2月1日，多家新能源车企公布2026年首月销量数据，仅问界、小米和零跑三个品牌销量迈过3万大关。 其中，问界以40016辆的交付量暂居榜首，这也是唯一月销量超过了4万的车企。小米汽车紧随其后，交 付量超过39000辆，超过零跑位列新势力第二。零跑汽车则以32059辆的交付量位居第三。 一月份车市环比数据普遍大幅下滑，多家车企实现了同比负增长，市场整体表现偏弱。 传统车企的新能源板块中，极氪品牌1月销量23652辆，同比增长99.7%；广汽埃安昊铂BU 1月销量 23591辆，同比增长63.9%；东风奕派科技1月销量21269辆，同比增长145%。 截至发稿，长安汽车旗下的深蓝汽车和阿维塔均未公布销量。 今年1月，在第一财经记者统计的23家主要上市乘用车企中，超七成公司股价录得下跌，呈现"开门 黑"态势，反映出当前汽车行业竞争加剧与市场情绪的变化。 由于2025年1月有春节因素在，因此2026年的1月份车市同比增幅成为重要的观察角度。 鸿蒙智行称，1月交付57915辆，同比增长65.6%。问界品牌月销40016辆，意味着智界、尊界、享界和 尚界四家总销量17899辆，平均每"界"不到4500辆。 小米汽车宣布1 ...

每经记者｜孙桐桐 每经编辑｜陈柯名 裴健如 2月1日，多家主流车企陆续披露了2026年1月的销量数据。作为2026年首个完整销售月，头部新能源车品牌多数实现了销量的同比正增长。 从各汽车品牌官方公布的数据来看，2026年1月，车企销量呈现明显的阵营分化特征，新能源车成为各车企销量增长的核心驱动力。 小米汽车官方宣布，1月交付量超3.9万辆，较2025年12月超5万辆的交付量下降22%。 对此，小米集团创始人、董事长兼CEO雷军表示，当前销量得益于订单储备厚度与市场认可度，因SU7处于新老切换阶段，本月主力交付车型为YU7，新 一代SU7将于4月上市，2026年品牌整体销量目标为55万辆。 雷军发布微博称："SU7马上改款，目前主要交付的是YU7。" 值得一提的是，如今，小米汽车不仅是2026年1月的造车新势力销冠，而且拉开了与第二名零跑汽车的差距。 图片来源：每经记者 段思瑶 摄（资料图） 据比亚迪股份公告披露的数据，2026年1月，比亚迪新能源汽车销量约21万辆。 鸿蒙智行官方数据显示，其1月交付量达5.79万辆，同比增长65.6%，环比下滑35.3%。其中，问界车型是其绝对主力，1月交付超4万辆，同比增长 ...

Investment Rating - The report suggests focusing on themes of intelligence and overseas expansion, highlighting potential investment opportunities in companies like BYD and Geely Automobile, as well as in the intelligent and robotics sectors such as Li Auto-W and Xpeng Motors-W [3][16]. Core Insights - Tesla is shifting its focus from traditional vehicle production to AI and robotics, planning to stop the production of Model S and Model X to allocate resources for the Optimus humanoid robot, with a target production capacity of 1 million units annually by 2026 [1][13]. - Li Auto is restructuring its R&D department to enhance its humanoid robot development, indicating a strong commitment to AI competition and innovation in robotics [2][14]. - The passenger car market has shown weak sales performance in early 2026, but there is optimism for recovery in Q1 2026 due to anticipated policy support and seasonal demand [2][15]. Industry Data Tracking - The Shanghai Composite Index increased by 0.08%, while the automotive index decreased by 5.08%, ranking 29th among 31 sectors [4][17]. - In the second week of January 2026, wholesale passenger car sales were 359,000 units, down 28% year-on-year, with a significant increase in new energy vehicle penetration to 50% [5][26]. - In December 2025, the total wholesale passenger car sales were 2.787 million units, a year-on-year decrease of 9.3%, while new energy vehicle sales increased by 3.4% [6][34]. Industry Dynamics - Tesla's transition to focus on AI and robotics is part of a broader trend in the automotive industry, with companies like Xpeng and Li Auto also investing heavily in intelligent driving and robotics [1][3][66]. - The report highlights the importance of new energy vehicle exports, which have shown a consistent growth rate of over 20% year-on-year, indicating a long-term trend towards international markets [3][15]. - The introduction of mandatory standards for advanced driver assistance systems in China marks a significant regulatory shift that will impact the automotive landscape [68].

