Core Insights - The 2026 Great Wall Cannon was officially launched at the Guangzhou Auto Show on November 21, with three versions: commercial, passenger, and off-road, priced between 99,800 to 188,800 yuan [1] - Since its launch in 2019, the Great Wall Cannon has achieved cumulative global sales of over 750,000 units, maintaining sales of over 10,000 units for 60 consecutive months, and is sold in over 60 countries [1][8] Commercial Version - The 2026 commercial Cannon offers two diesel power options: 2.4T with 9AT and 2.0T with 8AT, with upgrades in the gasoline version [6] - It features a high-strength trapezoidal frame and leaf spring combination, with a cargo box size of 1760*1520*540mm, and includes standard safety features like a roll bar and external rope hook [6] - The 2.4T model has a towing capacity of 3 tons, while the 2.0T model can tow 2.5 tons, and the body is made of galvanized steel that has undergone 1720 hours of corrosion testing [6] Passenger Version - The 2026 passenger Cannon is powered by a 2.4T engine paired with a 9AT transmission, with enhanced power parameters for the gasoline version [4] - It is equipped with the Coffee OS 3 smart cockpit, featuring a 10.25-inch full LCD instrument panel and a 14.6-inch central control screen, supporting multiple connectivity options [4] - The system has 16GB of memory and 128GB of storage, with a voice response time of 250 milliseconds and multi-command recognition capability [4] Off-Road Version - The 2026 off-road Cannon is equipped with a 2.4T diesel engine, delivering a maximum net power of 135kW and peak torque of 480N·m, with a 9AT transmission [2] - It features the BorgWarner 4A+MLOCK four-wheel drive system, standard mechanical differentials, and nine driving modes, along with a 9500-pound wireless T-MAX winch [2] - The vehicle includes off-road enhancements such as a water fording hose, metal bumpers, side steps, and a 3mm thick underbody armor [2] Strategic Direction - Great Wall Motors aims to meet diverse user needs with the 2026 Cannon series, focusing on upgrades in power systems and intelligent configurations [8] - The company plans to continue innovating in the pickup segment and expanding its global market presence [8]

Core Insights - The 2026 models of Great Wall Motors' Cannon series were officially launched at the Guangzhou Auto Show, showcasing significant upgrades and competitive pricing across different variants [1]. Pricing Summary - The official suggested retail price for the 2026 commercial Cannon ranges from 99,800 to 142,800 yuan - The official suggested retail price for the 2026 passenger Cannon ranges from 126,800 to 168,800 yuan - The official suggested retail price for the 2026 off-road Cannon ranges from 179,800 to 188,800 yuan [1]. Engine and Performance Enhancements - The 2026 off-road Cannon features a powerful 2.4T diesel engine with a maximum net power of 135 kW and peak torque of 480 N·m - The off-road variant is equipped with the BorgWarner 4A+MLOCK four-wheel drive system and comes standard with three mechanical differential locks to enhance off-road capabilities [1]. Technological Advancements - The 2026 passenger Cannon is powered by a 2.4T engine paired with a 9AT transmission, offering high power for various driving scenarios - It features the Coffee OS 3 intelligent cockpit, which is claimed to be the most advanced in its class [1]. Commercial Vehicle Features - The 2026 commercial Cannon offers a leading dual diesel power combination of 2.4T+9AT and 2.0T+8AT, with upgraded gasoline power options - The vehicle is built with a widened and thickened high-strength trapezoidal frame and a 3+2 large-size leaf spring combination, providing superior load-bearing capacity that leads its class [1].

Core Insights - The article provides a detailed overview of upcoming vehicle models from various manufacturers, including their specifications, market segments, and launch dates. Group 1: Manufacturer and Model Overview - Beijing Benz will launch the Mercedes-Benz C-Class on November 14, 2025, in the B NB segment with a price range of 338,300 to 384,100 CNY [12]. - Geely Auto is set to release the Geely Bin Yue L on November 15, 2025, in the AO SUV segment, priced at 97,800 CNY [20]. - Chery Auto will introduce the Chery Fengyun A9L on November 15, 2025, in the C NB segment, with prices ranging from 181,900 to 236,900 CNY [28]. - GAC Aion will launch the Aion i60 on November 16, 2025, in the A SUV segment, with prices between 109,800 and 135,800 CNY [36]. - NIO will release the NIO ES6 on November 17, 2025, in the B SUV segment, priced at 349,800 CNY [44]. Group 2: Technical Specifications - The Mercedes-Benz C-Class features a 2.0T engine with a power output of 125 kW and torque of 250 Nm [12]. - The Geely Bin Yue L is equipped with a 1.5T engine, producing 133 kW and 290 Nm of torque [20]. - The Chery Fengyun A9L offers a 1.5T plug-in hybrid engine with a total power output of 115 kW from the engine and 160 kW from the electric motor [28]. - The Aion i60 has a 1.5L range extender engine with a power output of 74 kW and an electric motor producing 180 kW [36]. - The NIO ES6 features a pure electric powertrain with a total output of 360 kW and torque of 700 Nm [44]. Group 3: Market Segmentation and Launch Dates - The article categorizes vehicles into various segments such as B NB, AO SUV, C NB, and A SUV, indicating a diverse range of offerings from manufacturers [2][4]. - The launch dates for these models are strategically planned between November 14 and November 21, 2025, showcasing a concentrated effort to capture market interest during this period [2][4][7].

