每经记者｜刘曦 每经编辑｜裴健如 8月29日，第二十八届成都国际汽车展览会（以下简称成都车展）正式拉开帷幕。作为下半年国内首个A级车展，成都车展不仅是车企 冲刺"金九银十"销售旺季的重要舞台，更承担着推动技术落地、链接全球产业链与激活区域消费的特殊使命。 受访者供图 当前，全球汽车产业正全面迈入智能化竞争新阶段。中国电动汽车百人会副理事长兼秘书长张永伟指出，我国在智能驾驶技术应用方 面已处于全球领先地位，L2级辅助驾驶渗透率突破50%，位居世界第一。随着智能驾驶商业化迎来关键拐点，行业正从"技术验证"加 速转向"场景落地"。 在这一新旧动能转换背景下，车展的功能也在被重新定义——它不再仅是产品展示的窗口，更成为技术验证和商业化推广的关键平 台。尤其在全球新能源汽车蓬勃发展的浪潮中，成都车展正成为众多新兴车企竞相展示最新智能化技术的重要舞台。 智驾竞逐进入"成都时间" 中汽协数据显示，2025年1月~7月，新能源汽车产销分别完成823.2万辆和822万辆，其中，新能源汽车新车销量占汽车新车总销量的 45%。四川省汽车流通协会数据显示，今年1月~6月，四川全省汽车销售达54.4万辆，成都同期汽车销量达30万辆，占 ...

第二十八届成都国际汽车展览会（以下简称"2025成都车展"）即将开幕，西南车市再度迎来"排位赛"。 8月21日，北京商报记者从2025成都车展组委会获悉，本届车展共吸引近120个汽车品牌参展，覆盖整 车、改装车、人形机器人及三电系统等全产业链热点，展览总规模扩大至22万平方米。自主品牌强 势"扩馆"、豪华阵营密集发布新品——在这场中西部规模最大的A级车展上，车企不仅秀出产品实力， 更提前释放出车市竞争新走向。随着国产车市场份额持续攀升，成都车展正成为预判下一阶段市场格局 的关键风向标。 据了解，2025成都车展将于今年8月29日—9月7日举行，展期10天。作为国内四大A级车展之一，同时 也是西部地区唯一A级车展，成都车展被称为西南车市风向标。公安部统计数据显示，截至今年6月 底，全国机动车保有量达4.6亿辆。其中，成都、北京、重庆汽车保有量超600万辆。汉诺威米兰展览会 （中国）有限公司董事总经理刘国良透露，去年成都车展达成车辆订单3.36万辆，成交总额超58亿元， 单车均价突破17.4万元。 西南市场的强劲购买力，也让成都车展成为豪华车企的必争之地。据了解，2025成都车展上，梅赛德 斯-奔驰将推出全新AM ...

Core Insights - The 2025 Chengdu International Auto Show is set to attract nearly 120 automotive brands, expanding its exhibition area to 220,000 square meters, highlighting the competitive landscape of the automotive market in Southwest China [1][3] - The show serves as a key indicator for the next phase of market dynamics, with domestic brands increasing their market share, reaching 70.1% in July 2023, and showcasing a strong presence at the event [3][4] Group 1: Event Overview - The 2025 Chengdu Auto Show will take place from August 29 to September 7, 2024, and is recognized as one of the four major A-level auto shows in China [3] - Last year's event resulted in 33,600 vehicle orders and a total transaction value exceeding 5.8 billion yuan, with an average vehicle price surpassing 174,000 yuan [3] Group 2: Brand Participation - Major domestic brands such as NIO, Li Auto, Xpeng, and BYD will participate, with dedicated exhibition areas for Chery, Changan, and BYD [4] - The show will feature significant expansions in exhibition space for brands like Great Wall, Geely, and BAIC, indicating a competitive push among domestic manufacturers [4] Group 3: Luxury and New Energy Vehicles - Luxury brands will also make a strong showing, with Mercedes-Benz unveiling the new AMG CLE 53 4MATIC+ convertible and BMW showcasing the official replica of the BMW M3 E46 GTR [5] - The event will highlight the launch of new energy vehicle brands and models, including the introduction of a new high-end electric sub-brand by SAIC-GM Buick [5] Group 4: Technological Innovations - The show will feature advanced technologies, including the introduction of AI robots and new battery technologies, signaling a trend towards the integration of transportation and smart technology [6] - Notable innovations include the Xiaopeng AI robot Iron, which can control in-car devices and assist with luggage handling, and new battery solutions from CATL [6]

