南都·湾财社记者从小鹏汽车方面获悉，2月24日，马年春节节后复工首日，小鹏汽车董事长、CEO何小 鹏发布2026年开工信，信中提及其对于小鹏汽车自动驾驶、产品规划以及未来成长支撑点的思考和展 望。 2025年，小鹏汽车全年交付429445台，同比增长126%，超额完成年度销量目标。何小鹏在信中表示， 2026年，小鹏汽车将率先在中国抓住属于自动驾驶的"DeepSeek时刻"，还会迎来每个季度环比的大幅度 增长。"我们正站在一个历史性的拐点上，2026，物理AI+全球化必须打透。" 第二代VLA将于第一季度推送 大众将成为该模型首发客户 产品方面，何小鹏在信中透露，2026年将是小鹏"史无前例的产品大年"。据悉，小鹏汽车2026年计划推 出多款全新车型，将全面覆盖多个核心细分市场。第一季度，小鹏汽车将率先推出3款超级增程产品， 通过"一车双能"战略，迅速提升主流市场的份额与影响力。2026年内，小鹏汽车还将有至少4款新车进 军海外市场。据了解，目前，小鹏P7+已在奥地利完成试制，即将在欧洲25国交付。 与此同时，2026年，小鹏汽车的机器人、飞行汽车、Robotaxi三大AI业务，都将在2026年全部量产。 其 ...

新闻荐读 2月24日，雷军发文公布新一代SU7全新颜色：赤霞红。 小米集团高级传播经理 @小胖小胖人间宝藏 今日也分享图片，展示了新一代 SU7"赤霞红"的其他角度外观，宣称"新年的第一抹正红色"。 据此前报道，新一代小米SU7已于1月初开启小订，预售价22.99万-30.99万元，预计2026年4月上市。相比现款车型，新车全系标配激光雷达、700TOPS辅 助驾驶算力、4D毫米波雷达、Xiaomi HAD端到端辅助驾驶，在智能辅助驾驶方面迎来明显升级。 其中，标准版、Pro版车型基于752V碳化硅高压平台打造，Pro版的 CLTC 工况续航更是达到902km；Max版则是基于897V碳化硅高压平台打造，在常温环 境下，借助自营充电桩实测可得：充电15分钟，最快补充670km CLTC续航。 新车全系标配V6s Plus超级电机、前四活塞固定卡钳、后宽胎（前245mm、后265mm）；Pro及Max版则搭载闭式双腔空气弹簧系统、CDC阻尼可变减振 器。 新年好，开工大吉！ 马年开工第一天，我们办了两件大事： 1. 和高管团队一起，给小米同学们发开工红包，祝福大家新一年红红火火，万事大吉！ 2. 公布新一代SU ...

Core Insights - Tesla is shifting its focus from electric vehicles and energy storage to becoming a technology-enabled services business driven by artificial intelligence, with the Optimus robot at the forefront of this transformation [1][2] Group 1: Optimus Development and Capabilities - Tesla's humanoid robot, Optimus Gen 3, has demonstrated advanced dexterity, including fine motor skills such as tearing paper towels and folding laundry [4] - The company aims to produce 1 million Optimus bots per year at its Fremont factory, although the robot is currently in the research and development phase and is only deployed within Tesla's factories for learning purposes [6] - Production of Optimus is expected to begin "probably the end of this year," according to CEO Elon Musk [7] Group 2: Market Position and Valuation - Tesla's current market capitalization stands at $1.6 trillion, with a forward price-to-earnings (P/E) multiple of 202, indicating a high valuation relative to projected earnings [7] - There is a debate on whether Tesla stock is overvalued or undervalued, as no company has successfully deployed physical AI at a global scale, making it difficult to benchmark Optimus [8] - The potential for Tesla's stock to soar exists if the company successfully executes its vision for Optimus, but there are significant risks if the product fails to scale [9]

