电动化是全球汽车产业的机遇 2025年的中国汽车行业，市场竞争持续加剧。与此同时，汽车科技创新持续演进，尤其是AI技术 浪潮正加速重塑产业链。在"技术爆炸"与"存量博弈"的双重变奏下，中国汽车人又该如何以战略定力穿 越迷雾？ 日前，以"明势创变 聚才破卷"为主题的2025年中国人才研究会汽车人才专业委员会（简称"中汽人"） 年会在上海嘉定举办。来自全国的整零企业代表、行业专家与学者齐聚一堂，共同探讨当下中国汽车产 业和从业者所面临的机遇与挑战，为产业与人才的转型发展建言献策。 人才是汽车产业发展的关键 "十四五"期间，我国汽车产业实现跨越式发展。2025年是"十四五"收官之年，上半年产业规模延续强劲 增长势头，产销量首次双超1500万辆，均同比实现两位数增长。其中，新能源汽车产销量均同比增长超 40％，占总销量44.3％；汽车整车出口超300万辆，国际竞争力持续提升。不仅产销规模快速扩张，更 在技术创新上取得显著突破，车载人工智能、智能网联技术加速进化，汽车产业活力持续释放。 "中国汽车产业能够取得如此蓬勃的发展，离不开广大汽车人才的努力和贡献。"中央组织部人才工作局 原副局长、中国人才研究会副会长李志刚高度 ...

Group 1: Profitability of New Energy Vehicle Companies - New energy vehicle companies are now categorized into profitable and non-profitable, with several companies approaching breakeven [2][3] - Leap Motor achieved a net profit of 0.3 million yuan in the first half of 2025, marking its first half-year profit and expanding the profitable group [2] - Li Auto reported a revenue of 30.2 billion yuan in Q2 2025, with a net profit of 1.1 billion yuan, maintaining profitability for 11 consecutive quarters [4] Group 2: Sales Performance - Leap Motor's sales reached 221,700 units in the first half of 2025, a 155.7% increase year-on-year, leading the new energy vehicle brand sales in China [3] - Despite a decline in sales, Seres Group expects a net profit of 2.7 to 3.2 billion yuan in the first half of 2025, indicating strong profitability growth [5][6] - Xiaopeng Motors delivered 197,000 vehicles in the first half of 2025, surpassing its total sales for the previous year [8] Group 3: Revenue Growth and Margins - Leap Motor's total revenue reached 24.25 billion yuan, a 174% increase year-on-year, driven by increased vehicle deliveries and strategic partnerships [2] - Li Auto's gross margin was 20.1% in Q2 2025, reflecting cost optimization and scale effects [4] - Xiaopeng Motors reported a revenue of 16.88 billion yuan in the first half of 2025, with a gross margin of 17.3%, showing significant improvement [7][8] Group 4: Market Expansion and Future Outlook - Leap Motor has expanded its business to over 30 countries and regions, exporting 25,000 vehicles in the first seven months of 2025 [3] - Companies like Xiaopeng and Xiaomi are focusing on product launches to boost sales in the second half of 2025, with Xiaomi's electric vehicle revenue reaching 21.3 billion yuan, a 233.9% increase [9] - NIO aims to achieve a monthly sales target of 50,000 vehicles in Q4 2025, although challenges remain in reaching profitability [10][11]

