撰文 / 丁晶晶 编辑 / 黄大路 设计 / 夏 萌 雷诺中国董事长、首席执行官苏伟铭、奇瑞副总裁兼采购执行总监王厅、上汽国际总经理崔卫国、莲花集团CEO冯擎峰、博世中国总裁徐大全、普华永 道中国汽车行业主管合伙人金军 道中国汽车行业主管合伙人金军…… 2025年8月16日和17日这两天，这一串名单上的行业领军者，先后出现在了以成就新汽车人为使命的轩辕同学铃轩5期第四模块课程上。 此次课程在江苏常州坤泰车辆（系统）股份有限公司举办。两天时间里，四位企业一把手、一位世界500强的采购副总裁、一位行业专家作为导师， 以"转型升级与全球化发展"为核心主题，共同探讨突破汽车产业转型和全球化的路径。 当"不出海就出局"成为行业共识，中国汽车产业的全球化已不再是选择题，而是一道必答题。 金军指出，当前海外市场对技术的需求与国内"内卷"模式不同，中国不断卷速度卷迭代的模式在海外并不适用。 当然，在导师精彩分享之外，"铃轩私董会"上，坤泰车辆、东风零部件以及上海仪达空调三家企业的学员进行了深入交流。 此外，利用晚上空闲时间，轩辕同学现场观看了苏超常州对阵镇江队的精彩对决，并与理想供应链队进行了一场精彩的足球友谊赛。 这就是轩 ...

Group 1 - The core viewpoint of the articles highlights the growth and globalization of China's automotive industry, particularly in the context of new energy vehicles and smart technology [1] - The China Automotive Industry is accelerating its globalization, with opportunities and challenges coexisting, as stated by the chairman of Changan Automobile [1] - The share of domestic brands in the passenger car market is expected to exceed 70% by 2025, driven by the acceleration of intelligence and globalization [1] Group 2 - BYD remains the market leader, while brands like Geely and Chery are experiencing double-digit sales growth [1] - New energy vehicles from Huawei and Xiaomi are gaining traction in the high-end market, capturing market share from traditional luxury brands [1] - The year 2025 is anticipated to be a pivotal year for intelligent driving, with high-level intelligent driving features becoming more common in vehicles priced around 200,000 yuan [1] Group 3 - The CSI 500 Quality Growth Index has seen a slight increase of 0.15%, with notable stock performances from companies like Xinquan Co., Ltd. and Keda Li [1] - The top ten weighted stocks in the CSI 500 Quality Growth Index account for 21.48% of the index, with companies like Dongwu Securities and Huagong Technology leading the list [2]

上市首日，奇瑞汽车开盘后即呈现高开态势，开盘价34.2港元/股，较发行价上涨11.22% ，市场反应热烈。作为2025年迄今为止港股市场规模最大的 车企IPO，奇瑞此次全球发售2.97亿股H股，募集资金总额约91.45亿港元，吸引了包括高瓴旗下HHLR、景林资产、大家人寿、国轩香港等13家知名基石 投资者。这不仅是一场资本市场的盛宴，更是中国自主品牌车企以"全球前二十大乘用车公司"的身份，首次以如此规模登陆国际资本市场的重要时刻。 从安徽芜湖起步，到如今站上港交所的国际舞台，奇瑞用了28年时间完成这一跨越。其发展路径，不仅是一家企业的成长史，更是中国汽车工业从无 到有、从弱到强、从本土走向全球的缩影。在这个全球汽车产业经历百年未有之大变局的时代，奇瑞的上市具有超越企业个体层面的深远意义，它代表着 中国制造业在全球价值链中位置的重新定义。 从"小草房"到港交所 9月25日上午9时30分，香港联合交易所交易大厅内，随着一声清脆的锣声响起，奇瑞汽车股份有限公司（股票代码：9973.HK）正式挂牌上市。这既 是奇瑞汽车的荣耀时刻，也是中国汽车自主品牌发展史上的一个里程碑事件。 奇瑞汽车的故事始于1997年，在安徽芜湖 ...

在奇瑞最为突出的全球化优势方面，自2003年起，奇瑞汽车连续22年位居中国自主品牌乘用车公司出口 量第一。2024年，奇瑞在欧洲、南美和中东及北非地区销量位列中国自主品牌乘用车第一，在北美及亚 洲（中国除外）销量位列中国自主品牌乘用车公司第二。 9月25日上午，奇瑞汽车股份有限公司（股票代码：9973.HK）在香港联合交易所主板正式挂牌上市， 成为2025年迄今港股规模最大的车企IPO，这家从芜湖"小草房"起家的中国汽车制造商终于登上了国际 资本市场的舞台。 奇瑞汽车股票发行价格为30.75港元/股，募集资金总额约91.45亿港元。此次引入了13家基石投资者，包 括高瓴旗下HHLR、景林资产、大家人寿、国轩香港等知名机构，以及国资企业和上下游产业链公司 等，显示出各方资本对公司未来发展的信心。 上市首日，奇瑞汽车开盘后即呈现高开态势，开盘价34.2港元/股，较发行价上涨11.22%，市值也一度 逼近2000亿港元。截至当日收盘，股价报31.92港元/股，较招股价高3.8%，市值达1841亿港元。 谋于陋室，成于荒滩。1997年，奇瑞的创业者们怀着产业报国的热情，在位于芜湖市长江岸边的一片荒 滩上，开启"造中国 ...

