Core Viewpoint - Chery Automobile has officially entered the AI 2.0 (AI+) era, showcasing its full AI strategic technology blueprint and various AI core achievements during the AI Night event on January 17, 2026, indicating a significant transition from a "technology Chery" to a "global AI technology company" [1] Group 1 - Chery's stock rose over 5%, reaching a price of 30.58 HKD with a trading volume of 90.87 million HKD [1] - The AI strategy includes the launch of the super AI intelligent entity "Xiao Qi," the Falcon Intelligent Driving system, the Lingxi Intelligent Cabin, and the Mocha Robot [1] - The Lingxi Intelligent Cabin is set to be implemented across all major models by Q1 2026, while over 35 models will feature the Falcon Intelligent Driving system in 2026 [1] Group 2 - The event featured Chery's first AI employee, Mo Yin, a humanoid robot that has received dual CE certification from the EU and is operational in over 30 countries [2] - Mo Yin has been utilized in various applications, including factory inspections and showroom services, covering more than 100 scenarios since its global delivery began in April 2025 [2] - The robot has participated in international events, such as the GIIAS 2025 in Indonesia and the Dubai Asian Para Games, contributing to Chery's new growth trajectory [2]

Group 1 - Chery Automobile's stock rose over 5%, currently at 30.58 HKD with a trading volume of 90.87 million HKD [1] - At the AI Night event on January 17, Chery showcased its comprehensive AI strategy, marking the transition to the AI+ era with key technologies such as the AI assistant "Xiao Qi," Falcon Intelligent Driving, Lingxi Smart Cabin, and Mocha Robot [1] - The Lingxi Smart Cabin is set to be implemented across all major models by Q1 2026, while over 35 models will feature Falcon Intelligent Driving in 2026, and hybrid models will achieve over 200 km of pure electric range [1] Group 2 - The event featured Chery's first AI employee, Mo Yin, who is a humanoid robot certified by the EU for both hardware and software, successfully deployed in over 30 countries [2] - Mo Yin has been utilized in more than 100 scenarios, including factory inspections and showroom services, contributing to Chery's new growth trajectory since its global delivery began in April 2025 [2] - The robot has participated in international events such as the GIIAS 2025 in Indonesia and the Dubai Asian Para Games, showcasing Chery's commitment to innovation and international presence [2]

Group 1 - New Chip Journey (新芯航途) was established on December 19, 2023, in Suzhou, focusing on integrated circuit chip design, particularly in the autonomous driving sector [1][2] - The company has a competitive advantage in the niche market due to its professional technical team and innovative R&D capabilities [1] - New Chip Journey has completed angel round financing in August 2025 and has optimized its equity structure through capital adjustments [2] Group 2 - The company has made investments in two enterprises and holds 35 trademark registrations and four administrative licenses, indicating a growing intellectual property portfolio [2] - The importance of chips as core components in the rapidly developing autonomous driving industry is increasing, positioning New Chip Journey to seize market opportunities [2] - The addition of shareholders like Chery Automobile (奇瑞汽车) will enhance the company's resource integration and R&D capabilities, facilitating faster growth in the autonomous driving chip sector [2][3]

Group 1 - Chery Automobile has recently become a shareholder in Xinxin Hangtu (Suzhou) Technology Co., Ltd., a company specializing in autonomous driving chip design [1] - The registered capital of Xinxin Hangtu has increased to 18.7169 million yuan [1] - Xinxin Hangtu was established in 2023 and its business scope includes integrated circuit chip design and services, as well as sales of integrated circuit chips and products [1]