Core Viewpoint - The collaboration between Mercedes-Benz and BMW marks a significant shift in the luxury automotive industry, moving from pure competition to a cooperative model in response to stringent regulations and market pressures [1][4][5] Group 1: Regulatory Challenges - The EU's implementation of the Euro 7 emission standards has increased the cost of compliance for automakers, with nitrogen oxide limits reduced from 80 mg/km to 60 mg/km, and new regulations on non-exhaust emissions [1][2] - The cost of upgrading existing engines to meet Euro 7 standards is comparable to developing a new electric vehicle, prompting companies to consider technology sharing as a rational choice [2][3] Group 2: Market Performance - Mercedes-Benz's global vehicle sales fell by 6% in the first half of 2025, with electric vehicle sales down by 19%, highlighting challenges in competing with local Chinese electric vehicle manufacturers [2][3] - BMW reported a revenue decline of 8% and a net profit drop of 29% in the first half of 2025, despite an 18.5% increase in electric vehicle sales, indicating difficulties in achieving transformation goals [3] Group 3: Strategic Collaboration - The partnership allows Mercedes-Benz to avoid redundant development of four-cylinder engines by utilizing BMW's B48 engine, while BMW can optimize its idle production capacity [3][4] - Both companies are exploring joint ventures for engine production in the U.S. to mitigate import tariffs, emphasizing the importance of localized production in maintaining competitiveness [3][4] Group 4: Industry Transformation - The collaboration signifies a shift from zero-sum competition to a win-win scenario, enabling companies to focus on their strengths and avoid excessive competition [4][5] - The automotive industry is moving towards a model that balances independent innovation with open collaboration, suggesting that resource integration will become increasingly important [5]

Core Points - General Motors (GM) CEO Mary Barra sold approximately $21.67 million worth of company stock, which raised concerns among investors and analysts regarding insider trading and market trends [2] - The stock sale involved 372,024 shares, representing 40% of her total GM holdings, leaving her with 552,238 shares valued at about $32.36 million [2] - GM's stock price has increased by about 10% year-to-date, but experienced volatility following a recall of 23,500 Corvettes due to potential fire risks from fuel leaks [2] - Insider selling is often interpreted as a lack of confidence in the company's future performance, as evidenced by multiple insider transactions in the past six months [2][3] Financial Performance - GM reported second-quarter revenue of $47.122 billion, a slight year-over-year decline of 1.8%, but exceeding market expectations of $45.81 billion [3] - Adjusted earnings per share were $2.53, while net profit fell sharply by 35.4% to $1.895 billion [3] - The stock price dropped significantly by 8.12% on the day of the earnings report, marking the largest single-day decline in nearly a year [3] Factors Influencing Stock Price - The decline in earnings was attributed to several factors, including $1.1 billion in reduced adjusted earnings due to tariff policies, $300 million in additional costs from a recall of 600,000 trucks, and $600 million in expenses related to electric vehicle inventory [3] - GM maintained its full-year adjusted core profit guidance between $10 billion and $12.5 billion, which disappointed market expectations for an upward revision [3] Insider Selling Behavior - Insider stock sales can be driven by personal financial planning, as executives may seek to diversify their assets and reduce concentration risk [4] - Stock options are often exercised and sold as a way for executives to realize the value of their past work [4] - Frequent insider selling may reflect their views on the company's current stock valuation, particularly if they believe the stock is at a relatively high level [5] Industry Challenges - The automotive industry is undergoing rapid changes, including the development of electric vehicles, competition in autonomous driving technology, and uncertainties in global trade policies [5] - These factors may contribute to a cautious outlook among insiders regarding GM's short-term prospects, even if they do not necessarily indicate negative long-term fundamentals [5][6] - GM's future success will depend on its ability to effectively implement its strategies in electrification and automation while managing competitive and regulatory challenges [6]

"职业水军""网络黑嘴""黑公关"……这些看似遥远而陌生的词汇，近年来却在汽车产业内泛滥开来，忙坏了一众车企法务部。日前，江淮汽车便遭到 3000余条虚假信息的攻击，后续为查清事实，公安机关已立案调查。在汽车产业转型升级的关键节点，这些肆意诽谤、随意污蔑的行为却屡禁不止，极大 破坏了产业高质量发展的健康生态。 遭千余条谣言攻击 江淮果断报警 8月30日，江淮汽车法务部声明，近期，"猎狐网"等网络账号多次发表文章（含视频），传播涉及江淮汽车的不实信息，误导社会公众，损害江淮汽 车形象。声明表示，江淮汽车坚定维护消费者的合法权益，但对上述行为也不会姑息。江淮已依法开展维权，坚决维护自身合法权益。 作为本次事件的"主角"，今年以来，江淮始终保持稳中向好的发展态势，上半年亏损较2024年下半年明显收窄。今年上半年，江淮商用车板块稳步增 长，新能源轻卡、新能源重卡均实现同比显著增长。乘用车领域，江淮与华为协力打造的百万级豪华轿车尊界S800上市以来收获不少消费者青睐，上市 60余天大定突破1万辆，已然成为百万级豪华轿车行列中的现象级产品。在海外市场，江淮更是成功打造5个年销超万辆市场，形成2个年销8万辆地区，中 高端轻 ...

