据IT之家了解，特斯拉 FSD（全自动驾驶）功能自 2016 年推出以来，经历了多次迭代升级，从最初的 Autopilot 辅助驾驶功能逐步发展为更高级的智能驾驶系统。 2025 年 2 月，特斯拉在中国市场开始分批推送 FSD 智能辅助驾驶功能，软件版本为 2024.45.32.12，该 功能仍属于 L2 级辅助驾驶，需驾驶员监督。 同年 6 月，马斯克曾呼吁欧洲监管机构尽快批准 FSD 技术落地，称延迟审批"令人非常沮丧"甚至"危及 人们的安全"。 马斯克此前在财报电话会议上表示，特斯拉只有在需求量非常大的情况下才会考虑 FSD 授权，并强调 FSD 的安全水准必须远高于普通人类驾驶员。 ...

Core Insights - The Chongqing smart connected new energy vehicle market is gaining significant attention as companies report impressive sales figures for 2025, indicating a strong growth trajectory in the industry [1][2][3] Group 1: Company Performance - Changan Automobile reported a total sales volume of 2.913 million units in 2025, marking an 8.5% year-on-year increase, achieving the highest sales in nearly nine years [1] - Seres announced a total sales volume of 472,269 units for the year, reflecting a 10.63% year-on-year growth [1] - The AITO brand, under Seres, delivered over 420,000 vehicles in 2025, leading the high-end new energy vehicle market [1][3] Group 2: Technological Advancements - Changan has made significant technological strides with its self-developed "Golden Shield" battery and the industry’s first multi-in-one electric drive technology, which have entered mass production [4] - The company has also launched the "Tianshu Intelligent" brand, leveraging its technological advantages to enhance market competitiveness [4] - Seres is focusing on a "software-defined vehicle" approach, introducing several industry-leading technologies to strengthen its market position [4] Group 3: Global Expansion - Changan's overseas sales reached 637,000 units in 2025, up 18.9% year-on-year, with plans to establish 20 factories in countries like Brazil and Indonesia [6] - Seres successfully listed on the Hong Kong Stock Exchange, becoming the first luxury new energy vehicle company to achieve an "A+H" listing, facilitating global resource integration and technological collaboration [6] Group 4: Autonomous Driving Development - Chongqing has introduced L3-level autonomous driving vehicles, with Changan receiving the first official license plate for such vehicles in China [8][9] - The city’s complex geographical environment serves as a testing ground for autonomous driving technologies, enhancing their development and validation [10] Group 5: Industry Ecosystem - Chongqing has developed a robust automotive industry ecosystem, led by Changan, Seres, and Qianli Technology, with over a thousand supporting parts manufacturers [11] - The region has established a cluster advantage in software and system capabilities necessary for intelligent driving, with numerous digital workshops and smart factories [12] Group 6: Green Initiatives - In 2025, Chongqing produced nearly 1.3 million new energy vehicles, supported by intelligent manufacturing and carbon reduction initiatives [12] - Financial innovations, such as the establishment of a 1 billion yuan fund, are driving the green transformation of the new energy vehicle industry [14]

Group 1 - The smart driving sector has been active since 2026, driven by favorable policies, technology advancements, and cost reductions, despite a recent pullback on January 13, 2026 [1][6] - The smart driving ETF (516520) has seen a net inflow of 542 million yuan over the past seven trading days, reaching a total fund size of 1.24 billion yuan and 898 million shares [1][6] - The L3-level autonomous driving regulations are gradually being implemented, hardware costs are decreasing, and the commercialization of Robotaxi is progressing, contributing to the growth of the sector [1][6] Group 2 - NVIDIA's release of the open-source AI model Alpamayo at CES 2026 aims to enhance decision-making capabilities in complex scenarios for autonomous driving systems, potentially lowering R&D costs for L4-level technologies [1][2][7] - The Alpamayo model reflects NVIDIA's "soft and hard integration" strategy, which enhances the value of solutions and promotes hardware iteration [2][7] - The smart driving ETF closely tracks the CSI Smart Car Theme Index, which includes companies involved in terminal perception and platform applications, with significant representation from automotive parts (24.0%), semiconductors (19.6%), and passenger vehicles (14.4%) [3][8] Group 3 - The fund manager of the smart driving ETF, Huatai-PB Fund, is one of the first ETF managers in China, having launched the largest ETF in the A-share market, the Huatai-PB CSI 300 ETF, which has a current size of 434.2 billion yuan [3][8] - The Huatai-PB CSI 300 ETF will implement a cash dividend of 1.23 yuan per 10 fund shares, with a total dividend amount expected to approach 11 billion yuan, potentially setting a record for single dividends in domestic ETFs [4][9]

