Group 1 - The company announced that it will hold a workers' representative meeting on August 8, 2025 [2] - Lu Caijuan has been democratically elected as the employee director of the company's eighth board of directors [2]

Honda’s family weekender, the Passport Trailsport, is an off-roader targeting Toyota’s 4Runner TRD. Dan Neil chews through miles of ravine and is suitably impressed. https://t.co/YCwMh6AMWp ...

Core Insights - Harley-Davidson is experiencing heightened uncertainty due to shifting tariffs and trade policies, leading to the withholding of its 2025 guidance for Harley-Davidson Motor Company (HDMC) [2][9] - The company is facing a decline in wholesale shipments as dealers maintain tighter inventory levels, which is expected to pressure top-line volumes [2][9] - LiveWire, the electric vehicle segment, is encountering challenges in the broader EV market, including delayed adoption and insufficient charging infrastructure [3][9] - Harley-Davidson Financial Services (HDFS) is under pressure from rising interest rates, lower dealer inventory levels, and growing credit stress among lower-tier consumers [4][9] - The company's elevated debt levels, with a total debt-to-capital ratio of approximately 0.70 as of June 30, 2025, constrain financial flexibility and growth initiatives [5] Segment Analysis - Harley-Davidson has three reportable segments: HDMC, HDFS, and LiveWire, each facing unique challenges [1] - The motorcycle segment (HDMC) is likely to see reduced wholesale unit demand due to better alignment of dealer inventories with consumer demand [2] - LiveWire's growth trajectory is hindered by a lack of consumer incentives and a less supportive regulatory environment for electric vehicles [3] - HDFS is experiencing increased borrowing costs due to rising interest rates and reduced commercial balances from lower dealer inventories [4] - The company's high leverage limits its ability to pursue growth initiatives amid ongoing capital requirements [5]

董事会议事规则 此规则经公司 2025 年临时股东大会审议通过 （2025 年 8 月 8 日） 第一章 总则 长城汽车股份有限公司 第一条 为了确保长城汽车股份有限公司 (以下简称"公司")的规范化运 作，提高董事会的工作效率和依法科学决策水平，规范董事会的组成、职责、 权限和运作程序，维护公司利益和股东合法权益，根据《中华人民共和国公司 法》 （以下简称"《公司法》"）、 《中华人民共和国证券法》（以下简称"《证券法》"）、 《上市公司治理准则》、《上海证券交易所股票上市规则》（以下简称"《上交所 上市规则》"） 、《香港联合交易所有限公司证券上市规则》（以下简称"《联交所 上市规则》"） （前两者合称" 《上市规则》"）、 《长城汽车股份有限公司章程》（以 下简称"《公司章程》"）及其他法律法规、规章、规范性文件，制定本规则。 第二章 董事会的职权和责任 第二条 董事会按照《公司章程》规定行使职权，负责召集股东会，向股 东会报告工作，执行股东会的决议，对股东会负责。 第三条 董事会是公司的常设决策机构，在公司发展战略、经营计划、财 务监控、人事管理等方面依照本规则行使决策权。 第四条 董事会对公司发展战 ...

以下文章来源于智驾最前沿 ，作者陈云培 智驾最前沿 . 自动驾驶领域专业的技术、资讯分享全媒体平台。我们的slogan是：聚焦智能驾驶 ，紧盯行业前沿。 作者 | 陈云培 来源 | 智驾最前沿 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 本文只做学术分享，如有侵权，联系删文 自动驾驶车辆要在复杂多变的道路环境中安全行驶，不仅需要 "看见"前方的车辆、行人和路面标志，还需要"读懂"交通标识上的文字提示、施工告示牌和乘客 的语言指令。 之前 和大家讨论过 VLA ， 了解到 视觉 -语言-动作模型 ，但在很多场景中，大家还会提到 VLM，看起来与VLA非常类似，那VLM又是个啥？ 与VLA （ Vision-Language-Action，视觉-语言-动作） 又有什么区别？ 什么是VLM? 如何让VLM高效工作？ VLM可以将一帧原始的道路图像转换为计算机能处理的特征表示。这一过程通常由视觉编码器完成，主流方案包括卷积神经网络（CNN）和近年来兴起的视觉 Transformer（ViT）。它们会对图像进行 ...

