Group 1: Trade and Tariffs - Taiwan has secured Most Favoured Nation (MFN) tariff treatment for all items under Section 232, which is expected to protect high-tech semiconductor supply chains from US tariff volatility [2][8] - The US Supreme Court ruled 6-3 that the President exceeded his authority under the International Emergency Economic Powers Act (IEEPA) to impose global tariffs, reaffirming that tariff powers primarily rest with Congress [3][8] - In response to the Supreme Court ruling, the White House is considering alternative trade measures, including a new 10% temporary import surcharge under Section 122 of the Trade Act of 1974 [4][8] Group 2: Corporate Financials - Altice France's total debts and liabilities have reached approximately €17 billion, indicating significant leverage accumulated during its expansion [5][8] - Creditors are reportedly becoming more aggressive as Altice France's founder, Patrick Drahi, attempts to restructure assets to maintain control [5] Group 3: Automotive Industry - The National Highway Traffic Safety Administration (NHTSA) has issued new recall filings affecting over 13,000 vehicles, including recalls from Triumph Motorcycles America Ltd. (8,849 vehicles), Toyota Motor Corporation (4,374 vehicles), and General Motors LLC (22 vehicles) [7][8]

Group 1 - NIO announced a new record of 170,305 battery swaps on February 20, 2026, marking a continuous three-day increase in swap volume since the Lunar New Year [1] - The top three battery swap stations on February 20 were located in Jiangxi, Anhui, and Jiangsu, with swap counts of 183, 171, and 165 respectively [1] - NIO achieved a milestone of 100 million battery swaps on February 6, 2026, and has established over 8,600 charging and battery swap stations nationwide, including more than 3,700 battery swap stations [3] Group 2 - The network of NIO's battery swap stations includes over 1,000 highway swap stations and connects 550 cities across 9 vertical and 11 horizontal routes, covering 16 major urban clusters [3]

美股频道更多独家策划、专家专栏，免费查阅>> 责任编辑：小讯 一位网友评论称："FSD最大的缺点在于它无法通过语言来触发操作。如果你能告诉它"在门口附近找个 停车位"或者"过一个街区后右转"，汽车就不用猜测了。"马斯克回应称："即将推出。" ...

该用户表示，他今早"开车"去参加一场会议，从自家车道到目的地停车位，全程约 30 英里（IT之家 注：约 48.3 公里）路程均由 FSD 驾驶，自己几乎未进行主动干预。据称，由于其在行驶过程中注意力 主要集中在其他事务上，几乎已经忘了自己在开车这件事。 该用户同时对 FSD v14 版本的人工干预情况进行了说明。他表示，约 85% 的干预发生在寻找停车位阶 段，另有约 15% 的干预源于希望车辆选择不同路线。 另一名用户在评论区指出，当前 FSD 系统的主要不足在于无法通过自然语言下达指令，例如直接告诉 车辆"在靠近入口处寻找停车位"或"在下一个街区后右转"等。如果能够通过语言明确意图，车辆在路线 选择和停车决策时将无需自行推断。 针对这一评论，特斯拉 CEO 马斯克作出了简短的回应，称相关功能正在筹备之中。外界据此解读为， 特斯拉正在开发或计划推出支持语言提示的 FSD 交互功能。 IT之家 2 月 21 日消息，特斯拉车主 @pbeisel 今日在 X 上分享了其使用特斯拉 FSD 辅助驾驶系统的体 验，引发了关于系统交互方式的讨论。 目前，特斯拉 FSD 系统主要依赖车载摄像头、感知算法与导航数据进行 ...

Core Insights - The article highlights the remarkable turnaround of Leap Motor under the leadership of founder Zhu Jiangming, who has successfully navigated the company through significant challenges to become the sales champion among new energy vehicle manufacturers by 2025 [1][3]. Group 1: Company Performance - Leap Motor achieved cumulative deliveries of nearly 600,000 vehicles in 2025, representing a year-on-year growth of approximately 103%, surpassing competitors like Hongmeng Zhixing, Xiaopeng, Xiaomi, and Li Auto [3]. - The company recorded its first half-year profit in 2025, with a net profit of 30 million yuan, making it the second new energy vehicle manufacturer to achieve this milestone [3]. - Leap Motor's stock price experienced volatility, peaking at 76.3 HKD in August 2025 before declining to 45.28 HKD by February 2026, resulting in a market capitalization reduction to 64.4 billion HKD [7]. Group 2: Strategic Initiatives - Zhu Jiangming emphasizes cost control and has personally participated in procurement decisions exceeding 2 million yuan, reflecting a frugal approach to business operations [3][4]. - The company adopted a "half-price ideal" strategy, offering vehicles with features comparable to those priced at 400,000 yuan for under 200,000 yuan, which has been pivotal in its market positioning [4][5]. - Leap Motor has established a strong foothold in the international market, exporting 60,000 vehicles in 2025, aided by a strategic partnership with Stellantis, which invested 1.5 billion euros in the company [6]. Group 3: Future Challenges - Leap Motor aims to transition from being perceived as a "new force" to a "world-class automaker," setting ambitious sales targets of over 4 million vehicles annually, with 2026 being a critical year for achieving the "million vehicle" milestone [9][10]. - The company faces increasing competition and market pressures, particularly in the high-end vehicle segment, where it plans to launch new models priced around 300,000 yuan [10]. - Recent challenges faced by competitors, such as Li Auto's significant drop in sales and profitability, highlight the fragile nature of profitability in the new energy vehicle sector, necessitating careful navigation of growth and market positioning for Leap Motor [10].

