周度报告——新能源汽车 smingfTable_Title] 新能源乘用车周度销量报告 2025 年第 33 周（8 月 11 日-8 月 17 日） | . . | | --- | | 期 | | 日 . | | ﻟﻠ D | | 非 | ★ 周度乘用车市场概述 2025 年第 33 周（8 月 11 日至 8 月 17 日），国内乘用车和 新能源乘用车销量环比上升。乘用车零售 43.2 万辆，同比增长 7.6%；新能源乘用车零售 24.6 万辆，同比增长 13.7%；新能源渗 透率为 57.0%，处于历史较高水平。 今年以来，乘用车累计零售 1,337.4 万辆，同比增长 6.6%； 新能源乘用车累计零售 687.1 万辆，同比增长 25.4%；累计新能 源渗透率为 51.4%。 能 ★ 重点新能源车企销量分析 新能源与新材料-新能源汽车-周度报告 2025-8-21 源 与 新 材 料 车企层面，比亚迪新能源乘用车周销量 7.1 万辆、吉利汽车 3.3 万辆、上汽通用五菱 1.7 万辆、长安汽车 1.2 万辆、奇瑞汽车 0.9 万辆，以及特斯拉（中国）销量 1.4 万辆、鸿蒙智行 0.9 万辆。 新势力 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [5] Core Views - The company leverages platform-based manufacturing and maintains competitive advantages in a fiercely competitive market. It focuses on high-value products, extreme cost performance, and product strength, successfully creating several popular models. The high-end brands Zeekr and Lynk & Co have gained considerable audience recognition due to unique product designs, strong electric systems, and exceptional safety features, with high-priced models expected to become significant profit sources for the company [2][3]. Financial Forecast and Valuation - The company is expected to achieve revenue of CNY 378.38 billion, CNY 449.38 billion, and CNY 521.76 billion from 2025 to 2027, representing year-on-year growth of 57.5%, 18.8%, and 16.1% respectively. The net profit attributable to shareholders is projected to be CNY 16.66 billion, CNY 18.78 billion, and CNY 22.98 billion during the same period, with year-on-year growth of 0.19%, 12.67%, and 22.38% respectively. The EPS is expected to be CNY 1.7, CNY 1.9, and CNY 2.3, corresponding to PE ratios of 11.0, 9.8, and 8.0 times [3]. Sales and Financial Data - In 2024, the company is projected to achieve a total sales volume of 2.177 million vehicles, a year-on-year increase of 29.1%. The breakdown includes 1.29 million fuel vehicles and 890,000 new energy vehicles, with significant growth in the latter. The sales target for 2025 is set at 3 million vehicles, with the Galaxy brand expected to contribute significantly [11][22][28]. - For the first half of 2025, the company reported revenue of CNY 150.28 billion, a year-on-year increase of 26.5%. The net profit attributable to shareholders was CNY 9.29 billion, a decrease of 13.9% compared to the previous year, but the core net profit showed a significant increase of 101.7% [16][18]. Brand Integration and Strategy - The company has initiated a brand integration strategy, consolidating several brands to enhance operational efficiency and reduce internal competition. The Geometry brand has been integrated into the Galaxy brand, and Lynk & Co has merged with Zeekr, which is expected to streamline operations and improve market competitiveness [31][34][35]. Product Matrix and Market Position - The company has developed a multi-brand strategy with distinct product matrices for Galaxy, Lynk & Co, and Zeekr, targeting various market segments. The Galaxy brand focuses on mid-to-high-end new energy vehicles, while Lynk & Co aims at the high-end market, and Zeekr is positioned as a luxury brand. This strategic positioning is expected to enhance market share and profitability [45][49][52]. Export Growth - The company's export volume reached 414,500 vehicles in 2024, representing a nearly 5.7-fold increase since 2020, with the export ratio rising from 5.5% in 2020 to 19.0% in 2024. This growth in exports is becoming a crucial driver for overall sales improvement [28][30].

