Core Insights - The report indicates an overall increase in vehicle retention rates in China, particularly among luxury brands and domestic brands in the new energy segment [1] Group 1: Luxury Brands and Mainstream Brands - Luxury brands have shown a comprehensive recovery in retention rates, with BBA (Benz, BMW, Audi) maintaining stable performance due to a well-rounded product line [2] - Among mainstream overseas brands, Japanese brands have seen a narrowing advantage, with Toyota, Honda, and Nissan experiencing price declines; however, German brands have performed steadily, with Volkswagen's retention rates improving, particularly in sedan products [2] Group 2: Domestic Brands and New Energy Segment - Domestic brands exhibit mixed performance, with traditional strong brands like GAC and Geely remaining stable, while brands like BYD, which are rapidly transitioning to electrification, show robust performance [3] - In the new energy segment, domestic brands demonstrate strong competitiveness: the Lada L60 ranks first in retention rates for pure electric mid-size SUVs, followed by Tesla Model Y and Zeekr 7X; in the pure electric compact SUV market, Song PLUS New Energy, AION Y, and Yuan PLUS occupy the top three positions; in the plug-in hybrid market, Wuling M9 ranks first among plug-in hybrid models [3] Group 3: Market Trends and Policy Implications - The report highlights the release of a growth plan for the automotive industry, which includes 15 specific measures, particularly emphasizing the facilitation of used car transactions [3] - Despite a cooling off in end-of-month trade-in transactions, the overall market activity remains robust, with an increase in online vehicle supply [3] - Industry analysis suggests that the current vehicle retention rate market is undergoing structural adjustments, with brands possessing core technologies, comprehensive service systems, and clear development strategies gaining greater advantages in retention rates [3]

【#关海涛发声##极氪关海涛离职#】针对外界传闻，极氪科技集团CBO关海涛今日在朋友圈发文宣布 即将离职。 他表示，"人生天地，过隙白驹。一起奋斗的日子是最难忘的，能经历极氪高速发展、登顶、IPO，再 到极氪科技成立、回归吉利，也是职场生涯中最珍贵的荣幸。感谢大家关心，即将结束杭漂，感谢所有 一起奋斗的战友、朋友，感恩这个时代，日子绵长，情谊不散。青山绿水，江湖再见。希望大家继续支 持极氪、支持吉利。" 资料显示，关海涛此前曾任荣耀中国区CMO、电商部部长。2023年，关海涛从荣耀离职加盟极氪出任 CMO，2025年2月担任极氪科技集团首席商务官（CBO）。（新浪科技） 感谢大家关心,即将结束杭漂 感谢所有一起奋斗的战友、朋友,感恩这个 时代,日子绵长,情谊不散 青山绿水,江湖再见 希望大家继续支持极氪、支持吉利 。 收起 6分钟前 关海涛 (极氪 CMO) 人生天地,过隙白驹 一起奋斗的日子是最难忘的 能经历极氪高速发展、登顶、IPO，再到极 氪科技成立、回归吉利,也是职场生涯中最 珍贵的荣幸 6 OHRR ...

据悉，极氪科技集团CBO关海涛于近日离职，不再担任公司任何职务。目前其微博名已从"极氪关海 涛"改为"关海涛 Thomas"，但微博认证仍为"极氪科技集团CBO"，其微博自今年8月初后已停更2个月。 此前有知情人士称关海涛仍在职，且网友发布的相关离职帖子被投诉下架，理由是涉嫌发布不实信息、 侵犯名誉权。 10月10日，关海涛在朋友圈正式宣布离职，回顾了在极氪的经历，并表示即将结束杭漂生活，感谢所有 战友和朋友，希望大家继续支持极氪和吉利。 ...

