Core Insights - The overall retail sales of passenger cars in January decreased by 13.9% year-on-year, with a total of 1.544 million units sold. The retail sales of new energy vehicles (NEVs) reached 596,000 units, representing a penetration rate of 38.6%, down 3 percentage points from the previous year [1][11]. Retail Market Overview - In January, the retail sales of self-owned fuel passenger cars were 250,000 units, up 17% year-on-year, while self-owned NEVs sold 226,000 units, marking a significant increase of 115%. NEVs accounted for 47.5% of self-owned exports, indicating growing international influence [2]. - The retail sales of self-owned brands totaled 890,000 units, down 18% year-on-year, with a domestic market share of 57.5%, a decrease of 3.5 percentage points [2]. - Mainstream joint venture brands sold 470,000 units, down 4% year-on-year, with German brands increasing their market share to 19.8%, up 1.4 percentage points [2]. Production and Wholesale Analysis - In January, the production of passenger cars was 2.003 million units, down 4.4% year-on-year. The wholesale volume was 1.973 million units, a decrease of 6.2% year-on-year [4]. - The wholesale of self-owned brands was 1.326 million units, down 8%, while luxury car wholesale increased by 4% to 228,000 units [4]. - The overall wholesale landscape is changing, with some mid-tier companies showing strong performance, such as SAIC-GM-Wuling and NIO [4]. New Energy Vehicle Insights - The production of NEVs reached 938,000 units, a slight decrease of 0.6% year-on-year, while wholesale sales were 864,000 units, down 3.3% [5][6]. - NEV retail sales were 596,000 units, down 20% year-on-year, with conventional fuel vehicles selling 948,000 units, down 10% [7]. - NEV exports reached 286,000 units, a remarkable increase of 103.6%, accounting for 49.6% of total passenger car exports [11][12]. Market Trends and Future Outlook - The new energy vehicle market is expected to face challenges in February due to the impact of the Spring Festival, which may lead to lower sales volumes [16]. - The transition from merely selling cars to exporting entire industrial chains is anticipated, indicating a shift towards quality growth in the automotive export sector [17].

Overall Market - In January 2026, the retail sales of passenger cars reached 1.544 million units, a year-on-year decrease of 13.9% [14] - The decline in retail sales is attributed to complex market factors and a historical pattern of fluctuating sales in January [14] - The end of the new energy vehicle purchase tax exemption in December 2025 has led to a recovery period for the new energy vehicle market, with some consumers having made purchases in December to take advantage of the policy [14] - January 2026 saw a significant increase in exports, with passenger car exports reaching 576,000 units, a year-on-year increase of 52.0% [16] - The production of passenger cars in January 2026 was 2.003 million units, a year-on-year decrease of 4.4% [16] - The wholesale volume for January 2026 was 1.973 million units, a year-on-year decrease of 6.2% [17] New Energy Market - In January 2026, retail sales of new energy vehicles (NEVs) totaled 596,000 units, down 20.0% year-on-year [18] - The penetration rate of NEVs in the domestic market was 38.6%, while the export penetration rate was 49.6% [15] - The production of NEVs reached 938,000 units, a slight decrease of 0.6% year-on-year [18] - The wholesale volume of NEVs was 864,000 units, down 3.3% year-on-year [18] - The export of NEVs reached 286,000 units, a significant increase of 103.6% year-on-year, accounting for 49.6% of total passenger car exports [22] Company Performance - BYD, Geely, and Chery are leading in the new energy vehicle market, with BYD's sales reaching 205,518 units in January 2026 [24] - The market share of domestic brands in the new energy sector is increasing, with a notable rise in the export of new energy vehicles to Europe and Southeast Asia [15][22] - The new energy vehicle market is characterized by a shift towards higher quality products, with an increase in the proportion of high-end NEVs [15] Market Outlook - February 2026 is expected to see lower sales due to the shorter working days caused by the extended Spring Festival holiday [27] - The market is anticipated to stabilize post-holiday, with potential recovery in the entry-level electric vehicle segment [28] - The overall sentiment in the consumer market remains cautious, influenced by high costs and economic factors [28]