Group 1 - The core product of Jishi Automotive, the rugged SUV model Jishi ADAMAS, was officially launched in China on December 28, 2025, after its initial release in five Middle Eastern countries, with a monthly order exceeding 2,000 units and an overseas price of over $80,000 [1] - Jishi ADAMAS features L2+ level intelligent driving capabilities, marking a shift in the competitive landscape of high-end off-road vehicles from purely mechanical performance to comprehensive intelligent experiences [1] - The partnership with Qingzhou Zhihang, a leading Chinese provider of assisted driving solutions, allows Jishi Automotive to leverage proven technology and reduce R&D costs for overseas models [6] Group 2 - Jishi Automotive has adopted an overseas-first strategy over the past two years, successfully entering over 40 countries and achieving steady sales growth for 12 consecutive months, with December sales reaching 2,528 units and annual deliveries surpassing 15,000, nearly tripling from the previous year [3] - Qingzhou Zhihang's assisted driving products have been installed in nearly one million vehicles, maintaining a leading market share in China's passenger car NOA market, showcasing the reliability and adaptability of its technology [3] - The collaboration between Jishi Automotive and Qingzhou Zhihang is a win-win strategy, enhancing Jishi's product competitiveness while allowing Qingzhou to expand its technology solutions globally, potentially becoming a model for the Chinese smart automotive industry's collaborative expansion [7]

有人说这是中国智能驾驶从跟跑到并跑的标志性动作，也有人疑惑，一个听起来玄乎的"模型"，真能改写行业规则？ 2026年拉斯维加斯CES展的喧嚣刚散，汽车圈的讨论热度却没降——所有人都在琢磨一个问题，吉利的WAM世界行为模型，到底能给智能驾驶赛道带来 多少改变？ 但我说，吉利这次的CES答卷，不仅够分量，更可能重塑未来5年的智能汽车竞争格局。 智能车的"智障时刻"，谁没被坑过？ 聊WAM之前，先唠唠那些开车时能把人逼疯的智能bug，这绝对是所有车主的共同槽点。 下雨天路面湿滑，轮胎都轻微打滑了，底盘系统都懂事地介入减速了，结果智驾系统跟个愣头青似的，还傻乎乎保持原跟车距离，吓得你赶紧一脚刹车手 动接管。 冬天冻得缩脖子，说一句"我有点冷"，车机像个没感情的执行器，只会机械把空调调到24℃，座椅加热、方向盘加热？对不起，它没这根筋。跑高速开俩 小时，眼睛都快睁不开了，智驾明明检测到你疲劳驾驶，座舱却跟没事人一样，主打一个"我聋我瞎"。 这不是某一个品牌的问题，而是整个行业的通病。 说白了，现在很多所谓的智能汽车，就是把智驾、座舱、底盘、动力这些系统简单拼在一起，各自为政像个"信息孤岛"。 就好比一个团队里销售、运营 ...

新京报讯(记者姜慧梓)在1月14日举行的国新办新闻发布会上，海关总署公布数据，2025年，我国智能 机器人在海外大显身手，搬运机器人、焊接机器人出口增速均达到6成以上。 海关总署副署长王军表示，世界贸易组织有关报告认为，去年上半年全球人工智能相关产品贸易增长约 2成，以六分之一的贸易比重贡献了超过4成的全球贸易增量。按照报告的产品口径初步测算，2025年我 国人工智能相关产品贸易趋势与全球基本同步，呈现出蓬勃发展的态势。 "我国的智能机器人不仅会跳舞、跑马拉松、打太极拳，同时也是高效生产的'代名词'。"王军表示，搬 运机器人搭载了视觉系统和算法，可以智能避开障碍物；焊接机器人能够自动扫描建模，计算最优的焊 接方案。这两种机器人在海外基建、交通等大型项目建设中大显身手，去年出口增速都在6成以上。智 能手表、智能玩具等智能穿戴设备去年畅销170多个国家和地区，受到欢迎。 此外，随着我国智能驾驶技术发展迅速，激光雷达进口增长超过2成，人工智能算力需求旺盛，电脑零 部件进口增长20%。同时，我国出口应用于高端显卡领域的光收发模块增长近6成，大型变压器、储能 电池等电工器材出口增长18.8%。 ...