Core Insights - The 2025 Guangzhou International Auto Show has commenced, featuring the launch of new models from WEY brand, including the new Gaoshan family, Blue Mountain, and Mocha Hi4 [1] - WEY brand, as a pioneer in Great Wall Motors' transition to electrification and premium offerings, has initiated a brand renewal plan focusing on value, image, experience, and service [1] - The new generation of the Coffee Pilot Master (CP Master) advanced driving assistance system, based on the VLA model, will debut in WEY vehicles [1] Sales Performance - WEY brand has achieved consistent monthly sales exceeding 10,000 units since the beginning of 2025, with cumulative sales surpassing 82,000 units from January to October, representing a 200% increase compared to the previous year [1] - The average transaction price (TP) of WEY vehicles has steadily increased since 2021, demonstrating the brand's competitive strength alongside global luxury brands [1] Technological Advancements - The CP Master system is designed to be a master-level travel companion, featuring four core values: 1. "Understanding" through natural human-vehicle interaction via voice control [2] 2. "Visibility" by predicting future road conditions based on current situations [2] 3. "Thinking" with the ability to make human-like driving decisions in complex scenarios [2] 4. "Trustworthiness" by transparently displaying the reasoning process behind driving decisions to users [2] - The introduction of the CP Master system reflects Great Wall's confidence in its technological capabilities and commitment to user safety [2]

Core Insights - The core theme of the event was the launch of the Ora 5, positioned as a "selected partner for young people," showcasing the brand's commitment to understanding and catering to the preferences of the younger generation [1][4]. Group 1: Product Launch and Promotions - The Ora brand announced an upgrade to the pre-sale benefits for the Ora 5, changing the offer from "1000 yuan for 3000 yuan" to "1000 yuan for 5000 yuan," along with additional incentives such as a maximum of 5000 yuan for trade-in subsidies and complimentary features like special paint and wheels [4][11]. - The promotional benefits will be available until the day of the Ora 5's official launch, ensuring that all pre-order customers can also enjoy these upgraded perks [4][11]. Group 2: Brand Engagement and Audience Interaction - The event featured a lively atmosphere with significant attendance from fans, media, and influencers, indicating strong interest and engagement with the Ora 5 [7][10]. - The brand's approach included interactive segments where product managers engaged with fans, showcasing real-life usage scenarios through videos from users, which highlighted the vehicle's versatility and appeal [14][23]. Group 3: Target Audience and Brand Philosophy - The brand manager articulated a shift in the brand's philosophy from being a "definer" to a "witness" and "companion" for young users, emphasizing that the Ora 5 is designed to be more than just a mode of transportation but a means of self-expression and lifestyle [11][26]. - The concept of "dual engagement" was introduced, reflecting the brand's understanding of the needs of Generation Z, who seek vehicles that resonate with their lifestyle and values [11][26]. Group 4: Product Features and Technology - The Ora 5 is equipped with advanced features such as the Coffee Pilot Ultra driver assistance system, which operates without relying on high-precision maps, making it suitable for various driving conditions [20][23]. - Safety features include a second-generation battery that exceeds national standards and a high-quality chassis developed by a team from BMW, ensuring reliability and performance [23].

