Core Insights - The company Xiaoma Zhixing (stock code: 02026) is currently involved in several significant events, focusing on strategic partnerships, index inclusion, and business progress [1] Group 1: Recent Events - MSCI announced on February 11, 2026, that Xiaoma Zhixing will be included in the MSCI China Index, with the adjustment taking effect after the market close on February 27, 2026 [2] Group 2: Business Progress - On February 6, 2026, Xiaoma Zhixing formed a strategic partnership with domestic GPU company Moore Threads to advance L4-level autonomous driving world model training and simulation, utilizing the MTT S5000 intelligent computing card and "Kuaguo" cluster for the first large-scale application of domestic AI computing power in critical areas [3] - On February 9, 2026, the first mass-produced Platinum 4X Robotaxi, a result of collaboration with Toyota China and GAC Toyota, officially rolled off the production line, marking the transition of the strategic partnership into large-scale production, with plans to deploy a fleet of over 1,000 vehicles in 2026 [3] - In early February 2026, Xiaoma Zhixing partnered with Aitebo to jointly build a fully autonomous driving service fleet, expanding into high-end market scenarios of "AI + mobility" [3] Group 3: Performance and Operations - On February 4, 2026, the company released a performance forecast for 2025, expecting an annual loss to narrow to between $69 million and $86 million, a significant reduction of 68.7% to 74.9% compared to 2024 [4] - In terms of business metrics, the gross margin for Q3 2025 increased to 18.4%, with the Robotaxi fleet size surpassing 1,159 vehicles, and the seventh-generation model achieving a positive unit economic model in Guangzhou, with a daily net income of 299 RMB, laying the groundwork for expanding the fleet to 3,000 vehicles in 2026 [4]
小马智行纳入MSCI中国指数，与丰田、广汽丰田合作Robotaxi量产下线