不过，部分地区汽车置换更新补贴的暂停对客流产生一定影响。例如，某自主品牌销售门店工作人员对 《证券日报》记者表示，补贴退出后，到店客户和成交量明显减少，不少消费者选择观望。 近期上市的新能源汽车成为消费者试乘试驾的热点车型。北京某新势力车企销售门店工作人员向《证券 日报》记者透露，国庆中秋假期期间，客流是平日的3倍，新能源车型试乘需排队40分钟。记者注意 到，在销售门店内，部分消费者甚至带着计算器现场对比补贴力度；在青岛万象城上汽大众汽车有限公 司（以下简称"上汽大众"）展区，主打油电同智的新款途昂Pro引得消费者竞相试乘。 本报记者 刘钊 "国庆中秋8天长假，我用4天时间试驾了市面上的几款热门车型，这些车性价比很高，我已经成功下 单。"刚刚从青岛某新势力车企4S销售门店走出来的张先生高兴地对《证券日报》记者说，"原先新车需 要几个月的生产排期，现在普遍上市就能提车，下个星期我就能开着新车去上班了。" 据了解，国庆中秋假期，苏州、南京、广州等多地举办了大型车展，车企携数千款车型集中亮相，叠加 购车补贴、消费券等政策利好，带动车市成交及销售金额增长。 从市场表现来看，9月份的乘用车销量同比稳步增长，新能源汽车占 ...

瑞银发表报告指，将零跑汽车(9863.HK)评级由"沽售"升至"中性"，目标价由25港元大幅上调至72港 元。该行指，此前曾担忧电动车市场竞争加剧及持续的成本管控执行力，但零跑强劲的月度销售动能缓 解了有关顾虑，预期强劲销量增长将持续至年底。由于销售动能强劲，该行将零跑2025至27年度各年销 售预测分别上调至60万、90万及100万辆，并更新净利润预测至7.27亿元、33亿元及50亿元人民币。 ...

Core Insights - Multiple electric vehicle brands reported their September sales figures, with Leap Motor achieving a record delivery of 66,657 vehicles, marking a year-on-year growth of over 97% [1] - Xpeng Motors followed closely with a delivery of 41,581 vehicles in September, a year-on-year increase of approximately 95% [2] - NIO delivered 34,749 vehicles in September, reflecting a year-on-year growth of 64% [2] - Li Auto maintained its leading position in the SUV market above 200,000 yuan, with a total delivery of 33,951 vehicles in September [3] Company Performance - Leap Motor's total deliveries from January to September reached 395,516 vehicles, representing a year-on-year increase of 128.8% [1] - Xpeng Motors achieved a cumulative delivery of 313,196 vehicles in the first nine months of the year, showing a year-on-year growth of approximately 218% [2] - NIO's cumulative deliveries reached 872,785 vehicles, with the NIO brand accounting for 762,176 vehicles [2] - Li Auto's total cumulative deliveries reached 1,431,021 vehicles as of September 30, 2025 [2] Market Trends - The overall retail market for narrow passenger vehicles in September is estimated at around 2.15 million units, with a month-on-month growth of 6.5% and a year-on-year growth of 2.0% [5] - The retail sales of new energy vehicles are expected to reach approximately 1.25 million units, with a penetration rate of 58.1% [5] - The market is anticipated to enter a new phase of rapid growth for new energy vehicles, driven by the release of new models and increasing consumer interest [5]

Core Insights - The domestic automotive market in September 2025 shows a dual trend of growth in both new energy and traditional fuel vehicles, with significant competition among new energy brands and a structural recovery in fuel vehicles [1][6][11] New Energy Vehicle Market - Leap Motor achieved a record monthly delivery of 66,657 units in September, marking a 97% year-on-year increase and becoming the top new energy brand [2] - Other leading new energy brands, such as Hongmeng Zhixing and Xiaopeng, also reported monthly deliveries exceeding 40,000 units, indicating a heightened competitive threshold in the market [2][4] - Xiaomi's automotive division has raised its annual delivery target from 300,000 to 350,000 units, with over 250,000 units delivered by September [2] Traditional Fuel Vehicle Market - The fuel vehicle market is experiencing a structural recovery, with approximately 9 models selling over 10,000 units in September, accounting for about 20% of total fuel vehicle sales [6][10] - Notable models like the Nissan Sylphy and CR-V are capitalizing on family user needs, with competitive fuel efficiency [9] - Traditional automakers are seeing growth in their new energy models, with Changan and Chery reporting significant year-on-year increases in sales [4][5] Market Dynamics - The fuel vehicle market is becoming increasingly concentrated, with a few top models dominating sales, leading to challenges for smaller brands [10][11] - The recovery of fuel vehicles is supported by price reductions and policy incentives, which have stimulated demand [7][9] - Future competitiveness for fuel vehicles will depend on their ability to innovate and differentiate in terms of technology and user experience, rather than relying solely on price competition [11][12]

FF301 備註： 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 浙江零跑科技股份有限公司 呈交日期: 2025年10月8日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 其他類別 (請註明) | | | 於香港聯交所上市 (註1) | | 否 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | N/A | 說明 | 內資股 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | | 法定/註冊股本 | | | 上月底結存 | | | 290,765,512 | RMB | | | 1 RMB | | | 290,765,512 | | 增加 / 減少 (-) | | | | | | | RMB | | | | | 本月底結存 | | | 290,765,512 | RMB | | | 1 RM ...

