Core Insights - Avita has officially launched its strategic 2.0 plan alongside the release of the Avita 07 2026 model, defined as a "smart and beautiful urban luxury SUV" [1] - The new model offers six variants with pure electric and range-extended powertrains, priced between 219,900 to 279,900 yuan, with promotional prices starting from 209,900 to 269,900 yuan [1] - The Avita 07 2026 model features several luxury configurations, including a four-door electric suction door, streaming electronic rearview mirror, and a 35.4-inch 4K panoramic screen [1] Product Features - The entire series is equipped with Huawei's Qian Kun ADS 4 advanced driver-assistance system, upgraded with 4D millimeter-wave radar and new auxiliary driving lights, enhancing driving and parking experiences [3] - The cabin features Huawei's Harmony Space 5, providing an immersive interactive experience [3] Strategic Goals - Avita aims for global sales of 400,000 units and annual revenue of 100 billion yuan by 2027, with targets of 800,000 units by 2030 and 1.5 million units by 2035 [3] - To achieve these goals, Avita plans to enhance product, technology, service, and globalization strategies, including launching five upgraded models in collaboration with Huawei and CATL by 2026 [3] Global Expansion - Avita plans to enter over 80 countries and establish more than 700 sales channels by 2030, accelerating its globalization process [3] - The strategic partnership with Huawei will deepen, focusing on team collaboration, joint manufacturing, and ecosystem building [4] - Avita has delivered over 3,000 vehicles to Huawei employees to date [4]

Core Viewpoint - Geely is undergoing significant internal integration to enhance efficiency and reduce redundancy, aiming to establish a unified brand identity and improve product positioning in the competitive automotive market [1][4][6]. Group 1: Internal Integration and Brand Positioning - Geely's CEO emphasizes the importance of a systematic approach to integration, referring to the company as a "clumsy child" that must steadily progress towards its goals [2][3]. - The integration has clarified brand positioning, with distinct roles for its sub-brands: Zeekr as luxury technology, Lynk & Co as mid-to-high-end performance, and Galaxy as mainstream high-value products [2][4]. - The launch of the Galaxy M9 SUV, priced under 200,000 yuan, showcases Geely's ability to control costs and break market barriers [2][15]. Group 2: Market Challenges and Sales Goals - Geely has raised its annual sales target to 3 million units, reflecting confidence in its growth strategy amid fierce competition in the electric vehicle market [5][17]. - The company aims to accelerate product launches, with several new models, including the Zeekr 9X and Starry 6, set to hit the market soon [5][18]. - Geely's sales from January to August reached 1.897 million units, a 47% year-on-year increase, with domestic growth exceeding 60% [17][19]. Group 3: Technological Advancements and Strategic Partnerships - Geely is focusing on enhancing its smart driving capabilities through a partnership with Qianli Technology, aiming to develop a comprehensive intelligent driving solution [8][10]. - The company is committed to maintaining technological leadership in smart driving, requiring significant investment in AI and engineering capabilities [10][11]. - Geely's R&D investment from 2021 to 2025 exceeds 100 billion yuan, with total R&D spending over 250 billion yuan in nearly 11 years, indicating a shift from investment to harvest phase [16].

