据中国汽车工业协会分析， 11 月，新能源汽车表现强劲，产销同比保持快速增长，国内销量占比较同期明显 提升，新能源汽车出口高速增长 。 2025 年 11 月， 新能源汽车产销分别完成 188 万辆和 182.3 万辆，同比分别增长 20% 和 20.6% 。 2025 年 1-11 月， 新能源汽车国内销量 1246.6 万辆，同比增长 23.2% 。 2025 年 1-11 月， 新能源汽车产销分别完成 1490.7 万辆和 1478 万辆，同比分别增长 31.4% 和 31.2% 。 2025 年 11 月， 新能源汽车国内销量 152.2 万辆，环比增长 4.3% ，同比增长 6.5% 。 本文摘自《中国汽车工业产销快讯》2025年第12期，内容有所精减，如需了解更多内容，请联系我们：高丽莉 13020028333、刘建荣 13521607432。 来源： 中汽协会行业信息部 2025 年 11 月， 新能源汽车出口 30 万辆，环比增长 17.3% ，同比增长 2.6 倍 。 2025 年 1-11 月， 新能源汽车出口 231.5 万辆，同比增长 1 倍 。 ...

Core Insights - The company reported a strong production and sales performance for November 2025, with production reaching 9,588 vehicles, a year-on-year increase of 85.96% [2] - Cumulative production for the year reached 73,759 vehicles, reflecting a significant year-on-year growth of 149.84% [2] - Total sales in November amounted to 9,504 vehicles, marking a year-on-year increase of 63.44% [2] - Year-to-date sales reached 90,557 vehicles, showing a substantial year-on-year growth of 93.67% [2] Production Summary - In November, the production of new energy vehicles was 802 units, a decrease of 3.72% year-on-year [4] - Cumulative production of new energy vehicles for the year was 14,717 units, a significant increase of 154.09% year-on-year [4] - The production of other vehicle models surged to 8,786 units in November, an increase of 103.24% year-on-year [4] - Cumulative production of other models for the year reached 59,042 units, reflecting a year-on-year growth of 148.81% [4] Sales Summary - November sales of new energy vehicles totaled 1,201 units, a decline of 43.98% year-on-year [4] - Year-to-date sales of new energy vehicles reached 29,778 units, an increase of 50.57% year-on-year [4] - Sales of other vehicle models in November were 8,303 units, showing a remarkable year-on-year increase of 126.18% [4] - Cumulative sales of other models for the year reached 60,779 units, with a year-on-year growth of 125.27% [4]

销量方面，公司11月合计销量为58,113辆，同比增长36.34%；本年累计销量453,147辆，较去年同期累计同比小幅下降0.52%。公告提示，本次披露数据为产 销快报数据，最终数据以2025年审计数据为准。 | 产品名称 | | | 产量 | | | | 销量 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 本月 | 本月同比 | 本年累计 | 累计同比 | 本月 | 本月同比 | 本年累计 | 累计同比 | | 新能源汽车 | 55,081 | 42.02% | 417,765 | 5. 51% | 55. 203 | 49. 84% | 411, 288 | 5. 58% | | 其中:赛力斯汽车 | 51, 284 | 51.22% | 383, 725 | 4.97% | 51, 677 | 59.73% | 376, 668 | 4. 85% | | 其他车型 | 3.796 | -40. 50% | 42. 599 | -30. 23% | 2.910 | -49.68% | 41.859 | -36. 53% | ...

