Group 1 - The article discusses the recent surge of discussions regarding "Li Auto owners" on the internet, highlighting that some of the content contains misleading and attacking remarks [1] - The platform, Douyin Blackboard, has received complaints from Li Auto and is actively verifying and addressing the reported content that violates community rules [1]

Core Viewpoint - The article aims to provide insights into the current state of Li Auto, emphasizing that the analysis is neutral and not overly promotional, indicating that the company's positioning as a top player is based on objective assessment rather than hype [1] Group 1: Events and Reactions - On August 3, a Li Auto owner expressed concerns over negative comments targeting the Li Auto community and initiated a series of complaints to the company's management, highlighting a perceived lack of action from the relevant departments [2] - The owner engaged in 27 phone communications with Li Auto's customer service from 9:30 PM on August 3 to 2:19 AM on August 4, totaling approximately 4.5 hours, seeking a response from higher-level management regarding the situation [2] Group 2: Outcomes and Customer Service Issues - Approximately 20 frontline employees apologized but were unable to escalate the issue effectively, indicating a potential flaw in the company's communication system, particularly within customer service [3][4] - A technical expert contacted the owner but refused to disclose their position, stating that management was aware of the public sentiment and was addressing it, yet could not provide satisfactory answers regarding the lack of action [3] Group 3: Analysis of Customer Feedback - The article suggests that a complaining customer is a valuable asset for companies, as it provides genuine feedback about user experiences, contrasting with the leadership's perception of customer dissatisfaction [5] - It highlights a discrepancy between Li Auto's public image and the actual sentiments expressed by users, indicating a potential disconnect in the company's communication strategy [5]

每经记者｜徐肖逍 每经编辑｜文多 8月11日晚，小米（HK01810）创始人雷军在社交平台发文称，YU7标准版配置非常强大，仅续航就高 达835公里，超越了竞品"Pro版"或"Max版"，绝非"丐版"。他向广大网友征求意见：小米YU7标准版是 不是也改名成Pro版或Max版。 图片来源：微博截图 品牌专家、瞻胜传播创始合伙人庞瑞8月12日接受《每日经济新闻》记者采访时表示，雷军此次单独发 文征求命名意见，实质上是把"标准版≠丐版"这一认知冲突显性化。 与小米做法神似的是，理想汽车（HK02015）于8月5日宣布理想i8全系配置统一为顶配版本，标配即顶 配，起售价下调至33.98万元。 庞瑞告诉记者，相较于"用配置梯度收割利润"的传统B2B思维，上述企业的行动都体现了尊重用户的品 牌思维——一个用"参与感"去除丐版概念，一个用"减法"去除选择困难，最终都是让品牌成为用户决策 的"默认选项"。 借用户投票之名 传递定价逻辑之实 本次事件起源于一位网名"黎叔Talk"的汽车"大V"，他发文称："小米YU7标准版提了！全网少见的非 Max丐版博主。" 雷军转发这条微博并进行了上述回应，同时，他还发起网络投票询问网友是 ...

Core Viewpoint - The article emphasizes the long-term strategic vision of Li Auto, showcasing its commitment to developing the VLA driver model as a response to the industry's short-term focus and challenges in intelligent driving technology [1][36]. Group 1: Long-term Philosophy - Li Auto's CEO, Li Xiang, advocates for a long-term approach in business, suggesting that true success requires time and patience, contrasting with quick wins that lack barriers to entry [2]. - The VLA driver model represents a deeper understanding of intelligent driving, focusing on why actions are taken rather than just what can be done [16][36]. Group 2: VLA Driver Model - The VLA driver model is designed to evolve through reinforcement learning, allowing it to predict risks and adapt to user preferences, enhancing the driving experience [9][10]. - Li Auto aims to significantly improve safety metrics, targeting an accident rate of one in 600 million kilometers, compared to current figures of 350-400 million kilometers for its assisted driving [9][15]. Group 3: Technological Innovation - Li Auto has chosen to prioritize simulation testing over extensive real-world testing, achieving over 40 million kilometers of simulated testing by mid-2025, which is far beyond what traditional methods can achieve [10][19]. - The company has developed a unique architecture for the VLA model, allowing for rapid iteration and deployment, which is difficult for competitors to replicate [12][26]. Group 4: Challenges and Responses - Li Auto faces challenges in user trust and safety, emphasizing that safety takes precedence over comfort and efficiency in its current model [30][31]. - The company is committed to addressing industry skepticism regarding the longevity and effectiveness of the VLA model, asserting that it is built for long-term success rather than short-term gains [34][36].

