Core Viewpoint - The negotiations regarding the EU's anti-subsidy measures on Chinese electric vehicles have made significant progress, with the EU set to issue guidelines for price commitment applications, allowing Chinese manufacturers to potentially avoid high tariffs by committing to minimum pricing [1][3]. Group 1: Background and Developments - The EU initiated an anti-subsidy investigation into Chinese electric vehicles in October 2023, leading to the imposition of high tariffs starting October 2024, with rates as high as 35.3% for non-cooperating companies [3]. - The recent agreement allows Chinese electric vehicle manufacturers to submit price commitments based on the EU's guidelines, which could replace the anti-subsidy tariffs [3][4]. - The agreement is seen as a "soft landing" for the ongoing trade tensions, with experts noting that it reflects a cooperative outcome between China and the EU [1][4]. Group 2: Market Implications - The new pricing commitments may not significantly alter the selling prices of Chinese electric vehicles in Europe, but they provide a more stable policy environment for long-term operations [4]. - The average selling price of Chinese electric vehicles in Europe is projected to be around €25,000 by 2025, compared to €30,000 for all imported electric vehicles [4]. - Chinese manufacturers have been facing an average price increase of 118% when selling vehicles in Europe compared to domestic prices, but the new agreement could allow for better profit margins [5]. Group 3: Industry Dynamics - The EU's policy aims to prevent aggressive price competition from Chinese manufacturers that could harm local automotive industries, while still allowing for a degree of flexibility in pricing [4][5]. - European automakers, such as Volkswagen and BMW, are expected to benefit from the revised tariff policies, as they have established production facilities in China and can leverage these changes for exports [6][12]. - The collaboration between Chinese and European automakers is anticipated to deepen, with joint ventures and investments in technology and production facilities becoming more common [13].

（文章来源：南方都市报） 值得关注的是，领汇品牌新车均基于比亚迪成熟平台打造，由王朝网、海洋网车型改款迭代而来，涉及 的车型夏、汉DM-i、秦PLUS EV、海狮07 EV等。 领汇品牌并非简单的产品换标，而是构建了完整的B端服务体系。接近比亚迪的知情人士透露，领汇整 合了比亚迪原对公事业部的e系列新能源车型，拥有独立的渠道体系，可避免与王朝、海洋网在销售策 略、服务标准上的冲突，实现B端业务的专业化运营。 2025年，比亚迪以460.24万辆销量蝉联全球新能源销冠，但增速较此前三年有所放缓，同比增长 7.73%。分品牌来看，大众市场仍是绝对基石，高端品牌对整体销量的支撑作用仍有限。数据显示，王 朝网与海洋网2025年合计销售410.52万辆，占总销量的89.2%。腾势、方程豹、仰望三大高端品牌2025 年合计销量40.01万辆，占总销量的8.7%。 上述人士表示，但这也导致主品牌与"网约车"形象形成强关联，在一定程度上制约了高端化进程。通过 将对公业务独立运营，可以避免营运车辆对C端品牌形象的稀释，有利于夯实王朝和海洋销量基础，也 有利于腾势、方程豹等高端化品牌发展。 2026年开年，比亚迪再落关键一子，品 ...

证券日报网讯1月15日，渤海汽车（600960）在互动平台回答投资者提问时表示，公司轻量化业务的客 户主要包括奇瑞、比亚迪（002594）、北京奔驰、北汽新能源、北汽动力总成等。 ...

【比亚迪新品牌"领汇"亮相，4款车型均是"熟面孔"】 ...

2025年也是中国汽车品牌在摩洛哥市场"站稳脚跟"的关键一年。全年共有11个新品牌进入摩洛哥汽车市 场，品牌总数增至51个，其中中国品牌达17个，占比接近三分之一。中国品牌2025年市场份额达到 7.7%，第四季度更升至9.4%，显示其影响力仍在持续扩大。尽管欧洲品牌仍占据约75%的市场份额，但 中国车企凭借价格竞争力、配置优势和新能源布局，正在重塑市场竞争态势。 从车型结构看，摩洛哥仍是以价格和实用性为主导的市场。城市小型车占总销量的43%，小型SUV占 20%，两者合计接近三分之二。最畅销车型仍为达契亚和雷诺等主流车型。高端品牌市场份额保持在 9%左右，电动化比例相对更高，但整体增速低于市场平均水平。 销售区域和车辆用途同样对销量形成有力支撑。卡萨布兰卡、拉巴特和丹吉尔等大城市合计贡献近60% 的销量。旅游业和租赁市场表现尤为亮眼，约34%的新车用于租赁和旅游运输，与全年市场增速基本同 步，成为拉动销量的重要力量。 摩洛哥Média24信息网1月14日报道，2025年摩洛哥汽车市场实现历史性突破，全年新车销量达到23.4万 辆，较2024年的17.6万辆增长33%，创历史最高水平。行业普遍认为，这一成绩并 ...

