Core Viewpoint - The Japanese automotive market, historically dominated by local brands, is witnessing a significant shift as foreign electric vehicle (EV) manufacturers are beginning to penetrate this previously closed market, driven by the slow electrification of domestic brands and changing consumer preferences [4][5][6]. Group 1: Market Overview - Japan's automotive market has long been considered one of the most challenging for foreign brands, with local manufacturers holding over 90% market share [4]. - In 2025, Japan's total new car sales are projected to reach 4.5658 million units, with a 3.3% year-on-year increase, while foreign brands are starting to gain traction [5]. - The electric vehicle market in Japan is still in its infancy, with only 60,677 EVs sold in 2025, representing a mere 1.6% of total vehicle sales [5]. Group 2: Foreign Brands' Entry - The Japanese Imported Automobile Association reported a 7% increase in non-local brand vehicle sales in 2025, totaling 243,129 units, with pure electric imports surging by 26% to a record 30,513 units [6]. - Hyundai is making a comeback in Japan, with a 89% increase in sales in 2025, reaching 1,169 units, driven by the introduction of several electric models [8][10]. - Tesla's sales in Japan saw a remarkable 90% increase in 2025, reaching approximately 10,600 units, attributed to a shift in sales strategy towards physical stores [12][14]. Group 3: Chinese Brands' Expansion - BYD entered the Japanese market in 2023 and aims to establish 100 dedicated stores by 2025, achieving a 62% sales increase to 3,870 units in 2025 [15][18]. - Other Chinese brands, such as Zeekr and GAC, are also planning to enter the Japanese market, with unique offerings tailored to local consumer preferences [19][21]. Group 4: Domestic Brands' Response - Japanese automakers are not standing still; Toyota's new EV model bZ4X received over 10,000 orders within three months of its launch in late 2025, becoming the top-selling EV in Japan [24][27]. - Nissan and Honda are also launching new EV models to compete with foreign brands, with Nissan's new LEAF and Honda's N-ONE e: entering the market [27][28].

Core Viewpoint - BYD has filed an international patent application for a new graphite material and its preparation method, indicating a strong focus on innovation and R&D in the battery sector [1] Group 1: Patent Information - The patent is titled "Graphite Material, Preparation Method of Graphite Material, Negative Electrode, Secondary Battery, and Electric Equipment" with application number PCT/CN2025/075564, published internationally on February 5, 2026 [1] - This year, BYD has announced a total of 262 international patent applications, representing a significant increase of 495.45% compared to the same period last year [1] Group 2: R&D Investment - In the first half of 2025, BYD invested 29.596 billion yuan in research and development, which is a year-on-year increase of 50.84% [1]

证券之星消息，根据企查查数据显示比亚迪（002594）公布了一项国际专利申请，专利名为"电池外壳、电池、电池包和用电设备"，专利申请号 为PCT/CN2025/079373，国际公布日为2026年2月5日。 专利详情如下： | (12)按照专利合作条约所公布的国际申请 | (19)世界知识产权组织 | ! | | | | | --- | --- | --- | --- | --- | --- | | ■ 家 同 | (10)国际公布号 | (43) 国际公布日 | WO 2026/025881 A1 | | | | 2026年2月5日(05.02.2026) | (51) 国际专利分类号: | 姬曦威(JI,Xiwei):中国广东省深 | | | | | 518118 (CN)。 | H01M 50/593 (2021.01) | H01M 50/15 (2021.01) | 圳市坪山区比亚迪路3009号 518118(CN)。尹 | | | | 小强(YIN,Xiaoqiang);中国广东省深圳市坪山 | (21) 国际申请号: | PCT/CN2025/079373 | 区比亚迪路3009号 518118 ...

图片来源：世界知识产权组织（WIPO） 今年以来比亚迪已公布的国际专利申请262个，较去年同期增加了495.45%。结合公司2025年中报财务数据，2025上半年公司在研发方面投入了 295.96亿元，同比增50.84%。 数据来源：企查查 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 证券之星消息，根据企查查数据显示比亚迪（002594）公布了一项国际专利申请，专利名为"涂胶设备和涂胶系统"，专利申请号为 PCT/CN2025/087888，国际公布日为2026年2月5日。 专利详情如下： 相关ETF 人工智能AIETF (产品代码: 515070) ★ 跟踪：中证人工智能主题指数 近五日涨跌: -8.45% 市盈率: 60.69倍 资金流向: 最新份额为53.7亿份，增加 了3450.0万份，净申赎 6818.5万元。 估值分位: 67.85% 游戏ETF (产品代码：159869) 近五日涨跌: -3.77% 市盈率：39.87倍 资金流向: 最新份额为88.9亿份, 减少 了8500.0万份，净申赎-1.3 亿元。 估值分位 ...

证券之星消息，根据企查查数据显示比亚迪（002594）公布了一项国际专利申请，专利名为"一种石墨 复合材料及其制备方法、负极、电池和用电设备"，专利申请号为PCT/CN2025/079375，国际公布日为 2026年2月5日。 专利详情如下： 今年以来比亚迪已公布的国际专利申请262个，较去年同期增加了495.45%。结合公司2025年中报财务 数据，2025上半年公司在研发方面投入了295.96亿元，同比增50.84%。 数据来源：企查查 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 图片来源：世界知识产权组织（WIPO） ...

