In Pictures: Li Auto to sell chips and silicon carbide modules to outside customers, following Nio and Xpeng

Li Auto is spinning off its chip unit as it seeks to turn in-house semiconductor work into an external revenue stream.

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The automaker is pitching its Mach M100 chip to third-party buyers, though no supply deals have been disclosed.

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Li Auto joins Nio and Xpeng in monetizing automotive technology developed for its own vehicles.

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The chip spinoff reflects a broader push by Chinese EV makers to commercialize their silicon.

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Li Auto's move mirrors efforts by rivals to convert proprietary hardware into new revenue.

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Its silicon carbide modules are also being offered to outside customers.

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The company has approved the spinoff of its chip business, though details remain limited.

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Chinese automakers are increasingly looking beyond vehicle sales for growth.

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No supply agreements for the Mach M100 chip have been announced so far.

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