Physix Frontier · News Briefing Card (IT Home · Nov 4, 2026)

Li Bin: Smart EVs Are the Highest-Volume Embodied AI Agents

KEY FACTS

Li Bin made the remarks at a forum of the 2026 World Internet Conference Wuzhen Summit.
He said the perception, decision-making and execution chain of smart EVs is now fully proven.
He argued that smart EVs have become the largest-scale AI application industry.
As of the end of August this year, about 61 million passenger cars in China were equipped with combined driving assistance functions.
Of those, about 15 million passenger cars offer navigate-on-autopilot driving assistance.

KEY DATA

About 61 millionPassenger cars with combined driving assistance

About 15 millionPassenger cars with navigate-on-autopilot assistance

Over 950,000NIO vehicles with driver assistance deployed

9.14 billion kmNIO driver-assistance safe driving mileage

PHYSIX OBSERVATION

By redefining smart EVs as embodied intelligence, Li Bin is essentially fighting for carmakers' say in the AI narrative. What really matters is penetration: driver assistance already covers 60% of passenger cars, but high-level navigate-on-autopilot only about a quarter, so scaling has barely begun. Regulators stress a steady, orderly rollout, which means data closed loops and real-world scenario deployment will decide the winners more than slogans do.

Source: IT Home report