Core Insights - Yuanrong Qixing has signed an agreement with the Wuxi municipal government to establish a testing and R&D base, accelerating the deployment of its Robotaxi business [1] - The company plans to launch its Robotaxi service using consumer-grade mass production vehicles by the end of this year, making it the first in the country to do so [1] - Yuanrong Qixing's approach differs from the industry norm by utilizing consumer-grade vehicles without the need for customized sensors and hardware, resulting in lower deployment costs and enhanced system stability [1] Technology and Data - The Robotaxi vehicles share the same technical framework as existing mass production vehicles, allowing for mutual enhancement of technology [1] - Approximately 150,000 mass production vehicles equipped with Yuanrong Qixing's advanced driving assistance system have been delivered, generating substantial high-quality data in complex urban environments [1] - The real-time data and extreme scenario experiences from these vehicles will continuously improve the Robotaxi models, creating a synergistic feedback loop that enhances system efficiency [1] Market Potential - According to ZhiShi Consulting, the annual compound growth rate of China's Robotaxi market is projected to reach 140.7% from 2025 to 2030, indicating significant development potential and commercial value [2] - Yuanrong Qixing aims to deepen its focus on a "mass production vehicle-centric" Robotaxi technology path, establishing a more open, efficient, and sustainable smart mobility service [2]

Core Insights - The smart brand's first plug-in hybrid model, the EHD Super Electric Hybrid, was unveiled on October 28, showcasing advancements in assisted driving technology [1] - The CEO of Yuanrong Qixing, Zhou Guang, emphasized the evolution of assisted driving from traditional "experienced drivers" to AI Agents, indicating a significant trend in the industry [1] - Yuanrong Qixing has delivered nearly 150,000 vehicles equipped with its assisted driving system, demonstrating the engineering maturity and scalability of its solutions [1] Company Collaboration - The partnership between smart and Yuanrong Qixing began in 2022, making smart the first international automotive brand to adopt a "map-free" urban NOA solution [2]

Core Insights - The smart brand has launched its first plug-in hybrid model, the精灵5号EHD超级电混 (referred to as精灵5 EHD插混) [1] - The vehicle's advanced driver assistance system, provided by Yuanrong Qixing, successfully navigated various challenging urban driving scenarios without requiring driver intervention during a 30.9 km test [1] - The system demonstrated capabilities such as natural interaction with pedestrians, bicycles, and electric vehicles, as well as quick responses to sudden appearances of small animals [1] - The system can accurately identify emergency vehicles like police cars and ambulances, enhancing safety by allowing timely yielding [1] - Yuanrong Qixing's CEO revealed that nearly 150,000 vehicles equipped with their driver assistance system have been delivered, indicating the engineering maturity and scalability of the solution [1] Summary by Categories Product Launch - The smart brand's first plug-in hybrid vehicle, the精灵5 EHD插混, has been officially released [1] Technology and Features - The advanced driver assistance system can handle complex urban driving situations, achieving "zero takeover" during a 30.9 km test [1] - The system is capable of natural interactions with various road users and can respond effectively to unexpected obstacles [1] - It includes features for recognizing and yielding to emergency vehicles, thereby improving overall driving safety [1] Market Performance - Yuanrong Qixing has delivered nearly 150,000 vehicles with its driver assistance technology, showcasing the solution's maturity and the establishment of a stable data system for continuous technological iteration [1]