Core Viewpoint - The article discusses the recent leadership changes in XPeng Motors' autonomous driving division, highlighting the appointment of Xianming Liu as the new head of the autonomous driving center, and the strategic focus on AI large models for enhancing autonomous driving capabilities [5][7][9]. Group 1: Leadership Changes - On October 9, XPeng Motors announced that Li Liyun would no longer lead the autonomous driving center, with Xianming Liu taking over the role [5]. - Xianming Liu has a strong background in machine learning and computer vision, having previously worked at Facebook and Cruise, and joined XPeng in March 2024 [5][7]. - Li Liyun, who took over the autonomous driving team in August 2023, has a background in electronic engineering and computer science, and has been instrumental in the development of XPeng's intelligent driving solutions [8][9]. Group 2: Strategic Focus on AI - The autonomous driving VLA model is a significant application of the world base model, which aims to enhance the predictive capabilities of autonomous driving systems [7]. - XPeng has been developing a large-scale autonomous driving model with 72 billion parameters, marking a significant investment in AI technology [9][10]. - The company plans to invest 4.5 billion yuan in AI and autonomous driving by 2025, indicating a commitment to advancing its technological capabilities [10]. Group 3: Industry Context - The competition in the intelligent driving sector among Chinese automakers has intensified, with companies like Li Auto and NIO making significant advancements in their autonomous driving technologies [9][10]. - The article notes that 2023 has seen significant personnel changes in the intelligent driving teams across various Chinese automotive companies, reflecting a broader trend in the industry [10][11].

10月10日，2025吉利汽车用户大会暨2026款吉利星愿上市发布会在杭州举行。新车共推出6个版型，"起步即高配"，全面覆盖用户需求。新车全 系标配宁德时代电芯、11合1智能电驱、后置后驱、多连杆独立悬架、70L超大前备箱及银河Flyme Auto智能座舱系统。外观新增"香颂紫"与"可可 米"两款潮流车色，满足用户多元审美。同时，针对用户对长续航需求，全新推出的410KM自在版，有效缓解里程焦虑。 2026款吉利星愿上市限时权益价为6.58万元-9.58万元。同时为回馈用户支持，同步推出八重限时购车权益，包括焕新礼、宠粉礼、缤纷礼、选装礼、金 融礼、流量礼、质保礼、补能礼，进一步降低拥车门槛，提升用车体验。 "双星同框"联合共创 发布会现场，电影《星愿》女主角张柏芝，以吉利星愿全球代言人的身份亲临现场，同时任贤齐也惊喜亮相，实现26年来的"世纪同框"，二人共同为吉 利星愿STAR限定版揭幕。 gaonia ● 吉 利 星 愿 吉利星愿STAR限定版为了满足年轻用户追求运动感与个性化的需求，调配暗影灰、流光银两种配色，搭配律动红撞色车顶。曜石黑运动内饰配上红色 运动缝线和安全带，与256色星动氛围灯相得益彰。同 ...

图片来源：直播截图 北京商报讯（记者 刘晓梦）10月10日，2026款吉利星愿正式上市，该车型共推出6个版本，外观新增"香颂紫"与"可可米"两款颜色，上市限时权益价为6.58 万—9.58万元。 2026款吉利星愿全系标配宁德时代电芯、11合1智能电驱、后置后驱、多连杆独立悬架、70升超大前备箱。在智能座舱方面，2026款吉利星愿全系搭载银河 Flyme Auto智能座舱系统并升级到1.9版本，将于11月陆续推送。2026款吉利星愿还将全面接入星睿AI智算中心，NLP语音能力进一步升级。 此外，针对消费者对长续航的需求，2026款吉利星愿还推出了410公里自在版。 ...

Core Insights - The 2026 Geely Star Wish was launched at the Geely Automotive User Conference, featuring six variants with high standard configurations to meet diverse user needs [1][3] - The vehicle is equipped with advanced technologies including CATL battery cells, an 11-in-1 intelligent electric drive, and a large 70L front trunk, addressing user concerns about range anxiety with a new 410KM version [1][14] Pricing and User Benefits - The limited-time pricing for the 2026 Geely Star Wish ranges from 65,800 to 95,800 yuan, accompanied by eight promotional purchase benefits to enhance user experience and reduce ownership costs [3][19] Design and Customization - The Star Wish STAR limited edition features sporty design elements and customizable color options, appealing to younger consumers seeking individuality [5][8] - New color options "Chanson Purple" and "Cocoa Rice" were introduced to cater to diverse aesthetic preferences [1][8] Sales Performance - Since its launch last year, the Geely Star Wish has achieved remarkable sales, surpassing 50,000 units in September and accumulating over 400,000 units in total, establishing itself as a market phenomenon [7][19] Vehicle Specifications - The vehicle boasts a classic design with optimized dimensions for spaciousness, allowing comfortable seating for five adults and innovative storage solutions [10][12] - It features a rear-drive and independent suspension architecture, enhancing driving dynamics and safety [12][14] Advanced Technology - The Star Wish incorporates the industry's first 11-in-1 intelligent electric drive, achieving a leading efficiency of 89.2% and a compact size of 66L [14] - The battery system supports rapid charging, reaching 30%-80% in just 21 minutes, and has undergone rigorous testing to ensure reliability [14][17] Safety Features - The vehicle is designed with comprehensive safety measures, including a unique aluminum battery protection structure and advanced side impact protection [17] - Interior materials are selected for low odor and environmental safety, ensuring passenger health [17] Intelligent Experience - The vehicle is equipped with the upgraded Galaxy Flyme Auto intelligent cockpit system, enhancing user interaction and experience [19] - Geely aims to redefine the electric vehicle market with its "Smart Geely 2025 Strategy," focusing on affordable and high-quality vehicles [19]

