset.
