光伏反内卷再升级，用电量持续创新高

Group 1: Market Performance - The electric equipment and new energy sector increased by 2.28% this week, ranking 20th in terms of performance, underperforming compared to the Shanghai Composite Index [1][2] - The new energy vehicle index saw the highest increase at 3.69%, while the wind power index had the smallest increase at 0.56% [1][2] Group 2: New Energy Vehicles - In July 2025, the U.S. light vehicle market continued its upward trend, but growth is slowing due to rising prices, reduced discounts, and tariff pressures [3] - The average price of new cars reached $45,063, an increase of nearly $1,000 year-on-year, with discounts narrowing to 6.1% [3] - Light vehicle inventory reached 2.19 million units, a year-on-year increase of 28% [3] - Electric vehicles accounted for a record 10.9% of the market share [3] Group 3: Renewable Energy Development - A meeting was held by multiple government departments to discuss the photovoltaic industry, emphasizing four key points: strengthening industry regulation, curbing low-price competition, ensuring product quality, and supporting industry self-discipline [4] - China Huadian Group announced a centralized procurement for 20GW of photovoltaic components, divided into two segments: 18GW and 2GW [4] Group 4: Electricity Consumption - In July, total electricity consumption exceeded 10 trillion kilowatt-hours for the first time, with a cumulative total of 58,633 billion kilowatt-hours from January to July, reflecting a year-on-year growth of 4.5% [5] - The electricity consumption by the primary industry was 847 billion kilowatt-hours, up 10.8% year-on-year, while the secondary industry consumed 37,403 billion kilowatt-hours, growing by 2.8% [5]