| 今天小米机器人团队正式开源了阶段性研究成果:Xiaomi-Robotics-0,兼具视觉 语言理解与高性能实时执行能力的具身智能VLA 模型。在主流的Libero、Calvin和 | 2 1小时间 来自 Xiaomi Pad /S Pro H编辑 | | | --- | --- | --- | | SimplerEnv 测试集,包括所有的Benchmark和30种模型对比中,均取得当前最 | | | | 优的成绩。内含多个演示视频。 | | | | 小米很早开始布局机器人业务,欢迎更多优秀同学加入机器人团队 ♥ 目小米开源首代机器人 VLA 大模型,刷新多项 SOTA! | | | | 状+) 长期未示 ( + 文章 | | | | Xiaomi-Robotics-0 | | | | 小米开源首代机器人 VLA 大模型,刷新多项 SOTA! | | | | [7 58 | FJ 181 | 6577 47 | 责任编辑：王翔 2月12 日，小米宣布开源首代机器人VLA大模型Xiaomi-Robotics-0。小米创办人雷军发文表示，今天小 米机器人团队正式开源了阶段性研究成果： Xiaomi-Roboti ...

Core Insights - Xiaomi's founder, chairman, and CEO Lei Jun announced the milestone research achievement of the Xiaomi Robotics team: the intelligent VLA model Xiaomi-Robotics-0, which has achieved optimal results in several mainstream testing sets and has been open-sourced [1] Group 1 - Xiaomi has been investing in the robotics business for a long time and is committed to promoting open-source technology and transparent results [1] - The newly released open-source VLA model Xiaomi-Robotics-0 features 4.7 billion parameters, combining visual language understanding with high-performance real-time execution capabilities, setting new state-of-the-art (SOTA) benchmarks [1] - The model has excelled in three major mainstream simulation tests and has demonstrated physical intelligence generalization in real-world tasks, exhibiting coherent actions and responsive reactions, while achieving real-time inference on consumer-grade graphics cards [1]

2月12日，小米宣布开源Xiaomi-Robotics-0。据介绍，这是一个拥有47亿参数、兼具视觉语言理解与高 性能实时执行能力的开源VLA模型。 ...

天眼查显示，近日，武汉壹捌壹零企业管理有限公司发生工商变更，注册资本由38亿人民币增至53亿人民币，增幅约39%。 | | | | 四公司 白字图 直关系:直风险 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 图在用的频业更向工具 MALINERS MANAGER | 三次都是在第十六年度有限公司 | 8 天殿一下 | 十 应用 · | | 商务合作 企业级产品。 必开通会员。 | ● 费米· | | 基本信息 310 | | 法律诉讼 | 经营风险 | 经营信息 42 | 公司发展 478 | 知识产权 | 用中信息 8 G | | | 变更记录 15 @ | | | | | | 变更项目· | 变更时间。 ■ 含品 | ●大眼圈 | | 序号 | 委員日期 | 受用则目 | | 变更前 | | | 变更后 | A | | 1 | 2026-02-09 | 联络员备案 | 姓名:王瑞乐 | | 姓名:马丹妮 | | | | | 2 | 2026-02-09 | 注册资本变更(注册资 金、节量的额等变更) | ...

（文/观察者网 张家栋 编辑/高莘） 2月10日，当雷军在直播间平静地说出"第一代SU7量产已经结束。"标志着小米汽车这款充满着传奇色彩且带有争议的首发车型，正式完成其历史使命。 小米汽车直播间 作为小米跨界造车的真正起点，SU7自2024年春季上市以来就带着强烈破圈属性进入市场。不同于传统车企循序渐进推新，小米用互联网品牌的传播方式和 爆款逻辑切入整车赛道，长周期预热、参数密集披露、创始人深度参与讲解与背书，整体呈现方式更接近科技旗舰产品发布会。 这种传播方式也令小米迅速在社交平台获得巨量关注并转化为订单。公开数据显示，SU7开启预订后24小时内订单超过8.8万辆；在随后不到两年的产品周 期内，全生命周期累计交付接近37万辆，成为同价位新能源轿车中鲜有媲美特斯拉的单一车型。 但高热度也同步放大了风险暴露面，去年来SU7多起事故暴露的安全问题，以及营销层面的争议事件，使小米一度陷入舆论漩涡，甚至冲击到其既有的用户 基本盘。 更重要的是，伴随相关事件持续发酵，外界讨论已不只停留在单一产品本身，而是延伸到车辆安全冗余设计、智能化能力边界界定、用户引导方式等更底层 问题，并引发行业与监管层面对相关定义和规范进行反复 ...

