Core Viewpoint - The article discusses the advancements in autonomous driving technology, emphasizing the need for a unified model that integrates both understanding current environments and predicting future scenarios effectively [7][10][30]. Research Background and Motivation - Recent progress in autonomous driving necessitates vehicles to possess deep understanding of current environments and accurate predictions of future scenarios to ensure safe and efficient navigation [7]. - The separation of "understanding" and "generation" in mainstream solutions is highlighted as a limitation in achieving effective decision-making in real-world driving scenarios [8][10]. Method: HERMES Unified Framework - HERMES proposes a unified framework that utilizes a shared large language model (LLM) to drive both understanding and generation tasks simultaneously [13][30]. - The framework addresses challenges such as efficiently inputting high-resolution images and integrating world knowledge with predictive capabilities [11][12]. HERMES Core Design - HERMES employs Bird's-Eye View (BEV) as a unified scene representation, allowing for efficient encoding of multiple images while preserving spatial relationships and semantic details [18]. - The introduction of World Queries facilitates the connection between understanding and future predictions, enhancing the model's ability to generate accurate future scenarios [19][20]. Joint Training and Optimization - HERMES utilizes a joint training process with two optimization objectives: language modeling loss for understanding tasks and point cloud generation loss for accuracy in future predictions [21][22][23]. Experimental Results and Visualization - HERMES demonstrates superior performance in scene understanding and future generation tasks on datasets like nuScenes and OmniDrive-nuScenes [26]. - The model excels in generating coherent future point clouds and accurately describing driving scenes, showcasing its comprehensive capabilities [27]. Summary and Future Outlook - HERMES presents a new paradigm for autonomous driving world models, effectively bridging the gap between 3D scene understanding and future generation [30]. - The model shows significant improvements in prediction accuracy and understanding tasks compared to traditional models, validating the effectiveness of unified modeling [31].

Core Insights - Slovakia's automotive industry has rapidly developed into a crucial pillar of its economy, with a significant increase in car production and a unique position in the European market [3][4][8]. Industry Overview - Slovakia's automotive industry accounts for approximately 44% of the country's industrial output, with an annual production exceeding 1 million vehicles and employing over 260,000 people, which is about 6% of the total population [7][8]. - The country has been dubbed "the Detroit of Europe" due to its high per capita car production, which exceeds 180 vehicles [8]. Foreign Investment and Economic Impact - The influx of foreign investment has been a core driver of Slovakia's automotive sector growth, with major companies like Volkswagen, Kia, and Jaguar Land Rover establishing production bases in the country [8][9]. - Slovakia's strategic geographical location as a crossroads in Europe enhances its appeal for automotive manufacturing, allowing for efficient distribution to major markets [9]. Innovation and Technological Development - Slovakia is investing heavily in innovation, particularly in electric vehicle technology and automation, with a focus on sustainable development [10][11]. - The country has initiated plans to develop electric vehicle infrastructure, including a significant investment in a battery factory by a Chinese company, which is expected to bolster the green economy [10][11]. Future Prospects - Slovakia aims to maintain its leading position in per capita car production while also becoming a leader in per capita battery production [11]. - The collaboration with China in the electric vehicle sector is seen as a significant opportunity for future growth and development in the automotive industry [11][12].

小马智行(PONY.US)盘前涨约4%。小马智行发布2025年二季度财报显示，期内总营收1.54亿元，同比增 长75.9%；Robotaxi业务收入1090万元，同比增长157.8%，其中乘客车费收入同比增长超300%， Robotaxi平台注册用户同比增长136%。第七代Robotaxi从二季度启动量产和路测，生产下线超200台第 七代车型，公司Robotaxi车辆总数已超500台，向年底千台Robotaxi目标推进。 | PONY 小马智行 | | 507 | | --- | --- | --- | | 14.880 ↑ +0.180 +1.22% | | 收盘价 08/11 16:00 美东 | | 15.470 ↑ 0.590 +3.97% | | 盘前价 08/12 05:53 美东 | | 一 名 2 号 3 5 目 ● 節 | | ● 快捷交易 | | 最高价 15.230 | 开盘价 14.800 | 成交量 785.76万 | | 最低价 14.410 | 昨收价 14.700 | 成交额 1.16亿 | | 平均价 14.818 | 市盈率ITM 亏损 | 总市值 52.87亿 (…) | ...