日前，小鹏汽车人形机器人IRON在深圳湾万象城的公开行走演示中意外摔倒的视频，引发全网关注与 热议。 事实上，这并非IRON首次引发社会关注。 2月1日，小鹏汽车董事长、CEO何小鹏回应争议："（这一摔）让我想起所有孩子学步的样子，跌倒后 会站稳，下一步就是开始奔跑，持续奔跑。" 据小鹏汽车副总裁@托马斯电火车 披露，1月31日，IRON在深圳湾万象城向市民进行真实行走展示。 网传视频显示，IRON完成一段流畅的"猫步"后，在与观众互动站定期间突然向侧方倾倒。"她走了很多 次，其中一次她摔倒了。"@托马斯电火车补充说明，同时发布了更多现场视频佐证其稳定演示的表 现。 值得一提的是，这次"插曲"也意外打破了此前的相关争议。"这一摔也没人怀疑是真人扮演的了"，@托 马斯电火车透露，已将部分嘲笑的声音转达给研发团队，反而成为了团队的激励。 2025年11月，小鹏汽车科技日期间，IRON因"猫步"姿态过于拟人化，曾被公众质疑"由真人扮演"。为 回应争议，何小鹏两度公开自证，甚至在发布会现场剪开IRON的小腿"皮肤"与"肌肉"，让其在机械"骨 骼"完全暴露的状态下完成"猫步"行走，用硬核展示回应外界疑虑。 当场"剪腿" ...

Core Viewpoint - The new energy vehicle market experienced a significant decline in January 2026, attributed to seasonal factors and the expiration of the vehicle purchase tax exemption policy, which led to a demand pull-forward in late 2025 [1]. Group 1: Delivery Performance - Leap Motor delivered 32,059 vehicles in January, a year-on-year increase of 27.37%, but a month-on-month decrease of 46.94% [2]. - Li Auto's January deliveries were 27,668 vehicles, reflecting a year-on-year decrease of 7.55% and a month-on-month decrease of 37.47% [3]. - NIO delivered 27,182 vehicles in January, marking a year-on-year increase of 96.08% but a month-on-month decline of 43.53% [3]. - Xpeng Motors reported 20,011 vehicles delivered in January, showing a year-on-year decrease of 34.07% and a month-on-month decline of 46.65% [5]. Group 2: Market Strategies and Innovations - Leap Motor is accelerating its channel development, adding 85 new stores to reach a total of 1,068 nationwide, aiming to enhance customer experience [2]. - Li Auto is addressing supply chain issues by offering compensation to customers affected by delivery delays and promoting battery version alternatives [3]. - NIO is launching low-interest financing options for its new models to stimulate market demand [4]. - Both Li Auto and NIO are enhancing their smart technology offerings, indicating increased competition in the intelligent vehicle sector [4]. Group 3: Market Outlook - The automotive retail market is expected to gradually recover as local vehicle replacement subsidy policies are implemented and pre-holiday purchasing demand is released [6].

格隆汇2月1日｜比亚迪：1月新能源汽车销量210051辆，同比下降30.11%。 鸿蒙智行：1月交付57915台，同比增长65.6%。 问界汽车：1月交付40016辆，同比增长83%。 理想汽车：1月交付27668辆。 蔚来汽车：1月交付27182台，同比增长96.1% 小米汽车：1月交付超39000台。 零跑汽车：1月交付32059台，同比增长27%。 小鹏汽车：1月交付20011台。 岚图汽车：1月交付10515辆，同比增长31%。 极氪：1月交付23852台，同比增长99.7%。 ...

