Recently, NIO unveiled its profit forecast for the fourth quarter, while XPENG also hinted at the prospect of achieving quarterly profitability. Meanwhile, companies such as Leapmotor have gone a step further by setting annual profit goals. These emerging automakers are making a collective leap from depending on external financing to attaining self-sustaining growth. Industry analysts view this as a pivotal shift, indicating their progression from a phase of rapid expansion to a more mature and stable stage. After reaching a certain level of profitability—be it phased or periodic—these automakers are set to focus on securing sustainable profits and maintaining a healthy cash flow. This strategic pivot is expected to elevate their competitive edge and may well redirect capital allocation logic, steering it away from chasing broad market returns towards unearthing the unique value of individual corporations.