Investment Rating - The report maintains an "Overweight" rating for the automotive industry [4] Core Insights - July saw strong performance in the new energy vehicle (NEV) sector, with sales growth remaining high due to ongoing stimulus policies and increasing consumer demand [11][28] - Total vehicle sales in July reached 2.593 million units, a year-on-year increase of 14.7%. Cumulative sales from January to July amounted to 18.269 million units, reflecting a 12% year-on-year growth [11] - NEV sales in July were 1.262 million units, up 27.4% year-on-year, with a penetration rate of 48.7%. For the first seven months of 2025, NEV sales totaled 8.22 million units, marking a 38.5% increase year-on-year and a penetration rate of 45.0% [11] Summary by Sections Weekly Discussion - The automotive market continues to show positive momentum, with new model releases and sustained consumer purchasing demand contributing to a favorable market environment [11] Investment Strategy and Key Focus - The report suggests focusing on undervalued leading companies in the vehicle and parts sectors due to improving performance, as well as key players in the NEV electrification and intelligence sectors. Recommended companies include BYD, Changan Automobile, Geely, and Li Auto [2][28][31] - The report highlights opportunities arising from domestic substitution due to the "dual circulation" strategy, with companies like Lingdian Electric Control and Sanhua Intelligent Control being of particular interest [2][31] Market Review - The automotive sector experienced a weekly increase of 3.08%, ranking 9th among 31 sectors in the Shenwan classification. The sector outperformed the CSI 300 index, which saw increases of 1.70% [30][36] - In the sub-sectors, automotive services, parts, passenger vehicles, commercial vehicles, and motorcycles had varying weekly performance, with automotive services declining by 1.35% [30][32]

同时，吉利还推出了新一代AI座舱操作系统——Flyme Auto 2，将逐步搭载在吉利旗下各品牌的全新车型产品上，其中领克10 EM-P、吉利银河M9将率先搭 载。针对符合相应AI算力要求的吉利产品，Flyme Auto 2也将在后续通过OTA的方式，为老用户带来AI智舱体验。 每经记者｜孙桐桐 每经实习编辑｜余婷婷 继智能驾驶业务之后，吉利智能座舱业务也在加速整合。 8月20日，吉利宣布将聚焦"一个座舱"战略，通过统一的AI OS架构、统一的AI Agent（人工智能体）与统一的用户ID，实现AI座舱All in One，打造实现"人 —车—环境"自主协同的智慧空间，并宣布未来将不再开发不具备AI能力的传统智能座舱。 在"一个座舱"战略指引下，极氪、领克、吉利、银河四大品牌的座舱研发实力将进行聚合，包括底层架构、生态、算力资源均进行整合，品牌之间智能座舱 的区别将聚焦在UI（用户界面）和个性化功能上。 此前，在智能座舱领域，吉利旗下多个品牌和研发机构分头研发，并适配在不同的车型上。这种"各自为战"的模式带来了重复投入、资源利用率不高、整体 实力难以大幅提升等问题。 在《台州宣言》战略聚焦的指引下，吉利的智能 ...

8月21日，极氪官微发布一条预告微博，"下午17：00 蹲？ " 对此，网友纷纷期待"最好是ota公告"，"不是OTA你就删了把，不然必被骂"，"不是OTA的话那你真的 是活够了"。 而在17：00，极氪官微发布了"抽取球赛门票"的相关微博并非网友期待的OTA升级，此举引发网友大量 吐槽，在评论区上演大翻车。 网友表示"不ota你搞个锤子抽奖觉得自己很幽默"、"这玩意没人看的 拿来抽奖搞宣传"。 | | W无糖可乐h ◆数83 滚(3 | | | --- | --- | --- | | | 25-8-21 17:00 来自上海 | ក 巴 古 123 | | | Jinji丶等人 共3条回复 ▼ | | | | 钧予 @ > 不ota你搞个锤子抽奖 > | | | | 25-8-21 17:01 来自广西 | ြ 94 67 Fil | | 一七世 | 源来根中华 @ 2018-2 看到评论区了吗 滚 烂透了 | | | | 25-8-21 17:01 来自广东 | 乙 四 13 65 | | | 源来根中华 ◆ tata2 滚 这玩意没人看的 拿来抽奖搞宣传 | | | | 25-8-21 17:01 来自 ...

