Mahe Core Technology

Founded on August 12, 2026, Mahe Core Technology develops automotive-grade AI chips and domain controllers with core technologies including dynamic dataflow architecture and co-design across algorithms, compilers, operating systems and chips. Its flagship Mahe M100 is a 5nm automotive-grade AI chip that has entered mass production and is deployed in Li Auto production vehicles. The company has not yet commenced substantive commercial operations and has no operating revenue to date. Mahe Core Technology aims to commercialize its self-developed components and accelerate external supply to expand application scenarios beyond automotive. It has instituted a two-tier equity incentive plan to attract and retain R&D talent amid intense industry competition. Li Auto positions the chip business as a “second growth curve” and plans centralized management and targeted capital allocation through the dedicated platform.