自本土市场新能源转型引爆以来，20万以上市场的快速增长已经成为显学，而仔细观察近期榜单，新能源市场另一个颇受瞩目的现象同样在强化。以11月 销量为例，来看看今天的新能源市场、乃至整体本土市场的演化—— | | 宏光MINIEV | 6 | Model 3 | | --- | --- | --- | --- | | | ★★★★★ 4.43分 3.28-9.99万 | ↑ 55 | ★★★★★ 4.35分 23.55-33.95万 | | 2 | Model Y | 7 | 问界M7 ★★★★★ 4.51分 | | 18 | ★★★★★ 4.40分 26.35-31.35万 | ↑ 11 | 24.98-37.98万 | | | 星愿 ★★★★★ 4.62分 | 8 | 海狮06 ★★★★★ 4.47分 | | | 6.88-9.88万 | 13 | 13.98-16.38万 | | 4 | 秦PLUS | 9 | 针7 | | J1 | ★★★★★ 4.60分 7.98-17.98万 | 11 | ★★★★★ 4.45分 17.98-21.98万 | | 5 | 小米YU7 | 10 | 泡喝 | | | ★ ...

Core Insights - Chinese automotive brands, including BYD and Chery, are gaining significant traction in the UK market, with a notable increase in consumer acceptance and sales [1][3][4] Market Trends - In the past month, Chinese manufacturers accounted for 13% of new car registrations in the UK, doubling their market share from the previous year [3] - The growth rate of Chinese brands in the UK is unprecedented, with their market share increasing five to six times faster than that of Tesla and Kia during their respective market entries [3] Competitive Landscape - The UK automotive market is characterized by a lack of absolute brand loyalty, with over 70 brands registered since 2019, and annual sales of approximately 2 million new cars [4][5] - BYD's market share in the UK is slightly over 2%, comparable to Tesla, while MG, another Chinese brand, holds over 4% [4] Consumer Perception - Initial skepticism towards Chinese brands has shifted as consumers recognize the quality and features of vehicles like the BYD Seal, which offers competitive pricing and performance [1][5] - Sales personnel emphasize the advanced features of BYD vehicles, helping to reshape consumer perceptions of the brand as not being low-end or cheap [5][7] Business Expansion - A UK dealer, Doug Keith, has expanded his operations to include multiple BYD showrooms, reflecting the growing demand for Chinese vehicles [1][8] - Keith anticipates a revenue increase of over 50% in 2024, projecting sales to reach approximately £500 million, driven by the rising interest in Chinese automotive brands [7][8]

【文/观察者网 齐倩】 "在英国，中国汽车正在道路上飞驰。"12月17日，美国《纽约时报》以此为题刊文称，近两年，比亚 迪、奇瑞及其他中国车企正赢得英国车主的支持。在那里，进口关税较低，且买家对新品牌持开放态 度。 文章以道格尔·基思在英国利兹的一家汽车经销店为例，讲述了中国汽车在英国的走红趋势。 基思从事汽车销售已有四十多年，他说，当他在2023年为比亚迪开设展厅时，顾客对购买中国制造的汽 车持怀疑态度。现在，他已经拥有六家专营比亚迪品牌的经销店。 "有些人认为，中国制造做工廉价，"他说，他会反问顾客，"你以为你的iPhone是在哪里组装的？" 基思接受采访时，刚刚试驾了一辆比亚迪海豹卓越版。这款车型的主要卖点在于速度和价格：它能在 3.8秒内加速至时速百公里，且价格比特斯拉Model 3便宜20%，只需约4.8万英镑（约合人民币45.2万 元）。 "这种增长速度是市场前所未见的，"英国最大在线汽车交易平台Autotrader的首席商务官伊恩·普卢默指 出，相比10年前的特斯拉、20世纪90年代的韩国起亚等品牌进入英国市场时，比亚迪和奇瑞在英国的市 场份额增长速度是前者的五到六倍。 多年来，英国本土汽车制造 ...