1.【零跑汽车将于11月启动巴西市场销售】 与斯泰兰蒂斯Stellantis合作开拓国际市场的零跑汽车在 圣保罗举行发布会称，11月初将在巴西启动销售。销售将从巴西主要城市的36家经销店开始。首批 上市的车型是进口自中国的B10和C10。零跑汽车预计将在巴西上市前几天启动智利的销售。（新浪 科技） 2.【特斯拉推出售价39,990美元的新版Model Y】 10月8日消息，特斯拉推出售价39,990美元的新 版Model Y，让旗下这款最畅销的车型价格更亲民，以应对美国电动汽车补贴取消带来的影响。根据 公司官网信息，这一新款起售价比此前基础版Model Y便宜约11%。新款的预计续航里程为321英 里，比高配版低约10%，取消了第二排触控屏，扬声器数量不到高配版的一半。（IT之家） 扫码可订阅产业日报 欢迎加入 睿兽分析会员 ，解锁 AI、汽车、智能制造 等相关 行业日报、图谱和报告 等。 国家高新 小时一手资讯 技术企业 C 3 7 + # 创投人物 投融资及收并购事件 热门产业 C 创新机会 F F 海 2万+LP数据 全生命周期 10万+基金数据 独角兽企业 各维度权威榜单 1万+专精特新小巨人 El ...

Core Viewpoint - The article highlights various marketing strategies and initiatives taken by different automotive brands in China during September 2025, showcasing how they leverage significant events and collaborations to enhance brand visibility and consumer engagement [4][5][6]. Group 1: Red Flag's Marketing Strategy - Red Flag's actions during the 93rd National Day parade included returning nearly 80 ceremonial cars to their owners, accompanied by a thank-you letter and a detailed vehicle inspection, which fostered a sense of pride among car owners [4][5]. - The brand's approach of combining emotional marketing with tangible actions has created a strong connection between the owners and the Red Flag brand, setting it apart from competitors who also attempted to capitalize on the event [5][6]. Group 2: Deep Blue's Brand Positioning - Deep Blue launched a promotional video titled "Running Chinese Cars," which honored 27 automotive brands while subtly positioning itself, emphasizing the collective growth of the Chinese automotive industry [6][9]. - The marketing strategy reflects a shift from aggressive competition to a more collaborative approach, aligning with the brand's new identity as a state-owned enterprise [9][10]. Group 3: Zeekr's Global Outreach - Zeekr hosted a "Global First Luxury Electric Car Diplomat Experience" event, inviting diplomats from 40 countries to experience its vehicles, aiming to establish a strong association with luxury and enhance its global presence [11][12]. - The event generated significant online engagement, with related topics on social media reaching over 210 million views, indicating a successful branding effort [14]. Group 4: NIO Day 2025 - NIO Day 2025 focused on the theme of "Growth," involving extensive user participation in creating a song and documentary, which reflects the brand's commitment to community and user engagement [15][17]. - The event was strategically timed to address year-end sales pressures and improve brand perception amidst challenges faced earlier in the year [17][18]. Group 5: Lantu's Cultural Integration - Lantu's "Era Fashion Night" showcased its vehicles in a culturally rich setting, emphasizing the integration of Chinese aesthetics with modern technology, aiming to establish a unique brand identity [19][20]. - The event highlighted Lantu's commitment to creating a luxury brand that resonates with Chinese cultural values, which is crucial in a competitive high-end market [22]. Group 6: Li Auto's Brand Evolution - Li Auto announced a partnership with celebrity Yi Yangqianxi, marking a shift in its marketing strategy from product-driven to a dual approach that includes brand ambassadors to attract younger consumers [23][26]. - This change comes in response to declining sales and aims to reposition the brand in the eyes of a younger demographic, enhancing its appeal [26][27]. Group 7: Leap Motor's Innovative Collaboration - Leap Motor collaborated with IKEA for a pop-up event, focusing on the concept of "space" in automotive design, which aligns with contemporary consumer preferences for lifestyle-oriented products [28][31]. - The event successfully increased foot traffic and sales, demonstrating the effectiveness of experiential marketing in the automotive sector [31]. Group 8: Great Wall's Endurance Race - Great Wall Motors' founder participated in a challenging endurance race, showcasing the reliability of its vehicles and reinforcing the brand's commitment to quality and performance [32][36]. - This hands-on approach by the founder enhances brand credibility and connects with consumers on a personal level, promoting a culture of adventure and resilience [36][37]. Group 9: BYD's Youth Engagement - BYD's "I Di New Generation 2025" event aimed to reshape its image by highlighting the talents of its young employees, fostering a connection with the younger audience [38][41]. - The initiative reflects BYD's strategy to engage with younger consumers through innovative and entertaining formats, moving away from traditional marketing methods [41]. Group 10: Xiaomi's Strategic Shift - Xiaomi's founder delivered a speech outlining the company's strategic shift towards becoming a "hardcore technology company," aiming to redefine its market position amidst challenges in the automotive sector [42][45]. - The speech, however, faced criticism for lacking substance and failing to address product-related issues, which negatively impacted investor confidence [45][46].

