Group 1 - The 2025 China Brand Person Annual Conference will be held from December 28 to 30 in Shenzhen, focusing on the theme "Who Earns Respect for China" [1][10] - The event will include a series of activities such as an opening ceremony, main forum, honor ceremony, and closed-door discussions to review the history of Chinese brand development and explore new trends and opportunities in brand building [1][10] Group 2 - The "Top Brand 2025 China Brand Person 500" list was released by Lv Dapeng, Vice President of the China Public Relations Association, highlighting the overall characteristics and industry trends of the listed individuals [10][12] - This list has been publicly released for the seventh consecutive year, continuously recording and promoting the growth and influence of Chinese brand figures [10][12] Group 3 - The top three individuals in the 2025 China Brand Person 500 are Ren Zhengfei, Liu Qiangdong, and Yu Chengdong, with Dong Mingzhu, He Xiaopeng, Li Shufu, Wang Chuanfu, Jack Ma, Liang Wenfeng, and Wang Ning following in positions 4 to 10 [3][12] - The selection process involved analyzing over 5,000 influential brand figures based on criteria such as industry authority, social influence, sense of social responsibility, public image, and attention [3][12]

Core Insights - XPeng Motors officially launched the 2026 models including P7+, G7 Super Range, G6, and G9 at the global product launch event on January 8, 2026, with prices starting from 186,800 RMB for P7+ [1] - The new models feature the second-generation VLA developed by XPeng, which is the first in the industry to achieve L4 initial capabilities, enabling direct generation of action commands from visual signals [1][3] - XPeng's AIOS 6.0 system was introduced, marking a significant upgrade from passive response to proactive service in smart cabins, and will be equipped in the newly launched vehicles [7] Model Specifications - The 2026 P7+ offers a dual energy solution with a pure electric range of 430 km and a comprehensive CLTC range of 1550 km, featuring a space utilization rate of 88% [9] - The G7 Super Range model includes a 55.8 kWh battery and a 60L fuel tank, achieving a CLTC comprehensive range of 1704 km and a pure electric range of 430 km, with a spacious trunk capacity of 779 liters [9] - The G6 is priced from 176,800 RMB, while the G9 starts at 248,800 RMB, showcasing XPeng's diverse product offerings [1] Market Expansion - XPeng achieved a cumulative global delivery of 429,445 units in 2025, representing a 126% year-on-year growth, with products available in 60 countries and regions [7] - The global launch of the 2026 P7+ took place in Brussels, Belgium, on January 9, 2026, as part of XPeng's AI technology manufacturing journey [11]

Core Insights - Xiaopeng Motors is launching its 2026 P7+ model globally, marking its first simultaneous release in 36 countries, including production in Europe, indicating a significant milestone in its global expansion strategy [1] - The company aims to establish itself as a major player in the global automotive market, with a vision for the next five years described as "magical" by its founder, He Xiaopeng [3][4] Group 1: Global Expansion and Product Launch - Xiaopeng P7+ is part of a broader strategy that includes the simultaneous launch of four new models, emphasizing the importance of good products and technology reaching global markets [1] - By 2025, Xiaopeng's overseas deliveries are projected to reach 45,008 units, a 96% increase year-on-year, with expansion into 60 countries [1] - The company has already established a presence in several European markets, with the G6 and G9 models achieving significant sales milestones [1] Group 2: Local Production and R&D - Xiaopeng is advancing its localization strategy with the establishment of manufacturing bases in Indonesia, Austria, and Malaysia, creating a global manufacturing network [2] - The company has set up nine R&D centers worldwide, with a new center in Munich, Germany, aimed at localizing technology and product innovation [2] - Xiaopeng plans to build a self-operated fast-charging network across Europe, Asia, and America starting in 2026, enhancing its global charging infrastructure [2] Group 3: Autonomous Driving and Technology - The company is preparing for the potential easing of regulations on advanced driver-assistance systems (ADAS) in Europe by 2026, which could facilitate the global rollout of its autonomous driving technology [2][3] - Xiaopeng's intelligent cockpit technology, based on its second-generation VLM, supports seamless multilingual communication, catering to diverse markets [3] Group 4: Industry Trends and Competitor Movements - The year 2026 is viewed as a critical juncture for new energy vehicle brands as they seek to expand internationally amid increasing domestic competition [4] - Other Chinese automakers, such as NIO and Li Auto, are also ramping up their global strategies, with plans to enter multiple European markets and establish local production [5][6] - The overall trend indicates a shift from simple product exports to deeper localization strategies among Chinese automakers, enhancing their competitiveness in international markets [8] Group 5: Market Performance and Projections - In 2025, China's automotive exports reached 6.343 million units, with a notable increase in new energy vehicle exports, which doubled to 2.315 million units [7] - The market share of Chinese electric vehicles in overseas markets rose from 9.9% in 2024 to 15.4% in 2025, reflecting growing competitiveness [7] - Projections for 2026 suggest that overseas sales of Chinese passenger vehicles could reach between 641,000 to 656,000 units, with significant growth in new energy vehicle exports [8]

