人民财讯8月8日电，企查查APP显示，8月8日，浙江凌舒科技有限公司成立，法定代表人为曹力，注册 资本1亿元，经营范围涉及汽车零部件研发、普通货物仓储服务、供应链管理服务、货物进出口、技术 进出口等。企查查股权穿透显示，该公司由零跑汽车间接全资持股。 ...

Core Insights - In July, the overall performance of the new energy passenger vehicle industry was strong, with 19 manufacturers achieving monthly wholesale sales exceeding 10,000 units, an increase of 2 companies year-on-year and 1 company month-on-month [1] Summary by Category Sales Performance - The total wholesale sales of new energy passenger vehicles reached 92.1% in July, up from 91.3% in the previous month and 88.9% in the same month last year [1] Leading Manufacturers - The top manufacturers by sales volume included: - BYD Auto: 341,030 units - Geely Auto: 130,124 units - Changan Auto: 75,925 units - Tesla China: 67,886 units - Chery Auto: 62,107 units - SAIC-GM-Wuling: 59,580 units - Leap Motor: 50,129 units - Seres Auto: 41,676 units - Xpeng Motors: 36,717 units - Great Wall Motors: 34,593 units - Li Auto: 30,731 units - Xiaomi Auto: 30,452 units - Dongfeng Auto: 29,269 units - GAC Aion: 21,124 units - NIO: 21,017 units - FAW Bestune: 16,771 units - SAIC Passenger Cars: 14,870 units - FAW Hongqi: 12,033 units - Zhiji Auto: 11,861 units [1]

天眼查工商信息显示，8月8日，浙江凌舒科技有限公司成立，法定代表人为曹力，注册资本1亿人民 币，经营范围含汽车零部件及配件制造、汽车零部件研发、汽车零配件零售、汽车零配件批发、塑料制 品制造、塑料制品销售、普通货物仓储服务等。股东信息显示，该公司由零跑汽车有限公司全资持股。 ...

Core Viewpoint - The Chinese automotive market is expected to recover significantly by 2025, driven by favorable policies and improved market order, with passenger car retail growth projected at 6%, exports at 14%, and new energy vehicle wholesale growth at 27% [1][2]. Market Recovery and Growth - The China Automobile Dealers Association (CADA) has raised its 2025 automotive industry forecast due to positive trends in the first half of the year, including a 10.8% increase in total passenger car retail and a 33.3% increase in new energy vehicle retail from January to June [2][4]. - The forecast for 2025 includes a retail volume of 24.35 million passenger cars, an increase of 300,000 units from previous estimates, and a wholesale volume of 34.04 million units, reflecting an 8% year-on-year growth [1][2]. Market Order Improvement - The phenomenon of "involution" and irrational price competition has significantly decreased, with the number of discounted models rising from 50 in 2020-2022 to 147 in 2024, but only 106 in the first half of 2025, indicating a return to rational pricing [2][4]. - The automotive industry's profit margin reached 6.9% in June, a notable increase from 3.8% in June of the previous year, reflecting improved market conditions [4]. Sales Performance - In July, all nine traditional car manufacturers reported year-on-year sales growth, with BYD and SAIC Motor leading with monthly sales around 340,000 units [4][5]. - Geely Auto showed the fastest growth rate in July, with sales exceeding 237,000 units, marking a 58% increase year-on-year [5][6]. New Energy Vehicle Outlook - The forecast for new energy vehicle wholesale in 2025 is set at 15.48 million units, with a penetration rate of 56%, despite a slight decrease from previous estimates [6][8]. - In July, the wholesale volume of new energy vehicles reached 1.18 million units, a 25% increase year-on-year, with significant contributions from brands like Leap Motor and Xpeng Motors [7][8]. Export Growth - The forecast for passenger car exports in 2025 is 5.46 million units, reflecting a 14% increase, with a total increase of 160,000 units from earlier predictions [9]. - In the first half of 2025, China's automotive exports reached 3.083 million units, a 10.4% increase year-on-year, with passenger cars accounting for 84% of total automotive exports [9].