Investment Rating - The report suggests a bullish outlook for the automotive sector, particularly driven by technology and central state-owned enterprise reforms [3][10]. Core Insights - The automotive sector is expected to benefit from a market rally, with technology-driven segments like robotics and low-altitude economy likely to follow the TMT lead [3]. - The report highlights a rebound in the performance of the robotics sector in the second half of the year, with specific companies recommended for investment [3]. - The establishment of a national standard for intelligent driving assistance systems is anticipated to enhance safety and quality in the automotive industry [4][5]. Market Update - In the 37th week of 2025, retail sales of passenger cars reached 450,000 units, showing a month-on-month increase of 24.65% but a year-on-year decrease of 7.79% [3]. - The total transaction value in the automotive industry for the week was 922.739 billion, reflecting a 31.03% increase from the previous week [3]. - The automotive industry index rose by 2.95%, outperforming the Shanghai and Shenzhen 300 index, which fell by 0.44% [10]. Company Recommendations - The report recommends focusing on domestic leading manufacturers such as NIO, Xiaomi, Xiaopeng, and Li Auto, as well as companies involved in intelligent driving technology [3]. - It also suggests monitoring state-owned enterprises like SAIC and Dongfeng for potential investment opportunities [3]. - Companies with strong performance growth and capabilities in robotics or overseas expansion, such as Fuyao Glass and New Spring, are highlighted as potential investment targets [3]. Key Events - The report notes the launch of NIO's new ES8 and ET9 special edition, showcasing significant investments in charging and battery technology [6][7]. - Elon Musk's substantial investment in Tesla, amounting to approximately $1 billion, has positively impacted Tesla's stock performance [8][25]. - The report mentions the introduction of various new models and strategic partnerships in the automotive sector, indicating a dynamic market environment [26][29][34].

Core Viewpoint - GAC Trumpchi has launched the new mid-to-large plug-in hybrid SUV, Trumpchi Xiangwang S9 Qiankun, targeting family users with a price range of 229,900 to 259,900 yuan, which is 30,000 yuan lower than the pre-sale price [1] Group 1: Product Features and Market Positioning - The Xiangwang S9 is positioned as the flagship SUV of the Xiangwang series, with dimensions of 5060mm×1950mm×1760mm and a wheelbase of 2930mm, comparable to competitors like the Aion M7 and Li Auto L7 [1] - GAC Trumpchi aims to enhance product competitiveness through a "low price, high configuration" strategy, as the brand's recognition is still lower than that of Aion M7 and Li Auto L7 [4] - The Xiangwang S9 features advanced intelligent driving technology, including the Huawei Qiankun Intelligent Driving ADS 4 Max system, which is equipped with 29 perception units and various radar systems for comprehensive driving assistance [4] Group 2: Strategic Goals and Future Plans - The Xiangwang series represents GAC Trumpchi's commitment to brand elevation and aligns with GAC Group's "Panyu Action" strategy, focusing on electrification, intelligence, and premiumization [5] - GAC Group aims for its self-owned brand sales to account for over 60% of total sales by 2027, targeting 2 million units in sales for self-owned brands [5] - By 2025, GAC Group plans to launch seven new models under its self-owned brand, aiming for a sales target of 1 million units and striving for a break-even point for large-scale self-owned operations [5]

Core Viewpoint - GAC Trumpchi has launched the Trumpchi Xiangwang S9, a flagship SUV developed in collaboration with Huawei and CATL, focusing on family travel and featuring high-end specifications at a competitive price range of 229,900 to 259,900 yuan [1][11]. Group 1: Vehicle Features - The Xiangwang S9 is equipped with Huawei's advanced driving assistance system, featuring 192-line LiDAR and three 4D millimeter-wave radars, enabling seamless point-to-point driving assistance in urban environments [3]. - The vehicle's body structure incorporates a submarine pressure chamber design for enhanced safety, utilizing aerospace-grade aluminum and high-strength steel to exceed national collision standards [5]. - The Xiangwang S9 comes with a 44.5 kWh CATL battery, achieving a pure electric range of 252 km and a total range exceeding 1,200 km when combined with gasoline [5]. Group 2: Driving and Comfort Technologies - The SUV features GAC's Super Smart Electric Four-Wheel Drive, enhancing stability and safety, and includes various driving modes for different terrains [7]. - Interior amenities include a spacious design with options for five or six seats, high-quality materials, and advanced comfort features such as massage seats and a large entertainment screen for rear passengers [7][9]. - The vehicle is equipped with the HarmonyOS smart cockpit, allowing for voice interaction and multi-screen collaboration, while maintaining low VOC emissions for a healthier cabin environment [9]. Group 3: Market Positioning - The Xiangwang S9 targets family users, emphasizing spaciousness and high-quality travel experiences, positioning itself as a strong competitor against similar models like Li Auto L6 and Aito M7 [11].

