Core Insights - SAIC Volkswagen officially launched the Pro family 2026 models, marking a significant advancement in the intelligent experience of fuel vehicles, entering the 2.0 phase of smart upgrades [1][2] - The Pro family aims to dispel consumer biases against the intelligence of fuel vehicles by offering advanced features such as reliable driver assistance, user-friendly human-machine interaction, and an intelligent cockpit that learns user preferences [1][2] Group 1: Product Features - The Pro family emphasizes the "golden value triangle" of fuel vehicles, which includes intelligent performance, high-quality manufacturing, and mechanical excellence, leveraging SAIC Volkswagen's 40 years of automotive experience [2] - The upgraded IQ.Pilot enhanced driving assistance system features automatic navigation lane changes, intelligent obstacle avoidance, and autonomous on/off ramp capabilities, providing a seamless driving experience [2][4] - The system allows for human intervention without disengaging assistance, enabling the vehicle to adapt to changes in driving plans while maintaining optimal support [2][4] Group 2: Technological Advancements - The high-precision perception system utilizes dual-camera sensors and advanced algorithms to create a comprehensive safety perception system without relying on high-definition maps or lidar [5] - The dual-camera enhanced OCC algorithm significantly improves the detection distance and accuracy of static obstacles, allowing for real-time dynamic display and decision-making that mimics human driving behavior [5] Group 3: Intelligent Cockpit Enhancements - The intelligent cockpit features a fully integrated language model, smart voice interaction, Face ID recognition, and upgraded mobile connectivity, enhancing user experience and personalization [9] - Collaboration with Baidu has enabled the integration of advanced AI models, allowing the voice assistant to understand multiple intents within a single command and facilitating seamless vehicle control [9] Group 4: Strategic Vision - SAIC Volkswagen continues to pursue a dual-track strategy of fuel and new energy vehicle development, aiming to meet diverse user needs while ensuring high safety and quality standards [9] - The launch of the Pro family 2026 models represents a significant step towards achieving "equal rights" in user experience between fuel and electric vehicles, with plans for ongoing innovation and product expansion [9]

Core Insights - SAIC Volkswagen officially announced the launch of the Pro family 2026 models, marking the advancement of fuel vehicle intelligence to the 2.0 stage [1] - The Pro family aims to break the stereotype of fuel vehicles being non-intelligent by offering advanced intelligent features and a seamless driving experience [1] - The introduction of the IQ.Pilot enhanced driving assistance system, available for free with top models, emphasizes the company's commitment to making technology accessible [1][2] Product Features - The Pro family 2026 models will include advanced features such as reliable driving assistance, user-friendly human-machine interaction, and an intelligent cockpit that evolves with user preferences [1] - The IQ.Pilot system includes three main functions: automatic navigation lane change, intelligent obstacle avoidance, and autonomous on/off ramp capabilities, enhancing the driving experience [2][3] - The system is designed to maintain assistance even during user intervention, allowing for seamless route adjustments without disengaging the driving assistance [2] Technological Advancements - The high-precision perception system utilizes dual cameras and advanced algorithms to create a comprehensive safety perception system without relying on high-definition maps or lidar [3] - The dual-camera system enhances the detection range and accuracy of static obstacles, improving the vehicle's ability to navigate complex scenarios [3] Intelligent Cabin Features - The upgraded intelligent cabin includes a comprehensive language model, smart voice interaction, FaceID recognition, and seamless mobile connectivity [4] - The collaboration with Baidu integrates advanced AI models, enabling the voice assistant to understand multiple intents within a single command [4] - The Pro family 2026 models reflect SAIC Volkswagen's strategy of simultaneous development of fuel and new energy vehicles, catering to diverse user needs [4]

Core Insights - The current version of the intelligent driving system shows improvements in vehicle control and lane changing, but the enhancement in complex scenarios and decision-making is perceived as minimal, around 10%-20% improvement in user experience [1][2] - Users report a strong sense of safety with the system, although it still requires human intervention in complex traffic situations, indicating a need for human-machine collaboration [2][4] Group 1: User Experience - Users have experienced the system in various driving conditions, including highways and urban traffic, and have found it generally reliable, though some situations still necessitate manual driving [2] - Specific feedback includes the need for the system to better handle left turns and lane changes, as well as to improve its recognition of road conditions like water and potholes [3] Group 2: System Performance - The system's performance is noted to be affected by the hardware version, with significant differences observed between versions 7.4 and 8.0, particularly in smoothness and functionality [5] - Users express concerns about the system's speed management in certain scenarios, such as turning and merging, which could pose safety risks [4]

