奇瑞汽车股份有限公司常务副总裁张国忠在奇瑞家宴活动现场表示，2025年是奇瑞向全球化高科技生态 集团转型跨越的关键一年，集团全年累计销售汽车2806393辆，同比增长7.8%，全球累计用户突破1853 万，市场根基持续夯实。其中，全年出口1344020辆，同比增长17.4%，累计出口汽车585万辆。新能源 赛道上，全年销量达到903847辆，同比大幅增长54.9%。 新京报贝壳财经讯（记者林子）1月9日，新京报贝壳财经记者自奇瑞集团获悉，奇瑞集团发布了2026年 战略目标：将全力冲击集团整体320万辆的销量新高峰，较2025年增长14.03%，并计划推出17款重点车 型，向电动化、智能化加速奔跑，成为全球化高科技生态集团。 （文章来源：新京报） ...

本报讯 （记者刘钊）1月8日，"一骑纵新途"2026奇家宴在北京举行。奇瑞集团携旗下奇瑞、星途、捷 途、iCAR、纵横五大品牌，与各界媒体伙伴欢聚一堂，携手擘画新一年的发展蓝图。 奇瑞集团2025年实现"四大历史突破" 家宴伊始，奇瑞汽车股份有限公司常务副总裁张国忠向所有来宾致以新春问候，并表示过去一年是奇瑞 向全球化高科技生态集团转型跨越的关键一年，集团在销量、出口、新能源、品质四大领域均创造历史 新高，综合实力与全球影响力迈上新台阶。 集团全年累计销售汽车2，806，393辆，同比增长7.8%，全球累计用户突破1853万，市场根基持续夯 实。其中，全年出口1，344，020辆，同比增长17.4%，累计出口汽车585万辆，创造中国车企单月、年 出口、累计出口三项纪录，连续23年位居中国品牌乘用车出口第一，平均每23秒即有一辆"奇瑞造"扬帆 海外。新能源赛道上，全年销量达到903，847辆，同比大幅增长54.9%，规模与增速稳居行业前列。 奇瑞集团发布了2026年战略目标：将全力冲击集团整体320万辆的销量新高峰，较2025年增长14.03%， 并计划推出17款重点车型，向电动化、智能化加速奔跑，成为全球用户 ...

Core Viewpoint - The automotive industry is entering a deep transformation phase towards electrification and intelligence by 2025, with a significant increase in IPO activities aimed at expanding into overseas markets [2][4]. Group 1: IPO Trends and Statistics - As of November 26, 2025, there were 97 companies listed on the A-share market, with expectations of over 100 listings and total financing exceeding 110 billion yuan for the year [2]. - Approximately 30% of these IPOs are from the automotive sector, including parts and electronic systems [2]. - More than 40 automotive companies from both A-shares and Hong Kong stocks are expected to be listed in 2025 [2]. Group 2: Major IPO Events - Three significant IPOs in 2025 include CATL, Chery Automobile, and Seres, which have set multiple market records and enhanced China's automotive global competitiveness [4]. - CATL's IPO raised approximately 35.3 billion HKD, with 90% of the funds allocated for projects in Hungary, aiming for a localized supply strategy in Europe [4]. - Chery Automobile raised about 9.145 billion HKD, with 35% of the funds dedicated to passenger vehicle R&D and 20% for overseas market expansion [5]. - Seres achieved the largest IPO in 2025, raising 14.016 billion HKD, with 70% of the funds focused on new energy vehicle technology R&D [5][6]. Group 3: Sector-Specific IPOs - The smart driving and lidar sectors saw significant IPO activity, with Pony.ai and WeRide both listing in Hong Kong, raising 7.7 billion HKD and becoming notable players in the autonomous driving field [10]. - Lidar companies like Hesai Technology and TuSimple also went public, contributing to the growth of smart driving technologies [11]. - The automotive parts sector is experiencing a surge in IPOs, with companies like Botai Carlink focusing on smart cockpit technology [11]. Group 4: Future Outlook - Several key companies have submitted IPO applications for 2026, indicating a continued trend of capital influx into the automotive sector [6][7]. - The overall IPO wave in 2025 reflects a deep collaboration between capital and industry, with a shift from reliance on imports to self-sufficiency in automotive components [12][13].

