Core Insights - Rivian is positioned to replicate Tesla's successful strategy by launching affordable electric vehicle models priced under $50,000, which could significantly expand its market reach [6][3] - Rivian's current stock valuation appears low compared to its growth potential, trading at a price-to-sales ratio of 3, while Tesla trades at over 15 times sales [8] - Analysts project Rivian's sales to grow by approximately 29% next year, outperforming Tesla's expected growth, making Rivian a compelling contrarian investment for 2026 [9] Company Overview - Rivian currently offers two high-priced luxury models, the R1S and R1T, and plans to introduce three new affordable models (R2, R3, R3X) in the upcoming year [6] - The company has invested significantly in infrastructure and technology, including autonomous driving and AI, to support its growth strategy [8] Market Context - Tesla's growth has been largely driven by the success of its Model 3 and Model Y, which cater to a broader market by being priced under $50,000, allowing access to millions of potential buyers [2][3] - The electric vehicle market is competitive, with challenges for new entrants in achieving economies of scale and building brand trust among consumers [4][5]

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Core Insights - Sunday Robotics has emerged from stealth mode, revealing a team with significant experience from Tesla, including at least 10 former employees involved in Tesla's humanoid robot and self-driving initiatives [1][4] - The startup has introduced its home robot, Memo, which is capable of performing various household tasks [5] Company Overview - Sunday Robotics was co-founded by Cheng Chi and Tony Zhao in 2024, with Zhao having interned on Tesla's Autopilot team [5] - The company employs around 50 people, including engineers and memory developers focused on training the robot [4] Product Development - The home robot, Memo, was unveiled on November 19, showcasing its ability to pick up wine glasses, load a dishwasher, and fold socks [5] - Sunday Robotics is part of a growing trend in the robotics industry, with other startups like 1X also developing consumer-ready home robots [7] Team Composition - The team includes former Tesla employees with extensive backgrounds in AI infrastructure and robotics, such as Perry Jia and Nadeesha Amarasinghe, who worked on Tesla's Autopilot and Optimus programs [2][3] - The startup also has several former interns and employees from Tesla's Autopilot team, indicating a strong foundation in advanced robotics [4]

RT Paolo Tiramani (@PaoloMBTiramani)2026 is the year of autonomous driving and I don’t mean Waymo or the toaster Zoox, the beginning of the end for all auto makers, mergers / chapter 11 / chapter 7 in that order, except the experience boutique brands aka Ferrari / Rolls, bla bla.Pretty obvious. ...

25 November 2025 Asia Emerging Robotics Asia Emerging Robotics: The necessity of "laser eyes"; Good entry points for Hesai Dien Wang, Ph.D. +852 2123 2622 dien.wang@bernsteinsg.com Jay Huang, Ph.D. +852 2123 2631 jay.huang@bernsteinsg.com Eunice Lee, CFA +852 2123 2606 eunice.lee@bernsteinsg.com Qingyuan Lin, Ph.D. +852 2123 2654 qingyuan.lin@bernsteinsg.com Weibin Liang, Ph.D. +852 2123 2666 weibin.liang@bernsteinsg.com Mika Fu +852 2166 4805 mika.fu@bernsteinsg.com Since our recent initiation (see here), ...

Summary of XPeng Inc. (XPEV) Conference Call Company Overview - **Company**: XPeng Inc. (XPEV) - **Industry**: Electric Vehicles (EV) and Intelligent Driving Key Insights 1. **Strong Order Expectations**: XPeng anticipates strong orders to counter industry challenges in 2026, driven by the X9 EREV and new model launches in 1Q26 and 2Q26 and beyond [1][5][7] 2. **Volume Production Initiatives**: The company is set to begin volume production of new models, which is crucial for real-world applications and technology advancement [2][5] 3. **Revenue Growth Projections**: XPeng projects a 27% year-over-year revenue growth in 2026, fueled by new model launches including the X9 EREV and several other models [2][5] 4. **Operating Profit Break-even**: The company expects to achieve non-GAAP operating profit break-even by 4Q25E [2] 5. **Robotaxi Development**: XPeng aims to obtain a license for Robotaxi trial operations in 2H26, starting with an in-house fleet in Guangzhou [7] 6. **Humanoid Robots Production**: The company targets production of several hundred humanoid robots next year, leveraging synergies between vehicle and robotics technology [7] 7. **Overseas Expansion Plans**: XPeng plans to establish 300 stores in 60 countries by the end of 2025, with localized production in Indonesia and Austria [7] 8. **Collaboration with Volkswagen**: The partnership with Volkswagen has generated over RMB 1 billion in service revenue, with expectations for continued revenue growth in 2026 [7] Additional Important Points 1. **Competitive Advantages**: XPeng's strengths include large data sets from its NEV fleet, in-house design and production capabilities, and technology synergies across different business lines [2] 2. **Model Launch Timeline**: The company plans to launch four new models in 2Q26, including a large 6-seat SUV and two Mona SUVs [5][7] 3. **Technological Advancements**: XPeng is transitioning to AI model-driven autonomous driving, moving away from rule-based models, and has no reliance on HD maps [7] 4. **Financial Metrics**: XPeng's market cap is approximately $20.1 billion, with projected revenues of RMB 40.87 billion in 2025 and RMB 107.54 billion in 2026 [9] Risks and Considerations - **Price Target Risks**: Risks include lower-than-expected sales volume, increased price competition, and weaker market demand [8]

