Company News

BOSCH wins project for AI smart cockpit from leading domestic automotive company

On June 16, Jiemian News learned that multinational tier-one supplier BOSCH has secured a project for the next-generation AI smart cockpit from a leading domestic automotive company. The solution is developed based on the Qualcomm Snapdragon 8397 cockpit platform and is expected to enter mass production in the third quarter of 2027. As of April 2026, the smart cockpit solution developed by BOSCH based on high-performance chips has achieved cumulative shipments of 10 million units in the global market.

Small and medium-sized ride-hailing companies rush to go public, Gaode is the biggest winner

Small and medium-sized ride-hailing platforms are racing towards IPOs, with Gaode potentially becoming the biggest winner. Platforms like T3 Travel and Xiangdao Travel are listing on the Hong Kong or A-shares, benefiting Gaode as an aggregator platform. Gaode supports the development of small and medium platforms through its aggregation model, which will also lead to stable growth for itself. Alibaba has invested in numerous small and medium ride-hailing platforms, strengthening its voice in the mobility ecosystem. The ride-hailing market has entered an era of "a hundred flowers blooming," with Gaode's aggregation model changing the industry landscape. Gaode's ride-hailing platforms are expected to reach a market share of 53.1% by 2030.

AUTOHOME-S (02518) rises nearly 5%, company emphasizes shareholder returns and actively promotes ecological transformation

According to Zhitong Finance APP, AUTOHOME-S (02518) has risen nearly 5%, with a current increase of 4.7%, trading at HKD 36.08. In terms of news, in May this year, AUTOHOME disclosed its Q1 2026 performance, with total revenue of RMB 1.05 billion. Additionally, to continuously reward shareholders and fulfill long-term value commitments, in line with the company's dividend policy, the board has approved a cash dividend of USD 0.66 per American Depositary Share or USD 0.1650 per ordinary share, which will be paid in USD to holders of American Depositary Shares and ordinary shares registered after the market closes on July 2, 2026, with a total dividend amount of approximately RMB 500 million. Since the beginning of the year, the company has launched a series of initiatives to accelerate its transformation into a one-stop automotive ecological service platform. On the user side, the company has initiated a brand refresh and app upgrade, shifting its focus to user interest scenarios and full-chain transaction services. In terms of transaction platform construction, the new retail business has launched the "online car purchase" function in two cities, collaborating with dealers to explore new experiences in car purchase e-commerce. The company is also actively promoting its overseas layout — the overseas platform YesAuto has officially launched operations in Thailand, and the international platform for used car exports has also gone live, receiving positive market feedback.

Li Xiang refutes "not focusing on the right business": building embodied intelligent cars is the right business

Li Auto held the LivisDay launch event on June 15, announcing its transformation from a traditional smart car company to an embodied intelligent enterprise, emphasizing the importance of software and AI. Li Xiang stated that Li Auto will create truly intelligent cars, focusing on safety, independent task completion, and efficiency. The event showcased the impressive features and experiences of the L9 Livis, including autonomous driving, charging management, and autonomous parking space searching Li Auto's self-developed chip Mach M100 provides powerful computing power, supporting intelligent driving and AI computing. Li Xiang emphasized that embodied intelligent vehicles have great potential and will achieve more functions in the future.

Xiaomi SU7 major OTA, all owners please upgrade immediately!

Xiaomi SU7 pushes version 1.16 update, with old model owners receiving new features simultaneously. This update includes customizable sound effects, full-screen Easter eggs, pets, and other entertainment features, as well as practical functions that enhance daily driving experience. The voting results from the 42HOW owner community show that users love the new features. A video showcases the new feature experience, aiming to validate the value of OTA.

