从官宣合作到定价预售，再到退单风波，由京东、广汽和宁德时代共同推出的"国民好车"埃安UT super每一个节点都备受瞩目。 从分工来看，京东负责埃安UT super的获客、线上销售（也是唯一销售渠道）、金融、保险等服务；广汽负责产品的制造、线下试驾和交付；宁德时代则 是负责电池及换电相关的服务。 看似每个合作方都在负责自己最擅长的业务，预想中能创造出成倍的收益，但网络上潮水一般的退单和吐槽表明，目前三方的合作还处于1+1+1<1的磨合 阶段。 12月1日，广汽、宁德时代、京东三方共同组织了一场"用户全开麦"埃安UT super用户面对面"听劝"恳谈会。三方对争议最大的几个问题作出了回应。 第一个，是实际配置与宣传不符的问题。有许多用户发现埃安UT super的宣传图中有天窗，下定后发现实际配置中没有天窗，让消费者陷入迷茫和愤怒的 情绪。 广汽集团埃安BU副总裁、埃安品牌首席用户官杨龙对此回应，用户看到的宣传图是埃安社区上介绍三方合作生态内容出现的一张"天窗图片"，是内容审 核的失误，在上市发布三天后已发现并立刻修正，并对所有官方内容完成自查，埃安对此深表歉意。从上市当天开始，在三方各种平台的产品配置表上， 也 ...

近日，中国汽车维修行业协会发布《2025年汽车售后服务客户满意度调查(CAACS卡思调查)》，本次调 查共涉及38个品牌、185款车型。在新能源品牌客户满意度排行榜中，广汽埃安以86.39分高居所有品牌 第一名，特斯拉和问界分列第二、三位。车型方面，Aion S和Aion Y分别拿下新能源A级车第一名、新 能源SUV第一名。 | | | 地,新能源品牌得分,是 | | | --- | --- | --- | --- | | 品牌名称 | 客户满意度 | 品牌名称 | 客户满意度 | | 广汽埃安 | 86.39 | 极氮汽车 | 85.26 | | 特斯拉 | 86.11 | 小鹏汽车 | 85.14 | | 间界汽车 | 85.85 | 理想汽车 | 85.11 | | 蔚来汽车 | 85.67 | 腾势汽车 | 84.42 | | 比亚迪汽车 | 85.61 | 深蓝汽车 | 84.31 | | 零跑汽车 | 85.55 | | | 卡思调查，行业良性发展的"风向标" 近年来，新能源汽车价格战愈演愈烈。部分企业以低价吸引消费者，在加剧行业竞争的同时，也带来了 产品质量不稳定、售后服务体验下降等"割韭菜"现 ...

Core Insights - Aion UT Super has achieved impressive sales, delivering over a thousand units in its first week, with 99% of transactions occurring online, marking it as a strong contender in the recent electric vehicle market [1][19] - The collaboration between JD.com, GAC Aion, and CATL has created a highly synergistic ecosystem that enhances the product's competitiveness [4][21] Group 1: Product Features - Aion UT Super is recognized as the "National Endurance King," offering a unique 500 km range among its peers, alleviating concerns about urban travel limitations [6][23] - The vehicle features a spacious interior, with a rear width of 1385 mm and legroom of 905 mm, providing a comfortable experience comparable to larger vehicles [7][24] - It is equipped with advanced smart technology, including the IBCM intelligent vehicle control system, enhancing user convenience and experience [9][26] - Safety features include a 540° panoramic imaging system and a reverse anti-mistake system, improving safety for new drivers and families [11][28] Group 2: Marketing and Promotions - In conjunction with the Double 12 shopping festival, JD.com and GAC Aion have introduced a "five-fold safety net" promotion, which includes tax exemptions and subsidies to lower the purchase cost for consumers [12][29] - The promotional package includes a maximum subsidy of 4000 yuan, a "worry-free service package" valued at 2600 yuan, and a chance to win tickets to a New Year's Eve concert [14][32] - The "9.9 yuan nationwide test drive" initiative allows potential buyers to experience the vehicle firsthand, making it a significant decision-making factor for consumers [18][34]