转自：中国质量报 作为重庆"33618"现代制造业集群体系的关键一环，问界积极发挥"链主"效应，带动供应链技术升级与 集群化发展，为区域经济的高质量发展注入了强劲动力。5年来，基于对"软件定义下AI赋能汽车升 级"的共识，问界与引望、宁德时代、博世等供应链伙伴，以及中升等营销服务商伙伴不断深化战略互 信，充分发挥产业协同的长板效应，加速产业融合，促进了产业链的共同进步。 AITO问界第100万辆整车下线 据悉，问界将继续深化与华为的全方位战略合作，持续释放跨界融合的创新潜力，计划在两年内实现第 二个百万辆目标。问界将继续锚定高端智能电动汽车主航道，并因地制宜研发上市新车型，布局拓展更 多海外市场；还将推动自身向"AI驱动汽车"演进，构建AI全面赋能的"产业大脑"，依托世界级超级工厂 持续造好车、造高端车。 跨界融合新模式展现中国汽车产业高质量发展 本报讯 （记者谢 旺）近日，AITO问界第100万辆整车在位于重庆市两江新区的赛力斯超级工厂下线。 本次下线的是问界科技旗舰——问界M9，当天，该款车同步达成第27万辆交付。在首个百万辆用时5年 的基础上，问界预计将在两年内实现第二个百万辆目标。 从2021年至今， ...

对于该品牌，比亚迪方面向记者表示，这些车型尚未官方宣布，如今通过工信部的公告才对外传播。根 据规划，领汇品牌主要面向B端市场的大批量采购需求，该品牌整合比亚迪原对公事业部的e系列新能 源车型，拥有独立的渠道体系。 同时，领汇品牌设立目的是为区别面向B端市场的车型和面向C端市场的车型，旨在推动比亚迪高端化 战略。 比亚迪（002594）又"悄悄"创立了一个新品牌。 1月上旬，工信部发布的《道路机动车辆生产企业及产品公告》（第403批）的车辆新产品公示清单显 示，比亚迪申报产品商标中新增了"领汇牌"。 此次产品公示中，领汇品牌共有4款车型，包括三款纯电动车以及1款插电式混合动力车型，分别为领汇 e5、领汇e7、领汇e9和领汇M9。 值得注意的是，4款新车并非比亚迪为领汇品牌打造的全新车型，而是由比亚迪王朝网和海洋网的现有 车型改款迭代而来。其中，领汇e9基于比亚迪汉DM-i打造；领汇e7基于比亚迪海狮07EV打造；领汇e5 对应的是秦PLUS EV；领汇M9则对应比亚迪夏。 通过将对公业务独立为"领汇"，比亚迪有效隔离了运营车辆对私家车用户的品牌认知干扰，为主品牌向 上突破扫清障碍。 同时，江瀚补充道，此举有助于 ...

Core Viewpoint - The article highlights the robust performance of the pickup truck market in China, with significant year-on-year growth in both sales and production, driven by strong demand in specific regions and the increasing export of Chinese pickup trucks [2][3]. Pickup Truck Sales - In December 2025, the pickup truck market sold 52,000 units, marking an 8.8% year-on-year increase and reaching a five-year high. For the entire year, sales totaled 589,000 units, up 11.8% year-on-year [2]. - December 2025 production reached 48,000 units, a 5.2% increase year-on-year, with total production for the year at 575,000 units, reflecting a 14% year-on-year growth [2]. - Great Wall Motors continues to lead the market, with strong performances from other manufacturers like Changan, SAIC Maxus, and JAC Motors. The market remains characterized by a "one strong, many strong" structure [2]. Regional Demand - The main demand for pickup trucks is concentrated in the Southwest and Northwest regions, which accounted for 46% of total demand in December 2025. In contrast, the performance in the Beijing-Tianjin-Hebei region was weaker [2]. Export Performance - In December 2025, China exported 28,000 pickup trucks, a 12% year-on-year increase, although it saw a 7% month-on-month decline. Total exports for the year reached 300,000 units, up 21% year-on-year [3]. - By 2024, exports are expected to account for 45% of total pickup truck sales, increasing to 50% in 2025, indicating a strong acceleration in the export of Chinese-made pickups [3]. New Energy Pickup Trucks - In December 2025, sales of new energy pickup trucks were 6,000 units, a 3% year-on-year decrease and a 30% month-on-month decline. However, total sales for the year reached 73,000 units, reflecting a remarkable 243% year-on-year growth [3]. - The article notes that the demand for electric light trucks is surging, positioning electrification as a key factor for commercial vehicles to gain road rights. The growth potential for the pickup market is expected to improve with the development of electrification and passengerization [3].