Group 1 - Baidu's autonomous driving service platform,萝卜快跑, has announced a strategic partnership with Lyft to provide autonomous ride-hailing services in Europe, with plans to deploy thousands of vehicles by 2026 in Germany and the UK [2] - The European market is actively promoting Robotaxi development, reflecting a strong acceptance and exploration of autonomous driving services, presenting unprecedented opportunities for Chinese startups [2] - Companies like 文远知行 and 小马智行 are expanding their Robotaxi services across Europe, with various projects set to launch between 2025 and 2026, indicating a growing competitive landscape [3][5] Group 2 - The rise of Robotaxi in Europe is driven by supportive policies, market demand, and technological advancements, making it a focal point globally [7] - The EU's "Automotive Industry Revitalization Plan" and various national regulations are creating a favorable environment for the commercialization of autonomous driving technology [7] - The aging population in Europe and the need for sustainable transport solutions are increasing the demand for Robotaxi services [7][8] Group 3 - The competition in the Robotaxi sector is intensifying, with both internal and external players vying for market share, which shapes the market landscape [10] - European regulations are creating barriers for Chinese companies, increasing the challenges for market entry while pushing for technological and compliance advancements [10] - Different technological approaches to autonomous driving, such as Tesla's vision-based system versus China's mixed approach, are influencing future market dynamics [10] Group 4 - The competition extends beyond operational licenses to include comprehensive strategies involving training environments, user data, and surrounding industries, indicating a shift in business models [11] - Chinese autonomous driving companies possess unique advantages in technology and cost control, which could be beneficial in adapting to Europe's complex traffic environments [11] - However, cultural differences, user habits, and stringent data protection regulations in Europe pose challenges for Chinese companies, necessitating local market understanding and compliance [11]

今年以来，特斯拉全球销量持续承压。二季度美国电动车销量约31.1万辆，同比下降6%，其中特斯拉 占14.4万辆，同比下降近13%。全球方面，一季度销量33.4万辆，同比下降13%，二季度38.4万辆，同比 下降13.5%。华尔街普遍预期三季度全球交付量将达43万辆，仍低于2024年三季度的46.3万辆。知名特 斯拉跟踪分析师Troy Teslike预计销量可达44万辆，并指出，由于税收抵免即将到期，美国需求短期内 将保持强劲，生产能力或成瓶颈。 智通财经APP获悉，进入第三季度，美国电动车市场迎来购车热潮。特斯拉(TSLA.US)周一将其最受欢 迎车型Model Y的预计交付时间，从此前的一至三周延长至四至六周，显示订单明显增加。然而，这背 后还有一个关键原因，这是美国买家最后一个季度可以享受高达7500美元的联邦购车税收抵免。该优惠 已在7月4日由特朗普签署的税收与支出法案中被取消。 市场普遍担忧，随着补贴在9月底正式到期，第四季度的电动车价格与需求将面临不确定性。特斯拉 CEO马斯克在二季度财报电话会上曾警告，公司可能会经历几个"艰难季度"，尤其是在失去补贴、自动 驾驶技术正加速推进的背景下。 不过，特斯 ...

Core Viewpoint - Wedbush Securities is optimistic about Tesla (TSLA.US), maintaining an "outperform" rating and a target price of $500 [1] Group 1: Product Developments - The upcoming Model Y facelift is a significant factor driving consumer interest, which may boost Tesla's sales [1] - Tesla is actively developing autonomous driving technology, with plans for a self-driving taxi service that could open a new business avenue for the company [1] Group 2: Political Environment - The political environment under the Trump administration may facilitate Tesla's regulatory compliance, potentially allowing the company to accelerate its initiatives and focus on new products [1] Group 3: Analyst Confidence - Analyst Daniel Ives expresses strong confidence in Tesla's growth prospects due to new vehicles, autonomous taxi services, and government support [1] - Given that Tesla's stock price is significantly below the $500 target, some investors may view this as a buying opportunity [1]