业界普遍认为，面对明显的销量瓶颈，Model Y L将成为特斯拉非常关键的一步棋。记者统计发现，2025年上半年，特斯拉在中国市场的 销量合计26.34万辆，较上年同期的27.83万辆同比下降约5.4%；市占率从2020年15%的峰值萎缩至7.6%。乘联分会最新数据显示，8月特斯拉中 国批发销量预计为83,192辆，环比增幅超二成。 Model Y L上市即卖爆的背景下，特斯拉还在同步调整Model 3的价格体系。 9月1日，特斯拉中国将续航里程830公里Model 3售价下调至25.95万元，此前售价为26.95万元，距离该车款上市仅过去20天。"（降价1万 元）主要是因为长续航后驱版要与售价28.55万元的长续航四驱版拉开价格差距，同时我们考虑到首批订车用户还没开始交付，所以这次降价 不会影响相关权益。"前述销售人员告诉记者。 在传统品牌加速转型、新势力抢尽风头的当下，特斯拉亟待寻找新的市场增长点。 据其介绍，目前特斯拉的购车政策除置换补贴外，还包括8000元车漆减免优惠（用车主引荐链接下单）、贷款5年0息0手续费、1299元购 买充电福利包等，该政策将于9月30日截止。 "Model Y L虽然价格贵了 ...

2025年9月3日，纪念中国人民抗日战争暨世界反法西斯战争胜利80周年盛典的钟声如期敲响。在这一庄严的历史时刻，北京越野作为中国越野 车发明者再度肩负国家使命，旗下BJ80担任阅兵礼炮牵引车与新闻保障车，以61辆整装列阵的雄姿，向世界彰显中国汽车工业的硬核实力与民族品 牌的自信担当。 从军工初心到盛事符号：北京越野的荣光传承 回溯北京越野的发展史，就是一部中国汽车工业史的缩影。北京越野，是唯一经历中国越野发展全过程的车企，也是陪伴共和国成长的车企。从初代军 车解决"有无"难题，到第三代军车BJ80批量列装部队、获得官兵一致认可，每一次技术迭代都围绕"可靠"二字深耕。军车要在复杂路况下保障任务执行，这 种对稳定性、耐久性的极致追求，成了北京越野最深厚的技术底色。 与此同时，北京越野始终紧跟时代步伐，推动产品向电动化、智能化转型。近年来，BJ60、全新BJ40、BJ30 等车型陆续推出，全面覆盖不同用户需 求。今年4月，BJ40增程上市即热销，展现出市场对其新能源技术的认可；7月，BJ40燃油上市24小时订单量突破万辆，印证了消费者对其军工品质的信 赖；成都车展上，做十万级越野最强方盒子的BJ30旅行家开启预售， ...

