Core Insights - The autonomous driving company Haomo Zhixing, backed by Great Wall Motors and other investors, has announced that employees will not be required to report to work starting November 24, indicating potential operational issues and layoffs [1][2] - Over 200 employees have reportedly left the company, with some transitioning to Great Wall Motors, highlighting a significant workforce reduction [1] - The company, which was once valued at 7 billion yuan, is facing challenges in the competitive autonomous driving market, with its leadership indicating that 2024 will be a difficult year [1][2] Company Background - Haomo Zhixing was established in November 2019 as a subsidiary of Great Wall Motors, focusing on artificial intelligence technology for autonomous driving [1] - The company has successfully completed four rounds of financing between 2021 and 2024, with the A round raising nearly 1 billion yuan [2] - The team comprises talent from Great Wall Motors and other tech companies, including former executives from Baidu and Huawei [2] Operational Challenges - In 2023, the company faced setbacks, particularly with the launch of its HPilot 3.0 system and the rollout of its city NOH feature, which did not meet expectations [2][3] - The company’s strategy of diversifying into both passenger vehicle assistance and unmanned logistics has led to resource dilution, impacting production scale and cost efficiency [3] - As a result of these challenges, Great Wall Motors has begun seeking external partnerships, indicating a loss of confidence in Haomo Zhixing's capabilities [3]

Core Viewpoint - The sudden operational halt of Haomo Zhixing highlights the critical issue of technological lag in the autonomous driving industry, leading to severe financial and operational consequences for the company [4][12][20]. Company Overview - Haomo Zhixing, established in November 2019 as a subsidiary of Great Wall Motors, was once a promising player in the autonomous driving sector, achieving a valuation exceeding $1 billion and securing significant orders for its HPilot system [4][10][11]. - The company has faced a rapid decline, with its accounts frozen, employee salaries halted, and difficulties in issuing employment certificates [5][18]. Operational Challenges - The operational crisis has affected approximately 300 to 400 employees, with many facing non-renewal of contracts and unpaid salaries for October and November [7][17]. - The company was unable to deliver a satisfactory "no-map" solution for its autonomous driving technology, leading to Great Wall Motors seeking external suppliers for critical projects [14][15]. Financial Decline - Haomo Zhixing's financial troubles began to surface in November 2024, with a 30% reduction in workforce and a wave of executive departures in mid-2025 [17][18]. - The company has struggled with commercialization and financing, resulting in a reliance on a single client, Great Wall Motors, which poses significant risks [15][20]. Industry Context - The autonomous driving industry is transitioning from a phase of rapid growth to a "survival of the fittest" stage, where companies must establish sustainable business models and technological competitiveness to avoid being eliminated from the market [20][21]. - As technology matures, the focus of competition is shifting from basic technological capabilities to the integration of these technologies to create unique user experiences [20][21].

Core Insights - The 23rd Guangzhou International Auto Show showcased a significant increase in visitor turnout and featured 1,085 vehicles, including 93 global debuts and 629 new energy vehicles, highlighting the strong presence of domestic brands and the acceleration of localization strategies by foreign brands [1][2] Industry Trends - The Chinese automotive market has crossed the critical point of electric vehicle (EV) adoption, with cumulative sales of new energy vehicles reaching 12.943 million units from January to October 2025, marking a 32.7% year-on-year increase and a market penetration rate exceeding 52.9% [2] - The shift towards electric and intelligent vehicles is no longer optional but essential, driving profound changes in product development, supply chain management, and overall industry ecology [2][4] Company Developments - Great Wall Motors unveiled its VLA advanced driver-assistance model, emphasizing the evolution of driving technology and user experience [3] - Ford and Buick are adapting their strategies to local market demands, with Ford's Mustang featuring a localized architecture and advanced technology, while Buick integrates local innovations for enhanced user experience [3] Innovation in the Supply Chain - The auto show highlighted the importance of collaboration across the automotive supply chain, with companies like Jiangsong Technology showcasing innovative solutions such as vertical parking systems with fire safety features and automated charging robots [5] - Xpeng Motors is venturing into humanoid robotics, demonstrating a bionic robot that integrates automotive technology and AI capabilities, indicating a trend towards multi-functional applications of automotive technology [6] - CATL presented its latest battery technology solutions, emphasizing the shift of core supply chain companies from mere suppliers to co-creators in the automotive ecosystem [6]

