The time window for full-stack self-development is shortened by 2024

In 2024, the time window for full-stack self-development is gradually shrinking. For example, although Xiaopeng Motors' R&D investment in the field of intelligent driving is expected to reach 3.5 billion yuan and it has hired 4,000 employees, the high cost still causes its financial report to show a loss. For emerging automakers, the cost of intelligent R&D for each vehicle is as high as 100,000 to 200,000 yuan, causing many manufacturers to face the situation of "losing money on every vehicle sold" and it is difficult to achieve profitability in the short term.