Core Viewpoint - Chery Automobile is actively benchmarking against Tesla's FSD and Grok models to identify gaps and accelerate its development in AI and intelligent driving technologies [3]. Group 1: AI Strategy and Development - Chery has introduced a comprehensive AI strategy, showcasing core technologies such as the AI intelligent body "Xiao Qi," Falcon Intelligent Driving, Lingxi Intelligent Cabin, and Mocha Robot [3]. - The company claims to have entered the 2.0 (AI+) era, transitioning from a "technology Chery" to a "global AI technology company" [3]. - The "Falcon Intelligent Driving" series is set to evolve continuously, with plans to equip over 35 models with advanced intelligent driving capabilities by 2026 [3]. Group 2: Challenges in AI Integration - Chery's CEO identified three major challenges in the integration of AI with the automotive industry: safety, legal and ethical considerations, and quality management [4]. - Safety is the primary concern, as automobiles are products that carry life safety [4]. - Establishing an AI governance framework that aligns with human values is a critical issue that the industry must address [4]. - A new quality management logic must be developed to ensure the stability and traceability of AI systems throughout their lifecycle [4]. Group 3: Energy and Chip Development - The rapid growth of global computing power necessitates significant energy demands and new infrastructure in China [5]. - Chery has established a chip research institute and a green energy company to support AI development and energy supply [5]. - The company envisions a shift from pursuing mobility freedom to seeking computing and energy freedom, positioning automobiles as key players in shaping future civilization [5].

Core Viewpoint - Chery Automobile is transitioning from a focus on mobility freedom to pursuing computational and energy freedom, emphasizing the importance of AI in reshaping industries, particularly the automotive sector [1][2] Group 1: AI Strategy and Development - Chery is actively benchmarking against Tesla's FSD and Grok models to identify gaps and accelerate its AI capabilities [1] - The company showcased its full AI strategy at the 2026 AI Night, introducing key AI technologies such as the super AI entity "Xiao Qi," Falcon Intelligent Driving, Lingxi Smart Cabin, and Mocha Robot [1] - Chery's AI initiative has entered the 2.0 (AI+) era, aiming to evolve from a "technology Chery" to a "global AI technology company" [1] - The "Falcon Intelligent Driving" series is set to evolve and be equipped in over 35 models by 2026, promoting the widespread adoption of advanced intelligent driving [1] Group 2: Challenges in AI Integration - The integration of AI in the automotive industry faces three main challenges: safety verification, legal and ethical governance, and quality management for AI systems [2] - Ensuring the safety of AI in vehicles is paramount due to the life-critical nature of automotive products [2] - Establishing a governance framework that aligns with human values is a key industry challenge [2] - A new quality management logic must be developed to ensure the stability and traceability of AI systems throughout their lifecycle [2] Group 3: Energy and Computational Needs - The explosive growth of global computational power will lead to significant energy demands and new infrastructure needs in China [2] - Chery has established a chip research institute and a green energy company to support AI development and energy supply for computational needs [2] - The company envisions a future where the automotive industry plays a crucial role in shaping new forms of civilization, emphasizing the importance of technology benefiting the public and fostering a prosperous and equitable society [2]

Core Insights - Chery Automobile's AI Night event on January 17, 2026, highlighted the company's commitment to advancing its AI strategy, emphasizing a human-centered approach and three main directions for development [1] Group 1: AI Strategy - Chery's AI strategy is built on "one bottom line and three major directions," with the bottom line being a focus on human-centric design [1] - The three directions include focusing on the core business of smart vehicles to achieve product equality, centering on users to achieve emotional equality, and laying out a full value chain to achieve industrial equality [1] Group 2: Product Development - Chery plans to launch the Lingxi Smart Cabin in Q1 2026, and the Falcon 700 driving assistance system will be widely adopted across its models [1] - All hybrid models will have a pure electric range exceeding 200 kilometers [1] - Multiple AI-enabled models are set to be introduced, including the Fengyun T9L, Fengyun A9, iCAR V27, and the new QQ3, catering to various user needs from family cars to performance vehicles [1]

