机构：中国乘用车销量应会保持强劲

Core Viewpoint - Bernstein analysts project that China's passenger car wholesale sales will reach approximately 29.5 million units by 2025, representing an 8% growth, which includes 24 million units for domestic sales and 5.5 million units for exports [1] Group 1: Electric Vehicle Market - Despite the electric vehicle penetration rate nearing 50%, Bernstein remains optimistic about the continued adoption of electric vehicles, as current pricing is generally lower than traditional cars, making them increasingly attractive to Chinese consumers [1] - BYD and Xiaomi are identified as Bernstein's top "outperform" stocks in the electric vehicle sector [1] Group 2: Company Performance - BYD's strong overseas performance is offsetting pressures in the domestic market, and its battery sales to major clients like XPeng Motors and Xiaomi are also performing well [1] - Bernstein holds an optimistic view on Xiaomi's long-term electric vehicle development potential following the launch of the YU7 model [1]