数据来源：中国海关，智研咨询整理 近一年中国插电式混合动力乘用车出口情况统计图 相关报告：智研咨询发布的《2026-2032年中国插电式混合动力（含增程式）客车行业投资机会分析及 市场前景趋势报告》 根据中国海关数据显示：2025年9月中国插电式混合动力乘用车进口数量为444辆，同比增长98.2%，进 口金额为0.65亿美元，同比增长102.1%，2025年9月中国插电式混合动力乘用车出口数量为98578辆，同 比增长304.1%，出口金额为19.42亿美元，同比增长191.2%。 近一年中国插电式混合动力乘用车进口情况统计图 数据来源：中国海关，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 ...

Group 1: Nissan's New Ventures - Nissan has established a joint venture import and export company in China, marking the first foreign automotive company to do so in the country. Nissan China holds a 60% stake, while Dongfeng Motor Group holds 40%. This venture signifies a new phase for Nissan in China, focusing on local development for global markets [2] - The first products to be exported from this new venture will be the Dongfeng Nissan N7 and the Frontier Pro PHEV, showcasing Nissan's commitment to leveraging local resources for international markets [2] Group 2: Automotive Import Trends - In September 2025, China's automotive imports totaled 41,000 units, reflecting a year-on-year decline of 25.6% and a month-on-month decrease of 8.7%. The import value was $2.04 billion, down 36.4% year-on-year [2] - For the first nine months of 2025, total automotive imports reached 360,000 units, a decrease of 32.4% compared to the same period last year, with an import value of $18.25 billion, down 40.1% year-on-year [2] Group 3: Autonomous Driving IPO - Pony.ai, a leading player in the autonomous driving sector, has officially listed on the Hong Kong Stock Exchange, marking the largest IPO in the global autonomous driving industry for 2025. The company issued approximately 48.25 million shares, with a potential fundraising amount of up to HKD 7.7 billion [2] - This listing follows Pony.ai's previous listing on NASDAQ, establishing a dual primary listing structure in both the US and Hong Kong [2] Group 4: New Vehicle Launches - Dongfeng Nissan has unveiled more official images of its first plug-in hybrid model, the N6, which is set to begin pre-sales soon. The N6 shares technology with the N7 and features a streamlined design with a drag coefficient of Cd 0.248 [2] - The vehicle has undergone extensive wind tunnel testing and offers multiple color options, emphasizing its design and performance capabilities [2] Group 5: Global Automotive Recalls - Stellantis has announced a global recall of 375,000 vehicles due to battery faults that have led to 19 reported fires. The recall affects certain models of the Jeep Wrangler and Grand Cherokee produced between 2020 and 2026 [2] - Owners are advised to park their vehicles outdoors until repairs are completed, highlighting the safety concerns associated with the affected models [2]

Core Insights - The report by Zhiyan Consulting analyzes investment opportunities and market trends in China's plug-in hybrid (including range-extended) passenger vehicle industry from 2026 to 2032 [1] Import and Export Data - In August 2025, China imported 328 plug-in hybrid passenger vehicles, representing a year-on-year decline of 64.9%, with an import value of $0.4 million, down 42% year-on-year [1] - In the same month, China exported 93,879 plug-in hybrid passenger vehicles, showing a significant year-on-year increase of 290.1%, with an export value of $19.21 million, up 188.7% year-on-year [1] Industry Analysis - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [1] - The firm emphasizes its professional approach, quality services, and keen market insights to provide comprehensive industry solutions that empower investment decisions [1]

Core Insights - The Great Wall Motor's WEY brand has launched the Gaoshan 7, a plug-in hybrid MPV priced at 255,800 yuan, which the CEO claims surpasses Toyota's Alphard in terms of configuration and luxury at a significantly lower price point [2][3] - The Gaoshan series, including Gaoshan 8 and Gaoshan 9, targets different consumer segments, with Gaoshan 7 aimed at young families, emphasizing flexibility, intelligence, and spaciousness [2][3] - The Gaoshan 7 has achieved significant sales success, topping the domestic MPV sales chart in September with 8,560 units sold, indicating strong market demand [2][4] Product Highlights - The Gaoshan 7 features a powerful intelligent four-wheel drive system with a maximum power of 337 kW, achieving 0-100 km/h in 5.7 seconds, and offers a comprehensive range of 945 km [3] - It boasts a compact turning radius of 5.6 meters, making it one of the most maneuverable MPVs in its price range [3] - The vehicle is equipped with advanced technology, including standard lidar, a Coffee Pilot Ultra driving assistance system, and extensive safety features [3] Market Context - The domestic MPV market has seen a growth of 3.8% year-on-year, with a total of 782,000 units sold from January to September, despite a decline in sales in August and September [4] - The competition in the MPV market is intensifying, with new models from brands like Buick and Xpeng entering the fray, positioning the Gaoshan 7 to compete against mid-to-high-end models [5] - Great Wall Motor is focusing on enhancing the WEY brand's market presence through a dedicated direct sales network, with plans to expand from 430 to 600 stores by the end of the year [5][6] Sales Performance - WEY brand's sales reached 11,000 units in September 2025, marking a 63.23% year-on-year increase, with a cumulative sales figure of 63,600 units from January to September, reflecting a 96.35% growth [6]