Core Insights - BYD's 14 millionth electric vehicle was officially launched in Brazil, marking a significant milestone in the company's overseas expansion efforts [2] - The construction of the new plant in Brazil took only 15 months, showcasing BYD's rapid growth and production capabilities [2] - BYD's sales performance in the first three quarters of 2025 has been outstanding, with a total of 3.26 million vehicles sold, achieving 71% of its annual target [2] Group 1: Production and Expansion - BYD's new plant in Bahia, Brazil, is one of its largest overseas production bases, with an annual planned capacity of 150,000 vehicles [2] - The time taken to reach 14 million vehicles is significantly shorter than previous milestones, indicating accelerated growth [2] - The company has maintained a leading position in the domestic market, with a market share of 31.7% in 2022 [3] Group 2: Market Performance - In the first three quarters of 2025, BYD achieved a global market share of approximately 13.7%, surpassing Tesla for four consecutive quarters [2] - BYD's overseas sales have exceeded 700,000 units by September 2025, significantly surpassing the total for 2024 [2] - The company has established itself as a leading brand in various international markets, including Europe and Southeast Asia [2] Group 3: Innovation and Recognition - BYD's Seagull model was recognized in TIME magazine's list of the best inventions of 2025, highlighting its innovative capabilities [3] - The company has successfully penetrated multiple international markets, securing significant orders for electric buses in countries like Hungary, Colombia, and Finland [5][7]

Core Viewpoint - The company has officially entered the automotive testing sector through the acquisition of Guanbiao (Shanghai) Testing Technology Co., Ltd, enhancing its capabilities in various testing services for automobiles and their components [1] Group 1: Acquisition and Market Entry - The acquisition of Guanbiao Testing allows the company to provide comprehensive testing services in automotive materials, environmental reliability, electrical performance, and electromagnetic compatibility (EMC) [1] - The company has integrated resources and built capabilities to empower Guanbiao Testing, enabling it to obtain third-party testing qualifications from major automotive manufacturers such as Geely, Chery, Leap Motor, and JAC [1] Group 2: Client Base and Recognition - Currently, Guanbiao Testing has secured third-party testing qualifications from several automotive companies, including General Motors, Volkswagen, NIO, Li Auto, JAC, Geely, Leap Motor, and Chery [1] - The recognition from both traditional and new energy vehicle manufacturers expands Guanbiao Testing's credibility in the automotive industry [1] Group 3: Future Outlook - As of the first half of 2025, Guanbiao Testing is experiencing a favorable order situation and is actively exploring new fields and product lines to enhance the company's sustainable profitability and risk resistance [1]

Group 1 - Microsoft has been ranked as the world's best employer for two consecutive years according to Forbes [1] - Three companies from the IT software and services sector are in the top five of the global best employer list, including Microsoft, Alphabet (Google's parent company), and Adobe [1] - A total of 53 companies from mainland China made it to the Forbes global best employer list [1] Group 2 - State Grid Corporation, with 1,720,000 employees, is the largest among the listed Chinese companies [2] - Alibaba Group and Tencent Holdings, both in the IT software and services sector, have 124,320 and 110,600 employees respectively [2] - Other notable companies include China Construction Bank with 380,000 employees and China Ping An with 344,000 employees [2]

Core Insights - The report highlights the varying residual values of domestic automotive brands in China, with traditional strong brands like GAC and Geely maintaining stability, while brands like BYD show robust performance due to rapid electrification [1] - The shift from "market for technology" to "technology creates value" is emphasized as domestic brands evolve [1] Group 1: Electric SUVs - The pure electric mid-size SUV market is highly competitive, characterized by intense high-end battles and mainstream acceleration, with the Leado L60 achieving the highest residual value [3] - Tesla Model Y and ZEEKR 7X follow closely in the residual value rankings, indicating strong market acceptance [3] - In the compact electric SUV segment, the "Matthew effect" is evident, with top models like Song PLUS, AION Y, and Yuan PLUS establishing significant advantages due to technology and market reputation [7] Group 2: Plug-in Hybrid SUVs - In the plug-in hybrid compact SUV market, BYD's Song Pro and Song PLUS dominate the residual value rankings, showcasing the strength of BYD's DM technology [12] - The plug-in hybrid mid-size MPV market sees GAC's E9 leading in residual value due to its luxurious features and advanced battery management [16] Group 3: Compact Cars - In the popular compact car market, the Volkswagen Lavida ranks first in residual value, followed by the Volkswagen Sagitar and Audi A3, reflecting the strong foundation of German brands in China [17] Group 4: Mid-size SUVs - The domestic mid-size SUV market has established a stable value hierarchy, with GAC's GS8 leading in residual value due to its spaciousness and luxury features [21] - The competitive landscape in the mainstream joint venture mid-size SUV segment is dominated by German and American brands, with SAIC Volkswagen's Teramont achieving the highest residual value [23] Group 5: Japanese Brands - The price decline of Japanese brands like Toyota, Honda, and Nissan indicates a convergence in product quality, negatively impacting their residual values in the new energy era [25] - The increase in residual value for Volkswagen brands is attributed to strong contributions from their sedan products, while French brands face significant declines due to ongoing price wars [25]

