Sou Hu Cai Jing·2026-01-01 14:36Group 1 - Xpeng Motors achieved a total delivery of 1,445 units for the year 2025, representing a year-on-year growth of 126%, with December deliveries reaching 37,508 units, marking both month-on-month and year-on-year increases [4] - Li Auto, despite being the first and consistently profitable new force in the market, has returned to losses within a year, facing challenges in the extended range market and electric transformation [7] - NIO's ES8 sales surged to 22,000 units in December, while Xpeng's X9 reached a record monthly sales of 5,424 units, indicating a strong performance in the high-end segment [7] Group 2 - NIO has established over 3,600 battery swap stations nationwide and more than 1,000 highway swap stations, making battery swapping as convenient as refueling for its users [7] - Xpeng has leveraged its MONA M03 and extended range technology to boost sales, positioning itself alongside NIO and Li Auto as competitors [8] - Looking ahead to 2026, NIO needs to focus on three key strategies, while Xpeng's extended range technology is expected to ensure sales growth [8]