证券之星消息，根据企查查数据显示比亚迪（002594）公布了一项国际专利申请，专利名为"电池的端口组件、电池、电池包和用电设备"，专利 申请号为PCT/CN2025/077152，国际公布日为2026年2月5日。 专利详情如下： 图片来源：世界知识产权组织（WIPO） 今年以来比亚迪已公布的国际专利申请262个，较去年同期增加了495.45%。结合公司2025年中报财务数据，2025上半年公司在研发方面投入了 295.96亿元，同比增50.84%。 数据来源：企查查 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 相关ETF 人工智能AIETF (产品代码: 515070) ★ 跟踪：中证人工智能主题指数 近五日涨跌: -8.45% 市盈率: 60.69倍 资金流向: 最新份额为53.7亿份，增加 了3450.0万份，净申赎 6818.5万元。 估值分位: 67.85% 游戏ETF (产品代码：159869) ★ 跟踪：中证动漫游戏指数 近五日涨跌: -3.77% 市盈率：39.87倍 资金流向: 最新份额为88.9亿份, 减少 了8 ...

图片来源：世界知识产权组织（WIPO） 今年以来比亚迪已公布的国际专利申请262个，较去年同期增加了495.45%。结合公司2025年中报财务数据，2025上半年公司在研发方面投入了 295.96亿元，同比增50.84%。 证券之星消息，根据企查查数据显示比亚迪（002594）公布了一项国际专利申请，专利名为"防护排气组件、电池包以及用电装置"，专利申请号 为PCT/CN2025/077997，国际公布日为2026年2月5日。 专利详情如下： 数据来源：企查查 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 相关ETF 人工智能AIETF (产品代码: 515070) ★ 跟踪：中证人工智能主题指数 近五日涨跌: -8.45% 市盈率: 60.69倍 资金流向: 最新份额为53.7亿份，增加 了3450.0万份，净申赎 6818.5万元。 估值分位: 67.85% 游戏ETF ★ 跟踪：中证动漫游戏指数 近五日涨跌: -3.77% 市盈率：39.87倍 资金流向: 最新份额为88.9亿份, 减少 了8500.0万份，净申赎-1.3 亿 ...

专利详情如下： 证券之星消息，根据企查查数据显示比亚迪（002594）公布了一项国际专利申请，专利名为"电池盖和 电池"，专利申请号为PCT/CN2025/075778，国际公布日为2026年2月5日。 今年以来比亚迪已公布的国际专利申请262个，较去年同期增加了495.45%。结合公司2025年中报财务 数据，2025上半年公司在研发方面投入了295.96亿元，同比增50.84%。 数据来源：企查查 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 图片来源：世界知识产权组织（WIPO） ...

Core Viewpoint - The Chinese automotive industry is facing a slowdown in sales growth due to policy adjustments and the holiday season, aligning with predictions of a market shift in 2026 [1][2]. Industry Overview - According to Morgan Stanley, Chinese passenger car sales are expected to grow by 9% year-on-year in 2025, reaching a historical high, before declining by 5% in 2026 [2]. - Despite continued growth in new energy vehicle (NEV) sales and exports, a potential decline of around 30% in the first quarter is anticipated due to changes in subsidies and purchase tax policies, which may further impact annual sales [4]. - The industry consensus indicates that the Chinese automotive sector is entering a decisive phase, with pessimistic views suggesting that only 5-7 NEV companies may survive in the coming years, while optimistic estimates suggest a maximum of 10 [5]. Competitive Landscape - As competition intensifies, new models are set to launch, with over 20 different NEV models preparing to enter the market post-Spring Festival, indicating a fierce battle for market share in the upcoming months [6][7]. - The focus of new vehicle launches is on high-end features, with three key themes identified: high-end, high-end, and high-end [8]. New Model Highlights - The new Li Auto L9 features a larger size and advanced technology, including a 72.7 kWh battery and various high-tech components, positioning it as a critical product for Li Auto's success this year [11]. - The Xiaomi YU7 GT, with enhanced performance specifications, aims to compete directly with high-end models like the Porsche Cayenne Turbo GT [15]. - The AITO M6, a new model from AITO, is designed to target the market segment dominated by Model Y and Li L6, offering both pure electric and range-extended versions [19]. - XPeng's GX model aims to leverage L4-level autonomous driving technology, featuring advanced specifications and a focus on high-end market penetration [26]. - The Wey V9X, as a new model from Great Wall Motors, is positioned to compete with other large SUVs in the market, although pricing details are yet to be announced [31]. - The Volvo ES90, a pure electric sedan, is part of Volvo's accelerated electrification strategy, sharing technology with the EX90 and focusing on safety, range, and intelligence [44]. - The Zeekr 8X performance version emphasizes extreme performance and rapid charging capabilities, set to compete with the Xiaomi YU7 GT [49].

2026.02.07 本文字数：1688，阅读时长大约3分钟 作者 |第一财经 陈玺宇 封面图 |"破冰者"活动现场（第一财经摄像阿卓摄） 当地时间6日晚间，英国48家集团"破冰者"新春晚宴在伦敦举行。 在全球贸易不确定性上升的背景下，这一连续举办多年的活动，被视为观察中英经贸走向的重要窗口。 在活动现场，多位中英工商界人士向第一财经记者表示，今年以来，中英经贸关系正在回暖，双方态度 也更趋向务实。 48家集团主席杰克·佩里（Jack Perry）告诉第一财经，近期中英高层互动为双方关系提供了新的契机， 有助于增强企业界对中英经贸合作的信心。 从"气氛改善"到"信心修复" 多位英国商界人士在采访中对中国在全球经济中的角色给出了相对一致的判断。保诚集团候任主席范智 廉爵士（Sir Douglas Flint）在接受第一财经记者采访时表示，尽管近期全球市场波动加剧，但中国在制 造业、创新、能源转型以及低碳经济领域依然处于领先位置，在新技术和新经济板块中的作用"极其重 要"。在他看来，无论是机器人、新能源汽车，还是医疗健康和制药产业，中国都已成为全球产业链中 不可忽视的一环。 范智廉同时提到，近期中英关系出现的积极 ...