Group 1 - Hong Kong automotive stocks experienced a general increase, with BYD shares rising over 4%, Chery Automobile up 3%, and Xpeng Motors increasing by 2.8% [1] - Other notable gains included Li Auto, Great Wall Motors, Geely, NIO, and Seres, all rising close to 2% [1] - The latest stock prices and percentage changes for key companies are as follows: BYD at 99.650 (+4.13%), Chery at 30.660 (+3.02%), Xpeng at 82.600 (+2.80%), and others showing similar upward trends [2] Group 2 - The Ministry of Commerce announced progress in consultations regarding the EU-China electric vehicle case, agreeing to provide general guidance on price commitments for Chinese exporters of pure electric vehicles to the EU [2] - According to Cui Dongshu from the Passenger Car Association, initial implementation of the price commitment mechanism may lead to short-term fluctuations in sales as some manufacturers adjust pricing and product structure [2] - As manufacturers adapt to new rules, local production capacity is released, and product competitiveness improves, Chinese electric vehicle sales in the EU market are expected to gradually recover [3] - It is projected that from 2026 to 2028, Chinese electric vehicle exports to the EU will maintain an annual growth rate of around 20%, becoming a significant driver of global electric vehicle market growth [3]

Group 1 - The core viewpoint of the news is that Hong Kong automotive stocks have generally risen, with significant increases in companies like BYD, Chery, and XPeng, driven by positive developments in the EU-China electric vehicle negotiations [1] - The Ministry of Commerce announced progress in consultations regarding electric vehicles, agreeing to provide general guidance on price commitments for Chinese exporters of pure electric vehicles to the EU [1] - Industry expert Cui Dongshu indicated that initial implementation of the price commitment mechanism may lead to short-term fluctuations in sales for some automakers as they adjust pricing and product structure [1] Group 2 - As automakers adapt to new rules, local production capacity is expected to be released, and product competitiveness will improve, leading to a gradual recovery in the sales of Chinese electric vehicles in the EU market [1] - Cui Dongshu forecasts that from 2026 to 2028, exports of Chinese electric vehicles to the EU will maintain an annual growth rate of around 20%, becoming a significant driver of growth in the global electric vehicle market [1] - Specific stock performance includes BYD rising by 4.13%, Chery by 3.02%, XPeng by 2.80%, and others showing increases, indicating a positive market sentiment towards these companies [2]

Core Viewpoint - The automotive industry is entering a deep transformation phase towards electrification and intelligence by 2025, with a significant increase in IPO activities aimed at expanding into overseas markets [2][4]. Group 1: IPO Trends and Statistics - As of November 26, 2025, there were 97 companies listed on the A-share market, with expectations of over 100 listings and total financing exceeding 110 billion yuan for the year [2]. - Approximately 30% of these IPOs are from the automotive sector, including parts and electronic systems [2]. - More than 40 automotive companies from both A-shares and Hong Kong stocks are expected to be listed in 2025 [2]. Group 2: Major IPO Events - Three significant IPOs in 2025 include CATL, Chery Automobile, and Seres, which have set multiple market records and enhanced China's automotive global competitiveness [4]. - CATL's IPO raised approximately 35.3 billion HKD, with 90% of the funds allocated for projects in Hungary, aiming for a localized supply strategy in Europe [4]. - Chery Automobile raised about 9.145 billion HKD, with 35% of the funds dedicated to passenger vehicle R&D and 20% for overseas market expansion [5]. - Seres achieved the largest IPO in 2025, raising 14.016 billion HKD, with 70% of the funds focused on new energy vehicle technology R&D [5][6]. Group 3: Sector-Specific IPOs - The smart driving and lidar sectors saw significant IPO activity, with Pony.ai and WeRide both listing in Hong Kong, raising 7.7 billion HKD and becoming notable players in the autonomous driving field [10]. - Lidar companies like Hesai Technology and TuSimple also went public, contributing to the growth of smart driving technologies [11]. - The automotive parts sector is experiencing a surge in IPOs, with companies like Botai Carlink focusing on smart cockpit technology [11]. Group 4: Future Outlook - Several key companies have submitted IPO applications for 2026, indicating a continued trend of capital influx into the automotive sector [6][7]. - The overall IPO wave in 2025 reflects a deep collaboration between capital and industry, with a shift from reliance on imports to self-sufficiency in automotive components [12][13].