China’s electric vehicle makers are locked in a spiraling price war. Their suppliers say they are bearing the brunt. https://t.co/cPkBJ5t6Kq ...

After years of mounting concern over deflation and the bruising price wars that have plagued much of China’s economy, President Xi Jinping’s government is showing signs of finally taking action https://t.co/M41WMQbLLd ...

Xiaomi launched a car just slightly cheaper than Tesla's Model Y, and it has already attracted hundreds of thousands of buyers. In a Weibo post on Thursday, the Chinese smartphone and electric vehicle maker said it received over 200,000 orders for the YU7 car within three minutes of its launch in Beijing.Within an hour of the sale starting, it had more than 289,000 orders for the car, Xiaomi wrote in a second Weibo post. The car, which retails starting at $35,000, intends to compete with the Model Y, Chin ...

Core Insights - NIO Inc. is a significant player in the Chinese electric vehicle (EV) market, with multiple growth drivers including rising vehicle deliveries, new model launches, and advancements in battery swap technology and smart driving capabilities [1][4][10] Vehicle Deliveries and Model Launches - In Q1 2025, NIO delivered 42,094 vehicles, representing a 40.1% year-over-year increase, with expectations of 72,000-75,000 deliveries in Q2 2025 [4][8] - New models such as ES6, EC6, ET5, and ET5T have been launched, with the next-generation ES8 SUV expected in Q4 2025 [4][8] Sub-brands and Market Strategy - NIO is leveraging its sub-brands ONVO and Firefly to capture more market share, with ONVO's first model, the L60, showing strong initial sales and the second model, L90, set for Q3 2025 deliveries [5][6] - Operational adjustments in ONVO since April have led to increased productivity and sales efficiency [5] Competitive Landscape - NIO faces intense competition from peers like Li Auto and XPeng, which have outperformed NIO in vehicle deliveries, with XPeng delivering 94,008 vehicles and Li Auto selling 92,864 in the last reported quarter [6][8] Technological Advancements - NIO is advancing its smart driving technology through the NIO World Model (NWM), which enhances real-time decision-making capabilities [9] - The company has developed its in-house smart driving chip, NX9031, which is now utilized in several models, contributing to improved performance and cost efficiency [9] Battery Swap Technology - NIO's battery swap technology is a competitive advantage, allowing drivers to replace batteries in minutes, with 3,408 swap stations globally and over 35 million swaps completed [10] Operational Efficiency and Cost Management - NIO is focusing on improving operational efficiency by consolidating R&D resources across its brands, which is expected to reduce costs and streamline operations [11] - The company aims to lower SG&A expenses and achieve a gross margin of around 15% in Q2 2025, with a target to bring non-GAAP SG&A costs to within 10% of revenues by Q4 2025 [12] Financial Performance and Margin Pressure - NIO's vehicle margin was 10.2% in the last reported quarter, an increase from 9.2% year-over-year but a decrease from 13.1% in Q4 2024 [13] - The company is under margin pressure compared to competitors, with Li Auto reporting a vehicle margin of 19.8% in Q1 2025 [13][14] Future Outlook - NIO's path to breakeven remains uncertain due to ongoing margin pressures and fierce competition in the EV market [14] - The company is currently trading at a forward price-to-sales ratio of 0.44, which may present an entry point for long-term investors if growth and margin targets are met [16]

车展现场，捷达、吉利、长安等品牌纷纷亮出"一口价"：捷达VS5好运版6.96万元起，吉利银河星舰7 EM-i限时优惠8.78万元起，长安2025款逸动 PLUS高能 版置换价仅4.69万元……"这次车展价格确实很划算。"多位消费者在订单确认处表示。 齐鲁晚报·齐鲁壹点记者 鹿青松 6月14日。"约惠槐荫•第三届惠民车展"在山东国际会展中心盛大开幕，各大车企纷纷推出重磅优惠，多重补贴叠加让利，为消费者带来购车良机。 "现在行业'价格战'常态化，我们不再区分淡旺季。年中反而会加大促销力度，当前正是购车好时机。"某车企负责人透露。据了解，消费者可同时享受国家 报废补贴、地方购车券、厂家直补等多重优惠，优惠力度空前。 "我们也是听说现在可以叠加多重优惠，才来槐荫惠民车展看看车。"在极氪展台，家住济南历城区的刘先生带着家人前来选购极氪7X，"现在好多新能源汽 车都是全国统一价格，没有什么谈价的空间。还好可以叠加多重政府补贴，可以将买车价格压低一些。" 在比亚迪展台，现场销售人员为一位购车消费者算了一笔账，一台纯电续航里程520公里的比亚迪宋PLUS EV中配版车型，可以叠加多重优惠补贴。包括 20000元的旧车报废国家 ...

UK is one of the strongest market. But then also Germany were doing very well and the Spanish were super good and the Italy were doing good in France or doing so almost every single like a top auto market. BE why the performance is outstanding.You know who is not doing so well in the French market or the German market is Tesla. And they've seen double digit declines in sales in those markets. Are you filling the gap. Are you seeing customers steering away from Tesla and towards the window.Now. We didn't see ...

When it comes to pricing, we've seen this very aggressive price war in China. Yeah. Is that sustainable.No, it's not sustainable. So this this is it's like a it's a kind of a very extreme tough competition. So yeah, it's a BYD if because all our competition drop the price then always like a duplicate what we're doing learning.We become number one. Everybody follow what we do. We're launching this model this today.Two months later our competition will launching similar model bigger but the price will be 10 o ...

It's not sustainable. So this this is it's like it's a kind of a very extreme, tough competition. So, yeah, it's a bit wide because all our competition is over the price.Then always like duplicate the what. What do we learn. It would become number one.So everybody follow. What would we learn to this model. This today, two months later our company's launching a similar model bigger but the price of would be tango 20,000 that maybe cheaper.So you have to survive. But this is not healthy. So I would rather eve ...

Good morning. Let's start with Opec+, because I think that's been the main event for the crude market over the last several months. What's policy now and what's the strategy behind it.So you can make the case that Opec+ is trying three three things at once, rates trying to increase market share. I think it's more of a Saudi thing. You could argue there is a discipline element to what Saudi's doing because it's really driven by Saudi Arabia and the surfeit of it is is well, why now.Clearly, lower oil prices ...

作者：老萝卜头 2025年一季度，阿里云以"史上最大力度降价"掀起新一轮价格战，核心产品价格直降20%至55%，覆盖超百款产品、500个规格。 这场由头部厂商主导的"让利风暴"迅速席卷行业，京东云跟进"击穿低价再低10%"的承诺，中小厂商在巨头夹缝中艰难求生。 价格战究竟是行业洗牌的必经之路，还是扼杀创新的慢性毒药？ 头部厂商以价换量，利润率逼近安全红线 阿里云2024年财报揭示了价格战的底气所在：全年营收突破千亿大关，达到1063.74亿元，同比增长37.78%，其降价逻辑清晰——通过扩大公共云渗透率来 摊薄成本。 数据显示，阿里云ECS云服务器、OSS对象存储等核心产品使用率提升直接带动数据中心资源利用率从5%跃升至25%，每年可节省800亿度电。这种"技术红 利反哺用户"的策略，本质是规模效应的极致演绎。 腾讯云、华为云虽未公开具体降价幅度，但市场动作已显露端倪。 IDC报告指出，2024年下半年中国公有云IaaS市场规模达948.2亿元，其中阿里云份额从25.8%升至26.2%，华为云、中国电信紧随其后。头部厂商市场份额的 此消彼长，印证了价格战对市场格局的影响。 规模扩张的代价则是利润率承压。工业富 ...