Group 1 - The article focuses on the Asia Value & Moat Stocks research service, which targets value investors looking for Asia-listed stocks with significant discrepancies between price and intrinsic value [1] - The service emphasizes deep value balance sheet bargains, such as net cash stocks and low price-to-book (P/B) stocks, as well as wide moat stocks that represent high-quality businesses [1] - The author provides a range of watch lists with monthly updates, particularly concentrating on investment opportunities in the Hong Kong market [1]

智通财经APP获悉，周五，蔚来(NIO.US)涨逾2%，报4.80美元。消息面上，本月初，蔚来CEO李斌在微 博发文表示，乐道L90上市交付三天，已经闯入大型SUV整周销量TOP3，并在继续加快生产交付速度。 西部证券研报指，乐道L90满配不超30万元，定价凸显性价比。舒适性配置与全车内外大空间的组合， 也十分适合大家庭、长途旅行群体，预计销量有望超预期。 ...

Core Viewpoint - Tesla's stock has shown volatility, with a recent increase of over 3.5%, indicating a potential bullish breakout amidst mixed sentiments from investors [1][2]. Group 1: Bullish Case - Tesla's recent earnings report was stronger than anticipated, with a less sharp revenue decline and a modest rebound in operating margins [3]. - CEO Elon Musk remains optimistic about the company's future, reaffirming timelines for new vehicle launches and advancements in autonomous technology [5]. - Analysts continue to support Tesla's long-term growth story, citing advantages in EV manufacturing and software-driven margins, with a potential surge in momentum buying if the stock breaks above resistance levels [7]. Group 2: Bearish Case - Tesla's operating income fell by 42% last quarter, and free cash flow dropped nearly 90%, raising concerns about the company's sustainability given its high valuation [9]. - A class-action lawsuit has been filed against Tesla, alleging the company concealed safety issues related to its autonomous vehicles, which could harm its reputation [10]. - In Germany, while new electric vehicle registrations increased by 58%, Tesla's registrations plummeted by over 50%, suggesting a decline in brand appeal amid intensifying competition [11]. Group 3: Current Market Position - Tesla is at a critical juncture, with both bullish technical indicators and bearish fundamental concerns creating a precarious situation [12]. - A decisive move above the $330 level could reestablish bullish momentum, while a breakdown below support could lead to a significant correction [13].

Core Viewpoint - The launch of the Geely Galaxy A7 positions it as a new benchmark for global family sedans, with a starting price of 81,800 yuan, showcasing advanced technology and features aimed at redefining the electric hybrid sedan market [1][3]. Pricing and Variants - The Geely Galaxy A7 is available in seven variants, with prices ranging from 81,800 yuan to 117,800 yuan, and includes promotional offers for early buyers [2][3]. Technological Advancements - The vehicle is built on the GEA global intelligent new energy architecture and features the Thor AI hybrid 2.0 system, achieving a fuel consumption of 2.67L per 100km under CLTC conditions, and has set a Guinness World Record for fuel efficiency with a measured consumption of 2.47L [3][4]. Performance and Range - The Galaxy A7 boasts a comprehensive range of over 2,100 km and can charge from 30% to 80% in just 18 minutes, addressing range anxiety for users [4][6]. Interior and Comfort Features - The car offers a spacious interior with a wheelbase of 2,845 mm and a length of 4,918 mm, providing the largest cabin space in its class, along with luxury features such as a 10-layer cotton candy SPA seat and a 535L trunk [6][7]. Safety and AI Integration - The vehicle incorporates advanced safety features, including a unique battery safety system and a comprehensive AI-powered cockpit that enhances user experience through voice control and navigation capabilities [7][6]. Autonomous Driving Capabilities - The Galaxy A7 is equipped with the H3 autonomous driving system, featuring multiple sensors and high computing power, enabling advanced driving assistance functions such as highway navigation and automatic parking [7].

🚨 Tesla Robotaxi LLC is now listed as a transportation network company licensee with the Texas Department of Licensing and RegulationTesla has been granted a rideshare license in Texas, paving the way for the electric-vehicle maker to operate its robotaxi service under new regulations governing autonomous vehicles in the state.The license recently became necessary under a new state law that takes effect Sept. 1 that regulates rideshare operations using autonomous vehicles the same as those services using hu ...