Core Insights - BYD reported its November 2025 production and sales figures for electric vehicles, showing a mixed performance in the market [2] Production Summary - In November, the total production of new energy vehicles was 474,175 units, down from 540,588 units in the same month last year, while the cumulative production for the year reached 4,117,552 units, representing a year-on-year increase of 7.29% [2][3] - The production of passenger vehicles in November was 469,199 units, compared to 536,926 units in the same month last year, with a cumulative production of 4,064,839 units, reflecting a year-on-year growth of 6.40% [2][3] Sales Summary - The total sales of new energy vehicles in November were 480,186 units, down from 506,804 units in the same month last year, with cumulative sales for the year reaching 4,182,038 units, marking an increase of 11.30% year-on-year [2][3] - Passenger vehicle sales in November were 474,921 units, compared to 504,003 units in the same month last year, with cumulative sales of 4,130,639 units, showing a year-on-year increase of 10.42% [2][3] Segment Performance - The production of pure electric vehicles in November was 233,631 units, up from 208,859 units year-on-year, with cumulative production reaching 2,031,189 units, a significant increase of 27.89% [3][4] - Sales of pure electric passenger vehicles in November were 237,540 units, compared to 198,065 units in the same month last year, with cumulative sales of 2,066,002 units, reflecting a year-on-year surge of 32.67% [3][4] - In contrast, the production of plug-in hybrid vehicles in November was 235,568 units, down from 328,067 units year-on-year, with cumulative production of 2,033,650 units, a decrease of 8.89% [4] - Sales of plug-in hybrid vehicles in November were 237,381 units, compared to 305,938 units in the same month last year, with cumulative sales of 2,064,637 units, a decline of 5.45% year-on-year [4] Export and Battery Installation - BYD exported a total of 131,935 new energy vehicles in November 2025 [4] - The total installed capacity of power batteries and energy storage batteries in November was approximately 27.669 GWh, with a cumulative total of about 258.282 GWh for the year [4]

| | | 瑞达期货股份有限公司研究院，且不得对本报告进行有悖原意的引用、删节和修改。 续增长，市场按需采购为主，现货升水上涨；海外LME库存亦呈现增长。技术面，持仓持稳价格调整，多 空分歧增加。观点参考：预计短线沪镍回升调整，关注118000阻力。 免责声明 本报告中的信息均来源于公开可获得资料，瑞达期货股份有限公司力求准确可靠，但对这些信息的准确性及完整性不做任 何保证，据此投资，责任自负。本报告不构成个人投资建议，客户应考虑本报告中的任何意见或建议是否符合其特定状况。本 报告版权仅为我公司所有，未经书面许可，任何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发，需注明出处为 沪镍产业日报 2025-11-27 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 期货主力合约收盘价:沪镍(日,元/吨) | 116900 | -360 01-02月合约价差:沪镍(日,元/吨) | -210 | -40 | | | LME3个月镍(日,美元/吨) | 14845 | -75 主力合 ...

- 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因公告全部或任 何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 DONGFENG MOTOR GROUP COMPANY LIMITED* 東風汽車集團股份有限公司 （於 中華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股份代號：489） 自願公告 2025 年 10 月產銷快報 此乃東風汽車集團股份有限公司（以下稱「本公司」）作出的自願公告。 本公司 2025 年 1-10 月累計汽車銷量為 1,501,025 輛，同比下降約 1.6%。其中，新能源汽車銷量為 421,355 輛，同比增长約 37.1%。本 公司之母公司東風汽車集團有限公司 1-10 月累計汽車銷量為 1,944,917 輛，同比下降約 3.1%。本公司之附屬公司東風汽車股份有限公 司（A 股證券代碼 600006，以下稱「股份公司」）1-10 月累計汽車銷量為 99,482 輛，同比下降約 21.4%。 本公司產銷快報详细數據如下（單位：輛）: | | | | 生產量 ...

注：1.本表为销售快报数据，具体数据以定期报告数据为准。2.福田戴姆勒与福田康明斯是 50：50 的合资公司。福戴重型货车 10 月销量 10809 辆，1-10 月累计销 量 85774 辆，累计同比 79.67%；福康发动机 10 月销量 15659 台，1-10 月累计销量 149603 台，累计同比 15.24%。3.新能源汽车包括纯电动汽车、氢燃料电池汽车、 插电式混合动力汽车。4.商用车数据含非完整车辆，轻型货车数据含微型货车。 北汽福田汽车股份有限公司 董 事 会 二〇二五年十一月三日 北汽福田汽车股份有限公司 2025 年 10 月份各产品产销数据快报如下： | | | | | | 销 量（辆） | | | | | 产 量（辆） | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 产品类型 | | 本月数 | 去年同 | 本年累计 | 去年累计 | 累计同比 | 本月数量 | 去年同期 | 本年累计 | 去年累计 | 累计同比 | | | | | 量 | 期 | | ...