Investment Rating - The report assigns a "Buy" rating to several companies in the automotive sector, including Xpeng Motors, Geely Automobile, Great Wall Motors, BYD, GAC Group, and others, with target prices ranging from 2.5 to 125 [3][4]. Core Insights - The Chinese automotive industry is expected to achieve record-high retail and wholesale sales in 2025, with a more complex landscape anticipated in 2026 due to the phasing out of subsidies and tax incentives [2][4]. - The report expresses a more optimistic view on the resilience of the automotive sector compared to market expectations, predicting a slight decline in retail sales by 0.1% to 2,415 million units in 2026, while wholesale sales are expected to grow by 2.9% to 3,125 million units [4][22]. - The competition in the automotive sector is expected to intensify, with a record number of new models anticipated in 2026, leading to a potential increase in market share for domestic brands [4][24]. Summary by Sections Sales Forecast - Retail sales of passenger vehicles in China are projected to reach 2,418 million units in 2025, a 3.2% increase year-on-year, while wholesale sales are expected to exceed 3,000 million units for the first time [44][52]. - The report anticipates that the retail sales will remain stable in 2026, supported by the importance of automotive consumption to the Chinese economy and the introduction of new models [22][44]. Market Dynamics - The report highlights that the competition among automakers will become more fierce, with a record 173 new models expected to be launched in 2026 [23][24]. - The demand for electric vehicle batteries is expected to rise, potentially leading to increased battery prices, which could impact automaker profit margins [23][24]. Investment Strategy - The report recommends Geely Automobile as a top pick due to its solid fundamentals and attractive valuation, alongside the battery manufacturer Zhengli New Energy, which is expected to benefit from rising battery prices and a growing customer base [28][29]. - The report suggests that the valuation gap between traditional automakers and new entrants is likely to narrow as both groups adapt to market changes [25][26]. Export Potential - The report forecasts that China's passenger vehicle exports will increase by 16% in 2026, driven primarily by the growth in electric vehicle exports, which are expected to rise by 40% [61][62]. - The potential market for Chinese brands overseas is estimated at 7.8 million units, indicating significant growth opportunities in various regions [61][62].

与传统锂离子电池相比，全固态电池的最大优势在于使用全固态物质，可让新能源汽车跑得更远、更加 安全。在负极制造环节，传统液态电池需要经过原浆、涂布、滚压三道独立工序，而干法工艺则直接将 原有工序"三合一"，既降低能耗又提升效率。广汽集团固态电池平台高级经理史刘嵘表示："传统的湿 法工艺，面容量不到5个毫安时/平方厘米，现在最高可以做到7.7毫安时/平方厘米。这样做出来的电池 能量密度更高、续航更长。" 此外，固态电解质材料可大幅提升产品的耐热性。刘嵘说："固态电解质最大的优点是耐热性好，可耐 热300~400℃。" 中化新网讯 日前，广汽集团建成国内首条大容量全固态电池产线，目前正在小批量测试生产。 据悉，该大容量全固态电池产线系国内首条，在行业内率先具备60安时以上车规级全固态电池的批量量 产条件。广汽集团平台技术研究院新能源动力研发负责人祁宏钟谈道："现在开发的全固态电池的能量 密度比现有的电池能量密度高了接近一倍。500公里以上续航的车使用之后可达到1000公里以上的续 航。我们计划2026年进行小批量的装车实验，2027年到2030年期间，可以逐步地进行批量生产。" ...

11 月 9 日，京东、广汽集团、宁德时代三家联合打造的 "国民好车" ——埃安 UT super 正式上市， 11 月 25 日开启交付，并在短短一周时间里，成功交 付1000台新车： 考虑马上到年底，各家都在为实现年度销量目标进行最后的冲刺。按照这个速度，这台"国民好车"的首个完整交付月，交付量很可能会破万。 关注 「电动车公社」 和我们一起重新思考汽车 京东卖车，第一周就卖疯了！ 势要打造爆款的架势，也再次搅动了波谲云诡的 5-10万级纯电小车 市场。 那么，埃安 UT super 究竟凭啥被称为"国民好车"？销量底气源于哪里？ 京东又扮演了怎样的角色？ 今天，咱们就来好好聊聊！ 01. 能换电的半价萤火虫？ 简单来说，"国民好车" 就是基于 8.98万元的 埃安 UT 420智豪版 打造 的特殊版本。 两台车配置几乎完全一致，但"国民好车" 采用了宁德时代巧克力电池，500km的续航更长、且支持换电，同时 首搭了华为云车机。一句话总结，就是 加量 不加价。 光是多了换电这一功能，很多人此前猜测"国民好车"的价格都是往高了猜的。谁也没想到， 最后会给出 整车购买 8.99 万元、租电 4.99 万元 的 ...