Core Insights - Tesla's "Master Plan" fourth chapter aims to integrate AI and autonomous driving technologies to accelerate the transition to sustainable abundance and human prosperity [2][3][4] - The plan emphasizes the creation of a safer, cleaner, and more enjoyable world through the unification of hardware and software [3][4] AI Empowerment - Tesla's innovations in electric vehicles, clean energy, and robotics lay the foundation for a technological renaissance aimed at eliminating scarcity [3][4] - The company believes that growth is limitless and that technological innovation can address resource shortages, similar to past industrial revolutions [3][4] Technological Integration - Tesla is building a collaborative network of AI and physical world technologies, including Full Self-Driving (FSD), Dojo supercomputer, and Optimus humanoid robots [5][6] - FSD is progressing towards full autonomy by continuously learning from millions of miles of road data, enhancing its ability to handle complex driving scenarios [5] - The Dojo supercomputer, with a processing power of 1.1 EFLOPS, supports AI model training and improves decision-making speed for vehicles [5] Robotics and Energy Solutions - The Optimus robot addresses labor shortages in repetitive and hazardous tasks, already being utilized in Tesla factories and service industries [6] - Tesla's Powerwall and Megapack are key components in energy transition, providing reliable energy storage solutions for homes and businesses [6][7] Virtual Power Plant Innovation - Tesla's Virtual Power Plant (VPP) connects dispersed battery systems to create a large energy buffer, effectively managing energy supply and demand [7] - The VPP model has shown significant success in pilot projects, indicating its potential as a critical infrastructure for renewable energy [7] Business Model Innovation - Tesla is transitioning to a data-driven business model, exploring innovations like the Robotaxi network and AI technology licensing to generate high-margin software revenue [8] - The Robotaxi service allows users to access autonomous vehicles through subscription or pay-per-use, projected to contribute 30% of Tesla's total revenue by 2030 [8] Industry Impact - The release of the fourth chapter of Tesla's "Master Plan" signifies a shift from product-focused innovation to a new stage of system capability integration [9] - The vision outlined in the plan is seen as forward-looking, but the path from concept to reality involves overcoming various challenges in technology and regulation [9][10] Societal Implications - Experts suggest that technology is not only a tool for economic development but also a key force in addressing global challenges like climate change and labor shortages [10] - The need for innovative companies to redefine future possibilities and contribute to a sustainable and prosperous society is emphasized [10]

公司拟使用首次公开发行人民币普通股取得的部分超募资金，以集中竞价交易方式回购公司发行的 人民币普通股（A股）股票。回购资金不低于3000万元（含），不超过6000万元（含），回购价格不超 过27.00元/股（含），回购股份将全部予以注销，减少注册资本。回购股份实施期限为自公司股东大会 审议通过本次回购公司股份方案之日起12个月内。 2024年9月4日，公司召开第三届董事会第十九次会议、第三届监事会第十八次会议，9月18日召开 2024年第二次临时股东大会，审议通过《关于稳定股价措施暨第二期回购公司股份方案的议案》。 广东绿通新能源电动车科技股份有限公司于2025年9月2日发布关于第二期回购公司股份进展的公 告。 ...

针对不同海外市场的不同需求，推出适应性的市场推广政策和产品是中国汽车开拓海外市场的重要 抓手。标普全球汽车大中华区汽车分析联合总监陶杲强调，中国车企的核心优势在于"新能源+产业链 +AI"的三重组合，如何将优势转化为可持续竞争力，是破局的关键。开拓海外市场需要"本土化深耕"而 非"简单复制"。中国车企的成本优势与完整产业链是出海基础，但应对贸易壁垒的关键在于"本地化生 产+生态共建"。标普全球汽车预测，中国车企海外产能将从当前的约100万辆，在未来十年突破400万 辆，这一过程中需与当地政府、企业建立深度合作。陶杲还强调，要善用AI领域的长期优势——中国 在AI人才储备与电力成本上的优势，将助力智能驾驶技术突破，而智能驾驶正是未来汽车产业的核心 竞争力。 当前，世界新能源汽车发展正不断提速，例如，泰国提出"要在2030年成为全球电动汽车生产 中心"的口号，澳大利亚用每克二氧化碳100美元的罚款倒逼车企转型……中国新能源汽车如何才 能抓住全球快速发展的基于，更好的开拓海外市场是一项重要考验。 在标普全球汽车亚太区动力系统预测总监王亮看来，经过十几年的发展中国形成了全球最健全的新 能源汽车产业链。从上游原材料开采 ...