Core Points - NIO's special edition model, the L90 Black Knight, was officially launched at the 2025 Guangzhou Auto Show, with a purchase price of 306,800 yuan for the whole vehicle and 220,800 yuan for battery rental, limited to 999 units [1][6][5] - The vehicles are expected to be delivered starting in early December [1] Pricing and Sales - The L90 Black Knight is priced at 306,800 yuan for outright purchase and 220,800 yuan for battery rental [6][5] - A promotional offer includes a total of 110 million yuan in purchase subsidies available in November, with potential savings of up to 36,000 yuan on purchases and up to 13,000 yuan in tax reductions [31] Vehicle Features - The L90 Black Knight features a four-wheel drive powertrain, zero-gravity seats in the second row, electric running boards, and a full black design [35][19] - The vehicle is built on a 900V pure electric architecture, offering both two-wheel and four-wheel drive options, with a maximum power output of 340kW for the rear motor and 440kW for the four-wheel drive version [35] - It comes standard with an 85kWh battery pack, providing a CLTC range of 605km for the two-wheel drive and 570km for the four-wheel drive [35] Design and Specifications - The L90 Black Knight has a body size of 5145mm in length, 1998mm in width, and 1766mm in height, with a wheelbase of 3110mm, positioning it as a large SUV [35] - It includes a 240L front trunk, which is the largest in the Chinese market, featuring smart opening, electric closing, and height memory functions [21][35] Technology and Safety - The vehicle is equipped with advanced intelligent driving assistance features, achieving a user penetration rate of over 99.3% and has successfully mitigated risks over 220,000 times [27] - The L90 Black Knight includes an industry-first end-to-end AEB (Automatic Emergency Braking) system with a response angle of 240° [27]

Group 1 - Xiaomi Group has made personnel adjustments in its public relations department, with Xu Jieyun taking over as the new head while Wang Hua is reassigned to the Wuhan regional headquarters [4] - Miniso has launched the "IP Genius Youth Plan," offering annual salaries between 1 million to 10 million to attract top IP creators globally, aiming to enhance its original IP incubation [5] - Geely is integrating its intelligent driving teams, with the Zeekr team transitioning to a newly established joint venture focused on intelligent driving solutions [8] Group 2 - Xiaomi's intelligent driving team has grown to over 1,800 members, with significant investment in AI research, exceeding 7 billion in 2025 [8][9] - NIO's CEO Li Bin commented on the competitive landscape of the automotive industry, stating that the competition in smart electric vehicles is entering a critical phase [15] - Genspark has completed a $275 million Series B funding round, achieving a post-money valuation of $1.25 billion [21] Group 3 - The global market for OLED tablet panels is expected to grow by 39% year-on-year by 2026, reaching 15 million units, driven by strong demand [33] - The China Passenger Car Association forecasts that retail sales of narrow passenger vehicles in November will be around 2.25 million units, with new energy vehicles expected to reach 1.35 million units [33]

Market Overview - The three major indices collectively rose, with the Dow Jones showing the largest increase of approximately 1.1% [1] - As of the close, the Dow Jones index rose by 1.08% to 46,245.41 points, the S&P 500 index increased by 0.98% to 6,602.99 points, and the Nasdaq index climbed by 0.88% to 22,273.08 points [3] - Despite the Friday rebound, it was insufficient to offset the significant declines earlier in the week, with the Nasdaq down 2.74%, the S&P 500 down 1.95%, and the Dow down 1.91% for the week [5] Federal Reserve Insights - New York Fed President Williams indicated that monetary policy remains slightly tight, suggesting potential adjustments to the federal funds rate target range to align closer to neutral [5] - His dovish remarks signaled to investors that the Fed may consider a rate cut in the December meeting, with futures indicating over a 70% probability of a 25 basis point cut [7] Company News - Google aims to double its computing power every six months, targeting a 1000-fold increase in capacity over the next 4 to 5 years, emphasizing the importance of AI infrastructure in the competitive landscape [10] - Eli Lilly's market capitalization surpassed $1 trillion, making it the first pharmaceutical company to achieve this milestone, with its stock price rising by 1.57% [11][12] - Amazon CEO Jassy plans to sell nearly 20,000 shares of company stock, valued at approximately $4.2992 million, with the sale expected around November 21, 2025 [13] - Nokia announced a $4 billion investment to expand its R&D and manufacturing capabilities in the U.S., with approximately $3.5 billion allocated for R&D and $500 million for capital expenditures in states like Texas, New Jersey, and Pennsylvania [14]

这是受到斯特兰蒂斯集团支持的中国车企新推出的一款电动汽车，它在成人和儿童保护方面都获得令人 印象深刻的93%优异得分，并在安全辅助类别中获得85%的高分，被该协会授予五星安全评级（即最高 评级——编者注）。这批新测试的车还包括沃尔沃EX90，但其排名低于零跑B10，从中可以看出汽车安 全领域格局已发生巨变，中国车企取得了跨越式进步。 来源：环球时报 美国"电动汽车资讯"网11月20日文章，原题：目前欧洲市场上最安全的汽车是来自中国的电动汽车 副 题：特斯拉Model 3依然被评为在欧洲销售的最安全汽车，但它同样主要产自中国，紧随其后的大多为 中国本土品牌汽车 快速浏览欧洲新车安全评鉴协会排名，你将会得出一个可能令人震惊的结论：目前 在欧洲市场上出售的大多数最安全汽车都来自中国车企。该协会最近公布包括23款新车在内的新一批测 试结果，其中最安全的车型是一款来自中国的紧凑型SUV：零跑B10。 在欧洲新车安全评鉴协会2025年总排名中，主要在中国制造的特斯拉Model 3依然位居榜首，尽管其乘 员保护得分仅90%，但该车型在其他安全类别中表现出色。获得第二名的是蔚来萤火虫，该车高达96% 的乘员保护得分创下欧洲新 ...