新浪科技讯 12月18日上午消息，比亚迪宣布第1500万辆新能源汽车下线，"大六座安全豪华SUV"腾势 N8L成为第1500万辆下线车型，这也是腾势N8L的第15000辆下线。比亚迪达成这一里程碑，用了整整 17年，从1000万到1500万，只用了13个月。比亚迪汽车产量再进化，刷新中国新能源汽车的"加速度"， 也标志着中国汽车工业正式迈入全球引领新阶段。 2025年1-11月，比亚迪累计销量418.2万台，同比增长11.3%，其中海外销量达91.7万辆，出海足迹累计 覆盖超110个国家和地区，成为中国出口增长最快的车企之一。 腾势N8L上市1个多月即达成15000辆下线，也标志着腾势汽车作为比亚迪高端豪华品牌达成了最新阶段 的成果。腾势汽车相继进入新加坡、泰国、马来西亚等亚洲多国市场，并在欧洲、拉美多个区域发布腾 势品牌。 腾势N8L上市1个多月即达成15000辆下线，也标志着腾势汽车作为比亚迪高端豪华品牌达成了最新阶段 的成果。腾势汽车相继进入新加坡、泰国、马来西亚等亚洲多国市场，并在欧洲、拉美多个区域发布腾 势品牌。 责任编辑：江钰涵 责任编辑：江钰涵 新浪科技讯 12月18日上午消息，比亚迪宣布第15 ...

长江奔涌，钟山巍峨。在"强富美高"新江苏现代化建设的宏伟画卷中，先进制造业是最鲜明的底色。此时，一家中国新能源汽车企业，正以持续突破与全 面领跑之姿，成为江苏产业升级与中国制造向上突围的生动样本——它就是比亚迪（002594）。 11月销量创年内新高 刚刚过去的11月，比亚迪新能源汽车单月销量突破48.02万辆，1—11月累计销售已达418.2万辆，创年内新高，以持续领先的市场表现，为"中国制造"向上 突围提供了扎实注脚。不仅印证其强大的市场韧性与体系实力，也为观察中国新能源汽车产业的结构性变革提供了关键视角。透过比亚迪的市场表现，可 以清晰地看到：行业竞争逻辑正在从"规模扩张"转向"质量提升与结构优化"。 国内市场：结构升级催生"质变" 比亚迪在国内的增长，已不再仅是销量的攀升，更是系统性结构升级的体现。 比亚迪第五代DM技术获殊荣 这一切背后，是技术长期主义的支撑。2024年前三季度，比亚迪研发投入达437.5亿元，连续两年大幅领先行业。刀片电池、DM混动、易四方、云辇、e 平台等核心技术持续迭代，构筑起深厚的护城河。 天神之眼车型保有量超200万辆 产品矩阵持续向上突破。王朝网与海洋网筑牢基本盘，而搭载 ...

2025年12月18日，比亚迪第1500万辆新能源汽车下线仪式在济南工厂顺利举行，"大六座安全豪华 SUV"腾势N8L成为第1500万辆下线车型，这也是腾势N8L的第15000辆下线。比亚迪达成这一里程碑， 用了整整17年，从1000万到1500万，只用了短短的13个月。比亚迪汽车产量再进化，不仅刷新中国新能 源汽车的"加速度"，也标志着中国汽车工业正式迈入全球引领新阶段。 2025年1-11月，比亚迪累计销量418.2万台，同比增长11.3%，其中海外销量达91.7万辆，远超2024年全 年海外销量总和，出海足迹累计覆盖超110个国家和地区，成为中国出口增长最快的车企之一，引领中 国汽车从中国走向全球。 比亚迪的快速成长背后，是对"技术为王"和"新能源汽车"发展战略的长期坚持。2025年前三季度，比亚 迪研发投入达 437.5 亿元，同比增长 31%，累计研发投入超2200亿。比亚迪"技术鱼池"中的天神之眼智 能驾驶辅助系统、兆瓦闪充、超级e平台、易三方、易四方等颠覆性技术相继落地，解决了新能源汽车 安全、续航、操控等核心痛点，不断创造新能源行业价值的天花板。 腾势N8L上市1个多月即达成15000辆下线， ...