Core Viewpoint - The company Xpeng aims to rebrand itself as a "physical AI" company rather than merely a car manufacturer, indicating a strategic shift towards advanced technologies beyond traditional automotive offerings [1] Group 1: Company Strategy - Xpeng is preparing to launch street trials of robotaxis, showcasing its commitment to integrating AI technology into transportation solutions [1] - The company plans to start mass production of humanoid robots later this year, further emphasizing its focus on AI and robotics [1]

Core Viewpoint - Xiaopeng Motors continues its product offensive in 2026, launching four new models with advanced L4-level computing capabilities and proactive intelligent cockpit services, embodying the concept of "technology equality" [1] Group 1: New Model Launches - On January 8, 2026, Xiaopeng Motors unveiled the 2026 models of P7+, G7 Super Range, G6, and G9, with global releases in 36 countries [1] - The pricing for the new models starts at 186,800 RMB for P7+, 195,800 RMB for G7, 176,800 RMB for G6, and 248,800 RMB for G9 [1] - The 2025 cumulative delivery reached 429,445 units, marking a 126% year-on-year growth, with products available in 60 countries and regions [3] Group 2: Technological Innovations - The new models feature the second-generation VLA developed by Xiaopeng, capable of achieving L4 initial capabilities, with a direct generation of action commands from visual signals [5] - The second-generation VLA software will begin vehicle deployment in March 2026, with Robotaxi already passing third-party testing [5] - The newly launched Tianji AIOS6.0 system upgrades the intelligent cockpit from passive response to proactive service, enhancing user interaction [5] Group 3: Model Features and Specifications - The 2026 P7+ offers a spacious interior with an 88% usable area, a trunk capacity of 725L, expandable to 2,221L, and features like a zero-gravity passenger seat [7] - The G7 Super Range emphasizes over 20 luxury comfort features and a spacious interior, with a trunk capacity of 779L, expandable to 2,237L [9][10] - The G6 and G9 models are equipped with high-performance Turing AI chips and the Tianji AIOS6.0 system, providing various intelligent driving and cockpit options [12][14]

Core Insights - Xiaopeng Motors launched four new models at the 2026 Global Product Launch, including the P7+, G7 Super Range, G6, and G9, with global releases in 36 countries [1][10][37] - The P7+ is highlighted as the world's longest-range extended-range electric sedan, featuring both electric and extended-range versions with prices starting at 186,800 RMB [1][15] - The G7 Super Range boasts a comprehensive range of 1,704 km, making it a significant addition to the SUV market [23][25] Group 1: Product Launch Details - The 2026 P7+ offers two energy forms: extended-range and pure electric, with prices for the extended-range versions set at 186,800 RMB and 198,800 RMB [1] - The G7 is available in four versions, with prices ranging from 195,800 RMB to 205,800 RMB, while the G6 starts at 176,800 RMB [1] - The G9 features three versions with prices from 248,800 RMB to 278,800 RMB, showcasing Xiaopeng's commitment to diverse offerings [1] Group 2: Technological Advancements - The new models are equipped with the second-generation VLA and AIOS 6.0, enabling advanced intelligent driving and cabin experiences [4][8] - The second-generation VLA achieves L4-level capabilities, allowing for direct action generation from visual signals, marking a significant innovation in AI technology [4][6] - The AIOS 6.0 system enhances user interaction with a 3D navigation interface and proactive service capabilities, setting a new standard in smart cabin technology [8] Group 3: Performance and Efficiency - The P7+ achieves a pure electric range of 430 km and a combined range of 1,550 km, with a low energy consumption of 10.9 kWh/100 km in electric mode [15] - The G7 Super Range features a 55.8 kWh battery and a 60L fuel tank, allowing for a combined range of 1,704 km and a pure electric range of 430 km [25] - Both models support rapid charging capabilities, with the P7+ able to charge from 10% to 80% in just 12 minutes [15][25] Group 4: Safety Features - The P7+ meets dual five-star safety standards for China and Europe, incorporating advanced safety features such as a robust battery structure and a high-strength body [19] - The G7 Super Range includes comprehensive safety measures, with a battery pack featuring 17 safety protections and an active safety system for various driving conditions [29] - The vehicles are designed to provide a secure driving experience, with innovative safety technologies addressing complex road scenarios [19][29] Group 5: Market Position and Strategy - Xiaopeng Motors reported a 126% year-on-year increase in global deliveries, reaching 429,445 units in 2025, and aims to expand its market presence in over 60 countries [10] - The launch of these new models signifies Xiaopeng's strategic shift towards global markets, emphasizing its commitment to innovation and quality [10][37] - The company aims to integrate AI technology deeply into its products, enhancing user experience and establishing a strong foothold in the global automotive industry [37]