1月8日，"一骑纵新途"2026奇家宴在北京举行。奇瑞集团携旗下奇瑞、星途、捷途、iCAR、纵横五大品牌，与各界媒体伙伴齐聚一堂。 会议伊始，奇瑞汽车股份有限公司常务副总裁张国忠表示，过去一年是奇瑞向全球化高科技生态集团转型跨越的关键一年，集团在销量、出口、新能源、品 质四大领域均创造历史新高，综合实力与全球影响力迈上新台阶。 官方数据显示，集团全年累计销售汽车2,806,393辆，同比增长7.8%，全球累计用户突破1853万，市场根基持续夯实。其中，全年出口1,344,020辆，同比增 长17.4%，累计出口汽车585万。新能源赛道上，全年销量达到903,847辆，同比大幅增长54.9%，规模与增速稳居行业前列。 与此同时，奇瑞集团发布了2026年战略目标：将全力达成集团整体320万辆的销量新高峰，较2025年增长14.03%，并计划推出17款重点车型，向电动化、智 能化加速奔跑，成为全球用户喜爱和信赖的全球化高科技生态集团。 未来，奇瑞集团将继续秉持实干初心与创新精神，与全球用户、合作伙伴及所有同行者并肩前行，在"新燃油、新能源、新出海、新业务、新科技"的战略航 道上持续深耕。同时，奇瑞、星途、捷途、iC ...

深度 · 前瞻 · 真诚相伴 研究所 崔琰 副所长、汽车首席分析师 手机/微信：158-0086-5715/cathycuiy SAC NO: S0590525110023 经济学硕士,10余年证券从业研究经验,曾任华西证券、天风证券、 国金证券、民生证券汽车行业首席分析师等,专注于汽车四化(智能 化、电动化、全球化、高端化）与具身智能产业研究,在行业变革中 深挖投资机会。 21 20 白如/分析师(手机/微信:131-2788-0204) 卖方研究，需要强大的自驱力、好奇心以及时时刻刻的细致认真的态度，既要有探求真理的主观能动性；也需要时刻保持细致、认真的态 度，保证数据的准确度和逻辑的严谨性， 非常欢迎热爱卖方研究、深究汽车行业且价值观一致的小伙伴加入，只要你认可深度研究、强求知欲、 靠谱勤奋、 强自驱力，欢迎加入，一起挖掘、伴随、见证汽车行业巨变带来的投资机会。 国联民生证券汽车行业分析师招聘 招聘要求： 汽车与具身智能行业分析师1-2名 ： 1）热爱卖方研究，希望见证与伴随汽车电动智能变革黄金十年； 2）主要覆盖智能化、具身智能方向，硕士及以上学历 ， 1-3年卖方/买方行业研究经 验/汽车或具身智能 ...

Group 1 - In 2025, General Motors (GM) sold nearly 1 million new energy vehicles (NEVs) in the Chinese market, accounting for over half of its total sales, marking a historic high in both sales and penetration rate of NEVs, reflecting the company's accelerated electrification process [2] - GM achieved year-on-year growth in both retail sales and market share in China, with total deliveries from the company and its joint ventures reaching nearly 1.9 million units, a 2.3% increase from 2024, driven by a 22.6% increase in NEV sales [2] - GM's Vice President and President of GM China, John Roth, attributed these positive results to the company's relentless pursuit of product excellence and disciplined measures in production and inventory management, expressing optimism for introducing more globally favored products in the coming year [2] Group 2 - Buick's high-end NEV sub-brand "Zhijing" launched its first models, the Zhijing L7 smart luxury sedan and Zhijing flagship MPV, which received positive market feedback after their release in Q4, built on the locally developed "Xiaoyao" super fusion architecture and equipped with the "Xiaoyao Intelligent Driving" system co-developed with Chinese tech company Momenta [3] - Buick has maintained its leading position in the high-end MPV market in China for over 20 years, with MPV sales exceeding 120,000 units last year, a 23% year-on-year increase, and plans to launch new models in 2025 to enhance its market presence [3] Group 3 - The Buick Envision and Buick LaCrosse reached significant production milestones in Q2, with the 1.8 millionth and 1.3 millionth vehicles rolling off the production line, respectively, with annual sales increasing by 76.4% and over 100% year-on-year [4] Group 4 - Cadillac continued to strengthen its influence in the luxury SUV market in 2025, with deliveries of the Lyriq and XT5 models increasing by 90% and 32.4% year-on-year, respectively [5] - The Cadillac F1 team announced that Chinese driver Zhou Guanyu will join as a reserve driver, supporting the team in its debut season in F1 in 2026, with participation in the F1 Shanghai race scheduled for March [5] Group 5 - The Wuling Hongguang MINIEV family, as GM's best-selling NEV in China, achieved annual sales of over 435,000 units, with approximately two-thirds of sales coming from the newly launched four-door version in Q1, and the newly launched Bingo S model contributing to the continued popularity of the Wuling Bingo series, with total sales surpassing 210,000 units in 2025 [6] - Baojun brand sales increased by 12.3%, with strong growth in the Yueye PLUS and Yunhai models, with Yueye PLUS sales exceeding 26,000 units and Yunhai deliveries rising by 60% year-on-year, surpassing 11,000 units [7]