韩国媒体对极氪进入韩国市场给予高度关注。多家韩媒报道称，中国汽车品牌正在加速登陆韩国，极氪 作为高端豪华品牌，将形成从4000万韩元（目前1韩元约合人民币0.0048元）到1亿韩元的价格区间。 此外，小鹏汽车也在筹备进入韩国市场，今年年初就曾传出过其物色韩国市场负责人的消息。2025年6 月，小鹏汽车以"小鹏Motors Korea"的名称在韩国完成法人登记，地址位于韩国首尔。由此，小鹏汽车 成为继比亚迪和极氪之后，第三家在韩国设立法人的中国新能源车企。在11月举行的2025小鹏科技日活 动上，小鹏汽车副董事长兼联席总裁顾宏地证实，小鹏汽车正在规划韩国市场布局，"韩国是非常好的 电动汽车市场，但是不容易，所以需要花点时间去准备。" 随着吉利、比亚迪率先破冰，极氪进一步扩大战果，小鹏紧随其后，越来越多的中国车企将目光转向韩 国市场。从平价到高端，各类中国产电动汽车将与韩国本土及传统进口汽车品牌展开激烈的市场份额争 夺。 希望攻克"高壁垒"市场 当然，中国车企想要在韩国开疆扩土并不是一件容易的事。众所周知，日本与韩国在全球范围内都属于 封闭性较强的汽车市场，两国凭借民族消费倾向加持，再加上关税与隐蔽性更强的非关税 ...

Report Industry Investment Ratings No relevant information provided. Core Views of the Report - The A-share market showed a strong rebound, with the Shanghai Composite Index rising 1.19% to 3870.28 points, the Shenzhen Component Index rising 2.4%, and the ChiNext Index rising 3.39%. The market turnover reached 1.83 trillion yuan. [14] - The prices of steel and ore are expected to be volatile in the short term with limited rebound space, and a bearish approach is recommended in the medium to long term. [18][19] - The prices of coking coal and coke are expected to be volatile in the short term, and the 05 contract may have a phased rebound opportunity but with limited space and strength. [20] - For iron alloys, a bullish approach is recommended for ferrosilicon in the medium term, while a bearish approach is recommended for silicomanganese. [21][22] - For soda ash, a wait-and-see approach is recommended, while for glass, a bullish approach can be considered after the market sentiment stabilizes. [23] - For zinc, short positions are recommended as the price is expected to decline after the macro positive factors fade. [25] - For lead, it is recommended to hold short positions as the fundamentals are weak. [27] - For lithium carbonate, although the short-term fundamentals show signs of weakening, the medium to long-term demand is positive, and buying opportunities during corrections can be considered. [28] - For industrial silicon, it is expected to be volatile in the short term, and there may be some opportunities to repair the valuation. [31] - For polysilicon, the spot price is expected to remain strong, supporting the futures price to run strongly under the expectation of the anti-involution policy. [32] - For cotton, the price is expected to be volatile in the short term, and the long-term price is expected to rise due to the expected reduction in supply. [34][35] - For sugar, the price is expected to decline in a volatile manner, and a wait-and-see approach is recommended. [37] - For eggs, a bearish approach is recommended for the near-term contracts, while a wait-and-see approach is recommended for the far-term contracts. [39] - For apples, the price is expected to be volatile. [41] - For corn, a bearish approach is recommended for the far-term contracts, and a reverse spread opportunity can be considered. [42] - For red dates, a wait-and-see approach is recommended, and the market performance during the consumption peak season should be closely monitored. [43] - For live pigs, a bearish approach is recommended for the near-term contracts as the supply is strong and the demand is weak. [44] - For crude oil, the short-term rise driven by geopolitical factors is limited, and the price is expected to decline in the medium term due to the oversupply. [46][47] - For fuel oil, the price will follow the movement of crude oil prices, and the short-term trading focus is on geopolitical factors. [48] - For plastics, a bearish approach is recommended as the supply pressure is large and the demand is weak. [49] - For rubber, a short-term bullish approach can be considered during corrections, and the ru-nr spread strategy can be temporarily stopped for profit. [50] - For synthetic rubber, the price is expected to be strong due to cost and device factors, but chasing the rise should be cautious. [51] - For methanol, a bullish approach can be considered for the far-term contracts after the inventory is smoothly reduced, while a bullish approach is recommended for the near-term contracts. [52][53] - For caustic soda, a bullish approach is recommended as the futures price is strong. [54] - For asphalt, the price fluctuation is expected to increase, and the focus is on the price