Core Insights - Lynk & Co 10EM-P has achieved significant sales success, with over 10,000 units produced within the first month of its launch, indicating strong market demand and consumer recognition of value [1] Group 1: Product Performance - The Lynk & Co 10EM-P has quickly entered the top three in sales for mid-to-large plug-in hybrid sedans, showcasing its competitive positioning in the market [1] - The vehicle is priced starting at 163,800 yuan, which is perceived as a strong value proposition for consumers seeking high-end features at a mainstream price [1] Group 2: Technological Advancements - The 10EM-P features industry-leading EM-P technology, offering an impressive electric range of 240 km (CLTC) and a fuel consumption rate of 4.2L when the battery is depleted, highlighting its efficiency [1] - The vehicle is equipped with advanced features such as a four-wheel drive system, laser radar, and the NVIDIA Thor chip, enhancing its intelligent driving capabilities [1] Group 3: Market Strategy - Lynk & Co is redefining the market by transforming high-end configurations into standard offerings, setting a new value standard for mid-to-large plug-in hybrid sedans [1]

Group 1 - The 3D-printed hypercar Czinger 21C has been launched with a starting price of $1.7 million and a limited production of 80 units [2][3] - The car features an extreme aerodynamic design, with many components including the chassis made using 3D printing technology, making it the world's first 3D-printed hypercar [5] - The interior layout is designed for driving, with the driver's seat positioned centrally and the "co-driver" seat located in the second row [7] Group 2 - The Czinger 21C is powered by a mid-mounted 2.9L twin-turbo V6 engine producing 950 horsepower, combined with an electric system that includes a 2kWh lithium-titanate battery, achieving a total output of 1,350 horsepower [9] - The car can accelerate from 0 to 100 km/h in 1.9 seconds, 0 to 300 km/h in 8.5 seconds, and has a top speed of 405 km/h [9] - Recently, the Czinger 21C completed a 1,600 km cross-state trip in the U.S. in 5 days, setting lap records on five racetracks, including Laguna Seca [11] Group 3 - Dongfeng Nissan has launched the NR15 engine, a dedicated engine for its plug-in hybrid sedan N6, which features a 1.5L engine [12] - The N6 is positioned as a mid-size plug-in hybrid sedan with dimensions of 4831mm in length, 1885mm in width, and 1491mm in height, and a wheelbase of 2815mm [14] - The expected starting price for the N6 is around 70,000 to 80,000 yuan, potentially making it a competitive option in the plug-in hybrid market due to its high cost-performance ratio [17]

Core Viewpoint - The Ministry of Industry and Information Technology has announced the new product listing for the Lantu Zhaiguang L flagship sedan, indicating its entry into the market as a plug-in hybrid vehicle with advanced features [1] Group 1: Vehicle Specifications - The Lantu Zhaiguang L has dimensions of 5125mm in length, 1985mm in width, and a height of 1522/1505mm, with a wheelbase of 3010mm [1] - The vehicle is classified as a plug-in hybrid electric vehicle (PHEV) with a maximum speed of 200 km/h [1] - The engine has a maximum net power of 105 kW, while the peak power of the drive motor is 150/230 kW [1] Group 2: Battery and Features - The sedan is equipped with a ternary lithium-ion battery from Honeycomb Energy [1] - It offers customizable options such as two-tone body colors, gold/silver grilles, C-pillar logos, and rear lettering [1] - The vehicle is reported to feature laser radar and Huawei's latest driver assistance system, along with a new electric architecture and a larger battery pack for improved range, set to be released within the year [1]

Group 1 - In May 2025, the import quantity of plug-in hybrid passenger vehicles in China was 327 units, representing a year-on-year decrease of 48.7%. The import value was $0.55 million, showing a year-on-year increase of 8.3% [1][3][4] - In May 2025, the export quantity of plug-in hybrid passenger vehicles from China reached 99,161 units, marking a year-on-year growth of 130.1%. The export value was $20.17 million, reflecting a year-on-year increase of 105.9% [1][3][4]