Investment Rating - The investment rating for Geely Automobile is "Buy" and is maintained [6]. Core Viewpoints - The official launch of Geely's Zeekr 9X on September 29, 2025, redefines the domestic luxury flagship SUV segment, with four models priced between 455,900 to 589,900 yuan, showing a price reduction of approximately 20,000 yuan from the pre-sale price. The vehicle achieved over 10,000 pre-orders within 13 minutes of its launch [2][4]. - The company is progressing smoothly in its transition to new energy vehicles, with scale effects expected to enhance profitability. The solid foundation of fuel vehicles and innovative overseas expansion strategies are opening new markets [2][7]. - Geely's intelligent driving strategy is set to accelerate, enhancing its smart driving capabilities. The new vehicle cycle is expected to bring significant profit elasticity [2][7]. Summary by Sections Event Description - The Zeekr 9X is positioned as a large SUV, featuring luxurious configurations such as a 32-speaker Naim sound system, dual zero-gravity rear seats, and a 47-inch AR-HUD display. It is powered by a 2.0T hybrid system, achieving 0-100 km/h in just 3.1 seconds, with a range exceeding 1200 km [4][7]. Market Strategy - Geely is focusing on electric and intelligent vehicle development, with plans to launch 10 new energy models in 2025, including five new models and several facelifts under the Geely brand. The Zeekr brand will also introduce new models, enhancing the overall product lineup [7]. Financial Outlook - The company is expected to achieve a net profit of 16.1 billion yuan in 2025, with a price-to-earnings ratio of 11X, indicating strong profitability potential in the new vehicle cycle [7].

10月10日，极氪科技集团首席商务官（CBO）关海涛于微信朋友圈发文确认离职消息，表示"即将结束 杭漂"。 关海涛在朋友圈中表示，"能经历极氪高速发展、登顶、IPO，再到极氪科技成立、回归吉利，也是职 场生涯中最珍贵的荣幸""感谢所有一起奋斗的战友、朋友，感恩这个时代，日子绵长，情谊不散。青山 绿水，江湖再见！" 另有截图显示，吉利控股高级副总裁杨学良在上述朋友圈下评论称，"感谢海涛为极氪发展做出的突出 贡献，很高兴与你共事，怀念一起战斗的日子，祝未来一切都好，常回来看看！" 此前已有消息指出，极氪科技原CBO关海涛或因个人家庭原因，从极氪离职。据新黄河报道，10日， 接近极氪内部的相关人士表示该消息属实，目前已开始工作交接。值得一提的是，截至目前，关海涛的 微博名称已从"极氪关海涛"变更为"关海涛Thomas"，最后一次更新停留在今年8月。 10月10日，南都·湾财社记者致电关海涛本人电话对其网传离职原因等消息进行求证，对方表示"正在开 会"，未正面回应。记者遂就离职原因与未来规划等问题通过短信发送至关海涛，但截至发稿前亦未获 其回复。湾财社记者另从知情人士处获悉，目前关海涛的企业微信仍为在职状态。 公开资 ...

Core Viewpoint - Chery Automobile is in talks with Renault to establish manufacturing and sales cooperation in South America, focusing on Colombia and Argentina, to expand their business in the region [1][2] Group 1: Partnership Details - Chery plans to utilize Renault's factory in Envigado, Colombia, to produce fuel vehicles, with most vehicles branded as Renault and a few under Chery's brand [1] - In Argentina, Chery is considering investing in a hybrid pickup production line at Renault's Córdoba factory, with Renault handling distribution [1][3] - The partnership aims for Chery to provide products and technology while Renault offers factory facilities and sales channels [1] Group 2: Market Context - The domestic automotive market in China is slowing down, prompting Chinese automakers to accelerate their globalization efforts, with South America being a key target due to its market potential and lack of electric vehicle presence [1][2] - Chery's overseas sales reached 1.145 million units in 2024, a 21.4% increase year-on-year, making it the top exporter among Chinese brands [2] Group 3: Competitive Landscape - Renault is a significant player in the South American market, with established factories in Colombia and Argentina, including a production capacity of approximately 100,000 vehicles per year in Colombia [2][4] - Chery's sales in Latin America grew by 42% last year, primarily in Mexico and Chile, indicating potential for further market penetration through the new partnership [2] Group 4: Strategic Implications - Collaborating with Renault allows Chery to operate with a light asset model, reducing the time and cost of entering the South American market [2] - Renault's partnership with Chery is expected to enhance its product line and reduce costs, aiding its transition to electric vehicles in a rapidly growing market [3][4]