bottom after the winter storage game. [55] - For the polyester industry chain, a positive spread strategy can be considered for PX and PTA 5-9 contracts. [56] - For liquefied petroleum gas (LPG), the price is expected to be weak as the supply is abundant and the demand is poor. [57][58] - For pulp, a wait-and-see approach is recommended, and a short call option strategy can be considered for the 03 contract. [58] - For logs, the price is expected to be under pressure as the fundamentals are weak. [59] - For urea, the Indian urea tender has a positive impact on the near-term sentiment, but the impact on the 05 contract is expected to be weak. [60] Summaries Based on Relevant Catalogs Macro News - CICC plans to absorb and merge Dongxing Securities and Cinda Securities, and the three companies' stocks will resume trading on December 18. After the merger, CICC will become the fourth securities firm with total assets exceeding 1 trillion yuan. [10] - The global silver market has witnessed a historic rally, with the spot silver price breaking through $65 and $66 per ounce on December 17, approaching $67 per ounce. The year-to-date increase is about 130%, twice the increase of gold futures. [10] - In the first year of the 15th Five-Year Plan, a moderately loose monetary policy is needed to promote economic growth and price recovery. Market institutions generally expect a 0.5 percentage point reduction in the reserve requirement ratio and a 0.1 percentage point reduction in the interest rate next year. [10] - From January to November this year, the national fiscal revenue was 20.05 trillion yuan, a year-on-year increase of 0.8%. The national tax revenue was 16.48 trillion yuan, an increase of 1.8%, and the securities transaction stamp duty revenue was 185.5 billion yuan, an increase of 70.7%. [11] - China has achieved a breakthrough in invasive brain-computer interface clinical trials, successfully realizing the control of intelligent wheelchairs and robotic dogs with thoughts. [11] - BYD has launched a full-scale internal test of L3-level autonomous driving in Shenzhen, completing over 150,000 kilometers of actual road verification. [11] - CATL's new energy power battery PACK production line for humanoid embodied intelligent robots has been put into operation, marking a milestone in the application of embodied intelligence in the manufacturing industry. [11] - US President Trump has ordered a "full and complete blockade" of all sanctioned oil tankers entering and leaving Venezuela and declared the Venezuelan government a "foreign terrorist organization." [12] - Federal Reserve Governor Waller said that the Fed still has 50 to - 100 basis points of room for interest rate cuts, but there is no need for drastic action based on the current economic outlook. [12] Macro Finance - **Stock Index Futures**: A focus on the sustainability of liquidity repair is recommended. If it materializes, the index may strengthen. The A-share market rebounded strongly, with the Shanghai Composite Index rising 1.19% to 3870.28 points, the Shenzhen Component Index rising 2.4%, and the ChiNext Index rising 3.39%. The market turnover reached 1.83 trillion yuan. [14] - **Treasury Bond Futures**: Medium - and short - term bonds have certain odds and are expected to be volatile and strong. The funds are in a balanced and loose state, and the funds rate is stable. The 11 - month macro - economic data showed a decline in most indicators except for the stable unemployment rate. [15] Black Metals - **Steel and Ore**: The policy is relatively mild without strong stimulus. The demand for building materials is weak, while the demand for rolled products is improving. The supply of steel mills is expected to decline, and the inventory is still at a high level compared to last year. The cost is expected to decrease. A short - term volatile and medium - to long - term bearish approach is recommended. [18][19] - **Coking Coal and Coke**: The price is expected to be volatile in the short term. The coal production is expected to be restricted in the short term, and the demand for raw materials from steel mills is weakening. The 05 contract may have a phased rebound opportunity but with limited space and strength. [20] - **Ferroalloys**: