The research report from CITIC Construction Investment highlights that the current market sentiment is rather subdued regarding automotive stimulus policies and production/sales forecasts for the upcoming year. This has led to a diminished emphasis on the automobile sector's cyclical nature, with a corresponding pivot towards prioritizing technological attributes and burgeoning growth trajectories. The XPENG Tech Day showcased the introduction of the second-generation VLA large-scale model, intelligent driving capabilities (Robotaxi), and the humanoid robot named Iron, among other innovations, thereby elevating market expectations. It is projected that by 2026, advancements such as Tesla's FSD V14, Robotaxi, and Optimus will undergo iterative enhancements, reach finalization, and commence mass production. As quintessential applications of embodied AI, automobiles and robots are poised to usher in a pivotal shift in industrial trends, potentially prompting a re-evaluation of the technological attributes inherent in the entire automotive stock portfolio.