这一销售高峰与9月以来的"新车潮"密切相关。 据21世纪经济报道记者不完全统计，仅9月22 日至28日，国内车市就有18款新车上市或亮相，包括理想i6、问界M7、尚界H5等多款车型。 多款新车的集中发布直接带动了门店客流与订单量的攀升。一位鸿蒙智行销售人员透露，以新 款智界R7为例，假期期间订车仍需等待4至6周才能交付。 （鸿蒙智行一批新车正等待交付 本报记者焦文娟/摄） 行业层面，"金九"成色初步显现。 乘联会数据显示，9月1日至27日，乘用车市场零售销量达 177.6万辆，环比增长12%。 记者丨 焦文娟 编辑丨包芳鸣 金珊 国庆中秋假期（下文简称："双节"），车市热度延续。记者发现，有品牌车型价格一口气 下 调近7万元，还有部分车型补贴高达5万元。 10月8日晚间，鸿蒙智行公布假期大定数据，9月30日至10月7日累计大定突破4.85万辆。 一是明确从2026年1月1日起，新能源汽车购置税将"免征"改为"减半征收" ，这意味着消费者 购车成本将最高增加1.5万元。 二是国家层面的"以旧换新"补贴政策在部分省份已于9月提前 结束。 一位经销商人士分析称，这种"错过就不再"的预期，促使大量观望中的消费者选择 ...

10月10日，极氪科技集团CBO关海涛在朋友圈发文宣布即将离职。 他表示，"人生天地，过隙白驹。一起奋斗的日子是最难忘的，能经历极氪高速发展、登顶、IPO，再 到极氪科技成立、回归吉利，也是职场生涯中最珍贵的荣幸。感谢大家关心，即将结束杭漂，感谢所有 一起奋斗的战友、朋友，感恩这个时代，日子绵长，情谊不散。青山绿水，江湖再见。希望大家继续支 持极氪、支持吉利。" 公开资料显示，关海涛此前曾任荣耀中国区CMO、电商部部长。2023年，关海涛从荣耀离职加盟极氪 出任CMO，2025年2月担任极氪科技集团首席商务官（CBO）。 ...

Core Insights - The Ministry of Industry and Information Technology has released the declaration information for the Geely Galaxy Xingyao 7, which will feature the new generation of Raytheon AI Electric Hybrid 2.0 technology [1][3] Group 1: Vehicle Design - The Geely Galaxy Xingyao 7 showcases a distinctive trapezoidal grille with chrome accents and slender LED headlights, creating an aggressive visual appeal [1] - The side profile of the vehicle is characterized by smooth lines and a long body stance, complemented by a continuous taillight design and chrome accents on the rear bumper [3] Group 2: Dimensions and Specifications - The vehicle's dimensions are 4958mm in length, 1915mm in width, and 1505mm in height, with a wheelbase of 2852mm [3] - The powertrain consists of a 1.5L engine (model BHE15-BFN) paired with a plug-in hybrid system, delivering a maximum engine power of 82kW, supported by a lithium iron phosphate battery from CATL [3] Group 3: Technology and Performance - The Galaxy Xingyao 7 is equipped with the new generation Raytheon AI Electric Hybrid 2.0 technology, which allows for seamless switching between pure electric, hybrid, and range-extended modes, with the electric motor providing a maximum power of 120kW [3]