在理想i8发布会举行之前，理想汽车董事长兼CEO李想与前同事、维他动力联合创始人赵哲伦分享了自己关于"选择"的长期主义哲学。 "要选'长'的，这件事情最好要很长时间才能成功，如果是个很短时间就能成功的，就意味着所有人都能成功，反而没什么壁垒。选'长'的，跟时间做朋友， 就有耐心了。"李想说。 当晚，外界都以为理想i8是唯一主角。但这是一场有双主角的发布会，李想在现场宣布，理想VLA司机大模型将随理想i8一同交付。 2025年的智能驾驶战场，弥漫着"短平快"的焦虑。数据上，部分车企依赖人工采集"老司机数据"，甚至雇佣数百人实车路测，成本高昂却效率低下。算法 上，端到端+VLM架构遭遇瓶颈——训练数据突破1000万Clips后，性能增长缓慢。评测上，实车测试无法复现极端场景，接管里程的数字繁荣背后隐藏着极 端场景的未解难题。 面对这些现象，李想曾用这样一句话提醒公司乃至整个行业——端到端模型像猴子开车，它能够学习人类行为，但并不理解物理世界。 李想的犀利比喻，直指行业痛点——短期可落地的技术≠真正智能。基于这样的信念，理想没有简单粗暴地用规则算法"修补"端到端缺陷，而是选择了一条 更艰难的长期主义道路：推翻现有架 ...

编前语：刚刚过去的2023年，中国经济顶住外部压力、克服内部困难，持续回升向好，高质量发展扎实推进。在资本市场，A股上市公司总数突破5300 家，全年新增上市313家，总市值超过87万亿元，位居世界第二。新华网特别推出2023上市公司行业观察系列报道，通过市值变化、营收利润和研发创新 等维度，聚焦热点行业和头部企业，探究经济发展新趋势、新业态、新技术和新应用。 新华网北京2月6日电（记者黄海荣） 2023年，对于中国汽车行业发展史而言，是具有里程碑意义的"高光之年"。乘联会数据显示，在国内汽车市场，国 内自主品牌乘用车市场份额为52%，中国自主品牌销量首次超过合资车。在全球市场，中国首次超越日本，成为第一大汽车出口国。比亚迪销量超越特斯 拉，登顶为全球第一大新能源车企。风物长宜放眼量，全球汽车工业大变革的大幕已经拉开，新能源汽车取代燃油车只是时间问题。中国汽车品牌在通过 新能源车赛道实现"弯道超车"，已然成为当前中国经济新的增长引擎。 新华网上市公司事业部联合企查查，以Choice金融终端数据，以中证行业分类为依据，梳理中国汽车行业（包含电动乘用车、综合乘用车、商用载客车、 商用载货车等子类别）上市公司市值榜 ...

每经编辑｜蒙锦涛 在新能源汽车行业竞争白热化的当下，理想汽车"以用户价值为先"的理念再次引发关注。 日前，理想汽车宣布对上市发布仅7天的i8车型进行重大调整：取消多版本配置，以i8 Max为标准配置统一版本，并将用户呼声最高的冰箱、高阶智能辅 助驾驶全面标配，同时价格调整至33.98万元，让理想i8重新回归"性价比"。 · 辅助档 · AD Pro* 调整后 EE 7 8 售价33.98万元 选装 后舱娱乐屏套装 +10.000元 · 高级辅助驾驶AD Max* · 智能冷暖双用冰箱 · 高级辅助驾驶AD Max* · 智能冷暖双用冰箱 · 铂金音响系统 · 21.4英寸后舱娱乐屏 · 标配97.8度三元锂5C超充电池 · CLTC综合工况续航里程720公里* · 标配理想高级辅助驾驶AD Max(含VLA司机大模型) * · 标配双电机智能四驱,零百加速4.5秒。 · 标配双腔魔毯空气悬架 · 标配全车座椅电动调节和加热,一二排通风按摩。 · 标配二排右侧零重力座椅 · 标配前排双15.7英寸超清屏+超清HUD抬头显示 · 标配20扬声器7.3.4铂金音响系统,带主驾智能音箱。 · 标配智能冷暖双用冰箱 " ...