Market Overview - After several days of increase, the Hong Kong stock market experienced a correction on October 3, with the Hang Seng Index falling by 0.54% to close at 27,140.92 points, the Hang Seng Tech Index down by 0.90%, and the State-Owned Enterprises Index decreasing by 0.68% [1]. Electric Vehicle Sector - The electric vehicle sector saw significant declines, with BYD shares dropping nearly 4%, Li Auto down over 3%, NIO down over 2%, and Geely down over 1% [3]. - Recent operational data from several automakers revealed that BYD's September sales of new energy vehicles reached approximately 396,300 units; NIO delivered 34,749 new vehicles in September, marking a year-on-year increase of 64%; and Li Auto delivered 33,951 new vehicles in September [3]. Other Sectors - The water, computer, and peripheral device sectors also experienced notable declines [4]. Nuclear Power Sector - The nuclear power sector saw gains, with China National Nuclear Corporation rising over 20% and China General Nuclear Power Corporation increasing over 6% [5]. - Recent positive developments in the nuclear energy field include a significant breakthrough in the construction of the compact fusion energy experimental device BEST in Hefei, Anhui. The total assembly work for BEST is set to officially start in May 2025, with expectations to complete it two years later, aiming to demonstrate fusion energy generation globally for the first time [5]. Energy Market Dynamics - The global energy market is facing structural changes and demand challenges due to the increasing need for AI and computing power [6].

Group 1 - The Hong Kong automotive stocks experienced a collective decline, with major players such as BYD, Xpeng, and Li Auto dropping over 4% [1] - NIO and Geely also saw declines of over 2%, indicating a broader downturn in the sector [1] - The market capitalization of BYD is approximately 988.3 billion, with a year-to-date increase of 24% despite the recent drop [2] Group 2 - Xpeng's stock price fell by 4.31%, with a current price of 90.95 and a year-to-date increase of 94.96%, reflecting strong performance earlier in the year [2] - Li Auto's stock decreased by 4.17%, currently priced at 97.75, with a modest year-to-date increase of 4.04% [2] - Leap Motor's shares dropped by 3.62%, with a current price of 66.50 and a significant year-to-date increase of 104.30% [2]

Group 1: Market Overview - The Hong Kong stock market indices rose collectively, with the Hang Seng Index increasing by 1.61%, the National Enterprises Index by 1.77%, and the Hang Seng Tech Index by 3.36% due to rising expectations of a Federal Reserve interest rate cut [1] - Chip stocks experienced significant gains, with SMIC (00981.HK) up 12.7%, ChipMOS Technologies (02166.HK) up 10.71%, and Hua Hong Semiconductor (01347.HK) up 7.12% [1] - The AI investment surge is driving demand for semiconductor storage, supported by domestic wafer fabrication expansion plans [1] Group 2: Sector Performance - Gold and precious metals stocks saw substantial increases, with Tongguan Gold (00340.HK) rising 15.13% and Zijin Mining (02899.HK) up 3.99%, driven by lower-than-expected U.S. employment data and heightened gold price expectations [2] - The automotive supply chain, including lithium battery and electric vehicle stocks, performed well, with Tianqi Lithium (09696.HK) up 12.93% and BYD Electronics (00285.HK) up 6.63% [2] - Biopharmaceuticals, innovative drugs, and medical outsourcing sectors also showed strong performance [3] Group 3: Underperforming Sectors - The real estate sector declined, with companies like Oceanwide Holdings (03377.HK) down 4.38% and China Resources Land (01109.HK) down 3.42% [3] - Consumer sectors, including film, aviation, education, dairy products, sports goods, and luxury goods, faced pressure and showed weakness [4]