When Autos "roll" towards the sky: Xpeng Huitian, Fengfei, GAC and others showcase eVTOL for the first time at the Shanghai Auto Show | New Forces in the Auto Show.
① The 2-ton level eVTOL from Fengfei Aviation, Xiaopeng Huitian's "land aircraft carrier", and GAC high domain's GOVY-Aircar all made their appearance at the Shanghai Auto Show; ② Reports indicate that these manufacturers' eVTOLs/flying cars are making their debut at the Shanghai Auto Show.
The Shanghai Auto Show witnesses the "mutual rush" of Chinese and foreign enterprises: multinational car companies are deeply cultivating the Chinese market while domestic supply chain enterprises are accelerating their move towards Global.
① The 2025 Shanghai Auto Show focuses on smart electric vehicles, with foreign car companies accelerating their integration into the China supply chain, and local innovative forces rising; ② Under the pressure of transformation, Toyota deepens its local layout by establishing a wholly-owned factory in Shanghai, betting on localization and supply chain synergy; ③ Joint venture brands strengthen collaboration in local innovation chains, as China supply chain companies accelerate their dominance in the Global smart electric vehicle industry.
Chongqing Changan Automobile: Core profit growth of 601% in the first quarter of 2025, revenue decline raises concerns.
Chongqing Changan Automobile's performance in the first quarter of 2025: core profit grew by 601%, but the decline in revenue raises concerns. Key points from the earnings report show a divergence in revenue and profit performance: in the first quarter, revenue was 34.161 billion yuan, a year-on-year decrease of 7.73%; the net income attributable to the parent company was 1.353 billion yuan, a year-on-year increase of 16.81%. Core profit has significantly improved: the net profit excluding non-recurring items was 0.783 billion yuan, a year-on-year increase of 601.31%, indicating a substantial enhancement in the profitability of the main business. Notable changes in financial structure: financial expenses were -1.074 billion yuan, a year-on-year increase of 341.34%, mainly influenced by increases in foreign exchange income and interest income.
Humanoid robot competition: a "technical coming-of-age ceremony" where "flops" and "evolution" occur simultaneously.
① The champion team from Tian Gong, CTO Tang Jian of the Peking Humanoid Robot Innovation Center, told the Star Daily reporter, "The half marathon competition is mainly a limit test for the robot's Hardware and Software motion algorithm, or the stability and reliability of the robot's 'little brain'." ② The Wuxi embodied intelligence sports event opening tomorrow, along with the upcoming robot combat competition held by Yushu, will undoubtedly attract more attention for 'inspection.'
Chongqing Changan Automobile's Solid State Battery will make its debut, and the industrialization of Solid State Battery technology is accelerating.
According to the official WeChat account of Chongqing Changan Automobile, on April 23, Chongqing Changan Automobile will debut its Solid State Battery at the 2025 Shanghai International Auto Show. ② Xiangcai Securities stated that in recent years, major countries around the Global have introduced related policies to support the development of Solid State Battery to accelerate the industrialization of Solid State Battery technology.
Siasun Robot&Automation team "operating" ignites the buzz! The Industry Chain frequently updates progress. Analysts suggest that the next 2-3 years may be a critical period for mass production.
① This year, the Guangzhou Fair has set up a special area for service robots for the first time, and exhibitors revealed that customers made deposits on the spot, with some even stating that "9 out of 10 display models were booked." ② Currently, there are 11 major humanoid Ontology manufacturers in China that have started mass production plans for 2024, with several manufacturers planning to produce over a thousand units in 2025. ③ Analysts state that the next 2-3 years will be a crucial period for large-scale mass production and delivery of robots.