小米集团总裁卢伟冰今日发文宣布，#新一代SU7# 卡布里蓝，2月13日起开始到店。首批覆盖7城30 店：北京、上海、广州、深圳、杭州、成都、武汉。其他城市，敬请期待。 责任编辑：王翔 小米集团总裁卢伟冰今日发文宣布，#新一代SU7# 卡布里蓝，2月13日起开始到店。首批覆盖7城30 店：北京、上海、广州、深圳、杭州、成都、武汉。其他城市，敬请期待。 责任编辑：王翔 ...

Group 1 - The core viewpoint of the article highlights the regulatory actions taken by Beijing's market supervision authority against major online platforms involved in train ticket sales due to consumer complaints about issues like false ticket grabbing and price fraud [1][3]. Group 2 - The Beijing market supervision authority will intensify regulatory enforcement to combat illegal activities such as false ticket grabbing and misleading transactions [3]. - A comprehensive review and rectification of platform pages will be conducted, including the removal of misleading promotional products and adjustments to promotional content to prevent consumer confusion regarding partnerships with 12306 [4]. - Platforms are required to ensure clear pricing, prominently display the content and prices of value-added services, and rectify issues where displayed ticket prices do not match actual payment amounts, thereby safeguarding consumer rights [4].

Core Insights - The global smartphone market is expected to grow by 4% year-on-year in Q4 2025, driven by seasonal demand recovery and improved inventory management, despite some manufacturers facing rising component costs [1] - Apple leads the market with a 25% share, benefiting from strong demand for the iPhone 17 series, achieving record quarterly shipments and maintaining its position as the largest smartphone manufacturer for three consecutive years, slightly ahead of Samsung [1] - Samsung holds the second position with an 18% market share, primarily driven by strong sales of models priced below $300, particularly the Galaxy A17 4G and 5G series [1] Global Market Rankings - In Q4 2025, the top smartphone vendors by unit share are: - Apple: 25% (+9% growth) - Samsung: 18% (+16% growth) - Xiaomi: 11% (-11% growth) - Vivo: 8% (+4% growth) - OPPO: 8% (+9% growth) [2] Regional Performance - In the APAC region (excluding Greater China), the top vendors are: - Samsung: 19% (+18% growth) - Apple: 18% (+4% growth) - Vivo: 15% (+11% growth) - OPPO: 11% (+6% growth) - Xiaomi: 10% (-23% growth) [4] - In Latin America, the rankings are: - Samsung: 33% (+21% growth) - Lenovo: 16% (+14% growth) - Xiaomi: 15% (+6% growth) - HONOR: 9% (+64% growth) - Apple: 7% (-8% growth) [4] - In India, the top vendors are: - Vivo: 25% (+16% growth) - OPPO: 16% (+4% growth) - Samsung: 14% (-11% growth) - Xiaomi: 12% (-26% growth) - Apple: 11% (-1% growth) [6] - In the United States, the rankings are: - Apple: 69% (+8% growth) - Samsung: 14% (-3% growth) - Lenovo: 9% (+13% growth) - Google: 3% (-15% growth) - TCL: 2% (-7% growth) [6] - In Brazil, the top vendors are: - Samsung: 39% (-1% growth) - Lenovo: 23% (+12% growth) - Xiaomi: 15% (+12% growth) - Apple: 11% (+10% growth) - realme: 5% (-7% growth) [7]