Group 1 - Xiaomi Auto Technology Co., Ltd. has initiated a recall of 116,887 units of the SU7 standard electric vehicle due to insufficient recognition, warning, or handling of extreme scenarios in L2 highway navigation assistance, which may increase collision risks if the driver does not intervene in time [1] - This is the second large-scale recall since the establishment of Xiaomi Auto, with the first recall in January 2025 involving over 30,000 SU7 models due to misjudgment risks in the automatic parking function [1] - The cumulative recall of the SU7 standard version has approached 150,000 units, covering a significant proportion of the total sales since its launch [1] Group 2 - The current recall is characterized by an OTA upgrade to optimize the driving assistance algorithm for free, rather than physical repairs, reflecting a shift in how recalls are perceived in the industry [2] - The use of the term "recall" by Xiaomi Auto indicates a commitment to corporate social responsibility, while also highlighting the regulatory scrutiny faced by new car manufacturers regarding OTA practices [2] - The recall stems from issues related to driving assistance technology, which has seen rapid development, but the maturity of the technology remains a critical concern amid stringent new regulations targeting disorder in the industry [2] Group 3 - The automotive industry is undergoing a correction of chaotic competition, with various measures being implemented to ensure high-quality development, which is seen as a long-term battle [3] - Companies like Tesla and others in the smart driving sector will face compliance challenges as the industry transitions from chaotic growth to a new era focused on safety and responsibility [3] - The development of intelligent connected vehicles is crucial for fostering new productive forces and driving industrial upgrades, emphasizing the importance of safety in this transition [3]

9月19日，国家市场监督管理总局官网显示，小米汽车科技有限公司向国家市场监督管理总局备案了召 回计划。召回公告中显示，本次召回范围内部分车辆在L2高速领航辅助驾驶功能开启的某些情况下， 对极端特殊场景的识别、预警或处置可能不足，若驾驶员不及时干预可能会增加碰撞风险，存在安全隐 患。 小米汽车回应，将通过汽车远程升级（OTA）技术为召回范围内的标准版SU7免费升级至Xiaomi HyperOS 1.10.0，完成本次OTA召回升级。 此消息一出，便迅速冲上热搜，引发网友热烈讨论。有网友直言："宁愿智驾晚来一点，也不要带着缺 陷早来一点。"还有网友提出疑问："车辆上市前的安全测试没有做到位吗？"不过，也有网友对小米的 应对持肯定态度，认为"小米汽车此举敢于直面问题，希望小米能吸取教训，进一步加强产品安全性 能"。 目前已有车主完成车机升级，车主张先生表示："车机升级很方便，仅用20多分钟就完成了版本更 新。"谈及召回公告中提及的车辆安全隐患，张先生告诉记者："在今年3月三名高校学生因交通事故遇 难后，自己对辅助驾驶的使用变得更加谨慎，极大减少了对辅助驾驶功能的使用。希望此次升级后，辅 助驾驶的安全性可以得到切实保 ...

Core Viewpoint - Xiaomi has initiated a recall of over 116,900 units of its SU7 standard version electric vehicles due to potential safety risks associated with the L2 highway navigation assistance feature [2][4]. Group 1: Recall Details - The recall affects specific models produced between February 6, 2024, and August 30, 2025, including 98,462 units of XMA7000MBEVR2 and XMA7000MBEVR5, and 18,425 units of BJ7000MBEVR2 [4]. - The recall is classified as a software OTA (Over-The-Air) update, requiring users to upgrade their systems to address the identified safety issues [4][6]. - The safety concern arises from the vehicle's insufficient recognition, warning, or handling of extreme scenarios while the L2 feature is active, which could increase the risk of collisions if the driver does not intervene promptly [4][6]. Group 2: Software Upgrade and Features - Xiaomi will provide a free software upgrade via OTA to eliminate the safety risks for the recalled vehicles, with notifications sent to affected owners through SMS and mobile apps [4][6]. - The OTA upgrade enhances the performance of the SU7's driving assistance features, including improvements in highway navigation and the introduction of a "dynamic speed" function that adjusts the target speed based on environmental conditions [6]. Group 3: Sales Performance - The Xiaomi SU7, launched in March 2024, has seen significant sales, with over 300,000 units delivered by July 2024, achieving delivery milestones of 100,000 units in just over 7 months and 200,000 units in 4 months [9]. - In the second quarter, revenue from Xiaomi's smart electric vehicle and AI innovation segment increased by 233.9% year-on-year to 21.3 billion yuan, with core automotive business revenue rising by 230.3% to 20.6 billion yuan, driven by increased delivery volumes and average selling prices [9].

