Core Viewpoint - The article highlights the impact of policy adjustments and changes in consumer behavior on the Chinese new energy vehicle (NEV) market in January 2026, indicating a cautious outlook for February due to these factors [1]. Market Overview - The NEV market in January faced dual short-term pressures: adjustments in the purchase tax policy and promotional activities by car manufacturers to meet annual targets, which led to a preemptive consumption demand [1]. - The New Year holiday compressed the sales window, placing the market in a demand recovery phase [1]. - Key variables influencing the market include policy alignment and consumer expectations, with some local subsidy application details yet to be finalized, leading to a wait-and-see attitude among consumers [1]. Company Performance - **BYD**: Achieved a passenger car sales volume of 205,518 units in January, maintaining a significant lead in the NEV sector [2][5]. - **Geely**: Reported total sales of 270,167 units, with 124,252 units being NEVs, showing a strong performance across its brands [6][9]. - **Harmonious Intelligence**: Delivered 57,915 units, driven by strong demand for its models and successful technology integration [3][11]. - **Chery**: Sold 52,131 NEVs out of a total of 200,269 units, with a notable year-on-year growth exceeding 50% in the NEV segment [12][15]. - **Xiaomi**: Recorded over 39,000 units delivered, with upcoming models expected to boost sales further [16][18]. - **Leap Motor**: Achieved 32,059 units in deliveries, marking a 27% year-on-year growth despite the seasonal slowdown [6][20]. - **NIO**: Delivered 27,182 units, with the ES8 model showing significant sales momentum [7][23]. - **Li Auto**: Reported 27,668 units delivered, maintaining a positive outlook despite competitive pressures [8][25]. - **GAC Aion**: Sold 21,635 units, benefiting from brand integration and new model launches [9][27]. - **XPeng**: Delivered 20,011 units, with plans for new model releases enhancing its market presence [10][31]. - **Great Wall Motors**: Recorded 18,029 NEV sales, with a focus on high-end markets and international sales [11][34]. - **Lantu**: Achieved 10,515 units delivered, with ongoing product development and partnerships [12][36]. - **BAIC New Energy**: Sold 11,169 units, with a focus on high-end models and technological advancements [13][38]. - **Zhi Mi**: Delivered 5,017 units, expanding its product line with new models [14][39]. - **Extreme Stone**: Achieved 1,028 units delivered, with plans for global market expansion [15][42].

Core Viewpoint - The release of the national standard GB17675-2025 for automotive steering systems marks a significant milestone for China's intelligent automotive industry, laying the regulatory foundation for the large-scale application of advanced steering technologies like steer-by-wire (SBW) [1][4]. Group 1: National Standard and Technological Advancements - The GB17675-2025 standard was developed by SAIC Motor Corporation in collaboration with the China Automotive Technology and Research Center and other authoritative institutions, indicating a collective effort to advance automotive technology [1]. - This standard supports the implementation of steer-by-wire technology, which is crucial for the future of intelligent vehicles [1][6]. Group 2: Product Launch and Features - The Zhiji LS9 Hyper version, a high-end electric vehicle under SAIC, will be the first model to achieve mass production in compliance with the new national standard, showcasing its advanced steer-by-wire capabilities [4]. - The LS9 Hyper version will feature the "full-blooded" Lingxi Digital Chassis 3.0 and a high-performance three-motor vector four-wheel drive system, enhancing driving performance and safety [4][6]. Group 3: Industry Impact and Future Outlook - The successful implementation of the new standard and the LS9 Hyper version positions SAIC and Zhiji as leaders in the high-end intelligent chassis sector, setting benchmarks for the global automotive industry [6]. - This initiative is expected to propel the intelligent mobility sector into a new era characterized by enhanced safety and efficiency [6].