\* Company News

Chery and Qualcomm to Expand Cooperation in Smart Cockpit and Intelligent Driving

On April 24, Chery Automobile Co., Ltd. and Qualcomm Wireless Communication Technology (China) Co., Ltd. reached a cooperation agreement in Beijing, where both parties will expand cooperation in three core areas: smart cockpit, intelligent driving, and cockpit-driving integration.

Smart Cockpit Leader to Launch IPO on Hong Kong Stock Exchange

Desay SV has submitted its prospectus and plans to list on the Hong Kong Stock Exchange, with Morgan Stanley and Huatai International as joint sponsors. The company focuses on three major areas: smart cockpit, intelligent driving, and connected services, with projected revenues of 21.9 billion, 27.618 billion, and 32.557 billion yuan from 2023 to 2025, respectively. The revenue share from smart cockpit products is 63.2%, while intelligent driving products account for 29.8%. Desay SV has established 16 overseas branches in countries and regions such as Germany, France, Spain, Japan, and Singapore, with the smart factory project in Spain expected to start mass production in 2026.

AI Agent is Here! iFLYTEK Launches Next-Generation Multimodal Smart Cockpit, Making Smart Cars More Capable and Understanding You Better

iFLYTEK showcased its Spark Smart Cockpit 3.0, iFLYSOUND GaN Master-Level Acoustic System, and overseas Spark Large Model at the 19th Beijing International Automotive Exhibition. The Spark Smart Cockpit can execute multiple tasks with a single command, providing an active AI experience. The overseas Spark Large Model supports 32 major languages, aiding the internationalization of Chinese smart cars. The iFLYSOUND GaN Master-Level Acoustic System enhances sound quality while reducing costs. iFLYTEK has provided smart car solutions for multiple automakers, helping Chinese cars go global.

Roewe i6 Features 8155 Chip, Making Long-Distance Travel Less Dull with Smart Cockpit

In April 2026, SAIC Roewe launched its first strategic model, the all-new Roewe i6, to celebrate its 20th anniversary, targeting family users with this A+ class fuel sedan. It is equipped with a 15.6-inch 2.5K central control screen and Qualcomm Snapdragon 8155 chip, offering smart navigation, entertainment, and voice control features. The vehicle dimensions are 476718281498mm, with a wheelbase of 2755mm, providing ample space. It is powered by a 1.5L all-aluminum direct-injection engine and CVT transmission, with a combined fuel consumption of 5.95L/100km. It is expected to be launched in April, providing an upgraded experience for family users.

Geely Holding Group Appears at the 2026 High-Level Forum on Smart Electric Vehicle Development

The 2026 High-Level Forum on Smart Electric Vehicle Development opened in Beijing, where Geely Holding Group Chairman Li Shufu delivered a speech emphasizing the importance of green methanol in energy transition. During the forum, the "Global Methanol Electric Ecological Alliance" was officially established to promote the global adoption of methanol technology. Geely has been deeply engaged in the green methanol field for over twenty years and has built a complete green methanol circular economy system. The first batch of alliance members includes several well-known domestic and international enterprises and institutions, with the first event scheduled to be held in Hong Kong this June

* Industry Dynamics

Chery and Qualcomm Expand Cooperation, Focusing on Intelligent Cockpits, Intelligent Driving, and Cabin-Driving Integration | 2026 Beijing Auto Show

Chery Automobile has reached an agreement with Qualcomm Wireless Communication Technology (China) Co., Ltd. to expand cooperation in three major areas: intelligent cockpits, intelligent driving, and cabin-driving integration, jointly developing a new generation of intelligent automotive technology platforms and products. Chery will adopt Qualcomm's Snapdragon digital chassis product portfolio, including the Snapdragon cockpit platform supreme version, Snapdragon Ride platform supreme version, and Snapdragon Ride Flex SoC. The two parties will collaborate to create intelligent assisted driving solutions based on Snapdragon Ride and achieve cabin-driving integration based on Snapdragon Ride Flex SoC. The cooperation between Chery and Qualcomm will promote the continuous evolution of intelligent vehicles, providing users with a new generation of intelligent driving experience.

2026 Automotive Industry Intelligent Driving Series Report

By 2027, the operating cost of Robotaxi is expected to drop to $0.2/km, a 50% reduction compared to traditional shared mobility platforms, mainly due to the remote safety officer model and scale effects optimizing labor costs.

The "Y Intersection" of Intelligent Driving: Route Divergence and Capital Patience

In 2026, the intelligent driving industry faces route differentiation, with German brands BMW and Mercedes-Benz pausing L3 autonomous driving research and shifting to L2++ solutions; in the Chinese market, Changan, BAIC, and others are intensively announcing L3 mass production timelines, while Huawei's QianKun plans to achieve large-scale commercial use of L3 on highways. Companies like XPeng and Baidu advocate skipping L3 and directly targeting L4 full-scenario intelligent driving. The awkwardness of L3 lies in the misalignment of cost and benefit, and the ambiguity of responsibility determination. Chinese automakers are confident in L3, benefiting from policy support and capital structure. The evolution of autonomous driving technology is not a single linear path, ultimately depending on technological maturity, regulatory support, and user acceptance.

Xinghe AIOS Intelligent Cockpit Featuring Xinghuo Large Model Debuts at Haobo HL Exhibition Vehicle | 2026 Beijing Auto Show

The Xinghe AIOS intelligent cockpit made its debut at the 2026 Beijing International Automotive Exhibition, becoming the focus with its intelligent experience that breaks traditional interaction boundaries. This system integrates deep AI capabilities, achieving human-vehicle interaction that "understands, sees, remembers, and empathizes," providing seamless services. Xinghe AIOS has strong semantic understanding and contextual dialogue capabilities, supporting dialects and multilingual communication, optimizing navigation and trip planning. The cockpit is equipped with the Mindmode multimodal active service system, realizing proactive services and enhancing the driving experience. The system supports personalized emotional interaction, has the ability to learn user habits, and introduces a dedicated Platinum robot to enhance interactivity. Xinghe Zhilian will continue to promote technological innovation in intelligent cockpits, providing convenient and warm intelligent travel experiences.