Core Viewpoint - The article highlights the significant advancements in electric vehicle technology by German automaker Mercedes-Benz, particularly with the launch of the all-new fully electric GLC SUV, emphasizing the brand's commitment to innovation while maintaining its core values [1][3][9]. Group 1: Product Innovation - The all-new fully electric GLC SUV features a 99.3 cm wide screen, showcasing Mercedes-Benz's focus on aesthetics and user experience, with a design philosophy centered around the driver [5][7]. - The vehicle is equipped with the MB.OS system, which integrates various functionalities such as infotainment, intelligent driving assistance, and charging management, ensuring compatibility with future models [7][9]. - The GLC SUV boasts impressive energy recovery capabilities, achieving over 99% efficiency in energy recovery during braking, with a maximum recovery power of 300 kW, allowing for a WLTP range of 713 km [7][9]. Group 2: Market Strategy - Mercedes-Benz is heavily investing in technology and product launches, with a focus on the Chinese market, which is seen as a critical area for innovation and growth [9][11]. - The company plans to introduce a long-wheelbase version of the GLC SUV in China by 2026, reflecting its strategy to tailor products to local market demands [13]. - Mercedes-Benz aims to enhance its marketing strategies in China, leveraging both online and offline experiences to strengthen brand perception among consumers [11][13]. Group 3: Brand Philosophy - The brand's leadership emphasizes the importance of maintaining its core values while embracing new technologies, aiming to create a harmonious relationship between innovation and traditional craftsmanship [5][9]. - The concept of "Welcome Home" reflects Mercedes-Benz's desire to connect with consumers emotionally, ensuring that the brand remains memorable and desirable in the new electric era [3][13]. - The company acknowledges the competitive landscape in China, particularly with advancements in intelligent driving technologies, and expresses a commitment to adapt and innovate in response to these challenges [9][11].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完整性亦 不發表聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因依賴該等內容而引致之任何損失 承擔任何責任。 自願公告 香港，2025年9月1日（星期一） 本公告載有前瞻性陳述。前瞻性陳述涉及固有風險和不確定性。多種因素可能導致實際結果與 任何前瞻性陳述中的結果產生實質性差異，包括但不限於以下方面：本公司的目標及戰略；本 公司的拓展計劃；其未來的業務發展、財務狀況和經營成果；中國智能電動汽車市場的發展趨 勢和規模；本公司對於其產品及服務的需求及市場接受程度的期待；本公司對於其與客戶、合 作廠商、供應商、第三方服務提供商、戰略合作夥伴及其他持份者的關係的期待；總體經濟及 商業狀況；及與上述任何一項有關或與之相關的假設。本公告中提供的所有信息均截至本公告 日期，除適用法律要求的範圍外，本公司不承擔任何更新前瞻性陳述的義務。 於本公告日期，本公司董事會由執行董事何小鵬先生，非執行董事符績勳先生，以及獨立非執 行董事楊東皓先生、瞿芳女士及張宏江先生組成。 * 僅供識別 2025年8月，小鵬汽車共交付智能電動汽車37,709輛 ...

Core Viewpoint - The emergence of "smart driving insurance" (智驾险) is a response to the growing concerns of car owners regarding liability in accidents involving advanced driver-assistance systems (ADAS) [1][3][10] Group 1: Smart Driving Insurance Overview - Various brands, including Xiaopeng Motors and Xiaomi, are offering "smart driving insurance" as a supplementary service, which provides compensation in case of accidents while using ADAS features [2][5] - The insurance-like products are not officially recognized as insurance by regulatory bodies and are primarily backed by the car manufacturers rather than traditional insurance companies [3][7] - Current ADAS technology is primarily at Level 2, with Level 3 still under development, complicating liability determination in accidents [1][10] Group 2: Market Dynamics and Consumer Perspective - Consumers are often required to purchase traditional insurance before being eligible for "smart driving insurance," which may increase their financial burden without providing significant additional coverage [4][5] - The lack of true insurance products for smart driving means that consumers have limited options and must rely on the offerings of car manufacturers [4][10] Group 3: Role of Insurance Companies - Insurance companies are involved in the design and risk assessment of these products, even though they do not directly handle claims [7][8] - The collaboration between car manufacturers and insurance companies aims to build trust in smart driving technologies and prepare for future insurance products as the market evolves [8][10] Group 4: Future of Smart Driving Insurance - The potential for "smart driving insurance" to evolve into a standalone insurance product exists, but it requires resolution of issues related to liability recognition, data security, and pricing [10][11] - Industry experts suggest that legislative frameworks and standards need to be established to clarify responsibilities and facilitate the development of appropriate insurance products for smart driving [10][11]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完整性亦 不發表聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因依賴該等內容而引致之任何損失 承擔任何責任。 自願公告 2025 年 7 月智能車交付數據 XPeng Inc. （「本公司」或「小鵬汽車」）之董事會欣然宣佈其2025年7月車輛交付數 據。 小鵬汽車在2025年7月創下了新的月度交付紀錄，共交付智能電動汽車36,717輛，同比 增長229%，這標志著本公司連續第九個月交付量超過30,000輛。截至2025年7月，本公 司的累計總交付量超過80萬輛。2025年前七個月，小鵬汽車共交付智能電動汽車 233,906輛，較去年同期增長270%。 7月中旬，小鵬汽車在歐洲市場推出了2025款小鵬G6和G9，並宣布即將在歐洲推出小 鵬P7+，這增強了小鵬汽車在該地區的強勁增長勢頭。隨著小鵬汽車這一品牌在2025年 上半年進入英國、意大利、愛爾蘭及其他新市場，本公司現已進入了全球46個國家和 地區。 2025年7月，小鵬汽車智能導航輔助駕駛（XNGP）的城區智駕月度活躍用戶滲透率達 86%。小鵬汽車最近推出最新版本的 ...

