Core Insights - Joint ventures in the automotive industry are seeking partnerships to accelerate their smart technology development [2][5] - SAIC-GM's Buick brand has launched the Buick Zhijing L7, which features advanced AI capabilities and a new hybrid power system [4][6] Group 1: Strategic Partnerships - SAIC-GM has signed a strategic cooperation agreement with autonomous driving technology company Momenta to integrate the Momenta R6 Flywheel model into the Buick Zhijing L7 [2][5] - The collaboration goes beyond simple technology procurement, involving joint development at the underlying architecture level [5] Group 2: Product Features - The Buick Zhijing L7 is equipped with Qualcomm's 8775 cockpit chip, which has an AI computing power of 72 TOPS, enhancing its smart cockpit capabilities [4] - The vehicle features a "True Dragon" range-extended hybrid system, offering a pure electric range of 302 kilometers and a total range of 1400 kilometers [4] Group 3: Market Performance - SAIC-GM's sales have significantly declined, with a 56.54% drop in sales to 435,000 units in 2024, leading to a revenue decrease of 52.68% to 68.747 billion yuan [6] - The company reported a net loss of 26.688 billion yuan in 2024, contrasting sharply with a profit of 2.54 billion yuan in 2023 [6] Group 4: Future Plans - SAIC-GM plans to launch 12 new energy models this year, covering pure electric, plug-in hybrid, and range-extended technologies [6]