养车成本是重中之重，不少人曾遭遇4S店保养套路，隐性消费、价格虚高让养车压力倍增。威兰达AIR 版推出的厂家直销保养套餐，仅需2099元即可享受4次原厂保养，价格低至市场价七五折，大幅节省养 车开支。该套餐透明省心有保障，费用全覆盖零件与工时无隐藏收费，厂家直营定价统一，全国600多 家4S店通用，保养采用原厂零件、遵循全球技术规范，每次均含数十项专业检测，彻底打消养车顾 虑。 作为13万级合资SUV中率先实现厂家下场兜底保养、价格统一透明的车型，该套餐严格契合《汽车行业 价格行为合规指南》中"规范售后价格、杜绝隐形消费"的要求，有效破解了后市场保养价格混乱、服务 无标准的行业顽疾，带动同级车企规范售后保养定价，推动汽车后市场向合规化、透明化方向升级。 新春佳节将至，不少家庭将购车提上日程，对普通人而言，"买得起、养得起、用得舒心"的合资SUV， 才是新春出行的最佳伴侣。近日，广汽丰田全新换代威兰达AIR版正式新春上市，以13.78万起的权益 价、8年低息金融政策，搭配厂家直营、价格统一的厂家直销保养套餐，精准击中普通人购车养车痛 点，成为新春购车市场的热门之选，让普通人也能轻松拥有合资品质的高品质出行体验。 ...

华泰证券表示，春节期间港股市场内部分化加大，AI新势力与互联网巨头走势背离，消费数据亮点尽 显但未明显提振板块表现，涨幅依然集中在科技和周期行业。展望来看，短期提示投资者防范指数和港 股通调整日前后相应抢跑个股的波动风险。中期配置上，科技和周期耗材仍是清晰主线。 【港股科技宽基·经典载体】汇添富恒生科技ETF联接发起式(QDII)C(013128)：一键布局互联网平台龙 头，作为板块旗舰宽基，具备极高的行业代表性。旨在均衡配置港股科技核心资产，同步获取中国新经 济的中长期成长动能。 截至2026年2月13日，汇添富恒生港股通中国科技ETF联接C(025167)自成立以来，最高单月回报为 13.97%，最长连涨涨幅13.97%，上涨月份平均收益率为9.41%。 【AI全产业链·高纯度】汇添富恒生港股通中国科技ETF联接C(025167)：聚焦"港股M7"核心资产，深度 覆盖AI算力、终端及应用全产业链。风格定位纯粹，剔除医药、传统汽车制造等非科技板块干扰，是 精准捕捉AI核心价值的配置工具。 截至2026年2月13日，汇添富恒生港股通中国科技ETF联接C(025167)近今年以来最大回撤10.15%，相对 基准 ...

1月份， 特斯拉 在欧盟、英国和欧洲自由贸易联盟（EFTA）的市场份额降至0.8%，而 比亚迪 为 1.9%；特斯拉纯电动汽车（BEV）市场份额为4.3%。 ...

促进两业协同发展，地方要充分认识到自身优势与禀赋，以战略眼光做好前瞻布局。从大会发言中可以 看出，广东各地市乃至区县真可谓各显其能、各展所长，从而形成万马奔腾的可喜局面。 深圳将坚持产业科技互促双强，加紧培育壮大新动能，全社会研发投入强度跃居全国城市首位，加快推 动新兴产业发展壮大、未来产业成形成势、传统产业优化升级，特别是把人工智能和机器人作为高技 术、高成长、大体量的产业新支柱，推动数智融合、软硬协同、机电一体化发展。 2025年，顺德GDP创4469亿元新高，规上工业总产值达1.06万亿元，百强企业营收额增长26%，服务业 占GDP比重提升至42.6%。作为全省制造大区，顺德将坚持两业协同，构建更有竞争力的现代化产业体 系。支持企业发展研发设计等服务型制造，以广东工业设计城为核心，搭建"1+3+N"全球设计创新合作 平台，创建世界绿色设计之都。 韶关将举全市之力打造"算力之城"，推动腾讯、阿里、万国等一批重大项目全速建设，在现有起步区基 础上再扩区，年底建成30万标准机架承载能力，用3-5年时间，推动大数据及关联产业规模达1000亿 元。韶关还将全力推动传统产业老树发新枝，组织超100家传统产业企业往高 ...