点 击 蓝 字 关 注 我 们 本文全文共 3983 字，阅读全文约需 13 分钟 目录 国内新闻 1.1—7月江苏省固定资产投资同比下降 6.1％ 2.辽宁:前7个月规模以上工业增加值同比增长3.9% 3.河南7月新能源汽车产量激增近4倍 4.吉利发布行业首个AI座舱 5.开启招标报名 长城汽车筹备超豪车BG品牌 6.创维汽车智能与红旗品牌达成项目合作 7.智己L4级Robotaxi上海国际旅游度假区专线正式运营 8.太蓝新能源全固态电池生产基地落地武汉 国外新闻 1.美国加州着手制定新汽车排放标准 2.本田在印度成立新公司 提供销售金融服务 3.塔塔汽车重返南非市场 4.7月日本对美国汽车出口下降 商用车 1. 江淮汽车正式进驻印尼 推出三款电动商用车 2. 英国将电动厢式货车和卡车补贴延长至2027年 3. 重庆重点整治4.5吨以下轻型货车 4. Ram南美市场发布中型皮卡概念车 国内新闻 1—7月，全省基础设施投资同比增长4.8%，拉动全部投资增长0.7个百分点。大型基建项目支撑明显，10 亿元以上基础设施项目投资增长7.5%，拉动基础设施增长4.5个百分点。 1—7月，全省制造业投资同比下降2.2% ...

Group 1 - Guizhou is transforming its traditional chemical industry into a high-end, intelligent, and green manufacturing sector by leveraging digital infrastructure [1][3] - The Guizhou Phosphate Group has implemented an efficient logistics system that saves over 40 million yuan annually in logistics costs through a "phosphorus-sulfur exchange" model [1][3] - The smart factory at Hisense in Guiyang has increased its production capacity from 1.9 million units to 3.32 million units, with annual output value rising from 6.5 billion yuan to 9.5 billion yuan over seven years [3][4] Group 2 - Geely's manufacturing base in Guiyang has achieved significant production efficiency, with a new vehicle rolling off the assembly line every minute and a half [3][4] - The local automotive ecosystem has developed with over 40 auto parts companies, achieving a localization rate of 48% and generating over 20 billion yuan in output [4] - Guizhou's digital infrastructure supports over 60 companies in AI innovation, with a 100% acceptance rate for AI adaptation [4]

智通财经APP讯，吉利汽车(00175)发布公告，于2025年8月21日因集团雇员根据认股权计划(于2023年4 月28日获采纳)行使认股权而发行的普通股股份61.3万股;及于2025年8月21日因关连实体参与者根据认股 权计划(于2023年4月28日获采纳)行使认股权而发行的普通股股份26.25万股。 ...

对此，极氪科技集团副总裁、浙江浩瀚能源科技有限公司首席执行官赵昱辉在接受《中国汽车报》记者 采访时表示："《通知》是加速优化完善我国充电设施网络布局、推动大功率充电基础设施体系的关键 举措。而这一政策导向与浩瀚能源秉承的超快充路线，以及提升充电体验的核心理念高度契合。" 据介绍，浩瀚能源成立于2021年，是吉利体系内专注于充电补能业务的独立品牌。未来，浩瀚能源将打 造吉利体系充电补能"一张网"，整合现有充电补能技术与资源，为所有新能源汽车用户，提供公充、家 充、应急充电等全场景补能服务。 "公司成立之初、吉利着手布局补能业务时，就发现了新能源汽车用户的痛点。当时，我们大胆预测， 高功率超快充一定是破局的关键。"赵昱辉告诉记者，浩瀚能源自成立就开始布局超快充，2021年推出 360kW的V1极充桩，历经迭代，今年4月发布单枪峰值功率1.3MW的V4极充兆瓦桩，坚定投入超快充技 术研发与基础设施建设。按计划，到2026年底，公司将建成1万根800V超快充桩。 正在行动的企业不止一两家。例如，截至今年7月底，理想汽车超充站突破3000座。截至8月7日，蔚来 汽车建成超充站2926座、超充桩13555根。特斯拉也推动 ...

同时，吉利发布了全球首个可大规模上车的汽车超拟人智能体Eva，以及基于5层AI座舱原生架构打造的新一代AI座舱操作系统FlymeAuto2，领克10 EM-P、 吉利银河M9将率先搭载Flyme Auto 2。 新京报贝壳财经讯（记者林子）"吉利汽车不再开发不具备AI能力的传统智能座舱"，8月20日，吉利汽车集团副总裁、吉利汽车研究院院长李传海宣布吉利 汽车发布行业首个AI座舱，吉利汽车聚焦"一个座舱"，通过统一的AI OS架构、统一的Al Agent、统一的用户ID，打造全球首个实现"人-车-环境"自主协同的 智慧空间，引领智能汽车正式迈入AI座舱时代。 吉利汽车发布行业首个AI座舱。发布会截图 编辑 岳彩周 校对 杨利 ...