Group 1 - In September 2025, the production and sales of new energy vehicles (NEVs) reached historical highs, with domestic sales significantly increasing compared to the same period last year [1] - In September 2025, NEV production and sales were 1.617 million and 1.604 million units, respectively, representing year-on-year growth of 23.7% and 24.6% [1] - From January to September 2025, NEV production and sales totaled 11.243 million and 11.228 million units, showing year-on-year growth of 35.2% and 34.9% [1] Group 2 - In September 2025, domestic NEV sales reached 1.382 million units, with a month-on-month increase of 18% and a year-on-year increase of 17.5% [3] - From January to September 2025, domestic NEV sales amounted to 9.47 million units, reflecting a year-on-year growth of 28.1% [3] Group 3 - In September 2025, NEV exports were 222,000 units, showing a month-on-month decrease of 0.9% but a year-on-year increase of 100% [5] - From January to September 2025, NEV exports totaled 1.758 million units, indicating a year-on-year growth of 89.4% [5]

Core Insights - In September 2025, the production and sales of new energy vehicles (NEVs) reached historical highs, with a significant increase in domestic sales share compared to the same period last year [1] Production and Sales Data - In September 2025, NEV production and sales were 1.617 million and 1.604 million units, respectively, representing year-on-year growth of 23.7% and 24.6% [1] - From January to September 2025, NEV production and sales totaled 11.243 million and 11.228 million units, showing year-on-year growth of 35.2% and 34.9% [1] Domestic Sales Performance - In September 2025, domestic NEV sales reached 1.382 million units, with a month-on-month increase of 18% and a year-on-year increase of 17.5% [1] - For the first nine months of 2025, domestic NEV sales amounted to 9.47 million units, reflecting a year-on-year growth of 28.1% [1] Export Performance - In September 2025, NEV exports were 222,000 units, showing a month-on-month decline of 0.9% but a year-on-year increase of 100% [1] - From January to September 2025, NEV exports totaled 1.758 million units, marking a year-on-year growth of 89.4% [1]

Core Insights - The company reported a total production of 45,453 electric vehicles in September 2025, representing a year-on-year increase of 21.48% [2] - Cumulative production for the year reached 310,084 vehicles, showing a decline of 3.49% compared to the previous year [2] - Total sales in September amounted to 44,678 vehicles, marking a year-on-year growth of 19.44% [2] - Year-to-date sales totaled 304,629 vehicles, down 3.82% from the previous year [2] Production and Sales Breakdown - For the company's main product line, the production of electric vehicles in September was 42,459 units, up 16.88% year-on-year [4] - Cumulative production for this product line was 281,822 units, reflecting a decrease of 5.44% year-on-year [4] - September sales for this product line reached 41,249 units, an increase of 15.14% year-on-year [4] - Year-to-date sales for this product line totaled 276,203 units, down 5.72% from the previous year [4] Other Models Performance - Production of other models in September was 3,794 units, a significant decline of 40.29% year-on-year [5] - Cumulative production for these models was 35,365 units, down 27.42% year-on-year [5] - September sales for other models were 3,608 units, a sharp decrease of 49.66% year-on-year [5] - Year-to-date sales for these models totaled 36,021 units, down 31.65% from the previous year [5] Overall Company Performance - The total production of the company in September was 49,247 vehicles, reflecting a year-on-year increase of 12.51% [6] - Cumulative total production for the year was 345,449 vehicles, showing a decline of 6.64% year-on-year [6] - Total sales in September reached 48,286 vehicles, up 8.33% year-on-year [6] - Year-to-date total sales amounted to 340,650 vehicles, down 7.79% from the previous year [6]