高盛预计中国2026年新能源车零售销量增长约10%。在不同价格区间方面，多数企业认为17万至18万元 以上车型的补贴力度基本不变，但低价车型在新政下的补贴下降幅度显著。该行给予比亚迪及小鹏汽 车"买入"评级，因具备相对优势，受惠于更高的海外市场销售扩张。 高盛发表报告指，近日举办中国汽车2026年管理层展望系列会议，举行了10场在线会议，涵盖六家整车 制造商(OEM)、两家零件供应商及一家经销商，参与公司包括上汽集团、广汽、小米、零跑汽车、长城 汽车、赛力斯等。该行对中国汽车行业观察到四大核心主题：(1)公司管理层普遍对行业总量持保守态 度；几乎所有OEM预期企业自身将实现双位数销量增长，并加大海外拓展力度，(3)新车型推出节奏积 极，尤其高端市场竞争显著加剧；(4)汽车产业链各环节或面临潜在价格及利润率压力。 ...

昨日，2026款小鹏P7+发布。2026款小鹏P7+是全球最长纯电续航增程轿车和全球能耗最低的混动轿 车，CLTC综合续航1550km，纯电续航430km，拥有同级领先电耗百公里12.5kWh。价格方面，超级增 程1550 Max科技版售价18.68万元，1550 Max旗舰版售价19.88万元。 责任编辑：宋雅芳 新浪科技讯 1月9日上午消息，小鹏P7+第10万台整车下线。与此同时，2026款小鹏P7+（超级增程）向 首批车主交付。 新浪科技讯 1月9日上午消息，小鹏P7+第10万台整车下线。与此同时，2026款小鹏P7+（超级增程）向 首批车主交付。 昨日，2026款小鹏P7+发布。2026款小鹏P7+是全球最长纯电续航增程轿车和全球能耗最低的混动轿 车，CLTC综合续航1550km，纯电续航430km，拥有同级领先电耗百公里12.5kWh。价格方面，超级增 程1550 Max科技版售价18.68万元，1550 Max旗舰版售价19.88万元。 责任编辑：宋雅芳 ...

Core Viewpoint - Nomura's report indicates that XPeng Motors (XPEV.N) held its first annual new product launch on January 8, introducing four new and updated vehicle models while simultaneously launching a limited-time promotional campaign [1] Group 1: Product Launch - The company reiterated its business strategy focused on deepening its presence in the physical AI sector by 2026 [1] - The four models announced include the all-new P7+ (available in both range-extended and pure electric versions), the all-new G7 (primarily in range-extended version), and the G6/G9 2026 model pure electric vehicles [1] Group 2: Market Outlook - The company maintains a target price of $30 for its U.S. stock and a "buy" rating [1]

Group 1 - The core observation from Goldman Sachs indicates a cautious outlook on the overall Chinese automotive market, with management expecting retail sales of passenger vehicles in 2026 to decline by 5% to grow by 1% year-on-year, despite the continuation of the "old-for-new" subsidy policy [1] - The report highlights that all six OEMs anticipate their sales growth in 2026 to range from 11% to 68%, while overseas sales are expected to increase between 19% and 108%, indicating a significant expansion despite a stable domestic market [2] - The management teams emphasize an accelerated overseas expansion strategy for 2026, with plans to launch more overseas versions of new models and establish local sales and service channels [3] Group 2 - The introduction of new models is expected to be aggressive, with a total of 119 new models projected for 2026, categorized by price range: 46 in the mass market (below 200,000 RMB), 37 in the mid-to-high-end market (200,000 to 300,000 RMB), and 36 in the high-end/luxury market (above 300,000 RMB) [3] - The competitive landscape in the high-end market is anticipated to become more crowded, particularly in the 250,000 to 300,000 RMB price range, which is expected to be the most competitive segment [3] - Goldman Sachs predicts a contraction in the domestic profit pool for the Chinese automotive industry in 2026, while the overseas market is expected to see accelerated adoption of new energy vehicles [3]