Market Overview - The U.S. stock market experienced a significant rebound on November 21, 2025, with major indexes closing higher, recovering from earlier losses driven by optimism regarding potential interest rate cuts by the Federal Reserve [1][4] - The Dow Jones Industrial Average (DJI) rose 1.4%, adding 650 points, while the S&P 500 (SPX) gained 1.4%, closing at 6,590 points, and the Nasdaq Composite (IXIC) increased by 1.5% [2] Federal Reserve Influence - New York Federal Reserve President John Williams indicated support for a potential interest rate cut "in the near term," which shifted market expectations significantly, raising the likelihood of a rate cut at the December meeting to 73.1% from 39.1% [4] Corporate Performance - Nvidia (NVDA) reported a 62% year-over-year revenue increase to $57 billion, but its shares fell 3.2% on Thursday and 1.7% on Friday due to concerns over AI valuations [5] - Walmart (WMT) saw its stock decline by approximately 2% on Friday after a strong performance on Thursday, where it had jumped 6.5% following better-than-expected third-quarter results [6] - Retailers like Gap (GPS) and Ross Stores (ROST) had positive performances, with Gap surging 9.5% and Ross jumping 8.5% due to strong earnings [7] Notable Stock Movements - Alphabet (GOOGL) increased by over 3%, while Meta Platforms (META) added 1%. In contrast, Microsoft (MSFT) shares fell approximately 1%, and Oracle (ORCL) slid more than 4% [8] Upcoming Earnings and Economic Data - Several companies, including BJ's Wholesale Club Holdings (BJ) and IES Holdings (IESC), reported earnings after the market closed, with BJ's EPS at $1.16 against a forecast of $1.10 [9][10] - The upcoming week will feature key economic data releases, including the Producer Price Index (PPI) and Retail Sales for September, which were delayed due to a government shutdown [12]

Core Insights - The article highlights the launch of the "Ledo L90 Black Knight Special Edition" at the 2025 Guangzhou Auto Show, featuring a surprise appearance by actor Louis Koo and NIO founder Li Bin [1] - The vehicle is limited to 999 units, with a selling price of 306,800 yuan for the complete vehicle and 220,800 yuan for the battery rental option [1] Vehicle Features - The Ledo L90 Black Knight Special Edition includes several notable features such as zero-gravity seats in the second row, electric running boards, a dedicated Black Knight kit, and 21-inch multi-spoke black wheels [3] - The vehicle's design incorporates a family-style aesthetic with a split headlight and closed front face, measuring 5145mm in length, 1998mm in width, and 1766mm in height, with a wheelbase of 3110mm, positioning it as a large SUV [3] - The intelligent lighting system, referred to as "Starry Road Shining" smart interactive pixel headlights, supports five static light languages, four dynamic light languages, and two welcome light languages [3] Performance Specifications - The L90 Black Knight Edition is equipped with a dual-motor all-wheel-drive system, delivering a peak power of 440 kW (100 kW front / 340 kW rear) and a peak torque of 535 N·m [5] - The official data indicates that the vehicle can accelerate from 0 to 100 km/h in 4.7 seconds [5]

蔚来-SW 分时图 日K线 周K线 月K线 42.96 -2.18 -4.83% 6.25% 4.16% 2.08% 0.00% 2.08% 4.16% 6.25% 42.32 43.26 44.20 45.14 46.08 47.02 47.96 09:30 10:30 12:00/13:00 14:00 16:10 0 46万 92万 139万 2025广州车展李斌在群访中表示，换电网络除了提供更便捷的补能外，它还是电池安全、健康的运营支 撑体系。先天基因再好，如果后天不体检不锻炼也不行。在这件事情上，大家可以对蔚来(09866)保持 信心。核心原因就是我们的利益和用户的利益是一致的。 ...

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].

1.【何小鹏：小鹏汽车迎来第100万台整车下线】2025广州车展11月21日开幕。车展期间，小鹏汽 车董事长、CEO何小鹏发表演讲。何小鹏表示，小鹏X9超级增程版1小时打破小鹏X9历史全天大定 数，北方地区订单占比首次超过50%。何小鹏还谈到，2026年1月，小鹏P7+将正式在海外市场上 市。2026年，小鹏汽车将向海外推出3款新车型。何小鹏称，"从第1台到第50万台整车下线，小鹏 汽车用了82个月从第 50万到第100万台整车下线，小鹏汽车用了14个月。今天，小鹏汽车迎来第 100万台整车下线。"昨日，小鹏X9增程版发布，1602Max版上市价为30.98万元，1602Ultra版为 32.98万元。（新浪科技） 2.【股东代表回应广州国资接手恒大汽车】近日，恒大智能汽车（广东）有限公司、恒大新能源汽车 （广东）有限公司发生工商变更，原股东恒大新能源汽车投资控股集团有限公司退出，新增广州国资 旗下广州聚力现代产业发展有限公司为全资股东。对于广州国资接盘的消息，记者向广州聚力现代产 业发展有限公司的一个股东方代表求证，得到肯定回复。"先收回地块。"上述股东方代表说。对于下 一步广州聚力现代产业发展有限公司是否 ...

智通财经APP获悉，2025广州车展李斌在群访中表示，换电网络除了提供更便捷的补能外，它还是电池 安全、健康的运营支撑体系。先天基因再好，如果后天不体检不锻炼也不行。在这件事情上，大家可以 对蔚来(09866)保持信心。核心原因就是我们的利益和用户的利益是一致的。 ...