Core Viewpoint - The company, Keli Equipment (301552.SZ), is actively involved as a secondary supplier for Xiaomi's automotive projects, showcasing its unique anti-VOC pollution light-absorbing coating technology, which addresses significant industry challenges in the automotive sector [1] Group 1: Company Developments - Keli Equipment has successfully mass-produced products for Xiaomi, including the Xiaomi YU7 model, while transitioning to the Xiaomi SU7 [1] - The company is also securing new projects with major automotive manufacturers such as Volkswagen, Geely, and Chery [1] Group 2: Industry Impact - The anti-VOC pollution light-absorbing coating technology developed by the company is recognized as a leading solution in the industry, effectively tackling the VOC pollution issues in the area of automotive auxiliary driving cameras [1] - As the penetration rate of new energy vehicles increases, the company's new technology in the auxiliary driving field is expected to gain further adoption [1]

人民财讯9月19日电，小米汽车就"为什么要进行小米SU7标准版的OTA召回，软件升级了什么"等问题 回答称，将通过汽车远程升级（OTA）技术，为召回范围内的标准版小米SU7车辆免费升级软件，如果 车辆在本次召回范围内，只需将车机版本升级至Xiaomi HyperOS 1.10.0，即可完成本次OTA召回升级， 本次OTA软件召回升级，意在进一步提升辅助驾驶功能的可靠性，包括优化辅助驾驶速度控制策略，新 增动态车速功能等，使得高速领航辅助功能通行更连贯。 ...

每经AI快讯，9月19日，小米汽车发布答网友问(第191集)。内容显示，本次OTA软件升级召回，意在进 一步提升辅助驾驶功能的可靠性，包括优化辅助驾驶速度控制策略，新增动态车速功能等，使得高速领 航辅助功能通行更连贯。虽然本次升级不需要物理更换任何零件，但我们仍按照召回的程序进行管理和 备案。本次OTA软件升级召回，仅针对2025年8月30号前生产的部分小米SU7标准版车型，并不涉及其 他版本的小米SU7。 ...

格隆汇9月19日｜比亚迪汽车：比亚迪天神之眼车型累销超140万辆，8月辅助驾驶车型销售263721辆， 辅助驾驶车型国内占比90%，每天辅助驾驶数据生成超8700万公里。 ...