长江商报消息●长江商报记者 黄聪 小米汽车又召回了，依旧是SU7标准版。 9月19日，国家市场监督管理总局发布公告称，日前，小米汽车科技有限公司（简称"小米汽车"）备案 了召回计划，决定自即日起，召回2024年2月6日至2025年8月30日生产的部分SU7标准版电动汽车，共 计11.69万辆。 值得注意的是，小米汽车此次召回理由为"辅助驾驶功能"缺陷，而半年前公司小米SU7的辅助驾驶问题 备受外界关注。 事实上，2025年1月，小米汽车计划召回SU7标准版电动汽车共计3.09万辆。 2025年以来，小米SU7已进行了两次召回，合计召回汽车14.78万辆。 而且，根据小米汽车提供的召回车辆型号，长江商报记者发现，两次召回汽车大概率有部分重复，最新 召回的部分小米SU7标准版属于"二次召回"。 交付量方面，上牌数据显示，2025年前8月，小米汽车销量达22.48万辆，完成全年35万辆目标约64%。 辅助驾驶存缺陷 9月19日，国家市场监督管理总局发布的公告显示，日前，小米汽车备案了召回计划，决定自即日起， 召回2024年2月6日至2025年8月30日生产的部分SU7标准版电动汽车，共计11.69万辆。 公告显示， ...

Core Viewpoint - Xiaomi Automotive has announced a recall of 116,900 units of its SU7 standard electric vehicle due to defects in the auxiliary driving function, which poses safety risks in certain extreme scenarios [1][5][11]. Recall Details - The recall affects SU7 standard models produced between February 6, 2024, and August 30, 2025, and is part of a broader concern regarding the vehicle's L2 highway navigation assistance capabilities [1][5]. - This is the second recall for the SU7, with a total of 147,800 units recalled since the beginning of 2025, indicating potential overlap in the recalled vehicles [3][11]. Safety Concerns - The recall is prompted by the identification of insufficient recognition, warning, or handling of extreme scenarios when the L2 driving assistance is activated, which could increase the risk of collisions if the driver does not intervene promptly [5][11]. - Xiaomi plans to address these issues through over-the-air (OTA) software updates, which will enhance the reliability of the auxiliary driving features [5][11]. Sales Performance - As of August 2025, Xiaomi Automotive has sold 224,800 vehicles, achieving approximately 64% of its annual target of 350,000 units [4][17]. - The company aims to increase its annual delivery target to 420,000 units, a 20% increase from the initial goal, with production capacity expected to support this growth [15][18]. Market Positioning - Xiaomi's ambition is to become one of the top five automotive manufacturers within ten years, paralleling its goals in the smartphone and home appliance sectors [12][14].

Core Insights - NIO officially launched the new ES8 model, positioning it as a flagship SUV with advanced technology features [1][2] - The ES8 features a high-performance audio system and a spacious interior, claiming the largest legroom and headroom in its class [1] - The vehicle is equipped with a 900V high-voltage architecture and a 102 kWh battery, offering a CLTC range of 635 km [2] Group 1 - The new NIO ES8 is equipped with a 27-speaker sound system with a peak power of 4082W and a 6G amplifier [1] - The vehicle's interior boasts a maximum trunk space of 547 liters and a front trunk space of 230 liters, comparable to mainstream MPVs [1] - The ES8 includes a high-performance AI driving chip and a comprehensive vehicle operating system, with ongoing updates for new features [1] Group 2 - The starting price for the new NIO ES8 is 406,800 yuan, with a battery rental option starting at 298,800 yuan [2] - The vehicle will be available in three configurations: 7-seat luxury version, 6-seat luxury version, and 6-seat signature version [2] - Deliveries for the new ES8 will officially begin on September 21 [2]

