[Dongchezhidao Industry] Let's review what major events happened in the automotive world on November 6, 2026.

Automotive Event 1: Zotye Wink Y01 International Version Rolls Off Production Line

Recently, the Zotye Auto small pure electric vehicle Wink Y01 International right-hand drive model, custom-developed specifically for overseas markets, officially rolled off the production line. The new car length exceeds 3.9 meters, with mass production delivery planned for early 2027.

Previously, Zotye Auto signed an annual production capacity of 30,000 units KD factory cooperation agreement with Indian partners, and signed a strategic cooperation agreement with Indonesian BPKN. This roll-off is advancing steadily according to the earlier plan. In the future, we will accelerate the global layout, with South Asia and Southeast Asia as the core, focusing on expanding markets such as India and Indonesia. The long-term plan covers 55 countries globally. According to business goals, we strive to complete cooperation signings with 25 countries' agents by the end of 2026.

Automotive Event 2: Audi Innovation Technology Center Opens

November 5 — On the occasion of the AUDI brand's 2nd anniversary, Audi joined hands with SAIC Group to hold an opening ceremony for the AUDI brand's new R&D entity — Audi Innovation and Technology Center (AUDI Innovation and Technology Center, abbreviated as: AITC) in Shanghai. As the core R&D innovation hub for the AUDI brand in China, AITC will comprehensively lead and coordinate the end-to-end development of AUDI brand models from whole vehicle concept definition to mass production delivery. This move is not only a core pillar of Audi deepening its dual-brand strategy in China but also marks that the China-Germany automotive cooperation paradigm has officially shifted from a new stage of 'adapting for China' to 'defining in China'.

Gernot Döllner, Chairman of the Board of Management of Audi AG, stated: "China is both a key market for Audi and one of the most dynamic innovation highlands in the global automotive industry. To succeed in the Chinese market, our R&D must be closer to customer needs and quickly translate new technologies into highly attractive products. The Audi Innovation Technology Center built in partnership with our partner SAIC Group is precisely to comprehensively strengthen this core capability, and is also our strategic investment to continuously improve long-term competitiveness in China."

Automotive Event 3: SAIC and Momenta and others jointly establish joint venture 

November 5, the SAIC Group Board of Directors deliberated and passed the proposal, proposing to jointly establish a joint venture with Momenta and others. Registered capital is 300 million yuan, to further strengthen high-level intelligent driving technology R&D and enhance the competitiveness of whole vehicle products in the global market.

According to the announcement, Momenta proposes to contribute 153 million yuan in capital, holding 51%; SAIC Group proposes to contribute 75 million yuan in capital, holding 25%; Yandian Technology proposes to contribute 72 million yuan in capital, holding 24%. SAIC Group and Yandian Technology jointly hold 49%.

This joint investment has established a longer-term organizational and capital tie for SAIC and Momenta to deepen intelligent driving cooperation. For SAIC, the joint venture will serve the construction of high-level intelligent driving R&D capabilities, promoting the further integration of intelligent technology and whole vehicle product needs; for Momenta, deepening cooperation with the automotive group helps expand the synergy space for technology R&D and mass production application.

From an industry perspective, Chinese automobiles welcome the moment of 'AI Partners'. Vehicle companies and AI companies jointly invest and build capabilities, deeply combining intelligent driving technology with whole vehicle resources, jointly exploring the global market and intelligent vehicle growth space.

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