Multiple In-Vehicle Display Technologies Debut at 2026 ICDT, Visionox May Lead the Transformation of Intelligent Cockpit Interaction

Visionox showcased several cutting-edge in-vehicle display achievements at the 2026 ICDT International Display Technology Exhibition, including flexible AMOLED in-vehicle dynamic folding solutions and global UDIR solutions, aimed at promoting the transformation of next-generation cockpit interaction. Its technological breakthroughs include a revolution in screen form and perception, such as achieving flexible switching of the central control screen, a minimum R50 cold bending radius design, and under-screen infrared technology, to meet the needs of smart cockpits. Visionox's technological innovations and customized products help automakers create differentiated smart cockpits and promote the application of flexible displays in mid-to-high-end models.

\* Others

Smart Car Industry Monthly Report (2026-03): New Dynamics in Smart Cars

The Voyah Taishan X8 will be equipped with 896-line lidar and Huawei's next-generation smart cockpit, offering pure electric models; CATL's energy storage battery business is expected to surpass its power battery business; Zebra Zhixing is targeting a Hong Kong IPO; the national new energy vehicle power battery traceability information platform has officially launched; the China Academy of Information and Communications Technology jointly released the "Blue Book on Intelligent Connected Vehicles (Vehicle Networking) (2025)"; the Roewe pure electric D6 is equipped with Qualcomm 8155 chips and L2-level intelligent driving assistance systems; the smart driving industry needs to solve the challenges of commercialization; Shenzhen is accelerating the commercialization of intelligent connected vehicles; Smart Car Industry Monthly Report: New progress in intelligent driving, Tesla's Cybercab enters the mass production preparation stage.

High-Level Forum on the Development of Smart Electric Vehicles (2026) Held to Discuss Automotive Industry Development Trends

The High-Level Forum on the Development of Smart Electric Vehicles was held at the National Conference Center Phase II, discussing the intelligent, green, integrated, and international development of new energy vehicles. Su Bo, deputy director of the National Manufacturing Power Construction Strategy Advisory Committee, emphasized that new energy vehicles bear national missions and will become the absolute mainstay of the market by 2030. Ouyang Minggao believes that the new energy vehicle market is shifting from "price competition" to "value competition," and it is expected that by 2030, new energy passenger vehicles will account for over 70% of annual sales of new passenger vehicles. Li Shufu proposed that methanol electric and lithium battery routes are complementary, while Jin Yuzhi believes that 2026 will mark the beginning of a new era for global autonomous driving, and Lian Yubo stated that the automotive industry is evolving from a "chain supply" to a "networked symbiosis" new stage.

2026 High-Level Forum on the Development of Smart Electric Vehicles Kicks Off, Jiangqi Group Discusses New Future for the Industry

The first High-Level Forum on the Development of Smart Electric Vehicles was held at the National Conference Center in Beijing, with Jiangqi Group General Manager Li Ming delivering a keynote speech. Li Ming emphasized that the Chinese automotive industry is facing historic opportunities, and Jiangqi Group continues to invest in R&D, collaborating with Huawei to create the ZunJie S800 as an industry benchmark. Jiangqi Group's products are exported to over 130 countries and regions worldwide, actively responding to the "Belt and Road" initiative, and will focus on four major battlefields in the future, strengthening technological breakthroughs in four key areas, aiming for a sales target of one million units and revenue of 100 billion.

Smart Car Industry Daily (2026-04-02)

In March, China's new energy vehicle market saw a rebound in sales, with new force brands experiencing a month-on-month growth rate exceeding 50%. Nio, XPeng, and Leapmotor achieved record high revenues and gross margins, but profitability disparities intensified. GAC Group's sales in the first quarter approached 380,000 vehicles, a year-on-year increase of 2.38%, with overseas sales of its self-owned brands surging by 86% year-on-year. Zhang Xueji's motorcycle won the championship at the World Superbike Championship, marking a historic breakthrough for Chinese motorcycle brands. Xiaomi's new SU7 was launched, intensifying competition with Tesla. GAC Group reported its first annual loss for 2025, with revenues of 95.66 billion yuan, a year-on-year decrease of 10.43%, and a net profit attributable to the parent company of -8.784 billion yuan. Visionox showcased several cutting-edge in-vehicle display achievements at the ICDT exhibition. The retail ecosystem of the new energy vehicle industry is undergoing transformation, shifting towards a diversified channel layout. The oil and gas industry is making a resurgence, with fierce competition in new energy vehicle sales. Seres released its production and sales report for March, showing a year-on-year increase of 20.74% in new energy vehicle sales. The national information platform for tracing the power batteries of new energy vehicles has officially launched.

Smart Car Industry Daily (2026-04-05)

XPeng launched the "Saled Me" mini-program to quantify intelligent driving comfort; the new generation Xiaomi SU7 passed high-temperature needle penetration tests; Chinese car manufacturers' sales surpassed Japan, highlighting the advantages of the new energy vehicle industry chain; Huawei's intelligent driving + Hungarian electric Audi A6L will be launched; Tesla is cracking down on illegal FSD activation devices; Geely Galaxy M9 performed excellently in tests; China successfully flew a megawatt-class hydrogen fuel aviation turboprop engine; Taiwan is buzzing about "Zhang Xueji's" championship win; China Automotive New Energy is reshaping the power battery industry landscape with high-quality development.

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