Group 1: Automotive Industry Developments - The State Administration for Market Regulation has made significant progress in establishing a self-controlled quality assurance system for automotive chips by launching the upgraded "Automotive Chip Certification Review Technical System 2.0" and a digital certification platform [1] - GAC Honda's acquisition of Dongfeng Honda Engine Co., Ltd. has entered the public announcement period, with GAC Honda set to hold 100% of the shares post-transaction [2] - GAC Haobo has received the "L3 Level Specific Scenario Autonomous Driving Road Test" license, becoming the first company in China to obtain a license for testing at speeds up to 120 km/h [3] Group 2: Company Performance and Product Launches - Xiaomi is expected to meet its annual delivery target of 350,000 vehicles this week, as stated by the Group President Lu Weibing [4] - Lantu Automotive has officially launched the Lantu Taishan model, with an initial price starting at 379,900 yuan and receiving 10,000 pre-orders within 21 minutes of the launch [5] - NIO has announced that its ES6 model has achieved cumulative deliveries of 300,000 units, with a commemorative edition being delivered to users [6] Group 3: Infrastructure and Strategic Partnerships - NIO has completed the Chengdu West Ring battery swap route, which spans 1,400 kilometers and includes 13 battery swap stations [7] - RoboSense has secured an exclusive contract with a North American electric vehicle company to supply over 500,000 units of high-performance digital lidar [8] - Dongfeng Motor has signed a strategic cooperation agreement with China Export & Credit Insurance Corporation to enhance collaboration in various fields [9] Group 4: Financial Transactions and Investments - Geely has entered into a share repurchase agreement with Morgan Stanley, with a maximum investment of 2.3 billion Hong Kong dollars [10] - Geely and Renault have announced a partnership in Brazil, planning to invest 3.8 billion reais (approximately 714 million USD) to develop new models [11] Group 5: Recalls and Safety Issues - Honda will recall 256,603 Accord hybrid vehicles in the U.S. due to a software issue that may cause the vehicle to lose control [12] Group 6: Charging Infrastructure Expansion - Stellantis has announced the integration of Tesla's charging system, allowing its electric vehicles to access over 28,000 Tesla Supercharger stations across North America, Japan, and South Korea [13]

Core Insights - Xiaomi's Q3 2025 financial report shows significant growth in electric vehicle deliveries and overall revenue, indicating a strong performance in the automotive sector and innovative business areas [4][6]. Financial Performance - Total revenue reached 113.1 billion yuan, exceeding 100 billion yuan for four consecutive quarters, with a year-on-year growth of 22.3% [6]. - Adjusted net profit was 11.3 billion yuan, reflecting a substantial year-on-year increase of 80.9% [6]. Electric Vehicle Segment - Revenue from smart electric vehicles and AI-related innovative businesses amounted to 29 billion yuan, with 108,796 new vehicles delivered in the quarter [6]. - Cumulative vehicle deliveries reached 265,967 units, with Q1, Q2, and Q3 deliveries recorded at 75,869, 81,302, and 108,796 units respectively [4]. Research and Development - R&D investment totaled 9.1 billion yuan, marking a year-on-year increase of 52.1%, with an expected total investment exceeding 30 billion yuan for the year [6]. - The total number of R&D personnel stands at 24,871 [6]. Product Launches - Xiaomi announced the upcoming release of the enhanced version of its end-to-end assisted driving system, Xiaomi HAD, at the Guangzhou Auto Show [4].

Core Viewpoint - Xiaomi's founder and CEO Lei Jun emphasizes the need for increased advertising for the Xiaomi SU7 Ultra model to enhance public awareness [1] Group 1: Company Developments - Xiaomi's automobile division reported over 30,000 units delivered in July [1] - The company has begun rolling out the 10 million Clips version of its end-to-end assisted driving system for the Xiaomi SU7 series, which includes the Pro, Max, and Ultra models [1] Group 2: Marketing Strategy - Lei Jun's social media post suggests a strategic focus on advertising to boost recognition of the SU7 Ultra model [1]

Core Insights - Li Auto delivered 30,731 new vehicles in July 2025, representing a 40% year-over-year decline [1] - The cumulative delivery volume of Li Auto reached 1,368,541 vehicles as of July 31, 2025 [1] Company Developments - Li Auto plans to enhance the user experience for existing vehicle owners by upgrading all Li AD Max owners to the VLA driver model [1] - Both older users of the 2022 Li L9 on the Orin X platform and new users on the updated Thor platform will receive the VLA upgrade [1] Infrastructure Expansion - As of July 31, 2025, Li Auto has established 535 retail centers across 153 cities [1] - The company operates 527 after-sales service and authorized body repair centers, covering 222 cities [1] - Li Auto has deployed 3,028 Li Supercharging stations with a total of 16,671 charging piles nationwide [1]