Core Viewpoint - Geely is undergoing significant internal restructuring to enhance efficiency and reduce resource duplication, particularly in its smart driving teams, as part of its "One Geely" strategy [1][2][9] Group 1: Organizational Changes - Geely has consolidated multiple smart driving teams into a single entity called "Qianli Zhijia" to address issues of resource dispersion and redundancy [2][3] - The establishment of Qianli Zhijia aims to integrate AI capabilities from Qianli Technology with Geely's mass production experience [2][10] - A new subsidiary, "Qianli Haohan," will be created under Qianli Zhijia to provide smart driving services specifically for Geely [2][11] Group 2: Product Strategy - Geely has clarified its brand positioning, with Zeekr targeting luxury technology, Lynk focusing on mid-to-high-end performance, and Galaxy catering to mainstream high-value products [3][8] - The Galaxy M9, a large six-seat SUV priced under 200,000 yuan, exemplifies Geely's ability to control costs while breaking market barriers [3][20] - The company emphasizes a "Three Nine Plan" to ensure distinct market positioning for its various brands [3][22] Group 3: Financial Performance and Goals - Geely has raised its annual sales target to 3 million units, reflecting confidence in its growth trajectory, with a 47% year-on-year increase in sales from January to August [7][25][26] - The company has seen significant growth in the domestic market, exceeding 60% year-on-year [25] - The Galaxy brand has achieved over 1.33 million cumulative sales, marking it as the fastest-growing new energy brand to reach this milestone [7][26] Group 4: Competitive Landscape - The Chinese automotive market is highly competitive, with local brands capturing nearly 90% of the new energy vehicle market share by mid-2025 [6] - Geely faces pressure from competitors like BYD, particularly in the 100,000 to 200,000 yuan price segment [7][25] - The company is accelerating product launches, including the upcoming Zeekr 9X and Xingyao 6 models, to maintain market competitiveness [7][26]

Core Viewpoint - The article emphasizes the shift in the automotive market from price wars to technology competition, particularly in the realm of intelligent driving systems, with the launch of the new Deep Blue S07 marking a significant step towards making high-quality intelligent driving accessible to mainstream consumers [3][5][40]. Group 1: Intelligent Driving Technology - Intelligent driving features are no longer exclusive to high-end models, with advanced systems now available in vehicles priced as low as 70,000 to 100,000 yuan [3][5]. - The Deep Blue S07 is equipped with Huawei's QianKun Intelligent Driving ADS 4 SE system, which is positioned in the 150,000 yuan SUV market, offering a comprehensive suite of intelligent driving features without compromising on functionality [3][10]. - The ADS 4 SE system shares core algorithms and data with luxury vehicles, ensuring that users of the Deep Blue S07 benefit from proven technology and safety standards [13][14]. Group 2: Performance and Features - The ADS 4 SE system has demonstrated significant improvements, including a 50% reduction in end-to-end latency, a 20% increase in traffic efficiency, and a 70% improvement in emergency braking performance [10][12]. - The Deep Blue S07 offers advanced safety features, such as lateral collision avoidance and a UPA system that prevents unintended acceleration, enhancing overall user safety [16][17]. - In terms of driving assistance, the vehicle provides features like NCA for highway navigation and adaptive cruise control for urban commuting, making driving more convenient and less stressful [19][20]. Group 3: Market Positioning and Design - The Deep Blue S07 aims to redefine the perception that limited budgets necessitate compromises in driving experience, offering a luxurious interior and advanced technology at a competitive price point [5][24][30]. - The vehicle's design includes high-quality materials and modern aesthetics, with features like a dual-zone climate control system and a high-performance Qualcomm 8295P chip for smooth operation [25][28]. - The car's energy efficiency is notable, with a fuel consumption rate as low as 3.8L/100km and a pure electric range of 300km, showcasing its advanced engineering [29]. Group 4: Industry Implications - The collaboration between Huawei and Deep Blue represents a model for achieving technological inclusivity in the automotive industry, moving high-end technology into the mainstream market [33][40]. - The article highlights the importance of a systematic approach to technology development, emphasizing that true technological advancement should be sustainable and reliable, rather than merely promotional [36][41]. - The Deep Blue S07 is positioned to meet the needs of a new generation of consumers who prioritize technology and quality, breaking the traditional link between high-end features and high prices [40].