Summary of Key Points Core Viewpoint - The automotive industry in China is nearing the end of 2025, with various companies reporting their sales performance against annual targets, revealing a mix of successes and challenges across the sector. Group 1: Company Performance - China FAW Group achieved a cumulative sales of 2.995 million units from January to November, with a target completion rate of 86.81% against an annual goal of 3.45 million units, showing a year-on-year growth of 4.8% [3][4] - Changan Automobile reported cumulative sales of 2.658 million units, achieving 88.6% of its 3 million unit target, with a notable 54.66% year-on-year growth in its new energy vehicle sales [6] - SAIC Motor Corporation reached 4.108 million units in cumulative sales, completing 91.29% of its 4.5 million target, with a 16.4% year-on-year growth [8] - GAC Group's cumulative sales were 1.534 million units, achieving only 66.7% of its 2.3 million target, reflecting a 10.8% year-on-year decline [10] - BYD's cumulative sales stood at 4.182 million units, completing 90.9% of its revised target of 4.6 million units, with significant contributions from overseas markets [12] - Geely Automobile achieved 2.788 million units in sales, with a completion rate of 92.93%, reflecting a strong 42% year-on-year growth [14] - Chery Group's cumulative sales were 2.561 million units, with a year-on-year growth of 11.1%, aiming to exceed industry growth by 10-20 percentage points [16] - Li Auto reported 362,000 units sold, achieving only 56.56% of its 640,000 target, facing challenges in product cycles and market competition [18] - NIO's cumulative sales were 278,000 units, achieving 62.61% of its 444,000 target, with a year-on-year growth of 45.6% [20] - XPeng Motors exceeded its target with 392,000 units sold, achieving 103.1% of its goal [22][23] - Leap Motor surpassed its target with 536,000 units sold, achieving 107.2% of its goal [25] - Xiaomi's automotive division exceeded its target of 350,000 units, with expectations to surpass 400,000 units [27] - Lantu's cumulative sales were 134,000 units, achieving 67% of its 200,000 target, with a year-on-year growth of 82% [29] - Deep Blue reported a year-on-year growth of 45.7%, with a target of 360,000 units [31][32] - Arcfox aimed for significant growth, achieving 85.38% of its target with 136,600 units sold [34] Group 2: Industry Insights - The performance metrics of these companies reflect their strategic positioning in technology, market strategy, and organizational resilience, indicating a transition in the Chinese automotive industry from quantity accumulation to quality improvement [34]

Core Insights - Zhejiang's private economy has shown remarkable growth, contributing over 67% of the province's GDP, 70% of tax revenue, 80% of imports and exports, and 85% of employment as of mid-2025 [1] - The transition from traditional factor-driven growth to innovation-driven growth is highlighted as a key factor in Zhejiang's economic transformation [1] Group 1: Economic Contributions - 107 companies from Zhejiang ranked among the top 500 private enterprises in China for 2025, maintaining the province's leading position for 27 consecutive years [1] - The private sector's contribution to Zhejiang's economy is significant, with projections indicating that the "three new" economy will account for approximately 28.5% of GDP by 2024 [2] Group 2: Innovation and Technology - The integration of technological and industrial innovation has accelerated the cultivation of new productive forces in Zhejiang, with a notable shift towards digitalization and intelligence in industries [2] - AI technology is being utilized in various sectors, such as design and manufacturing, significantly reducing production cycles and enhancing product competitiveness [2][4] Group 3: Industry Clusters - Zhejiang has developed five trillion-level industrial clusters, including modern textiles, green petrochemicals, high-end software, smart IoT, and new energy vehicles [7] - The automotive air conditioning industry in Longquan has become a major cluster with over 200 enterprises and an industry output value exceeding 10 billion [5][7] Group 4: Global Expansion - Zhejiang's private enterprises are increasingly engaging in global markets, with significant exports of new energy vehicles, including 1,346 units shipped to Russia [11][12] - Companies are adapting to global competition by enhancing their overseas operations, such as establishing factories and R&D centers abroad [13]