Core Insights - The article highlights the advancements in intelligent driving technology, specifically focusing on the VLA (Vision-Language-Action) model, which integrates visual perception, language understanding, and action decision-making [4][6][16] - Both Li Auto's i8 and Xpeng's P7 are utilizing VLA technology to enhance their autonomous driving capabilities, marking a shift from traditional rule-based algorithms to AI-driven systems [1][3][16] Group 1: VLA Technology Overview - VLA stands for Vision-Language-Action, which combines visual perception, language understanding, and action decision-making into a unified system [4] - The model processes data from cameras and LiDAR to recognize road conditions, traffic signs, and the positions of other vehicles and pedestrians [4][8] - VLA improves upon traditional models by creating a closed-loop system that enhances adaptability to various driving scenarios [7][10] Group 2: Practical Applications of VLA - VLA can analyze complex traffic situations, such as determining whether to stop for pedestrians or proceed through a green light, mimicking human-like decision-making [8][10] - The technology allows for smoother driving experiences, including automatic risk assessment, stable acceleration and deceleration, and efficient maneuvering in tight spaces [10] - VLA enables continuous communication with the vehicle, allowing it to execute multiple driving commands in sequence [10] Group 3: Psychological Basis of VLA - The functioning of VLA aligns with human cognitive processes, where information is perceived, understood, and acted upon in a structured manner [11][15] - The model aims to replicate human-like perception and decision-making in driving, enhancing the overall driving experience [15][16] Group 4: Future Prospects and Challenges - The introduction of VLA signifies a transition from mere functional enhancements to a more integrated cognitive approach in intelligent driving [16] - Current limitations include the computational power required to run such extensive AI models, indicating a clear area for future technological advancements [16]

大型蓝筹股多数上涨，汇丰控股收报100.791港元，较香港收市涨0.84%；腾讯控股收报558.587港元，较香港收市跌0.43%。 | | 全部落股 | 百,主板 | | 创业板 | 恒生指数 | W | | --- | --- | --- | --- | --- | --- | --- | | 序号 | 名称 | 港股代码 | ADR换算价(HKD) | 较港股升跌 | 较港股升跌% | ADR最新价(美元) A | | 1 | 腾讯控股 | O 00700 | 558.587 | -2.413 | -0.43% | 71.160 | | 2 | 阿里巴巴-W | 09988 | 116.412 | -2.088 | -1.76% | 118.640 | | 3 | 建设银行 | 00939 | 7.905 | -0.025 | -0.32% | 20.140 | | 4 | 汇丰控股 | 00005 | 100.791 | +0.841 | 0.84% | 64.200 | | 5 | 小米集团-W | 01810 | 50.317 | -0.483 | -0.95% | 32.050 | | 6 | ...

Core Viewpoint - The recent increase in tariffs on technology products by the US has accelerated the urgency for domestic substitution in China, while the central bank's liquidity release is expected to support the technology and automotive sectors [2][4][21]. Group 1: Market Performance - On August 7, US imposed approximately 100% tariffs on technology products, exempting domestic manufacturers, which has heightened the urgency for domestic substitution [2]. - The People's Bank of China announced a 0.5% reduction in the reserve requirement ratio, releasing about 1 trillion yuan in long-term funds, and conducted a 700 billion yuan reverse repurchase operation to support technology innovation, consumption, and small enterprises [2]. - Following these developments, the three major stock indices in China turned positive, with over 70% of 101 Chinese automotive stocks rising, averaging a price increase of 3.23% [4][21]. Group 2: Automotive Sector Highlights - The total market capitalization of Chinese automotive stocks increased by 35.35 billion yuan to 10.76 trillion yuan, despite declines in major stocks like BYD and Xiaomi [5]. - The intelligent driving sector saw a significant weekly increase of 6.02%, likely due to the World Robot Conference and supportive policies in Shanghai [5]. - Notable stock performances included Cao Cao's rise of 30.09%, benefiting from an 18.11% surge on August 7, and Dongfeng Group's unexpected stock price increase despite a 90% drop in expected net profit [6][7][8]. Group 3: Individual Stock Performances - Cao Cao's stock price increased by 30.09%, while Dongfeng Group's stock rose by 22.84% despite a significant profit drop [7][8]. - Other notable performers included Hesai with a 20.82% increase and multiple stocks like Zhongtai and Wuling rising over 15% [6][7]. - Conversely, Jianghuai Auto led the decline with a 7.22% drop, while other major players like BYD and Xiaomi also experienced declines [17][18]. Group 4: Future Outlook - The liquidity release and foreign capital inflow are expected to inject confidence into the market, particularly benefiting sectors focused on intelligence and embodied intelligence [21]. - The ability of automotive companies to navigate the challenges of domestic substitution and embrace intelligent transformation will be crucial for their long-term success [21].