Guotai Haitong: The automotive industry's layout embodies intelligent expansion in new areas, with multiple new energy vehicle models making a concentrated appearance.

Guotai Haitong released a research report stating that on November 21, the 2025 Guangzhou International Auto Show opened, focusing on the latest achievements in electrification and intelligence. The various new energy vehicle models showcased at this Guangzhou Auto Show, as well as cutting-edge technologies such as the humanoid Siasun Robot&Automation and flying cars, reflect the continuous efforts of auto companies in the direction of electrification and intelligence. As the industry gradually moves towards standardization and high-quality development, the focus of competition will be more on dimensions such as product definition, self-developed technology, and systematic capabilities. The main points of Guotai Haitong are as follows: 2025 Guangzhou International Auto Show opens On the morning of November 21, the 23rd Guangzhou International Auto Exhibition officially opened at the Guangzhou Pazhou Complex. With the theme of "New Technology, New Life", this exhibition focuses on the latest achievements in electrification and intelligence, showcasing a total of 1,085 vehicles, including 629 new energy vehicles, accounting for 58%, with a total of 93 new models, demonstrating the strong momentum of industry transformation. Siasun Robot&Automation becomes the "new protagonist" at the car show, auto companies layout intelligent expansion in the physical field Auto companies such as XPeng, Changan, and GAC concentrated on showcasing the latest achievements in intelligent physical areas. XPeng showcased the humanoid Siasun Robot&AutomationIRON, featuring a design based on "bones-muscles-skin" as a highlight, equipped with an AI chip with computing power of 2250 TOPS and a solid-state battery, planned for mass production by the end of 2026 and simultaneous SDK opening; Chongqing Changan Automobile plans to release its first vehicle-mounted component Siasun Robot&Automation based on the four major scenarios of factory, store, home, and special in the near, medium, and long term steps, scheduled for 2026; Guangzhou Automobile Group launched the fourth-generation GoMate Mini footed humanoid Siasun Robot&Automation, expected to be mass-produced in 2027 and achieve an industrial chain value of over 10 billion yuan by 2030. Numerous new products from companies like Lixiang, Changan, and XPeng make their debut LEAPMOTOR exhibited the full range of ABCD models, with the A10 as a key model to complement the product lineup making its debut. The new car, with the design concept of "Technology NATURAL BEAUTY study 2.0", has a body length exceeding 4200mm, a wheelbase exceeding 2600mm, a space utilization rate of 88.1%, and is currently available for pre-orders with plans for delivery in the first half of 2026. Chongqing Changan Automobile officially launched the new Q05, equipped with the Tianmu intelligent driving system, which achieved a zero accident and zero scratch throughout the "3000-mile intelligent driving challenge from the mountain city to the lamb city". XPeng showcased its first super range-extender model, X9. The X9 super range-extender was launched on November 20, offering two configurations with prices ranging from 309,800 to 329,800 yuan, featuring a 1.5T range-extender system and a 63.3kWh battery pack, with a pure electric range of 452km, a comprehensive range exceeding 1600km, and standard features such as dual-chamber air suspension+CDC and rear-wheel steering system. In addition, the new car is equipped with three Turing AI chips with a computing power of 2250 TOPS. The order volume for the new car broke the historical record within 1 hour of its launch, with orders from the northern region exceeding 50% for the first time. Risk Warning New car sales may fall short of expectations, and raw material prices may rise significantly.