A bullish approach is recommended for ferrosilicon in the medium term, while a bearish approach is recommended for silicomanganese. The supply of ferrosilicon is expected to decrease, while the supply of silicomanganese is expected to increase. [21][22] - **Soda Ash and Glass**: For soda ash, a wait - and - see approach is recommended. For glass, a bullish approach can be considered after the market sentiment stabilizes. The supply of soda ash is recovering, while the supply of glass is expected to be reduced. [23] Non - ferrous Metals and New Materials - **Zinc**: The price is expected to decline after the macro positive factors fade. The domestic inventory has decreased, and the price is affected by the Fed's policy and geopolitical factors. [25][26] - **Lead**: A bearish approach is recommended as the fundamentals are weak. The production of electrolytic lead has decreased, and the market for recycled lead is inactive. [27] - **Lithium Carbonate**: Although the short - term fundamentals show signs of weakening, the medium - to long - term demand is positive, and buying opportunities during corrections can be considered. The supply is expected to shift from surplus to balance or shortage. [28][30] - **Industrial Silicon**: It is expected to be volatile in the short term, and there may be some opportunities to repair the valuation. The supply may be affected by environmental protection in Xinjiang and the price of coking coal. [31] - **Polysilicon**: The spot price is expected to remain strong, supporting the futures price to run strongly under the expectation of the anti - involution policy. The price is affected by the establishment of the platform company and the supply - reduction expectation. [32] Agricultural Products - **Cotton**: The price is expected to be volatile in the short term, and the long - term price is expected to rise due to the expected reduction in supply. The supply is currently abundant, but the demand for pre - holiday replenishment and the expected reduction in planting area support the price. [34][35] - **Sugar**: The price is expected to decline in a volatile manner, and a wait - and - see approach is recommended. The global sugar supply is expected to be in surplus, and the new sugar supply is increasing. [37] - **Eggs**: A bearish approach is recommended for the near - term contracts, while a wait - and - see approach is recommended for the far - term contracts. The supply of laying hens is expected to decline, but the inventory is still high, and the demand is seasonal. [39] - **Apples**: The price is expected to be volatile. The出库 of apples is slow, and the market demand is weak due to the high price and the substitution of citrus fruits. [41] - **Corn**: A bearish approach is recommended for the far - term contracts, and a reverse spread opportunity can be considered. The supply - demand mismatch is being alleviated, and the far - term supply pressure is increasing. [42] - **Red Dates**: A wait - and - see approach is recommended, and the market performance during the consumption peak season should be closely monitored. The market is currently stable, and the future performance depends on the consumption demand and inventory reduction. [43] - **Live Pigs**: A bearish approach is recommended for the near - term contracts as the supply is strong and the demand is weak. The supply is expected to increase at the end of the month, and the demand increase during the double festivals is limited. [44] Energy and Chemicals - **Crude Oil**: The short - term rise driven by geopolitical factors is limited, and the price is expected to decline in the medium term due to the oversupply. The situation in Venezuela has led to a short - term increase in the price, but the long - term impact is limited. [46][47] - **Fuel Oil**: The price will follow the movement of crude oil prices, and the short - term trading focus is on geopolitical factors. The supply is abundant, and the demand is weak. [48] - **Plastics**: A bearish approach is recommended as the supply pressure is large and the demand is weak. The upstream production is in deficit, but there is no strong driving force for a significant rebound. [49] - **Rubber**: A short - term bullish approach