Core Viewpoint - The sudden announcement by Haomo Zhixing, a subsidiary of Great Wall Motors, to stop all employees from working starting November 24 has raised concerns about the company's potential dissolution and lack of communication regarding employee compensation and future plans [1][3]. Company Overview - Haomo Zhixing, established in 2019, was the first company in China to achieve mass production of autonomous driving technology, focusing on three main areas: passenger car intelligent assisted driving, last-mile logistics delivery vehicles, and smart hardware [3]. - The company had received significant investments, totaling approximately 2 billion yuan, and reached a valuation of over 1 billion USD after its Series A funding in 2021, peaking at a valuation of over 10 billion yuan [3]. Recent Developments - The company launched three affordable intelligent assisted driving products in October 2023, but has faced delays in the rollout of its urban NOH feature, leading to speculation about its operational viability [3][4]. - Great Wall Motors has begun to rely on external supplier Yuanrong Qihang for end-to-end intelligent driving technology solutions, indicating a shift in strategy and a potential decline in Haomo Zhixing's importance within the group [4]. Financial and Operational Challenges - The new model, Blue Mountain, has seen rapid sales growth, with over 8,571 units sold within 24 hours of launch, and a monthly sales increase of over 200% year-on-year [4]. - However, Haomo Zhixing has been experiencing internal turmoil, including layoffs and a lack of clarity regarding employee compensation, leading to a trust crisis among staff [5][6]. Employee Relations - Employees have expressed concerns over unpaid bonuses and delayed salaries, with reports of high-level executives leaving the company amid growing dissatisfaction [5][6]. - There is an expectation for Haomo Zhixing to develop a responsible employee transition plan, with hopes that Great Wall Motors will provide support during this challenging period [6].

来源：中国网 近日，四川省成都锦城学院党委副书记王丽丽率领就业处及相关学院负责人赴重庆市永川区，开展"访企拓岗暨人才供需对接交流活动"，并与长城汽车股份有限公司重庆分公司等七家当地重点企 活动期间，学校调研团队走访了重庆云谷·永川大数据产业园及多家园区企业，深入了解其在数字文创、自动驾驶、服务外包等领域的产业布局和人才需求。在永川高新区管委会组织的座谈会上 王丽丽表示，学校高度重视与优质园区、企业的深度合作，希望以此次签约为契机，进一步推动人才培养与产业需求对接，助力学生在永川实现高质量就业和长远发展。永川高新区管委会副主任 此次合作是成都锦城学院积极响应国家"访企拓岗促就业"号召、深化产教融合的重要举措，也为成渝地区双城经济圈的建设提供了人才与智力支持。 ...

Core Viewpoint - The 2025 Guangzhou International Auto Show has commenced, showcasing WEY brand's new models and launching a brand renewal plan aimed at enhancing its market presence and customer experience [1][4]. Group 1: Brand and Product Launch - WEY brand unveiled its new high-end electric vehicle models, including the High Mountain family, Blue Mountain, and Mocha Hi4, emphasizing its commitment to the new energy and high-end market [1][3]. - The brand's new generation of driver assistance system, Coffee Pilot Master (CP Master), will be first introduced in WEY vehicles, featuring advanced capabilities such as natural human-vehicle interaction and proactive safety measures [2][3]. Group 2: Sales Performance - WEY's sales have shown significant growth, with monthly sales exceeding 10,000 units since the beginning of 2025, and a cumulative sales figure of over 82,000 units from January to October, representing a 200% year-on-year increase [4][5]. - The average transaction price of WEY vehicles has been steadily increasing since 2021, indicating strong competitiveness against global luxury brands [4]. Group 3: Financial Performance - In the first three quarters of 2025, Great Wall Motors reported revenue of 153.58 billion yuan, a year-on-year increase of 7.96%, with new vehicle sales reaching 923,400 units, up 8.15% [4]. - Sales of new energy vehicles reached 278,500 units, reflecting a 31.67% increase, while overseas sales grew by 3.06% to 334,200 units [4]. Group 4: Brand Renewal Plan - The brand renewal plan will focus on four dimensions: value, image, experience, and service, aiming to enhance the brand's appeal and customer engagement [6]. - The plan includes the introduction of a new high-end product line based on a new power platform by 2026, and efforts to strengthen the brand's youthful and international image [6].