Group 1 - The core viewpoint of the articles is that by 2025, Chinese automotive manufacturers are expected to surpass Japan in global sales, reaching approximately 27 million units, marking a 17% year-on-year growth [1][2] - Japanese media has extensively reported on this development, highlighting the competitive edge of Chinese companies in the automotive sector, particularly in production equipment, supply chains, and technology systems [1] - Chinese enterprises have established advantages in large integrated casting equipment for vehicle body manufacturing, which enhances production efficiency and reduces the number of components, becoming crucial in electric vehicle manufacturing [1] Group 2 - In terms of technology, Chinese companies are making significant advancements in autonomous driving and related software, with some cities already operating unmanned taxis and buses, which contrasts with Japan's limited international influence in these new fields [1] - The current situation in the Japanese automotive industry is attributed to multiple factors, including Japan's continued competitiveness in hybrid technology, while the global market shifts towards electrification and software integration [2] - Chinese automotive firms have made notable progress in sales scale, overseas expansion, and the application of new technologies, while Japan lacks competitiveness in areas such as power batteries and autonomous driving [2]

活动中还通过一辆传统柴油铰接式公交车的"告别仪式"，象征性展示了在比亚迪与运营商推动下，公共交通技术不断演进、加速迈向电动化和零排放 的进程。 比亚迪智利近日完成新一批电动巴士交付，新增双层电动巴士及铰接式电动巴士，至此在智利公共交通系统中投入运营的比亚迪零排放电动巴士总数 已达到950辆。 比亚迪智利携手当地运营商Metbus，正式完成圣地亚哥公共交通系统Red Movilidad中950辆100%纯电动公交车的更新工作。这一重要成果进一步巩固 了圣地亚哥在全球零排放公共交通领域的标杆地位。 此次里程碑的达成，源于新一批比亚迪电动巴士车队的顺利到港与投运。该批车队共包括94辆铰接式电动巴士和30辆双层电动巴士，主要服务于首都 地区客流量较高的核心公交线路。相关信息在一场由比亚迪与Metbus联合举办的活动中正式对外发布。 活动现场嘉宾包括智利交通与电信部长Juan Carlos Muñoz，前交通部长、现任大都会公共交通局局长Paola Tapia，前交通部长Gloria Hutt，比亚迪智 利国家经理Tamara Berríos，以及国际公共交通协会（UITP）的多位代表。 智利圣地亚哥比亚迪纯电动巴士车 ...

2026年刚开年，宝马就迫不及待地在车市扇动了一下"翅膀"。 宝马公司宣布，1月1日起，宝马中国对旗下31款主力车型进行建议零售价调整，其中24款车型的降幅超10%，5款超20%；宝马iX1 eDrive25L降幅最大， 达24%；宝马i7 M70L的降价金额最高，达30.1万元。 价格战的"蝴蝶效应"赶紧显现吧！管他呢，能省银子买好车才是王道。 这31款宝马车型中，调价前只有3款的建议零售价低于30万元，调价后增至10款。售价最低的宝马225L M运动套装，从25.99万元降至20.8万元，与不少国 产SUV相差无几。由于宝马调整的是建议零售价，终端定价由经销商自行决定，因此最终售价或有所不同。 对于此次调价，1月2日，宝马中国方面表示，这不是价格战是宝马部分产品的价值升级，是宝马主动调整产品策略、针对市场动态的积极回应。 但市场对此似乎有另外的解读。要知道，就在宝马调价前一周，多家媒体报道了保时捷在华关闭了三家核心城市的展厅，这已是该品牌2025年以来关闭超 7家门店。从超豪华品牌的渠道收缩到一线豪华品牌的直接降价，豪华车市场的寒意从产业链顶端蔓延至各个层级，2026年的竞争烈度已然清晰——没有 最卷，只 ...

一、行业背景与发展特征 发展驱动：全球电动化（新能源汽车）与储能需求爆发，叠加各国能源安全、环保法规趋严及制造商需求升级，推动蓄电池行业向技术合规、功能适配、 环保化方向发展。 本报告围绕中国锂离子电池全球出口展开分析，核心内容如下： 行业特征：呈现绿色化（推广低碳工艺、优化回收与废水处理技术）、全球化（中国企业输出技术、设备与管理体系，构建海外完整制造能力）、一体化 （头部企业垂直整合，布局绿电生产基地以降本增效）三大趋势。 二、重点国别出口机会与采购商情况 越南：87 天内高频高额采购商 TOP10 包括 SAMSUNG SDI VIETNAM CO., LTD、NEWTIMES IMPORT EXPORT 等企业，交易金额居前，当地电子制造 业对锂离子电池需求旺盛。 美国：156 天内高频高额采购商以 BELLEFIELD HOLDCO LLC.、TOYOTA MOTOR SALES USA INC. 等为主，交易规模庞大，新能源汽车与储能领域采 购需求突出。 印度：87 天内高频高额采购商有 MAHINDRA AND MAHINDRA、SUNWODA ELECTRONICS INDIA 等，平均进口交 ...