Core Viewpoint - The automotive sector is experiencing a decline in stock prices, particularly among new energy vehicle manufacturers, following the release of disappointing third-quarter financial results. Analysts predict a shift in the industry landscape due to upcoming policy changes and market dynamics [1]. Group 1: Stock Performance - Xpeng Motors (09868) saw a decline of 4.34%, closing at 78.3 HKD [1] - Great Wall Motors (601633) dropped by 4.05%, ending at 14.47 HKD [1] - GAC Group (601238) fell by 2.76%, with a closing price of 3.17 HKD [1] - Li Auto (02015) decreased by 1.78%, closing at 68.8 HKD [1] Group 2: Financial Results and Market Expectations - The disappointing financial data from some new energy vehicle companies has triggered significant stock declines [1] - Despite the downturn, the fourth quarter is expected to maintain high growth in the new energy vehicle sector, although traditional fuel vehicles may regain some market share by 2026 due to the reintroduction of purchase taxes [1] Group 3: Analyst Insights - Analysts, including Guotai Junan's strategist Wu Lixian, anticipate a divergence in the automotive industry, suggesting that investors should focus on companies with strong growth momentum [1] - The expected 5% purchase tax in the coming year poses challenges for automotive companies but may also serve as a filtering mechanism, allowing more competitive firms to emerge [1] - Long-term impacts of policy changes may not necessarily be negative for leading companies in the sector [1]

Core Insights - The 2025 Guangzhou Auto Show has commenced, with Weipai's CEO Feng Fuzhi announcing the launch of the Weipai Renewal Plan, focusing on value, image, experience, and service to enhance the brand [1] - The Longhua VLA assisted driving model was officially unveiled, with Longhua's CTO Wu Huixiao announcing that the new generation of the assisted driving system, CP Master, will first be equipped in Weipai vehicles [1] - Weipai showcased three new models: the new Gaoshan family, the new Lanshan, and the new Mocha Hi4 during the auto show [1] - Official data indicates that Weipai's monthly sales have consistently exceeded 10,000 units since the beginning of 2025, with cumulative sales from January to October surpassing 82,000 units, representing a year-on-year growth of 200% [1] - From 2021 to the present, Weipai's transaction average price (TP) has steadily increased, maintaining a leading position in the market [1]

Group 1 - The 2025 Guangzhou International Auto Show has officially opened, featuring a speech by the CEO of Wei brand, Feng Fuzhi, who announced the launch of the Wei brand renewal plan focusing on value, image, experience, and service [1][3] - Great Wall Motors has officially released the VLA assisted driving model, with the new generation assisted driving system CP Master set to debut on the Wei brand [3] - Wei brand's new models, including the High Mountain family, Blue Mountain, and new Mocha Hi4, were showcased at the auto show, with sales figures indicating a significant increase, achieving over 82,000 units sold from January to October 2025, a year-on-year growth of 200% [3]

Group 1 - The core idea revolves around the integration of traditional culture into modern automotive design, exemplified by Wei Jianjun's exploration of Lingnan culture and its potential influence on Great Wall Motors' products [1] - Wei Jianjun, the chairman of Great Wall Motors, is actively engaging with younger generations to understand their preferences and incorporate elements like Guangdong embroidery into car interiors, reflecting a blend of tradition and innovation [1] - The initiative emphasizes a balance between long-term technological development and immediate consumer demands, showcasing Great Wall Motors' commitment to innovation while respecting cultural heritage [1]

Core Points - The passenger car sector experienced a decline of 1.48% on November 20, with Seres leading the drop [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Passenger Car Sector Performance - The closing prices and changes for key companies in the passenger car sector include: - Haima Automobile: 10.50, +1.45% - Great Wall Motors: 21.90, -0.32% - Changan Automobile: 12.04, -0.33% - BAIC Blue Valley: 7.68, -1.03% - BYD: 93.61, -1.64% - SAIC Group: 15.02, -1.83% - GAC Group: 7.78, -1.89% - Seres: 126.67, -2.51% [1] Capital Flow Analysis - The passenger car sector saw a net outflow of 1.585 billion yuan from institutional investors, while retail investors contributed a net inflow of 1.453 billion yuan [1] - The capital flow for specific companies indicates: - Great Wall Motors: Institutional net inflow of 7.4341 million yuan, retail net inflow of 5.4436 million yuan - GAC Group: Institutional net outflow of 32.0352 million yuan, retail net inflow of 5.4416 million yuan - SAIC Group: Institutional net outflow of 41.5678 million yuan, retail net inflow of 96.6030 million yuan - Changan Automobile: Institutional net outflow of 43.4795 million yuan, retail net inflow of 59.3332 million yuan - BAIC Blue Valley: Institutional net outflow of 68.5522 million yuan, retail net inflow of 47.5268 million yuan - Seres: Institutional net outflow of 634 million yuan, retail net inflow of 523 million yuan - BYD: Institutional net outflow of 69.47 million yuan, retail net inflow of 644.1 million yuan [2]