Core Viewpoint - In the first half of 2025, while many self-developed model companies in the A-share market faced losses, Yanshan Technology reported a profit of 67.11 million yuan, a year-on-year increase of 81.51%, despite a revenue decline of 6.38% to 317 million yuan, raising questions about the sustainability of its high market valuation of 50 billion yuan [1][2]. Revenue and Profit Analysis - Yanshan Technology's revenue for the first half of 2025 was 317 million yuan, down 6.38% year-on-year, while net profit was 67.11 million yuan, up 81.51% year-on-year [2]. - The company's revenue heavily relies on traditional internet value-added services, with 94.58% coming from this segment, while AI-related business revenue plummeted by 72.3% to 9.52 million yuan, resulting in a negative gross margin of -12.95% [2][10]. - The overall gross margin for the company was 27.43%, a decline of nearly 20 percentage points compared to the same period last year [2]. AI Business Performance - Yanshan Technology's AI initiatives, including smart driving and brain-computer interface projects, have not generated significant revenue and are described as "loss-making black holes" [2]. - The subsidiary Nullmax reported a revenue of 9.52 million yuan and a loss of 86.99 million yuan in the first half of 2025, compared to 34.38 million yuan in revenue and 27.96 million yuan in losses in the same period last year [3][4]. - The Yan architecture model, launched by Yanshan Technology, is still in its early stages, with revenue of 2.426 million yuan and a loss of 40.95 million yuan reported in 2024 [5]. Investment Gains - The significant increase in net profit is attributed to investment gains, specifically from stock trading, which contributed 120 million yuan in fair value changes, a turnaround from a loss of 4.7 million yuan in the previous year [6][7]. - The primary source of this investment gain was the substantial increase in the stock price of Innovation Medical, which rose 79% from 7.96 yuan to 14.25 yuan per share, generating over 100 million yuan in "floating profit" for the company [7]. Financial Structure and Market Valuation - As of mid-2025, Yanshan Technology's total assets reached 10.587 billion yuan, with trading financial assets exceeding 5.676 billion yuan, accounting for over 50% of total assets [10]. - Despite a strong cash position, the company has not issued dividends in 2024 or mid-2025, contrasting with many other A-share companies [10]. - Yanshan Technology's R&D expenditure of 170 million yuan is significantly lower than its peers, with companies like iFlytek spending 2.07 billion yuan, indicating a potential mismatch between its high market valuation and R&D investment [11][12]. Market Perception and Future Outlook - The high market valuation of Yanshan Technology is perceived as a result of its "AI concept" rather than solid fundamentals, raising concerns about the sustainability of its valuation if it cannot achieve breakthroughs in AI business [12]. - Analysts suggest that the reliance on investment income for profitability poses risks, as market fluctuations could lead to significant declines in both performance and valuation [12].

Core Insights - The auxiliary driving industry in Shanghai is experiencing rapid growth, driven by supportive policies, capital investment, and technological advancements [2][3][4] Policy and Development - Shanghai's government has implemented various policies to support the auxiliary driving industry, including the 2022 plan aiming for a 500 billion yuan industry scale by 2025 and the issuance of road testing licenses for unmanned vehicles [2][3] - By 2027, Shanghai aims to achieve 6 million passenger trips using L4 autonomous driving, establishing itself as a global leader in this sector [2] Industry Strengths - Shanghai has a robust industrial chain, with significant promotion of new energy vehicles, totaling 278,300 units in 2024 and 1.645 million units cumulatively, leading globally [3] - The city has built 913,000 charging stations and 225 battery swap stations, with a vehicle-to-charging station ratio of approximately 1.8:1 [3] Capital Investment - From 2019 to 2024, there were 220 investment events in China's autonomous driving sector, with 52 occurring in Shanghai, indicating strong investor confidence [3] Application Scenarios - Shanghai is rich in application scenarios for auxiliary driving, including smart port heavy trucks, unmanned sanitation vehicles, and sightseeing buses, positioning it as a strong contender for becoming the "Robotaxi capital" [5][6] - The city has already issued operational licenses for Robotaxi services, marking a significant milestone in the industry [5] Commercial Development - The commercial auxiliary driving sector in Shanghai is more mature, with companies like XianTu Intelligent Technology and Youdao Zhitu leading in the development of unmanned sanitation vehicles and logistics trucks [8][9] - The market for unmanned commercial vehicles in China is projected to grow from 108.8 billion yuan in 2023 to 1.4492 trillion yuan by 2028, with a compound annual growth rate of 67.8% [9]

北京商报讯（记者 刘晓梦）9月17日，吉利银河M9正式上市，共推出6款配置车型，叠加限时超级置换 金1万元权益后，上市限时指导价为17.38万—23.88万元。 此外，吉利银河M9搭载千里浩瀚辅助驾驶H5方案，星睿智算中心2.0，配合11颗高清摄像头、3颗毫米 波雷达、1颗激光雷达、12颗超声波雷达的硬件，实现车位到车位的城市无图NOA。 据了解，吉利银河M9车长宽高分别为5205毫米×1999毫米×1800毫米，轴距超3米，储物空间达359升。 同时，吉利银河M9搭载新一代雷神EM-P AI电混系统，配备分布式三电机，实现4.5秒的零百加速。同 时，吉利银河M9电混专用发动机，热效率达到47.26%。在续航里程上，吉利银河M9的CLTC综合续航 超1500公里。 ...