Core Viewpoint - Geely is restructuring its smart driving teams by integrating them into a newly established company, Qianli Zhijia, aiming to enhance efficiency and reduce costs while facing challenges in technology integration and collaboration [1][2][6]. Group 1: Team Integration and Structure - Geely is merging multiple smart driving teams, including Zeekr's smart driving team (approximately 1,300 people), Geely Research Institute's smart driving center (around 1,000 people), and smart's driving team (about 100 people) into Qianli Zhijia [2]. - Qianli Zhijia was established in June this year and is co-owned by several entities, including Megvii's autonomous driving company and Geely's subsidiaries, with an expected team size of around 3,000 after integration [2][3]. Group 2: Strategic Intent and Financial Implications - The integration is part of Geely's broader strategy to optimize its smart driving assets, with plans to exchange these assets for a 30% stake in Qianli Zhijia [4][5]. - Geely's investment in Qianli Zhijia is characterized as an industrial investment, indicating a shift towards a supplier relationship rather than maintaining in-house development [6]. Group 3: Challenges and Market Position - The restructuring is seen as a response to inefficiencies within Geely's research teams, which have been criticized for low output despite large team sizes [9][14]. - The integration aims to consolidate resources and improve cost efficiency, but it raises concerns about Geely's long-term control over technology and innovation capabilities [14][15]. Group 4: Future Outlook - The success of this integration will depend on the ability of the newly formed team to leverage combined expertise and deliver effective smart driving solutions [10][12]. - Geely's approach reflects a pragmatic response to the high costs and low returns associated with smart vehicle development, but it may also limit its technological independence in the long run [14][15].

今年 4 月的上海车展，将是极氪超级电混、L3 智能驾驶系统首次接受检验。 在 30 万元市场年销量超过 70 万辆，这是 BBA 过去三年在中国划下的基准线。中国自主车企大多以此作 为冲击豪华市场的门槛，这也是极氪和领克整合为 "极氪科技集团" 后第一年就要挑战的目标。 当电动化抹平动力性能的代差后，中国品牌通过技术创新和配置升级，改变了消费者对国产车 "廉价" 的 认知，挑战豪华品牌用历史沉淀和机械性能构建品牌壁垒。 但豪华市场的入场券不仅是销量数字，更是技术、效率和体系能力的综合较量。 极氪、领克是吉利控股集团的两大核心品牌。过去，两个品牌定位都在 20 万元以上高端市场，产品互有 重合，研发团队独立，有时会内部竞争。 去年 9 月，吉利以《台州宣言》为标志开始战略整合，关停并转、聚集资源，几何从一个独立品牌变成一 个系列，雷达、翼真归入吉利汽车。最能体现整合决心、行业也最关注的，大概就是极氪、领克的整合。 领克诞生于吉利希望用自主高端品牌进入主流合资市场之际，燃油、插混和纯电三条路线并行；极氪则是 在中国汽车产业加速向电动化代际迁移的时候，从领克独立并定位豪华纯电。 2 月 14 日，两大品牌正式整合 ...