Group 1 - Xiaopeng Motors aims to launch humanoid robots for industrial and commercial applications by 2026, with the fifth-generation robot featuring Turing chips to enhance computational power and learning capabilities [1] - The company has been actively investing in the robotics sector since acquiring Dogotix in December 2020, and has released its first bipedal humanoid robot, PX5, in October 2023 [1] - Xiaopeng's AI robot, Iron, is set for mass production in 2026, with a 1:1 bionic design and advanced AI capabilities, including a 720° vision system [1] Group 2 - The humanoid robot industry is entering a "technology breakthrough → mass production cost reduction → scenario penetration" golden cycle, with significant investment potential expected by 2025 [2] - In Q1 2023, Xiaopeng Motors reported revenue of 15.8 billion yuan, a year-on-year increase of 141.5%, and a net loss of 660 million yuan, improving from a loss of 1.37 billion yuan in the same period last year [2] - The total vehicle delivery for the company reached 94,000 units in Q1 2023, a year-on-year increase of 330.8%, with projected deliveries for Q2 expected to be between 102,000 and 108,000 units, representing an annual increase of approximately 237.7% to 257.5% [2]

摘要 ► 本 周数据： 2025年4月第2周（4.7-4.13）乘用车销量35.1万辆，同比+13.1%，环比+4.0%；新能源乘用车销量18.5万辆，同比+27.2%，环比+9.9%；新能源渗透率52.8%，环 比+2.8pct。 ► 本周行情 ： 汽车板块本周表现弱于市场 本周（4月16-4月18日）A股汽车板块下跌0.39%，在申万子行业中排名第28位，表现弱于沪深300（+1.45%）。细分板块中，汽车服务、商用载货车、摩托车及其 他分别上涨2.18%、2.09%、0.28%，乘用车、商用载客车、汽车零部件分别下跌0.29%、0.29%、0.76%。 ► 本周观点： 本月建议关注核心组合【比亚迪、吉利汽车、小鹏汽车、小米集团、伯特利、拓普集团、新泉股份、沪光股份、春风动力】。 ► 2025上海车展："拥抱创新共赢未来" 机器人： 汽车零部件公司具有强客户卡位优势、强批量化生产能力，且主业产品与机器人具有高度相通性。汽车主机厂纷纷入局人形机器人赛道，机器人供应链与车端将有 较高重合度。推荐有业绩、有能力、估值相对低位的汽配机器人标的： 【拓普集团、伯特利、爱柯迪、双环传动、银轮股份】 ，建议关注 【豪能 ...

Core Viewpoint - Xpeng Motors is advancing its self-research capabilities with a clear roadmap for self-developed chips, robotics, intelligent driving, and foundational models, expecting strong sales and revenue growth in the coming years [1][2]. Group 1: Product Launch and Sales Expectations - Xpeng Motors has launched the new X9 electric MPV, starting at a price of 359,800 yuan, with expectations for sales to surpass previous models [1][5]. - The X9 is available in four versions, all equipped with Turing AI driving technology and featuring zero-gravity seats in the rear [5]. - The company anticipates a strong product cycle with the upcoming G7 and extended-range models later this year [1]. Group 2: AI and Autonomous Driving Developments - Xpeng has revealed its development of a 720 billion parameter large-scale autonomous driving model, named the "Xpeng World Base Model," which is set to support advanced driving capabilities [2][4]. - The company has established a computing cluster to support the training of this model, achieving a computing power of 10 EFLOPS with high operational efficiency [3]. - The model is designed to perform complex reasoning and interaction with the physical world, enhancing the capabilities of future intelligent driving systems [4]. Group 3: Chip Development and Future Technologies - The Turing AI chip, designed for high-performance AI applications, is expected to begin mass production in the second quarter of 2025, providing significant computational power for autonomous driving and robotics [6]. - Xpeng's plans include the mass production of flying cars by 2026 and the industrial-scale production of the IRON robot, which will utilize the Turing AI chip [6].