Core Viewpoint - Chengdu Jincheng College is actively engaging with local enterprises in Chongqing to enhance talent supply and demand alignment, aiming to improve student employment and long-term development opportunities [1] Group 1: Collaboration Initiatives - The college signed cooperation agreements with seven key local enterprises, including Great Wall Motors, to establish "teaching, internship, and employment bases" [1] - The collaboration is part of a national initiative to promote employment through enterprise engagement and deepen the integration of industry and education [1] Group 2: Talent Development Focus - The school conducted research visits to the Chongqing YunGu Big Data Industrial Park and various enterprises to understand their industry layout and talent needs in digital culture, autonomous driving, and service outsourcing [1] - Discussions among the school, government, and enterprises focused on talent co-cultivation, internship training, and research cooperation to facilitate the organic connection between the education chain and the industry chain [1] Group 3: Regional Economic Support - The collaboration supports the construction of the Chengdu-Chongqing economic circle by providing talent and intellectual support [1] - The deputy director of the Yongchuan High-tech Zone Management Committee expressed appreciation for the college's educational achievements and welcomed more students to contribute to the region's development [1]

Core Viewpoint - The sudden suspension of operations at Haomo Zhixing, a smart driving company incubated by Great Wall Motors, has left approximately 300 to 400 employees facing significant uncertainty, highlighting the challenges faced by companies in the smart driving sector amid fierce competition and technological transitions [1][11]. Company Overview - Haomo Zhixing, established in November 2019, was previously part of Great Wall Motors' intelligent driving system development department, focusing on passenger car assisted driving and logistics automation [1][2]. - The company had raised approximately 2 billion RMB in funding and achieved a valuation exceeding 1 billion USD, positioning itself as a unicorn in the industry [2]. Technological Achievements - The company launched its first logistics automation vehicle, "Xiao Mo Tuo," in November 2020 and developed the MANA intelligent data system, along with the DriveGPT cognitive model [2]. - As of 2024, Haomo Zhixing's user driving mileage surpassed 250 million kilometers, equivalent to circling the Earth 60,000 times [2]. Challenges and Setbacks - Despite past successes, Haomo Zhixing faced significant challenges in transitioning from "image-based" to "non-image-based" smart driving technology, a critical juncture for survival in the industry [3][4]. - The company failed to deliver satisfactory "non-image" solutions, leading to Great Wall Motors losing patience and opting to collaborate with external suppliers like Yuanrong Qixing [5][6][7]. Market Position and Competition - The decision to partner with external suppliers marked a loss of leadership for Haomo Zhixing in the high-level smart driving supply chain [8]. - The company's dual identity as a technology firm and a subsidiary of an automotive manufacturer created fundamental conflicts, hindering its ability to expand its customer base and overcome trust barriers with other automakers [8][9]. Financial and Operational Struggles - Haomo Zhixing attempted to pivot to the mid-to-low level assisted driving market but faced intense competition and price wars, which severely impacted its financial stability [9][11]. - The company initiated layoffs in late 2024, but as funding became constrained, the situation deteriorated rapidly, leading to the current operational halt [9][11]. Industry Context - The smart driving industry in China is experiencing a significant shakeout, with over a thousand companies competing and at least 300 publicly listed firms involved in smart driving technologies [12][13]. - The case of Haomo Zhixing illustrates the harsh realities of the smart driving sector, where once-promising unicorns can quickly fall from grace amid technological shifts and market pressures [13][14].