一位网友评论称："FSD最大的缺点在于它无法通过语言来触发操作。如果你能告诉它"在门口附近找个 停车位"或者"过一个街区后右转"，汽车就不用猜测了。" 一位网友评论称："FSD最大的缺点在于它无法通过语言来触发操作。如果你能告诉它"在门口附近找个 停车位"或者"过一个街区后右转"，汽车就不用猜测了。" 马斯克回应称："即将推出。" 责任编辑：于健 SF069 马斯克回应称："即将推出。" 责任编辑：于健 SF069 ...

Core Viewpoint - Tesla's decision to discontinue the Model S and Model X is part of a strategic evolution towards a focus on autonomy rather than a retreat from the electric vehicle market [1][2]. Group 1: Production Decisions - The Model S and Model X are higher-cost models that do not significantly contribute to Tesla's sales, with only 4,000 units delivered in the last quarter, representing just 1.2% of total deliveries [4]. - The market is shifting towards lower-cost models, as evidenced by the decline in Model S/X sales and the production of more affordable versions of the Model 3 and Model Y [5]. - Tesla is reallocating production space at its Fremont factory, previously used for the S and X, to manufacture its Optimus robot as part of a $20 billion capital spending commitment by 2026 [6]. Group 2: Market Trends and Future Direction - The automotive industry is moving towards an autonomous future, with Tesla making gradual progress towards achieving autonomous robotaxis, unlike competitors who have struggled in this area [8]. - The cost dynamics of electric vehicles favor heavy usage, particularly in taxi applications, which will be enhanced by the introduction of dedicated robotaxi vehicles like the Cybercab [9]. - Discontinuing the Model S and Model X aligns with current market conditions and the overall direction of the EV market, marking a natural evolution in Tesla's business strategy [12].

After driving the China-made Xiaomi SU7 electric car on U.S. roads, @JoannaStern asks why American automakers are so far behind—and when these advanced vehicles will make it here. 🔗 https://t.co/HUXRpJ6IIW https://t.co/1xeZeaoaHR ...

华夏时报记者 刘凯 张家口报道 春节期间，河北张家口市涿鹿县街头车流涌动。记者在轩辕路路口等候红灯时观察四周，前后左右四辆 车中，有两辆悬挂绿色号牌，分别为一辆极氪001与一辆五菱宏光MINI。两年前的同一时段，记者也曾 在该路口进行过统计，连续三个红绿灯周期，仅见一辆新能源车，且为外地牌照。 彼时尚属罕见的绿牌车，如今已成为县城早晚高峰车流中的常见面孔，密集停放于轩辕路两侧的停车 位。2025年，国内新能源市场渗透率达47.9%，12月单月首次突破50%，连续十一年位居全球首位。涿 鹿县虽无具体统计数据，但绿牌车在道路上的密集程度，较统计数据更具直观说服力。 然而，仅凭上述现象也不能说明"县城新能源市场爆发式增长"。记者经过实地走访，与经销商及车主深 入交流后发现，市场增长确为事实，但也伴随多重变量。 比渗透率更具表征意义的，是品牌结构与车型品类的变化。两年前，涿鹿街头的绿牌车以五菱宏光 MINI、长安奔奔等售价三四万元的小型车为主，核心卖点在于满足基础代步需求。如今，此类车型虽 仍占主流，但特斯拉、理想、蔚来等售价30万元级别的车型也已常见于县城街头。春节期间，记者在小 区门口观察二十分钟，记录到13辆绿 ...

Core Points - The Supreme Court ruled that tariffs imposed under the International Emergency Economic Powers Act (IEEPA) exceeded President Trump's authority, leading to the removal of a significant batch of tariffs [1][6] - Tariffs enacted under Section 232 of the Trade Expansion Act of 1962, aimed at protecting U.S. national security, remain in effect [2] Automotive Industry - Foreign vehicles and auto parts are still subject to a 25% tariff, which was implemented to encourage U.S. manufacturing [4] - Automakers are facing substantial financial impacts due to these tariffs, with Mercedes-Benz reporting a $1.2 billion hit to earnings in 2025 [5] - Ford anticipates a tariff bill similar to last year's $2 billion, while General Motors expects a $3.1 billion charge in 2025 and an additional $3 billion to $4 billion in 2026 [7] Furniture Industry - The furniture sector is affected by a 25% tariff on upholstered couches, kitchen cabinets, and vanities, which is set to increase to 50% in 2027 [11] - This industry is particularly sensitive to tariffs due to the high volume of imported goods [11] Steel and Aluminum Industry - Steel and aluminum imports continue to face a 50% tariff, impacting companies in home appliances, electronics, and beverage industries [13] Semiconductor Industry - A 25% tariff on certain semiconductors and chipmaking equipment remains in place, which took effect last month [14] Pharmaceutical Industry - While tariffs as high as 250% on pharmaceuticals have been avoided, there is potential for future tariffs under Section 232 if agreements with drugmakers are reversed [15][16] - Major pharmaceutical companies have agreed to lower drug prices to avoid tariffs for at least three years [16]