1月31日，有网友在社交平台晒出小鹏IRON人形机器人摔倒照片。 据悉，本次活动 是小鹏IRON人形机器人的首次线下互动，地点位于深圳湾万象城Wave广场。 目前，小鹏汽车董事长何小鹏和小鹏汽车副总裁均对此事进行了回 应。小鹏汽车副总裁称，机器人IRON在深圳湾万象城给深圳市民尤其是孩子们又来了一次真实行走，让大家真实感受未来。她走了很多次，其中一次她 摔倒了，主持人感慨"人生的道路上也要经历挫折"，这一摔也没人怀疑是真人扮演的了。 何小鹏则表示："让我想起所有孩子学步的样子，跌倒后会站稳，下一步就是开始奔跑，持续奔跑"。 值得一提的是，在会展上，由于展示了猫步般轻盈的步态，有不少网友质疑，称"感觉是个真人在努力扮演机器人"。 11月6日上午，何小鹏发布了一个一镜到底无剪辑的视频，证明IRON是真的机器人。 在11月6日晚上的发布会上，何小鹏表示，今天上午IRON机器人的拉链被打开的时，"说实话，我有一点点的心酸……就像电影《向子弹飞》里一样，要 证明吃一碗粉是要剥开肚子的。""如果IRON来自海外的企业，也许就不会产生这么多的质疑，而会鼓掌、欣喜。""大家不敢相信一个极其强大的技术来 自一家中国公司，我们心 ...

Core Viewpoint - The new energy vehicle companies, including Leap Motor, Li Auto, NIO, and Xpeng, reported their January delivery figures, showing year-on-year growth but a significant decline compared to December due to seasonal market weakness and the expiration of tax incentives [1]. Delivery Performance - Leap Motor delivered 32,059 vehicles in January, a year-on-year increase of 27.37% but a month-on-month decrease of 46.94%. The company is accelerating channel development, adding 85 new stores to reach a total of 1,068 nationwide [2]. - Li Auto's January deliveries reached 27,668 vehicles, up 7.55% year-on-year but down 37.47% month-on-month. The company faced production delays due to battery supply issues, affecting the delivery schedule of its i6 and i8 models [3]. - NIO delivered 27,182 vehicles in January, marking a 96.08% year-on-year increase but a 43.53% month-on-month decline. The company highlighted the high margins of its new ES8 model, which is expected to enhance overall sales and profitability [3]. - Xpeng's January deliveries totaled 20,011 vehicles, reflecting a 34.07% year-on-year decline and a 46.65% month-on-month drop. The company launched four new models in January and anticipates strong growth, particularly in overseas markets [5]. Market Insights - The decline in deliveries is attributed to the traditional off-peak season at the beginning of the year and the impact of the end of the vehicle purchase tax exemption, which had previously pulled forward some demand [1]. - Industry experts expect the automotive retail market to gradually recover as local vehicle replacement subsidy policies are implemented and pre-holiday purchasing demand is released [5]. Technological Advancements - Both Li Auto and NIO announced advancements in their smart technology offerings, indicating increased competition in the smart vehicle sector. Li Auto released an OTA update with 40 new features and 25 optimizations, while NIO introduced a new version of its NIO World Model [4].

北京商报讯（记者 刘晓梦）2月1日，小鹏汽车发布的数据显示，2026年1月共交付新车20011辆。 ...

日前，小鹏汽车人形机器人IRON在深圳湾万象城的公开行走演示中意外摔倒的视频，引发全网关注与 热议。2月1日，小鹏汽车董事长、CEO何小鹏回应争议："（这一摔）让我想起所有孩子学步的样子， 跌倒后会站稳，下一步就是开始奔跑，持续奔跑。" 据小鹏汽车副总裁@托马斯电火车披露，1月31日，IRON在深圳湾万象城向市民进行真实行走展示。 网传视频显示，IRON完成一段流畅的"猫步"后，在与观众互动站定期间突然向侧方倾倒。"她走了很多 次，其中一次她摔倒了。"@托马斯电火车补充说明，同时发布了更多现场视频佐证其稳定演示的表 现。 值得一提的是，这次"插曲"也意外打破了此前的相关争议。"这一摔也没人怀疑是真人扮演的了"，@托 马斯电火车透露，已将部分嘲笑的声音转达给研发团队，反而成为了团队的激励。 事实上，这并非IRON首次引发社会关注。2025年11月，小鹏汽车科技日期间，IRON因"猫步"姿态过于 拟人化，曾被公众质疑"由真人扮演"。为回应争议，何小鹏两度公开自证，甚至在发布会现场剪开 IRON的小腿"皮肤"与"肌肉"，让其在机械"骨骼"完全暴露的状态下完成"猫步"行走，用硬核展示回应外 界疑虑。 值得一提的是，不 ...