Core Viewpoint - The new national standard for passenger car braking systems, effective from January 1, 2026, regulates the single-pedal mode, prohibiting it from being set as the default option in new vehicles while allowing users to manually activate it, reflecting a balance between innovation and safety [2][3]. Regulatory Changes - The regulation emphasizes "prioritizing choice," allowing consumers to opt for single-pedal mode while mitigating technical risks associated with its default activation [3]. - The new standard establishes compliance boundaries and safety baselines for innovative technologies, particularly concerning electric transmission braking systems [6]. Safety Concerns - Research indicates that approximately 34% of traffic accidents involving single-pedal vehicles from 2022 to 2024 were related to pedal misoperation, with experienced drivers being 20% more likely to misoperate compared to novice drivers [3]. - A study revealed that 28% of passengers experienced discomfort in single-pedal vehicles, compared to only 5% in traditional fuel vehicles, highlighting concerns about ride comfort [3][4]. Industry Response - Companies like Tesla have adjusted their technology post-recall, introducing features that allow users to adjust regenerative braking intensity, while new entrants like NIO and Xpeng are also offering customizable regenerative modes in their latest models [6][7]. - The shift towards safety redundancy in design is becoming a consensus in the industry, with companies developing next-generation braking systems that maintain single-pedal convenience while ensuring multiple safety layers [7]. Future Directions - The integration of single-pedal operation with advanced driver assistance systems (ADAS) is being explored, potentially enhancing safety and user acceptance [9]. - The industry is moving towards personalized driving experiences, with developments in biometric recognition systems that adapt vehicle settings to individual drivers [9]. - The new regulation encourages a focus on the quality of technology rather than just its presence, marking a significant evolution in the regulatory mindset as the industry matures [9].

Core Viewpoint - The current "smart driving" systems in vehicles are still in the assisted driving phase and do not achieve full automation, making the driver the primary responsible party for road safety [1][2][5]. Group 1: Legal Responsibilities and Risks - Drivers who take their hands off the wheel or divert their attention (e.g., using a phone) face administrative penalties, including warnings, fines, and points deduction [2][4]. - The existing legal framework emphasizes that the driver remains the core responsible party, and there is no legal exemption for drivers due to the presence of smart driving systems [2][5]. - If such behaviors lead to traffic accidents, drivers may incur civil liabilities, including repair costs, medical expenses, and compensation for injuries or fatalities [5]. Group 2: Regulatory and Legislative Developments - The Ministry of Public Security plans to collaborate with relevant departments to refine the legal framework surrounding assisted driving systems, aiming to clarify the legal attributes of Level 0 to Level 2 systems [6]. - There is a need for improved safety standards and operational guidelines for assisted driving systems, which should be included in driver education and training [6][10]. - The current lack of unified national standards for data storage and extraction from vehicle event data recorders (EDR) complicates the determination of accident responsibility [7]. Group 3: Industry Responsibilities and User Education - Automotive companies are urged to fulfill their responsibilities by conducting thorough testing of assisted driving systems and clearly communicating their functionalities and limitations to users [10][11]. - Companies must enhance user training to ensure that new users understand how to properly use assisted driving features and the associated risks [10][11]. - The industry is witnessing a shift, with traditional automakers accelerating the adoption of Level 2+ systems while new entrants focus on advancing to Level 3 and Level 4 systems [11].

Core Viewpoint - The introduction of the "Human-Machine Co-Driving" accident liability determination solution marks a significant innovation in the insurance industry, addressing the complexities of liability in the era of intelligent driving [1][4]. Group 1: Industry Innovation - The solution provides a framework for determining liability in accidents involving L2 level assisted driving, moving away from the traditional single responsibility model based on driver fault [1][2]. - It establishes a system that is "technically credible, responsibility traceable, and legally reliable," which alleviates consumer concerns about liability in accidents [1][3]. Group 2: Mechanism and Technology - The "Human-Machine Co-Driving Insurance" employs a three-tier mechanism of "data storage, intelligent liability determination, and judicial appraisal," creating an immutable "digital evidence chain" for accident analysis [2][3]. - The use of deep learning algorithms allows for rapid generation of accident analysis reports, clearly delineating the responsibilities of drivers, manufacturers, and algorithm suppliers [2][3]. Group 3: Risk Management and Product Development - Insurance companies can now design risk coverage plans based on the level of autonomous driving, with clear responsibility assignments for different levels of technology [2][3]. - The introduction of tiered insurance products based on vehicle usage and driving behavior allows for more customized and scenario-based insurance offerings [3][4]. Group 4: Impact on Automotive Industry - The new liability determination framework encourages manufacturers to focus on extreme scenarios that are often overlooked, thereby improving the robustness of their algorithms [3][4]. - The shift from a "compensation economy" to a "prevention economy" opens up a trillion-dollar market for intelligent driving risk management [4].