Core Viewpoint - Leap Motor has begun supplying its self-developed battery packs to commercial vehicle manufacturers, marking a significant shift in its component supply business and aiming to replicate BYD's successful model of selling both complete vehicles and components [4][12][10]. Group 1: Business Development - Leap Motor's subsidiary, Lingxiao Energy, has received orders from over five new energy commercial vehicle clients, indicating a new phase for its component supply business [5][12]. - The company aims to expand its self-research capabilities to all high-value components, beyond just the core three electric systems [8][9]. - Leap Motor's strategy includes forming partnerships with major clients like Stellantis and Hongqi to share R&D costs and develop new models [10][11]. Group 2: Market Analysis - The domestic commercial vehicle market is less saturated compared to the passenger vehicle market, presenting a significant growth opportunity for new energy commercial vehicles [14][18]. - In the first half of the year, the sales of new energy commercial vehicles reached 402,000 units, a year-on-year increase of 66.5%, indicating a strong growth trajectory [17]. - The penetration rate of new energy in the commercial vehicle market is currently below 20%, suggesting substantial room for future growth [18]. Group 3: Competitive Landscape - Compared to passenger vehicles, commercial vehicle users are more cost-sensitive, making Leap Motor's combination of battery cells from CATL and its own battery packs a more cost-effective solution [20]. - CATL has chosen to collaborate with Leap Motor for battery packs, despite its capability to sell complete battery solutions, indicating a strategic alliance to enhance market presence [25][26]. - Leap Motor's sales have surged, with a 156% year-on-year increase in vehicle deliveries in the first half of the year, highlighting its growing market share [29].

Domestic News - Xiaopeng Motors shifts its design philosophy to prioritize aesthetics, committing an annual investment of 2 billion yuan to enhance vehicle design [6] - NIO has launched 11 battery swap stations along the G318 Sichuan-Tibet line, with plans to establish a total of 15 stations [7] - Leap Motor has deepened its battery collaboration with CATL, supplying self-developed battery packs to over five new energy commercial vehicle clients [8] - Li Auto has opened 67 new supercharging stations across various provinces in China during the last week of July 2025 [9] - WeRide has increased its registered capital from 3 billion to 3.5 billion yuan, marking a 17% growth [10] - Huawei has published a patent for a vehicle platooning method aimed at enhancing the safety of intelligent driving [11] - Cao Cao Mobility is exploring the tokenization of real-world assets and stablecoin payments in collaboration with a licensed financial institution [12] - FAW Hongqi plans to launch its first flying car product by 2029, with a goal for commercial passenger flight by 2035 [13][14] International News - The UK automotive market saw a 5% year-on-year decline in new car registrations in July, although plug-in hybrid and electric vehicle registrations increased by 33% and 9.1%, respectively [14] - General Motors and Hyundai are collaborating to develop five new models targeting the Central and South American markets, with an expected annual sales of over 800,000 units [15] - Faurecia and EVE Energy have achieved the global mass production of a 12V lithium battery management system, set to launch in European luxury passenger vehicles [16] - BMW is set to globally debut its new generation model, the BMW iX3, at the 2025 Munich Auto Show [18] Commercial Vehicles - GAC's self-developed heavy-duty truck battery has successfully passed the stringent new national standard certification for electric vehicle batteries [19] - Remote's "Alcohol-Hydrogen + Electric" series solutions for new energy heavy-duty trucks were unveiled, promoting full-scenario applications in the industry [20] - Xiamen Golden Dragon's overseas bus sales reached nearly 6,000 units in the first half of 2025, marking a 60% increase year-on-year [21] - Suzhou Golden Dragon has delivered its L4 level autonomous driving bus for testing in Hangzhou, showcasing advancements in intelligent transportation [22]

Group 1 - The core point of the news is that Leapmotor is in talks with Huawei for potential collaboration, focusing on smart driving solutions, vehicle ecosystem, or supply chain technology [2] - Leapmotor has achieved significant sales growth, becoming the top-selling new car manufacturer in China, with July deliveries reaching a record high of 50,129 units, a year-on-year increase of over 126% [2] - The collaboration with Huawei could enhance Leapmotor's brand value, particularly in key technology areas such as smart cockpit and autonomous driving [2] Group 2 - Leapmotor adheres to a "fully self-research" strategy, with its smart driving system, Leapmotor Pilot, utilizing a "pure vision + millimeter-wave radar" perception solution, emphasizing cost-effectiveness by avoiding high-cost lidar [3] - The Leapmotor Pilot system has reached version 3.0, featuring core functions such as ACC, LCC, ALC, APA, highway NOA, and city NAC, with some models offering optional lidar [3] - Leapmotor's smart driving features primarily address existing issues but still lag behind leading manufacturers like Huawei, as it heavily relies on high-precision maps and cannot achieve map-free autonomous driving [3]