Core Insights - Xiaomi Group's CEO Lei Jun announced a limited-time configuration modification event for the Xiaomi YU7, scheduled from July 6 to July 7, allowing users to modify their orders between different versions [1] - The Xiaomi YU7 SUV is available in three versions: Standard, Pro, and Max, with a starting price of 253,500 yuan [5] - The YU7 has received over 289,000 pre-orders within the first hour of sales, indicating strong market demand despite fierce competition in the domestic SUV market [7] Group 1 - The limited-time configuration modification event for the Xiaomi YU7 allows users to change their orders between the Standard, Pro, and Max versions [1] - The YU7 SUV features a maximum horsepower of 690 PS, a 0-100 km/h acceleration time of 3.23 seconds, and a top speed of 253 km/h [5] - The production capacity of Xiaomi's manufacturing facilities is set at 150,000 vehicles per phase, with the first phase dedicated to the SU7 model and the second phase for the YU7, expected to commence production in July [7] Group 2 - The strong initial demand for the YU7, with over 289,000 orders in just one hour, reflects consumer trust in Xiaomi's automotive capabilities [7] - Lei Jun emphasized the importance of product quality and the need for the company to expedite factory expansion and delivery processes [7]

Core Insights - Xiaomi's founder, chairman, and CEO Lei Jun shared recent advancements in Xiaomi's end-to-end assisted driving system (HAD) [1] - The new version of the system features a 10 million Clips version, which will be standard in all Xiaomi YU7 models [1] - An upgrade for the Xiaomi SU7 is expected in late July, with significant improvements compared to the current version [1]

Core Viewpoint - The article discusses the recent departure of Xia Zhongpu, the head of the end-to-end model for assisted driving at Li Auto, and the implications of this change on the company's strategic direction towards the VLA (Vision-Language-Action) model for autonomous driving technology [3][7][14]. Summary by Sections Departure of Xia Zhongpu - Xia Zhongpu, who joined Li Auto in 2023 and was responsible for the planning and control model of the assisted driving system, is set to leave the company. His departure may be linked to a shift in Li Auto's technology strategy [5][7]. - Xia's rapid promotion from P9 to 21st level within two years is noted as unusual within the company [6]. Shift in Technology Strategy - Li Auto has transitioned its assisted driving technology from a reliance on high-precision maps and rule-based systems to an end-to-end model, and now to the VLA model [9][10]. - The VLA model, which Li Auto is now fully committed to, is seen as a more advanced approach that incorporates action capabilities, allowing for interaction with the physical world [12][14]. VLA Model Advantages - The VLA model is positioned as superior to the previous end-to-end model, as it combines 3D and 2D visual understanding with the ability to execute actions, aligning more closely with human operational methods [12]. - This model is part of a broader industry trend towards enhancing the world knowledge and reasoning capabilities of assisted driving systems, as seen in recent developments from competitors like NIO and XPeng [12]. Internal Changes and Future Outlook - The leadership within Li Auto's assisted driving team has also seen changes, with the head of the team, Lang Xianpeng, being promoted to a higher level, indicating a strengthening of resources towards the VLA model [9]. - Despite the enthusiasm for the VLA model, industry insiders caution that it is still in its early stages and has not undergone extensive practical application [13].

Core Viewpoint - Xiaomi has made adjustments to the ordering page for its new SU7 vehicle, indicating a shift in branding for its driving assistance features [1][3]. Group 1: Product Naming Changes - The standard version of the Xiaomi SU7, previously equipped with "Xiaomi Intelligent Driving Pro," is now referred to as "Xiaomi Assisted Driving Pro" [3]. - The Xiaomi SU7 Pro and SU7 Max, which were previously equipped with "Xiaomi Intelligent Driving Max," are now branded as "Xiaomi End-to-End Assisted Driving" [3]. Group 2: Features of Assisted Driving - The end-to-end assisted driving feature supports parking space to parking space navigation, allowing users to simply set the navigation upon entering the vehicle [5]. - The enhanced capabilities include assistance for ETC/gate passage, narrow road and roundabout navigation, and parking space searching and parking [5].