http://goldmansachs.zoom.us/webinar/register/WN_YRy4PJ-ATUSvrfxDY36Gaw We expect the key investor questions to be focused on (1) business update on cooperation with both domestic and global OEMs; (2) the latest development on robotics LiDAR and commercialization in humanoid robots; (3) competition dynamics, ASP and gross margin outlook. Goldman Sachs does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of inter ...

❤️Clifford (@Clifford98506):FSD saves lives. It happened to me tonight.Going through New Mexico from the Tesla Shareholders' meeting, the head-on collision (75 mph) with oncoming traffic was averted. Just a broken mirror, busted window, and a bit of a shaken mind. Thank you Elon, thank you Tesla, thank https://t.co/h4uT0KPoL1 ...

点击下方 卡片 ，关注" 自动驾驶之心 "公众号 戳我-> 领取 自动驾驶近30个 方向 学习 路线 >>自动驾驶前沿信息获取 → 自动驾驶之心知识星球 论文作者 | Ruifei Zhang等 编辑 | 自动驾驶之心 将大语言模型有效融入自动驾驶系统，需要在发挥其高级推理能力与保障实时性之间取得平衡。现有方法要么过于频繁地激活LLMs，导致计算开销过大；要么采用固 定调度方式，无法适应动态变化的驾驶场景。 为解决这些挑战，香港中文大学（深圳）和中山大学等团队的研究人员联合提出AdaDrive——一种自适应协作快慢框架，能以最优方式决定LLM何时以及如何为决策 过程提供支持。其一，关于LLM的激活时机：AdaDrive设计了一种新颖的自适应激活损失，通过对比学习机制动态判断是否调用LLM，确保仅在复杂或关键场景下激 活。其二，关于LLM辅助的融合方式：不同于刚性的二元激活，AdaDrive引入自适应融合策略，根据场景复杂度与预测置信度，对LLM的影响进行连续的强度调节， 实现与传统规划器的无缝协作。 PS. 下周一我们邀请到学术界和工业界的专家学者共同探讨自动驾驶世界模型和VLA的路线之争！感兴趣的同学记得点 ...

Q3 2024 Business update Nov 7, 2024 Safe mobility at the speed of life Safe Harbor Statements Except as required by law, we assume no obligation to update any information in this presentation to reflect events or circumstances in the future, even if new information becomes available. Unless otherwise indicated, information contained in this presentation concerning our industry, competitive position and the markets in which we operate is based on information from independent industry and research organizatio ...

Welcome back to Market on Close. I'm Sam Bartis live from the floor of the New York Stock Exchange. It's time now for Overlooked Stocks and we're watching Xpunk today as shares rallied to a 52- week high after unveiling its humanoid robot.So, I'm joined by George Sillers, a senior markets correspondent to get us across this one. What do we know about this uh company going full Tesla as it's been described off the back of its AI day and the reaction we're seeing in the stock. Because it's up 7% as far as the ...

Key Takeaways Tesla faces slowing sales, tighter margins and intensifying competition in key global markets.QuantumScape's new Cobra process speeds up solid-state separator production by 25 times.QS deepens ties with automakers as first customer billings mark early commercial traction.Electric vehicle (EV) adoption may have been slower than expected, and the theme isn’t as hot as it once was — but the future of transportation is undoubtedly electric. And when we talk EVs, the first name that comes to mind i ...

Hesai Group (NasdaqGS:HSAI) Q3 2025 Earnings Call November 11, 2025 07:00 AM ET Company ParticipantsTina Hou - VPDavid Li - Co-Founder and CEOJeff Chang - Senior VPAndrew Fan - CFOSia Huang - Equity Research AssociateYuanting Shi - Head of Capital MarketsConference Call ParticipantsTim Hsiao - VP and Equity Research AnalystAaron Wong - Equity Research AnalystZheng Yu - AnalystLu Jia - AnalystJesse Lu - AnalystOperatorHello, ladies and gentlemen. Thank you for standing by. Welcome to Hesai Group's Third Quar ...

