蔚来自研芯片业务，独立实体曝光了。 更通俗来说，就是有了独立公司，类似华为旗下的芯片公司海思。 蔚来芯片业务，用4年时间，可建1000座换电站的研发投入，打造出一颗量产最高算力智驾(即智能辅助驾驶，下同)芯片神玑NX9031，将以独立实体的形 式，对外供应。 几乎同一时间，蔚来芯片业务也被曝出可能引入战略投资者，而独立的实体公司，也似乎是一种印证，至少在组织和公司机制上，铺平了道路。 实际上，这也不是传闻中蔚来近期唯一考虑出售股权的资产。锚定Q4盈利的蔚来，正在用各种方式为自己赢得未来。 蔚来自研芯片，成立独立实体 公开工商信息显示，合肥前两天成立了一家名为安徽神玑技术的公司，注册资本一度显示为1000万人民币，法人是白剑。 注册地址位于蔚来中国总部，楼下就是蔚来换电站。 神玑是蔚来自研智驾芯片的名称，分管硬件业务的蔚来副总裁就叫白剑，显然，这是蔚来为拆分自研智驾芯片业务注册的独立实体。 它们之间的关系类似于华为即将分拆的车BU和深圳引望，目前深圳引望的法人就是华为轮值董事长徐直军。 | 企查查行业 | 规模 | 员工 2024年 | 营业收入 2023年 | | --- | --- | --- | --- ...

Core Insights - Xiaopeng Motors has introduced the G7 SUV, which features the self-developed Turing AI chip, boasting an effective computing power of over 2200 Tops, significantly surpassing competitors' offerings [1][2] - The G7 is positioned as the first AI vehicle with L3-level computing power, with a starting price of 235,800 yuan [1][2] - The Turing chip aims to secure a five-year safety period for computing power, essential for future advancements in autonomous driving [1][2] Summary by Sections Product Launch and Features - The G7 SUV was unveiled on June 10, featuring three Turing AI chips, which collectively provide computing power equivalent to nine Orin-X chips [1] - The G7 is designed to meet the increasing demands for higher computing power in autonomous driving, with a pre-sale price starting at 235,800 yuan [1][2] Technology and Innovation - The Turing AI chip's effective computing power is claimed to be 3-28 times that of other industry chips, with current mainstream solutions offering around 508 Tops [1][2] - Xiaopeng's strategy includes local deployment of VLA-OL and VLM models, enhancing the vehicle's capabilities in both driving assistance and smart cockpit features [3][4] Market Position and Competition - The G7 is expected to fill the price gap between the G6 and G9 models, targeting the 200,000-250,000 yuan electric SUV market, where it will face competition from models like Xiaomi's YU7 and Li Auto's i6 [6] - The industry is witnessing a shift towards high-computing power solutions, with competitors like Tesla also advancing their hardware capabilities [5][6] Future Outlook - Xiaopeng aims to enhance the Turing chip's performance through ongoing optimizations, with expectations of significant feature updates via OTA in the coming months [8][9] - The company acknowledges the challenges of keeping pace with rapid technological changes in the autonomous driving sector, emphasizing the need for continuous innovation [6][14]

证券研究报告·行业研究·汽车与零部件 AI+汽车智能化系列之十一—— 2 ◼ 看好头部第三方智驾供应商突破机遇：智驾平权需求+性能追赶/量产验证共同驱动。 ➢ 第三方智驾供应商或成为二三线车企智驾平权最优方案：展望终局，我们认为头部车企与头 部智驾供应商都有望依托智能驾驶领域的积累拓展至具身智能大赛道，头部智驾供应商或成 为二三线车企智驾平权最优方案，预计头部智驾供应商的潜在市场份额为全部新车销量的 50%左右。 ➢ 理解本轮智能化对国产芯片端影响：智驾平权是主线，系统降本是暗线。车企竞争加剧/智 驾方案内卷的大背景下【全栈自研】成为车企当下考虑的次要因素，我们认为城市级别NOA 的智驾平权正在加速到来。车企对于功能上车的思路永远兼顾性能和成本，目前看即将落地 的基于国产芯片的智驾方案或为当下高阶智驾方案的成本最优解。 ◼ 如何衡量国产芯片的比较优势？ ➢ 英伟达凭借Orin系列智驾芯片在当下高阶智驾市场独领鳌头，据我们观察国产芯片供应商经 过近五年的追赶在产品性能、量产验证、客户获取多个维度开始比肩英伟达 ◼ 如何看待第三方芯片供应商的核心价值？ ➢ 先发的重要性：智驾芯片普遍需要三年以上研发制造周期，同时 ...