We recently published 10 Best Small-Cap Stocks With Huge Potential According to Reddit as Market Looks Beyond AI Trade. Aurora Innovation Inc (NASDAQ:AUR) is one of the best small-cap stocks according to Redditors. Pennsylvania-based self-driving technology company Aurora Innovation Inc (NASDAQ:AUR) is one of the best small-cap stocks to buy, according to Redditors. The company sells self-driving hardware, software, and data services for different vehicle types. The company’s management said in a recent e ...

Core Insights - AMD announced a new collaboration with South Korean autonomous driving vision perception company STRADVISION, set to be revealed at CES 2026 [1] - The partnership aims to integrate hardware and software solutions for automotive perception and autonomous driving, utilizing AMD's second-generation Versal AI Edge VEK385 platform and STRADVISION's MultiVision software [3] Group 1: Collaboration Details - The collaboration focuses on the integration of AMD's VEK385 adaptive SoC, which meets the real-time and safety requirements of autonomous driving with its deterministic and low-latency computing architecture [3] - STRADVISION, established in 2014, specializes in AI vision perception technology for the automotive sector, holding over 400 patents in deep neural networks and having its technology deployed in over a million vehicles globally [3][4] Group 2: Technical Advancements - AMD and STRADVISION are working to advance existing L2-level driver assistance systems towards higher levels of L2+ and L3 autonomous driving without completely restructuring the vehicle's electronic architecture [4] - The collaboration aims to enhance capabilities in target detection, lane line recognition, and drivable area modeling, leveraging the high computing performance of VEK385 and the experience of MultiVision in quantization inference and latency control [4] Group 3: Market Implications - The partnership is viewed as a significant step in expanding AMD's automotive ecosystem, potentially increasing its influence in the automotive intelligent computing market [4] - However, the penetration of advanced autonomous driving technologies remains uncertain due to regulatory challenges, production rhythms of automakers, and the exploration of business models [4]

The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission take no responsibility for the contents of this Application Proof, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Application Proof. Application Proof of UISEE Technologies (Beijing) Co., Ltd. 馭勢科技（北京）股份有限公司 (the "Company") (A joint stock company incorporated in the Pe ...

Summary of Key Points from the Conference Call on China Autos & Shared Mobility Industry Overview - The China auto industry is currently facing low conviction levels among investors, with many lacking exposure or selling into any price increases due to ongoing competition and subsidy cuts expected to impact sentiment into 2026 [2][10][12]. Core Companies Discussed - **BYD**: Received the most meeting requests, with discussions focused on volume outlook and global ambitions. Concerns about market share losses in China persist, although advocates for the company are becoming less vocal [3]. - **Geely**: Remains a consensus buy but is experiencing a decline amid sector sell-offs, with attention on the Zeekr privatization [3]. - **EV Startups**: Companies like XPeng, Li Auto, and NIO are preferred among EV players due to their rapid model iteration, AI initiatives, and growing overseas sales [5]. - **Suppliers**: Hesai and Minth are favored suppliers, although there are concerns about pricing and margin pressures into 2026 [4]. Market Sentiment and Trends - There is a general pessimism in the sector, but this could lead to significant positive catalysts if there are marginal sales improvements or policy renewals [2]. - Investors expect continued nationwide and local subsidies to mitigate the impact of a 5% purchase tax hike, although local stimulus amounts are anticipated to decline by 30-50% year-over-year [10]. - Traditional OEMs are slightly preferred over EV makers due to low expectations and restructuring potential, particularly with endorsements from Huawei [11]. Autonomous Driving and Innovation - The market is increasingly focused on autonomous driving and robotaxi developments, with expectations for regulations on Level 3 (L3) autonomous driving to be announced in the first half of 2026 [14][15]. - Huawei's influence is growing, with many carmakers adopting its smart cockpit and autonomous driving technologies [17][18]. Investment Recommendations - Preferred stocks include: - **EV Trio**: XPeng, Li Auto, NIO for their innovation and overseas sales potential [5]. - **SAIC**: Among state-owned enterprises (SOEs), favored for recovering local brand sales [12]. - **Hesai**: Preferred among parts suppliers due to its positioning in autonomous driving [5]. Conclusion - The China auto sector is at a crossroads, with potential for recovery if investor sentiment shifts positively. The focus on innovation, particularly in autonomous driving and the influence of major tech players like Huawei, could provide significant growth opportunities in the coming years [2][14][18].