Core Insights - The automotive industry is returning to rationality after a period of "involution," with average price reductions for new energy vehicles and fuel vehicles at 17,000 yuan and 13,000 yuan respectively, representing decreases of 11.1% and 10.4% [1] - Sales data for July indicates a mixed performance among major manufacturers, with several experiencing year-on-year declines in sales [1] - The total retail market for narrow passenger vehicles in July is estimated at around 1.85 million units, showing a year-on-year increase of 7.6% but a month-on-month decrease of 11.2% [1] Group 1: Major Players in the Market - BYD remains the leader in sales among the "self-owned five strong," with over 340,000 units sold in July, maintaining a stable monthly sales figure of around 380,000 units for five consecutive months [2][4] - Geely and Chery follow closely, with Geely's sales at 237,700 units, supported by a 120% year-on-year increase in its new energy segment [4] - Chery's sales reached 224,400 units, bolstered by strong export performance, while SAIC's sales were 214,000 units, with a balanced contribution from new energy and overseas markets [4] Group 2: New Energy Vehicle Segment - Leap Motor leads the new energy vehicle segment with over 50,000 units sold in July, marking a year-on-year increase of over 126% [5] - Xiaopeng and Xiaomi also performed well, with Xiaopeng delivering 36,700 units (up 229% year-on-year) and Xiaomi exceeding 30,000 units for the first time since its launch [7] - Ideal and NIO showed fluctuations in sales, with Ideal delivering 30,700 units and NIO 21,000 units [7] Group 3: Joint Venture Brands - Joint venture brands are experiencing a resurgence, with FAW-Volkswagen selling 113,000 units in July, and both Toyota brands achieving sales of 60,000 units each [9] - SAIC-GM saw significant growth, with sales increasing by 181.68% year-on-year to 42,300 units, driven by strong performance from the Buick brand [9] - Several joint venture new energy models are gaining traction, with GAC Toyota's pure electric SUV and Dongfeng Nissan's N7 showing promising sales figures [9] Group 4: Market Outlook - Despite seasonal challenges, the overall automotive market is expected to maintain steady growth, particularly in the new energy vehicle sector, which is injecting new vitality into the market [10]

Group 1 - In July 2025, the company achieved a record delivery of 50,129 vehicles, representing a year-on-year growth of 126.9% and a month-on-month increase of 4.4% [1] - Cumulatively, from January to July 2025, the total sales reached 272,000 vehicles, marking a year-on-year increase of 149.8% [1] - The company has set a sales target of 500,000 vehicles for 2025, anticipating continued rapid growth in sales and revenue [1] Group 2 - The company plans to launch 2-3 new products globally each year over the next three years, with the B10 and B01 already launched in 2025, and an additional B-series model planned for release priced between 100,000 to 150,000 yuan [2] - As of June 10, 2025, the company has established 942 stores in China, including 303 main stores, 492 experience centers, and 147 service centers, covering 286 cities, along with over 600 sales and service outlets internationally [2] - The company is increasing investment in intelligent driving technology, with the LEAP 3.5 system set to be implemented across four major series, offering lifetime free OTA upgrades [2] Group 3 - The company is leveraging its technological advantages to create a strong price-performance ratio, leading to rapid sales growth and improved financial metrics, with a focus on achieving profitability in the domestic market [3] - The partnership with Stellantis, the fourth largest automotive group globally, allows the company to utilize its extensive sales and service network for a low-investment, flexible international expansion strategy [3] - Projected sales for the company are expected to reach 570,000, 890,000, and 1,210,000 vehicles in 2025, 2026, and 2027 respectively [3]

全域自研是零跑最重要的竞争策略之一，尤其在新能源车最核心的三电领域，零跑多年前便尝试自研，并孵化出了主营电驱系统研发的凌昇动力，以及上 述的凌骁能源等子公司。 7月份，零跑CEO朱江明又表示，会将自研范围，从三电、智能座舱、智能驾驶，扩大至所有有能力自研的高附加值零部件。 而零跑自研零部件的目的，不仅是降本，在某种程度上，它还想复制比亚迪的成功路径——既卖整车，也外供零部件。 对零跑来说，电池包是整车上最核心的零部件，接到多家商用车企的电池包订单，意味着零跑的零部件外供业务，进入了一个新局面；于宁德时代而言， 引入零跑这样一个"中间商"，或将使宁德时代凭借更具性价比的方案，在商用车市场获取更多市场份额。 难入乘用车供应链，零跑入局商用车 近日，36氪汽车了解到，零跑汽车自研的电池包也已开始外供，其电芯采购自宁德时代及其他电池厂商，电池包则来自零跑。这项业务由零跑旗下，一家 专注于电池技术研发的子公司凌骁能源承接。 目前这家子公司已接到超过5家新能源商用车客户的订单，同时它也在持续开拓新的客户。犀重新能源就是正与之深入洽谈的商用车企之一。 Stellantis就是零跑的重要客户之一。去年，零跑与Stellant ...