Core Viewpoint - The humanoid and intelligent service robot sector is recognized as a potential $10 trillion market, with Chery Automobile positioning itself as a leader by achieving mass production and delivery of robots, marking a significant technological and strategic advancement in the industry [1][18]. Group 1: Chery's Strategic Positioning - Chery has successfully completed the mass production of 220 Mornine humanoid robots by April 2025, becoming the first automotive company globally to achieve this milestone [1]. - The company has also delivered over 1,000 units of its Argos robotic dog, indicating a new phase of large-scale application [1]. - Chery's strategic focus on technology-driven growth has allowed it to ignite a second growth engine beyond its core automotive business [1][6]. Group 2: Technological Advancements - The Mornine robot has transitioned from a promotional virtual image to a functional intelligent assistant capable of executing tasks in real environments, achieving a technological leap from L2 to L3 capabilities [3]. - Chery's "Intelligent Construction of the Whole Domain" technology system supports the Mornine robot's advanced features, including multi-modal perception and independent task execution [3][9]. - The integration of automotive and robotic technologies allows for significant cost reductions in research and manufacturing, leveraging shared resources and expertise [8][9]. Group 3: Market Expansion Strategy - Chery has outlined a three-step strategy for expanding the Mornine robot's application: deepening automotive scenarios, expanding into public services, and ultimately entering household services [4]. - The company aims to sell over 40,000 robots and 90,000 robotic dogs by 2030, targeting a significant scale-up in production and market presence [4]. - Chery's robots have already been deployed in over 30 countries, including Malaysia, Indonesia, and the UAE, showcasing their global reach [13]. Group 4: Globalization and Market Penetration - Chery's established global channels and strong export performance, with 136,700 vehicles exported in November 2025 alone, provide a solid foundation for its robot business [12]. - The company has built a robust global operational system, with over 18.28 million users worldwide, facilitating the rapid entry of its robots into international markets [12]. - Chery's robots have received essential certifications for entry into the European market, further enhancing their global competitiveness [13]. Group 5: Financial Performance and Market Recognition - Chery's automotive sales reached 2.5615 million units in the first eleven months of 2025, with a notable 69.4% increase in electric vehicle sales [14]. - The company's diverse brand matrix supports its financial strength, providing resources for the development and market expansion of its robotic business [17]. - Analysts have recognized Chery's strategic positioning and growth potential, with positive ratings reflecting confidence in its long-term value [14].

Core Insights - Tesla's founder Elon Musk announced that the Optimus V3 humanoid robot is expected to enter mass production, while domestic manufacturers are accelerating their own humanoid robot developments [1] - Chery's Moja Robot is set to publicly launch its products in October 2023, targeting both dealers and individual consumers [1][2] Company Developments - Moja Robot, established in January 2023 with a registered capital of 100 million yuan, is fully owned by Chery and focuses on the sales and development of intelligent and industrial robots [2] - The Moja humanoid robot "Mo Yin" was first showcased at Chery's intelligent strategy launch in March 2023 and has since demonstrated its capabilities in various settings, including a global delivery of 220 units to overseas dealers [2][3] - Chery's Moja Robot aims to expand its application from 4S dealership scenarios to public services and eventually to home services [2] Product Specifications - The Moja Robot stands 167 cm tall, weighs 65 kg, has 41 degrees of freedom, and can walk at a maximum speed of 1 m/s with a battery capacity of 0.7 kWh, providing a 2-hour operational time [3] Industry Trends - Over 20 domestic and international automakers, including Xiaomi, SAIC, and BYD, are reportedly advancing into the humanoid robot sector, indicating a growing trend in the automotive industry [4] - The integration of automotive manufacturing expertise into humanoid robotics is expected to enhance production efficiency and product quality, leveraging shared technologies such as sensors and AI [4]