Core Viewpoint - The acquisition of the NO.宁2025Y05 land plot by JD.com for 184 million yuan marks a significant development in the Nanjing Hexi Central Innovation Zone, indicating the establishment of a headquarters cluster that includes major companies like JD.com, Xiaomi, and Alibaba [1][3]. Group 1: Land Acquisition Details - JD.com won the bidding for the NO.宁2025Y05 land plot, paying 184 million yuan, which translates to approximately 6,996 yuan per square meter [2][3]. - The land plot covers an area of 26,301.43 square meters and is designated for research and development purposes, with a maximum building area of 180,000 square meters [2][3][5]. Group 2: Strategic Importance - The new JD.com research center will serve as a regional hub, focusing on various sectors including retail, technology, finance, health, and home services, with an emphasis on attracting talent in cutting-edge fields such as artificial intelligence and robotics [5]. - The project is expected to employ at least 5,000 research and development personnel from industries like e-commerce, modern logistics, and fintech [5]. Group 3: Headquarters Cluster Development - The Nanjing Hexi area is now home to eight major corporate headquarters, including JD.com, Newland, Alibaba, Xiaomi, and others, which enhances the region's attractiveness for talent and investment [8]. - The influx of these headquarters is driven by Nanjing Hexi's high-quality urban environment and favorable demographic structure, which collectively create a strong magnetic effect for businesses [8].

Core Insights - Pony AI Inc. will report its unaudited financial results for Q3 2025 on November 25, 2025, before the U.S. market opens [1] - An earnings conference call is scheduled for the same day at 7:00 A.M. U.S. Eastern Time [2] Company Overview - Pony AI Inc. is a leader in the commercialization of autonomous mobility, utilizing its vehicle-agnostic Virtual Driver technology [4] - The company aims to develop a sustainable business model for mass production and deployment of autonomous vehicles across various transportation use cases [4] - Founded in 2016, Pony AI has expanded its operations in regions including China, Europe, East Asia, and the Middle East [4]

Core Insights - Hesai Group reported strong financial results for Q3 2025, achieving net revenues of RMB795.4 million (US$111.7 million), a 47.5% increase year-over-year, and net income of RMB256.2 million (US$36.0 million), marking a significant turnaround from a net loss in the same period last year [2][3][11]. Financial Performance - Quarterly net revenues reached RMB795.4 million (US$111.7 million), up from RMB539.4 million in Q3 2024, reflecting a 47.5% increase [11]. - Gross margin for Q3 2025 was 42.1%, down from 47.7% in Q3 2024, attributed to a decrease in high-margin service revenues [11][12]. - Net income for Q3 2025 was RMB256.2 million (US$36.0 million), compared to a net loss of RMB70.4 million in Q3 2024 [11][12]. - The company achieved a nine-month total net income of RMB283 million (US$40 million), surpassing its full-year target a quarter early [3][11]. Operational Highlights - Total lidar shipments for Q3 2025 were 441,398 units, a 228.9% increase from 134,208 units in Q3 2024 [10]. - ADAS lidar shipments were 380,759 units, up 193.1% from 129,913 units in the same period last year [10]. - Robotics lidar shipments reached 60,639 units, representing a 1311.9% increase from 4,295 units in Q3 2024 [10]. Business Developments - The company secured design wins from its top two ADAS customers, achieving 100% lidar adoption across all their 2026 models [3][6]. - New lidar supply agreements were signed with leading global autonomous driving companies, indicating strong demand and potential for future growth [4][6]. - The successful completion of the Hong Kong IPO raised US$614 million, enhancing the company's financial position [3][11]. Market Position - Hesai maintained a leading position in the long-range automotive lidar market with a 46% market share as of August 2025, significantly ahead of its competitors [3][6]. - The shift towards multi-lidar setups for Level 3 autonomous vehicles is expected to expand the company's addressable market significantly, with potential revenues of US$500–1,000 per vehicle [3][6].