Core Viewpoint - The passenger car sector experienced a decline of 0.58% on January 15, with Beiqi Blue Valley leading the drop, while the Shanghai Composite Index fell by 0.33% and the Shenzhen Component Index rose by 0.41% [1]. Group 1: Market Performance - The closing price for GAC Group was 8.36, with an increase of 0.60% and a trading volume of 421,100 shares, amounting to 353 million yuan [1]. - Great Wall Motors closed at 21.70, down by 0.23%, with a trading volume of 125,300 shares and a transaction value of 272 million yuan [1]. - Changan Automobile's closing price was 11.72, decreasing by 0.26%, with a trading volume of 578,900 shares and a transaction value of 679 million yuan [1]. - The closing price for Seres was 121.32, down by 0.31%, with a trading volume of 140,400 shares and a transaction value of 1.705 billion yuan [1]. - BYD closed at 95.67, down by 0.45%, with a trading volume of 295,600 shares and a transaction value of 2.836 billion yuan [1]. - SAIC Motor's closing price was 14.87, down by 1.39%, with a trading volume of 851,800 shares and a transaction value of 1.273 billion yuan [1]. - Haima Automobile closed at 7.18, down by 1.91%, with a trading volume of 844,300 shares and a transaction value of 607 million yuan [1]. - Beiqi Blue Valley closed at 8.39, down by 2.67%, with a trading volume of 1,369,200 shares and a transaction value of 1.162 billion yuan [1]. Group 2: Fund Flow Analysis - The passenger car sector saw a net outflow of 872 million yuan from main funds, while retail funds had a net inflow of 540 million yuan [1]. - GAC Group experienced a net inflow of 23.84 million yuan from main funds, while retail funds had a net outflow of 46.64 million yuan [2]. - Great Wall Motors had a net outflow of 0.7565 million yuan from main funds, with a net inflow of 15.78 million yuan from retail funds [2]. - Changan Automobile faced a net outflow of 44.50 million yuan from main funds, while retail funds had a net inflow of 28.43 million yuan [2]. - Beiqi Blue Valley had a significant net outflow of 164 million yuan from main funds, with a net inflow of 91.78 million yuan from retail funds [2]. - BYD saw a net outflow of 32.57 million yuan from main funds, while retail funds had a net inflow of 301 million yuan [2].

瑞银中国汽车研究主管巩旻也表示，最低价格承诺将使在欧洲的中国电动汽车制造商避免陷入恶性价格 竞争。 比亚迪海狮07 南华早报 【文/观察者网 潘昱辰 编辑/高莘】据《南华早报》1月15日报道，分析师和行业人士称，随着欧盟为中 国电动汽车设定最低价格以取代反补贴关税，中国电动汽车制造商在欧将取得更高的利润率，最终将改 善其盈利状况和品牌声誉。 德意志银行分析师王斌在研究报告中表示，欧盟对中国电动车的最低限价将从技术上抑制销量，尤其是 低价小型电动车的销量。但他补充说，这一政策转变将对中国电动汽车巨头比亚迪，及其另一些在技术 和生产成本方面具有优势的同行产生积极影响，预计其利润率将有所提高。 摩根大通亚太区汽车研究主管赖以哲去年10月曾表示，中国汽车制造商在中国大陆的平均汽车利润约为 人民币5000元，如果能向海外出口更多汽车，且其产品在海外能卖出更高价格，那么利润可能会增至2 万元。 赖以哲认为，在最低价格制度下，中国电动汽车可以通过增加智能功能、优化内饰设计，从而在不提供 折扣的情况下，保持产品对当地客户的吸引力。由于未来不再参与价格战，从长远来看，中国电动汽车 在欧洲的声誉有望提升。 中国是全球最大的汽车和 ...