Investment Rating - The report suggests a positive investment outlook for the automotive industry, particularly focusing on companies with strong product launches and competitive advantages in the market [4][29]. Core Insights - The automotive market is experiencing a recovery with significant sales growth in new energy vehicles, which accounted for 58.46% of total retail sales in the week of September 15-21, 2025, with a year-on-year increase of 30.15% [2][4]. - The report highlights the importance of technological advancements, particularly in AI and robotics, as key drivers for market sentiment and investment opportunities [4][29]. - Companies like Li Auto, NIO, and BYD are recommended for their strong product offerings and market positioning [4][29]. Market Situation Update - The total transaction value in the automotive industry for the week was 851.59 billion, reflecting a week-on-week decrease of 7.71% [4][17]. - The automotive industry index remained stable at 8106.63 points, with no change over the week, while the Shanghai Composite Index rose by 1.07% [4][17]. - The report notes that 122 stocks in the automotive sector rose, while 168 fell, indicating a mixed performance among individual companies [4][21]. Key Events - Li Auto launched the new five-seat electric SUV, the Li i6, with a starting price of 249,800 yuan, which is expected to attract younger consumers [7][49]. - The AITO M7 began nationwide deliveries, showcasing strong market demand with over 230,000 pre-orders [11][39]. - The launch of the Shangjie H5, priced between 159,800 and 199,800 yuan, aims to capture the mainstream SUV market with advanced features [14][38]. Industry News - The Ministry of Industry and Information Technology is addressing the issue of "0 km used cars" to curb fraudulent sales practices, reflecting a commitment to improving industry integrity [5][6]. - The report mentions the establishment of a joint venture between Li Auto and Xinwangda for battery production, indicating strategic moves towards vertical integration in the supply chain [31][32]. - The report also highlights the introduction of export license management for pure electric passenger vehicles starting in 2026, which may impact market dynamics [55].

合作模式的升级正进一步强化华为在销售端的管理权限。有知情人士告诉《21汽车·一见Auto》，门店 合作方为传统经销商，但选址、视觉标准和运营流程均遵循鸿蒙智行统一规范。 有经销商对《21汽车·一见Auto》表示，根据鸿蒙最新要求的布局，展车从原本45度角朝向门口调整为 面对面摆放，"这样从客户视角来看，走进展厅就能看到所有的车头，会有一种被迎接的感觉。"上述渠 道商举例称，为了让用户走进展厅就能感受到华为的服务，即便是展厅入口陈列的蝴蝶兰，其颜色、朝 向甚至枝数也须符合鸿蒙的规定。 在入局汽车业之前，华为曾步履维艰。2019年车BU成立时，传统车企警惕"灵魂论"，华为的深度合作 伙伴只有赛力斯。如今，车企们视华为为逆天改命的良方。目前，华为的朋友圈已集结八大国有车企， 合作伙伴扩展到自主、合资、外资车企。 目前，鸿蒙智行覆盖15万级至百万级市场，掌握了93万辆车的"卖车命门"，算上Hi模式和零部件模式的 合作车型，华为的技术已经渗透进超百万辆智能汽车。 21世纪经济报道记者 焦文娟 9月上旬，上海一家尚界用户中心尚未正式开业，但店内已至少有 7 名销售人员在岗随时准备接待闻讯 而来的顾客。 这家由捷豹路虎展厅 ...

Group 1 - Tesla's Robotaxi service in Austin will open to the public in September, having received necessary permits to operate as a licensed transportation network company until August 2026 [2] - Li Auto's legal department emphasized that any malicious actions against its owners will face legal consequences, following a response from Douyin regarding the handling of inappropriate content related to Li Auto [2] - The new Lantu Zhiyin vehicle, equipped with Huawei's advanced driving system and HarmonyOS, has a starting pre-sale price of 220,000 yuan [2] Group 2 - The Sea Gull Flying Car Group's headquarters project has commenced in Suzhou, with a total investment of approximately 1 billion yuan, focusing on the development and production of flying cars and related technologies [4] - The project aims to produce 3,000 flying vehicles annually, with an expected annual sales revenue of 800 million yuan upon reaching full production capacity [4]