can be considered during corrections, and the ru - nr spread strategy can be temporarily stopped for profit. The cost is supportive, and the price is affected by synthetic rubber. [50] - **Synthetic Rubber**: The price is expected to be strong due to cost and device factors, but chasing the rise should be cautious. The price is affected by the price of butadiene and the downstream procurement sentiment. [51] - **Methanol**: A bullish approach can be considered for the far - term contracts after the inventory is smoothly reduced, while a bullish approach is recommended for the near - term contracts. The supply is affected by the shutdown of Iranian plants, and the demand is increasing. [52][53] - **Caustic Soda**: A bullish approach is recommended as the futures price is strong. The spot market of 32% caustic soda is improving, and the short - selling positions are actively leaving the market. [54] - **Asphalt**: The price fluctuation is expected to increase, and the focus is on the price bottom after the winter storage game. The price is affected by the geopolitical situation and the winter storage expectation. [55] - **Polyester Industry Chain**: A positive spread strategy can be considered for PX and PTA 5 - 9 contracts. The price is mainly driven by cost and market sentiment, and the supply - demand drive is limited. [56] - **Liquefied Petroleum Gas**: The price is expected to be weak as the supply is abundant and the demand is poor. The geopolitical premium has limited impact, and the price is prone to decline. [57][58] - **Pulp**: A wait - and - see approach is recommended, and a short call option strategy can be considered for the 03 contract. The inventory is decreasing, and the market sentiment is improving. [58] - **Logs**: The price is expected to be under pressure as the fundamentals are weak. The inventory is expected to increase, and the spot price is under pressure. [59] - **Urea**: The Indian urea tender has a positive impact on the near - term sentiment, but the impact on the 05 contract is expected to be weak. The spot price is stable, and the futures price is strong in the near term. [60]

Key Points - Apple is in talks with Indian semiconductor manufacturers to assemble and package iPhone chips in India, marking a shift from just final assembly to more complex semiconductor packaging [4][5] - Tencent has upgraded its large model research architecture, establishing new departments to enhance its AI capabilities, with a former OpenAI researcher appointed as chief AI scientist [7][8] - Xiaomi's new model, MiMo-V2-Flash, was launched by "genius girl" Luo Fuli, achieving a top 2 ranking among global open-source models [12] - MiniMax and Zhiyu have passed the Hong Kong Stock Exchange hearing, aiming to become the first publicly listed large model companies [21][22] - Neta Auto has established a new company named "Qianhe Auto" for restructuring purposes amid financial difficulties [24][25] - OPPO's executive shared a humorous experience of meeting a fan while undergoing dental surgery, highlighting the company's engagement with consumers [27][28] - Meta is planning layoffs in its metaverse department, reallocating resources towards AI smart glasses due to better market performance [44][45] - BYD has commenced comprehensive testing of its L3 autonomous driving technology, having completed over 150,000 kilometers of road validation [34] - Xiaomi plans to invest approximately 400 billion yuan in R&D in 2026, as part of a larger 2 trillion yuan investment over the next five years [40][41] - iRobot has entered bankruptcy and is being acquired by its main manufacturer, Sunkwan Group, which will retain the iRobot brand and continue operations in China [39][40]

完整早报音频，请点击标题下方小耳机收听 【马斯克预测某车企：必死！】 当地时间 12 月 16 日，特斯拉首席执行官埃隆·马斯克在社交媒体 X 上直言不讳地评论福特汽车的电动化战略收缩：没救了，他们非"死"不可。他还表示，非自动驾驶 燃油汽车就像骑马时用翻盖手机一样，但你不可能把好想法强加给传统产业。这番表态源自福特汽车 宣布计提 195 亿美元资产减值损失并停产 F-150 Lightning 纯电皮卡。同日，特斯拉市值突破 1.6 万亿美元，单日暴涨 485 亿美元，创下历史新高。资本市场用真金白银表达了对于两条技术路线的 选择。（电动知家） 【小米 "天才少女"罗 福莉首秀，称小米开源模型全球前二】 2025 小米人车家全生态合作伙伴大会 于 12 月 17 日 举行，罗福莉首次登场，并称"（小米开源模型的）代码能力和 agent 能力，在世界 级非常公开公正的评估榜单上，在我来看它已经进入了全球 top1 2 "。（财联社） 【好特卖回应新加盟叫停：闭店是加盟商或直营店正常的经营选择，全年闭店率不超过 5% 】 近 日，好特卖被曝光陆续关闭其在核心城市的门店，涉及广州、长沙、杭州、北京等城市热门商圈。 ...