Core Viewpoint - The report by Beijing Yihe International Information Consulting Co., Ltd. provides an in-depth analysis of the integrated drive shaft market, highlighting trends and dynamics in both global and Chinese markets, and is tailored for various industry participants [1][3]. Group 1: Market Participants - The primary audience for the integrated drive shaft report includes automotive manufacturers, parts suppliers, equipment manufacturers, and investors, providing valuable insights for product development and market strategies [3]. - Major market players include established companies like Bosch, Delphi, ZF, and Honeywell, which leverage strong R&D capabilities and extensive market channels to maintain competitive advantages [5]. - Emerging companies are also making significant contributions, particularly in the electric vehicle sector, driving technological advancements in integrated drive shaft technology [5][6]. Group 2: Market Dynamics - The integrated drive shaft market is expected to grow steadily, with projections indicating a global market size reaching several billion dollars by 2025, driven by the increasing demand for efficient drive systems in electric and hybrid vehicles [6]. - The market's effective operation relies on strong collaboration and communication among upstream and downstream enterprises, enhancing product quality and market responsiveness [6]. - The report indicates that the market is influenced by various factors, including technological innovation, environmental sustainability trends, and the growing importance of smart and automated solutions [6][8]. Group 3: Regional Insights - North America, Europe, and the Asia-Pacific region are identified as key markets for integrated drive shafts, with North America leading due to its mature automotive industry and strong R&D capabilities [8]. - The European market is experiencing growth due to strict environmental regulations and a preference for new energy vehicles, while the Asia-Pacific region, particularly China, is rapidly developing and becoming a focal point for competition [8]. - Chinese government policies promoting automotive industry upgrades and new energy vehicle development are creating a favorable environment for the integrated drive shaft market, supporting technological innovation and market expansion [8].

Group 1 - NIO's stock opened at $4.81 per share, up 2.78%, with a total market capitalization of $10.893 billion as of August 8 [1] - For the fiscal year ending March 31, 2025, NIO reported total revenue of 12.035 billion RMB, a year-on-year increase of 21.46%, while the net profit attributable to shareholders was -6.891 billion RMB, a decrease of 31.06% year-on-year [1] Group 2 - NIO is set to disclose its fiscal year 2025 interim report on September 4, with the actual disclosure date subject to company announcement [2] - Founded in November 2014, NIO aims to create a joyful lifestyle for users and is a pioneer in the high-end smart electric vehicle market [2] - NIO focuses on technological innovations in areas such as autonomous driving, digital technology, electric powertrains, and battery technology, with notable offerings including battery swapping technology and battery-as-a-service (BaaS) [2] - The company has launched several high-end smart electric vehicles, including the ES8, ES6, EC6, ET7, and ET5, with deliveries starting from 2018 to 2021 [2]

特朗普提名斯蒂芬・米兰出任美联储理事，任期至2026年 当地时间8月7日，美国总统特朗普宣布，已选定现任白宫经济顾问委员会主席斯蒂芬・米兰接替刚空出的美联储 理事席位，任期至2026年1月31日。特朗普同时表示，将继续物色长期的美联储职位替代者。据悉，斯蒂芬・米 兰曾在特朗普第一任期内担任美国财政部经济政策高级顾问，拥有哈佛大学经济学博士学位。 | 市场 | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | | 欧美 | 道琼斯工业平均 | 43968.64 | -224.48 | -0.51% | | | 纳斯达克 | 21242.7 | 73.28 | 0.35% | | | 标普500 | 6340 | -5.06 | -0.08% | | | 欧洲斯托克50 | 5332.07 | 68.78 | 1.31% | | | 英国富时100 | 9100.77 г. | -63.54 | -0.69% | | | 法国CAC40 | | 7709.32. go guda 74:29 m | 0.97% | | | 德国DAX | 24192.5 | ...

Core Insights - Tesla is disbanding its Dojo supercomputer team, which may disrupt its plans for developing in-house chips for autonomous driving technology [1][2] - Peter Bannon, the head of the Dojo project, is leaving the company, and approximately 20 team members have joined a new company, DensityAI [1] - Tesla plans to increase reliance on external technology partners, including Nvidia, AMD, and Samsung for chip manufacturing services [1] Group 1 - Dojo was designed to train Tesla's Autopilot and Full Self-Driving systems, processing data to enhance algorithm performance [2] - Analysts previously indicated that Dojo could provide a significant competitive advantage, with Morgan Stanley estimating it could increase Tesla's market value by $500 billion in 2023 [2] - Elon Musk hinted at a strategic shift during a recent earnings call, suggesting future in-house technology may integrate with partner technologies [2] Group 2 - Musk expressed a desire for the Dojo 3 and AI6 inference chips to be merged into essentially the same chip [2] - Last year, Musk acknowledged that the company might not continue advancing the Dojo project and would rely more on external partners [2] - As of the report, Tesla, Musk, and Bannon have not commented on the situation [2]