Group 1 - Century Huatong plans to change the use of 1.28 million repurchased shares from equity incentive plans to cancellation, reducing total share capital from 7.428 billion to 7.427 billion shares [2] - Wuliangye adjusts its 2025 investment plan, increasing the number of projects from 19 to 22 and changing the investment amount from 2.586 billion to 2.207 billion yuan [3] - Qingyue Technology is under investigation for suspected financial data fraud, with the possibility of forced delisting if found guilty [4] Group 2 - Kang Enbei's chairman and legal representative resigns due to work adjustments, along with another board member [5] - Tianshan Co. expects a tax payment of approximately 61.86 million yuan to impact its 2025 net profit [6] - Muyuan Foods reports a 20.43% year-on-year decline in November sales revenue from live pigs, totaling 9.39 billion yuan [7] Group 3 - GAC Group's November automobile sales decreased by 9.72% year-on-year, with total sales of 1.797 million vehicles [8] - Western Pastoral's fresh milk production in November increased by 6.3% month-on-month but decreased by 6.47% year-on-year [9] - Gemdale Group's November contracted area fell by 58.50% year-on-year, with a total contracted amount of 1.52 billion yuan [10] Group 4 - Zhenghong Technology reports November sales revenue of 4.5196 million yuan from live pigs, with a year-on-year decline of 21.83% [11] - Wens Foodstuff's November chicken sales reached 118 million birds, generating 3.324 billion yuan in revenue [12] - Meilixin's controlling shareholder plans to increase holdings by no less than 50 million yuan [13] Group 5 - Hongcheng Environment's subsidiary wins an 853 million yuan sewage treatment project [14] - Dongzhu Ecology wins a 397 million yuan environmental project [15] - Xindian Software secures a 54 million yuan project for digital community construction [16] Group 6 - China Chemical announces that its nylon new material project has reached full production [17] - Jiaojian Co. is in discussions regarding overdue payments related to financial products, clarifying that it bears no responsibility for these products [18] - Micron Biotech's product is included in the 2025 National Medical Insurance Directory [19] Group 7 - Yitian Intelligent plans to sell 600 smart computing machines for a total of 1.56 billion yuan [20] - First Venture's subsidiary receives an administrative penalty notice from Jiangsu Securities Regulatory Bureau [21] - China Insurance's vice president is under investigation for serious violations [22] Group 8 - Zhixiang Jintai's monoclonal antibody injection is included in the 2025 National Medical Insurance Directory [23] - Haichuang Pharmaceutical's drug is also included in the National Medical Insurance Directory [24] - Yuanli Co. plans to acquire 49% of Clarimex for 25.56 million USD [25] Group 9 - Betta Pharmaceuticals' products are included in the National Medical Insurance Directory [26] - Tianci Materials' controlling shareholder commits to not reducing holdings for six months [27] - Guanglian Aviation's actual controller has had a detention measure lifted [28] Group 10 - Annie Co. announces a share transfer agreement that will make Shengshi Tianan the controlling shareholder [29] - Double Star New Materials notes uncertainty regarding the sustainability of long-term price increases [30] - ST Tianrui terminates plans for a change in control and resumes trading [31] Group 11 - Guao Technology is planning a change in control, leading to a temporary suspension of its stock [32] - Guangqi Technology's subsidiary signs contracts worth 696 million yuan for the production of metamaterials [33] - Shuoshi Biotech's monkeypox virus detection kit is included in the WHO emergency use list [34]

国家知识产权局信息显示，广州汽车集团股份有限公司申请一项名为"分布式电驱系统及车辆"的专利， 公开号CN121062446A，申请日期为2024年5月。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 财经频道更多独家策划、专家专栏，免费查阅>> 专利摘要显示，本发明提供了一种分布式电驱系统及车辆，分布式电驱系统包括减速装置，减速装置的 相对两侧对应设有第一输入端和第二输入端；第一驱动装置和第二驱动装置位于减速装置的相对两侧， 第一驱动装置与第一输入端连接，减速装置、第一驱动装置和第二驱动装置围合成容置空间；控制器具 有第一安装部，第一安装部装设于所述容置空间内且与减速装置上下对应。通过将第一驱动装置和第二 驱动装置相对于减速装置向上凸起，使得减速装置与位于两侧的第一驱动装置和第二驱动装置之间形成 可装设第一安装部的凹槽，一方面减少了分布式电驱系统高度尺寸，另一方面，便于驱动装置的电机三 相线与控制器铜排直连，大大节省了用铜量。 天眼查资料显示，广州汽车集团股份有限公司，成立于1997年，位于广州市，是一家以从事汽车制造业 为主的企业。企业注册资本1023249.7 ...