's autonomous driving system, equipped with 508 Tops of computing power and LiDAR, could compete with and by next year, Li Xiang, CEO of the Chinese electric car company, said on Weibo on April 20.

All of Li Auto's current and future models will be equipped with assisted driving and autonomous driving features, Li said.

Li Auto charges neither activation fees nor subscription fees for software, data services, mapping services, arithmetic hardware, and sensors, Li said.

This appears to be the first time Li Auto has mentioned that its future models will have 508 Tops of computing power and be equipped with LiDAR.

Li's comments come on the heels of a public test ride of the BAIC Arcfox α-S model equipped with Huawei's autonomous driving technology on April 15 in Shanghai.

On April 16, a video documenting the drive began to go viral on the Chinese Internet, leaving many in awe of the maturity of Huawei's self-driving technology.

The video showed that the test vehicle had been driving relatively smoothly through red lights, unprotected left turns, avoiding vehicles at intersections, yielding to pedestrians, and changing lanes.

Faced with competitive pressure from Huawei's self-driving technology, Motors CEO He Xiaopeng did not comment directly in an interview Monday, saying that from his past experience, working with Huawei to build cars is not a long-term solution.

He said he had tried a similar model with Huawei when he was at UCWeb and "died a horrible death".

Each partner has its own needs, so both sides need to continue to communicate to do adaptation work, and over time both sides will have dissatisfaction, He said.

In addition, a screenshot of a group chat circulating shows that CEO William Li, after watching the video, said the ET7's autopilot performance is definitely better than that of Arcfox, which is equipped with Huawei's technology.

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