在初代车型上市一年九个月后，新一代小米SU7正式开启预订。新车共推出三个版本，标准版预售价22.99万元、Pro版25.99万元、Max版30.99 万元，较老款车型整体上涨1万—1.4万元，预计将于今年4月上市。 小米对这次改款的节奏把控相当克制。既没有单独举办发布会，也没有提前展开密集预热。但结合小米汽车当前所处的位置来看，这种低调并 不难理解。SU7已经不再是一款需要被反复"介绍"的新车。过去一年多时间里，它已经在20万元以上纯电轿车市场中完成站位，成为几乎所有 同价位车型绕不开的对标对象。 因此，新一代SU7的意义，将要回答一个更现实的问题：当一款已经被市场验证的爆款车型进入稳定销售期，小米要如何在不破坏既有成功的 前提下，继续向前推进？ 新款小米SU7，变得更稳妥了 从目前公布的信息来看，新一代SU7是一次典型的"加量同时加价"式改款。 小米创办人、董事长兼CEO雷军在直播中对定价逻辑进行了说明。他强调，新款SU7在配置和结构上进行了系统性升级，单从配置成本看，新增投入已达 数万元；与此同时，上游原材料价格上涨也进一步推高了整车成本。 雷军提到，碳酸锂等大宗原材料价格波动明显，车规级内存价格也在过去 ...

Core Viewpoint - Company expects a significant increase in comprehensive profit for the fiscal year ending December 31, 2025, projecting a growth of 400% to 450% compared to approximately RMB 279 million in the same period of 2024 [2] Group 1: Factors Driving Profit Growth - The substantial profit growth is attributed to three core factors [2][3] - The company is advancing its five-year strategic development plan (2021-2025) to accelerate the expansion of its smart vision product business in non-mobile sectors, benefiting from the rapid growth in global smart driving and IoT smart terminal industries, which has significantly increased the demand for camera modules [2] - The company is focusing on mid-to-high-end camera modules and fingerprint recognition modules, with substantial year-on-year growth in sales of periscope camera modules, optical image stabilization camera modules, and ultrasonic fingerprint recognition modules, leading to improved product value and operational efficiency [2] Group 2: Additional Revenue Sources - The company completed the sale of approximately 51.08% of its subsidiary Kunshan Q Tech Microelectronic (India) Private Limited, recording gains from this transaction [3] - An improvement in the operating performance of an associated company has resulted in recognized profits, contrasting with losses in the same period of 2024, further enhancing the company's profitability [3]

Core Viewpoint - Company anticipates a significant increase in comprehensive profit for the fiscal year ending December 31, 2025, projecting a growth of approximately 400% to 450% compared to the fiscal year ending December 31, 2024 [1] Group 1: Financial Performance - Company expects comprehensive profit to rise from approximately RMB 279 million to a range of RMB 1.39 billion to RMB 1.54 billion by the end of 2025 [1] - The stock opened nearly 7% higher following the earnings announcement, currently trading at HKD 9.57, reflecting a 6.81% increase with a trading volume of HKD 6.44 million [1] Group 2: Strategic Development - The board attributes the anticipated profit growth to the ongoing implementation of the company's five-year strategic development plan (2021-2025), focusing on accelerating business development in non-mobile intelligent visual products [1] - The rapid growth in the global smart driving and IoT smart terminal industries has significantly increased the demand for camera modules, leading to a substantial rise in both quantity and specifications of products [1] Group 3: Market Position and Product Strategy - The company maintains strong partnerships with leading smart driving solution providers, handheld imaging device brands, and other prominent IoT smart terminal brands, resulting in a year-on-year doubling of sales volume for camera modules in other sectors [1] - The company continues to focus on mid-to-high-end camera modules and fingerprint recognition modules, with significant year-on-year growth in sales of periscope camera modules, optical image stabilization camera modules, and ultrasonic fingerprint recognition modules, enhancing the product's added value [1]

Core Viewpoint - Company expects a significant increase in consolidated profit for the fiscal year ending December 31, 2025, projecting a growth of approximately 400% to 450% compared to the fiscal year ending December 31, 2024 [1] Group 1: Financial Performance - Company anticipates a consolidated profit of approximately RMB 279 million for the fiscal year ending December 31, 2025, marking a substantial increase from the previous year [1] - The stock price opened nearly 7% higher following the earnings announcement, currently trading at HKD 9.57, reflecting a 6.81% increase with a trading volume of HKD 6.44 million [1] Group 2: Business Strategy and Market Trends - Company is committed to advancing its five-year strategic development plan (2021-2025), focusing on the growth of smart visual products outside the mobile phone sector [1] - The rapid development of the global smart driving and IoT smart terminal industries has significantly increased the demand for camera modules, leading to a substantial rise in sales volume and product specifications [1] - Company maintains strong partnerships with leading smart driving solution providers, handheld imaging device brands, and other prominent IoT smart terminal brands, resulting in a year-on-year doubling of sales volume for camera modules in other sectors [1] Group 3: Product Development - Company continues to focus on mid-to-high-end camera modules and fingerprint recognition modules, with significant year-on-year growth in sales of periscope camera modules, optical image stabilization camera modules, and ultrasonic fingerprint recognition modules [2] - The growth in high-end products has effectively improved the company's product added value [2]