2025年，中国汽车产业在连续17年产销量稳居全球第一的基础上，再次交出了一份充满变革与挑战的答卷。行业在"电动化、智 能化"的百年浪潮中加速演进，新能源渗透率逼近50%关口，汽车出口从爆发式增长步入增速换挡期，智能驾驶技术正式叩开L3 级市场大门。 站在2026年的新起点，中国汽车产业加速从"量变"到"质变"的关键转折。新能源汽车渗透率突破50%，标志着市场主导权的切 换；L3级自动驾驶商业化破冰与Robotaxi规模化竞争开启，驱动智能出行进入新阶段；固态电池、国产芯片、人形机器人等前 沿领域，则成为技术竞争与产业延伸的核心战场。与此同时，传统豪华品牌与合资阵营面临深度重构，在电动化与智能化浪潮 中寻求本土化反攻。然而，机遇之下暗藏挑战：全球市场波动导致出口增速放缓，供应链不确定性使"缺芯"风险再度浮现，成 本与技术的平衡成为企业穿越周期的重要命题。 1、2026年预测销售新车3475万辆 2025年我国销售新车3440万辆，同比增长9.4%，产销量连续17年稳居全球第一。其中，国内销量为2730.2万辆，与2017年基本 持平，存量竞争越发激烈。根据中汽协预测，2026年中国汽车销量预计为3475万辆， ...

Core Insights - The CEO of XPeng Motors, He Xiaopeng, emphasized the theme "Steady Progress and Breaking Through, Together Entering the New Decade of Physical AI in 2026" in a letter to employees, highlighting the company's achievements in 2025 and setting ambitious goals for 2026 [1][14][17] 2025 Achievements - XPeng delivered 429,445 vehicles in 2025, marking a 126% year-on-year increase and setting a historical record [1][14][17] - The strategic partnership with Volkswagen was deepened, enhancing technology experiences for more users [1][14][17] - The Turing AI chip was integrated into vehicles, and several new products were launched, including the "dual-energy" vehicle [1][14][17] 2026 Goals - The company aims to seize the "DeepSeek" moment for autonomous driving in China, with the second-generation VLA set to be launched in the current quarter, and Volkswagen as the first customer for this model [1][14][15] - XPeng plans to introduce multiple new models to cover various core market segments [2][15][21] - The company targets mass production of three frontier AI businesses—robots, flying cars, and Robotaxi—within the same year [2][15][22] - The Robotaxi service will begin pilot operations this year, while the new generation IRON robot is expected to start mass production by the end of 2026 [2][15][22] Global Expansion - XPeng aims to double its overseas sales by 2026 and sell 1 million units overseas by 2030, contributing over 70% of profits [2][15][23] - The company plans to expand its global employee base by 8,000, with 5,000 positions targeted for campus talent [2][15][10] Product Strategy - 2026 is designated as a "Product Year," with plans to launch at least four new models in overseas markets, including the XPeng P7+ [2][15][21] - The company intends to leverage a product matrix to capture every core market segment, focusing on both product and market strategies [2][15][21] Technological Advancements - The second-generation VLA is positioned as a significant step towards L4 autonomous driving, with improvements in operational fluidity and predictive capabilities [4][18][20] - XPeng has merged its autonomous driving and intelligent cockpit centers to form a "General Intelligence Center," enhancing the integration of driving decisions and human-vehicle interaction [4][18][19] Quality and Efficiency - The company is committed to enhancing quality across all aspects, including design, craftsmanship, technology, and user service [10][24] - XPeng aims to build a robust global supply chain and production capability to support its international expansion [10][24]

Core Viewpoint - Hyundai Motor warns that tariff pressure from the U.S. may intensify despite a recent Supreme Court ruling, urging South Korea to pass a $350 billion U.S. investment package to mitigate potential impacts [1][1]. Group 1: Tariff Impact - Hyundai and Kia have already incurred a combined financial hit of approximately $4.98 billion (7.2 trillion won) from U.S. tariffs last year [1][1]. - The company president cautioned that if tariffs are raised back to 25%, the financial impact could increase significantly this year [1][1]. - The Trump administration has threatened to escalate tariffs on sectors including autos, which could weaken the competitiveness of Korean companies [1][1]. Group 2: Legislative Urgency - Hyundai is urging the South Korean government to swiftly pass legislation related to the $350 billion U.S. investment package, which is part of a trade deal aimed at reducing tariffs from 25% to 15% [1][1]. - The South Korean government has committed to adhering to the trade deal reached last year, despite the ongoing tariff threats from the U.S. [1][1]. Group 3: Industry Challenges - The auto industry is facing a "major crisis" due to the existing U.S. tariffs, with ongoing transitions to electric vehicles and increased competition in autonomous driving [1][1]. - There are concerns that sector-specific tariffs, particularly in steel and autos, are likely to remain in place, further complicating the industry's recovery [1][1].