Group 1 - The core viewpoint of the news is the confirmation of the departure of Guan Haitao, the Chief Business Officer (CBO) of Zeekr Technology, following the company's merger with Geely Auto, which will lead to Zeekr becoming a wholly-owned subsidiary of Geely and delisting from the New York Stock Exchange [2][3] - Guan Haitao previously held significant positions at Honor and joined Zeekr in September 2023, later becoming CBO in February 2025 [2] - The merger agreement was approved with 94.2% of shareholder votes, indicating strong support for the strategic direction of the company [2] Group 2 - Zeekr Technology aims to become a global leader in high-end luxury electric vehicles, leveraging Geely's strengths in performance, intelligence, and globalization [3] - Post-merger, Geely will cover mainstream, mid-to-high-end, and luxury segments, creating a diverse power system that includes fuel, pure electric, plug-in hybrid, and hydrogen electric vehicles [3] - In September 2023, Zeekr and Lynk & Co brands delivered a total of 51,159 vehicles, marking an 8.5% year-on-year increase and a 14.1% month-on-month increase, with Zeekr delivering 18,257 vehicles and Lynk & Co delivering 32,902 vehicles [3]

Core Insights - Traditional automakers have shown strong performance in September, with all but BYD reporting sales growth, driven by advancements in new energy vehicles and overseas markets [2][3] - SAIC Motor regained the top position in sales, followed by BYD, with Chery surpassing Geely to take the fourth spot [2][3] Sales Performance - SAIC Motor achieved a wholesale sales figure of 440,000 units in September, marking a 40.4% year-on-year increase and a 21% month-on-month increase, leading the industry [4][5] - BYD's sales in September were 396,000 units, down 5.5% year-on-year, primarily due to a decline in plug-in hybrid vehicle sales [4][5] - China FAW sold 302,000 units in September, up 6.3% year-on-year, with significant growth in its self-owned and new energy vehicle segments [6] - Chery sold 280,000 units in September, a 14.7% increase, with new energy vehicle sales rising by 55.4% [6][7] - Geely's September sales reached 273,000 units, a 35% increase, with new energy vehicle sales hitting a record high of 165,000 units, up 81% [7][8] Cumulative Sales - For the first nine months, SAIC Motor's cumulative sales were 3.193 million units, a 20.5% increase, while BYD's cumulative sales were 3.26 million units, an 18.6% increase [5][8] - China FAW's cumulative sales reached 2.383 million units, up 5.6%, with significant growth in its self-owned brands [6] - Chery's cumulative sales were 2.008 million units, a 14.5% increase, with new energy vehicle sales contributing significantly [9] Strategic Developments - Geely announced a share repurchase plan of up to HKD 2.3 billion, reflecting confidence in its long-term prospects [8][9] - Chery plans to launch 39 hybrid models globally by 2025, aiming to enhance its presence in the hybrid vehicle market [9] - Long-term strategies for companies like Great Wall Motors focus on sustainable development and enhancing product offerings in smart new energy vehicles [11]

Group 1 - The sales completion rates of various new energy vehicle manufacturers in the first three quarters of 2025 show significant disparities, indicating differing levels of success among companies [1][3] - Xiaopeng Motors leads with a completion rate of 89.5%, achieving cumulative sales of 313,000 units, exceeding its annual target of 350,000 units due to its strategic focus on product differentiation and advancements in smart driving [1][3] - Leap Motor follows with a completion rate of 79.1%, having sold 396,000 units, and is expected to meet its annual target of 500,000 units [1][3] Group 2 - Xiaomi ranks third with a completion rate of 71.4% and cumulative sales exceeding 250,000 units, but faces challenges in production capacity and supply chain management [3] - NIO's completion rate is only 45.7%, with cumulative sales falling short of expectations, despite the positive market response to its new models [3][5] - Other brands like Li Auto and Zeekr also show low completion rates, indicating challenges such as long product iteration cycles and heightened market competition [3][5] Group 3 - BYD has sold over 3.26 million units in the first nine months of 2025, achieving a completion rate of approximately 70.87%, and is expected to see further sales growth in the fourth quarter [5][7] - The upcoming peak sales period in the fourth quarter is critical for companies to meet their annual targets, with established players like BYD and Geely likely to exert pressure on new entrants [5][7] - The focus of competition is shifting from sales volume to comprehensive capabilities, technological strength, and global positioning, emphasizing the need for long-term strategies over short-term gains [9]