Industry Dynamics

"Dragon Boat Festival" travel by car, this article is enough

From June 19 to 21, 2026, Heilongjiang will have a 3-day holiday, and highways will not be free during the Dragon Boat Festival. It is expected that highway traffic will significantly increase during the holiday, with peak travel concentrated on the afternoon before the holiday and the morning of the first day, as well as from the afternoon to evening of the last day. A total of 250 charging piles have been built across the province, achieving full coverage of charging infrastructure in service areas. Traffic congestion points are concentrated on sections such as G1 Jingha Expressway and G1001 Ring Expressway. Various highway condition inquiry methods are provided, including WeChat official accounts, customer service hotlines, and apps. In case of emergencies, relevant phone numbers can be called for assistance.

Another auto parts city caught fire, losses exceed ten million; Chery launches 999 yuan lifetime free maintenance; Tires crack within two years involving multiple models including Volkswagen and Tesla

A warehouse fire occurred at Xianghe Auto Parts City in Beijing, Xinjiang pilots a new model of bonded maintenance, Chery launches lifetime free maintenance rights, GAC launches a full lifecycle user protection plan, Hankook Tire issues have led to complaints, Dongfeng's capital increase nearly a hundred times, and the motorcycle association calls for regulation of overseas operations, with new energy exports increasing.

Automotive Travel Industry Daily (06.15): Automotive Company Dynamics

Summary: Audi brand launched its second model E7X at the Guangdong-Hong Kong-Macao Greater Bay Area Auto Show, with Shu Ruize replacing Song Feiming as CEO of the Audi-SAIC cooperation project. Nio founder Li Bin revealed that the Le Dao brand sedan product will not be launched in the short term, expected to be released in the next 1 to 2 years. Cluster's metaverse game "Explosion Creation Club PortableLBEEdition," developed in cooperation with Toyota, successfully made it to the finals of the 2026 Auggie Awards. The upgraded Shangjie H5 from Shangjie Auto will be launched on June 18, with a pre-sale price starting at 169,800 yuan. Domestic storage chip companies are gradually rising from the edge to the core position in the vehicle storage market, with domestic companies such as Jiangbolong, Baiwei Storage, and Demingli performing outstandingly. The nationwide highway ETC has not been canceled, and the new "mobile plus" cardless reservation passage mode is a supplement rather than a replacement. Baidu's partner DuMate upgraded its core engine, reducing task execution token consumption by 75%. New energy vehicles have increased in weight and volume due to battery and configuration stacking, causing pressure on roads and parking spaces. The Shanxi Coal Group's Yulin Chemical Coal Quality Utilization Demonstration Project converts coal into lithium battery core material dimethyl carbonate (DMC) The Lynk & Co brand has launched a new model, the Lynk & Co 07GT, positioned as a station wagon, featuring the Lynk & Co family design style.

Chengdu-Chongqing Express Bus Launches at Low Prices

The Chongqing Logistics Group's "Yuke Xing" platform and Sichuan Fulinhua Transportation Group's "Tianfu Xing" platform will respectively launch convenient express bus services from Chongqing to Chengdu, with ticket prices as low as 50 yuan, offering 24 scheduled round trips daily. The Chengdu-Chongqing express bus aims to fill the demand gap not covered by high-speed rail, providing citizens with more travel options. This move reflects the ongoing transformation pressure in the road passenger transport industry, where differentiated services achieved through internet technology and cost control are becoming an industry trend.

Chinese New Energy Vehicles Support Global Green Transformation

The "ChinaCar" tag has emerged on overseas social media, showcasing the strong performance of Chinese new energy vehicles in the international market. Consumers describe Chinese new energy vehicles with terms like "advanced" and "stunning." Against the backdrop of global climate and energy crises, Chinese new energy vehicles, with their complete industrial chain and technological advantages, have become a key force in stabilizing the global supply chain. In April 2026, China's new energy vehicle exports increased by approximately 110% year-on-year, exporting to Asia, Europe, South America, and other regions. The development of China's new energy vehicle industry not only meets consumer demand but also provides new pathways for global green transformation, contributing to global sustainable development.

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