Core Insights - The 2026 Great Wall Cannon has been launched at the 2025 Guangzhou Auto Show, with suggested retail prices ranging from 99,800 to 182,800 yuan for different models [1] - Since its inception in 2019, the Great Wall Cannon has sold over 750,000 units globally, maintaining its position as the best-selling pickup in China for 60 consecutive months [5] Product Features - The 2026 Off-Road Cannon is built on the Tank platform, featuring a 2.4T diesel engine with a maximum net power of 135 kW and peak torque of 480 N·m, ensuring quick acceleration and climbing response [7] - The vehicle is equipped with a 9AT transmission, providing a wide gear ratio of 8.843 for smooth shifting [7] - The gasoline version has also been upgraded, with power increasing from 140 kW to 160 kW and torque from 360 N·m to 380 N·m [7] Off-Road Capabilities - The 2026 Off-Road Cannon features the BorgWarner 4A+MLOCK four-wheel drive system and comes standard with three mechanical differentials, enhancing off-road capabilities [8] - It offers nine driving modes for various terrains, including economic, standard, sport, snow, mud, sand, 4L, rock, and expert modes [8] - The vehicle includes a 9500-pound wireless T-MAX winch for easier and safer recovery, along with advanced off-road configurations [8] Passenger Vehicle Features - The 2026 Passenger Cannon is also based on the Tank platform, featuring a 2.4T engine paired with a 9AT transmission, designed for various driving scenarios [10] - It includes the Coffee OS 3 smart cockpit with a 10.25-inch digital instrument panel and a 14.6-inch central touchscreen, equipped with advanced protective features [10] - The vehicle supports multiple connectivity options and has a rich application ecosystem, enhancing user experience and safety [10] Commercial Vehicle Features - The 2026 Commercial Cannon is designed for high load capacity, featuring a reinforced chassis and a cargo box size of 1760*1520*540 mm [12] - It is built with galvanized materials to withstand corrosion, ensuring durability for up to 10 years [12] - The vehicle has a towing capacity of 3 tons, making it suitable for various commercial applications [12] Safety Features - The 2026 Commercial Cannon incorporates a high-strength cage body and standard collision fuel cut-off with automatic unlocking for enhanced safety [13] - Upgraded LED headlights and larger tires improve driving stability and safety [13] - The launch of the 2026 Great Wall Cannon signifies the company's commitment to innovation and leadership in the pickup market, aiming to popularize Chinese pickups globally [13]

公开资料显示，毫末智行成立于2019年11月，致力于自动驾驶的人工智能技术，是中国首个实现自动驾 驶技术量产的企业，其前身为2015年长城汽车成立的智能驾驶系统开发部，是长城汽车内部孵化的子公 司。团队由长城汽车的内部技术人员和来自百度、华为等科技企业的工程师组成。 毫末智行早期也有过"风光岁月"：2021年A轮融资中，美团、高瓴、高通等顶级机构注资近10亿元，使 其迅速跻身独角兽行列。2021年5月起，核心产品辅助驾驶系统HPilot 1.0迅速搭载魏牌摩卡等多款车 型。2022年3月，辅助驾驶系统快速迭代至HPilot 2.0版本。2024年用户智驾里程突破2.5亿公里。 据了解，毫末智行的人事动荡由来已久。去年，毫末智行启动大规模裁员，职能部门比例高达三分之一 至近半，同期数据智能科学家贺翔也宣告离职；今年，董事长张凯于6月提出离职，还有多位中高层管 理人员离职，包括技术副总裁艾锐、产品副总裁蔡娜、智行品牌官王佳等关键人物。 智通财经APP获悉，据媒体报道，有消息称长城汽车(02333,601633.SH)旗下的自动驾驶技术公司毫末智 行11月23日突然通知员工，自11月24日起不用到岗上班，赔偿方案尚 ...