中国汽车出海是大势所趋，而在出海过程中，有哪些注意事项？近日，在2025中国汽车产业发展（泰达）国际论坛上，多位行业专家及企业高管提及出海相 关话题，建议企业要以共赢、双赢的方式"走出去"。 （中国汽车动力电池产业创新联盟理事长董扬） 江汽集团国际事业部经营管理部副部长陈伟也提到，中国品牌"内卷外挂"影响了可持续出海，一方面这种激烈的内部竞争会持续传导至供应链端，可能会影 响到零部件质量的稳定性和可靠供应，同时也会损害整体产业生态的健康度。另一方面，过多依赖价格的竞争也会容易引起海外消费者对中国品牌信任度的 下降，不利于在国际市场建立长期高质量与可信赖的品牌形象。 中国汽车动力电池产业创新联盟理事长董扬称，中国汽车企业出海时，一是要控制出口速度，"走慢一点，不要对当地造成巨大冲击"；二是要给当地解决就 业问题，贡献税收；三是需要政府发挥管理作用，多方综合治理，包括国内反内卷，建议多部门协同。 长城汽车股份有限公司 CTO 吴会肖则指出，汽车产业天生具备全球化基因，"十五五" 是中国汽车品牌成为世界品牌的关键期，全球化需从单一的产品出 口，升级为技术、品牌、制造、供应链与文化价值的生态出海，需适配不同市场的法规 ...

Core Viewpoint - The inauguration of Great Wall Motors' factory in Brazil marks a significant step in the company's globalization strategy and highlights the integration of the Chinese automotive industry into the Latin American market [1][2][3] Group 1: Factory Inauguration and Production Capacity - Great Wall Motors' factory in Brazil, previously a Daimler Group facility, has been transformed into an intelligent production base and is the company's third major manufacturing center overseas [1][3] - The factory has an initial production capacity of 20,000 vehicles per year, which is expected to increase to 50,000 vehicles [3] - The first model produced, the Haval H6GT, was signed by Brazilian President Lula, symbolizing its readiness for market entry [1][2] Group 2: Economic and Employment Impact - The establishment of the factory is anticipated to create over 1,000 direct jobs and enhance local employment opportunities [3][4] - President Lula emphasized that the factory will enable Brazil to produce competitive vehicles with advanced technology, contributing to the country's industrial development [2] Group 3: Market Performance and Future Plans - Since entering the Brazilian market in 2021, Great Wall Motors has achieved annual sales of 29,000 vehicles, ranking 14th in the market [3] - In the first half of this year, sales reached 15,700 vehicles, reflecting a year-on-year growth of 19.8%, surpassing the industry growth rate of 17% [3] - The company plans to continue increasing investments in Brazil, focusing on technology leadership and research and development [4]

Core Insights - The entry of Chinese electric vehicle brands into the Hong Kong market signifies a strategic move towards global expansion, with BYD leading the sales in the region [1][22] - The rapid growth of the electric vehicle market in Hong Kong is reshaping the competitive landscape, with local consumers increasingly favoring Chinese brands over traditional foreign luxury brands [1][12] Market Dynamics - In the first half of 2023, BYD sold 4,909 vehicles in Hong Kong, surpassing Tesla, which has long dominated the market [1][10] - Chinese brands now occupy five of the top ten spots in Hong Kong's vehicle sales, collectively holding over one-third of the market share [1][12] - The total number of new energy vehicle models available in Hong Kong has increased from 40 in 2022 to 78 by 2025, indicating a significant expansion in product offerings [9] Consumer Behavior - Consumers in Hong Kong prioritize brand technology and experience when purchasing vehicles, with cost and convenience of charging being secondary considerations [4][6] - The high cost of gasoline in Hong Kong makes electric vehicles financially attractive, with potential savings of HKD 40,000 to 50,000 annually on energy costs compared to traditional fuel vehicles [5][6] Infrastructure Challenges - The uneven distribution of charging stations and the difficulty of installing new ones in residential areas remain significant challenges for the growth of electric vehicles in Hong Kong [13] - The Hong Kong government plans to install 200,000 charging parking spaces by 2027 and 3,000 fast chargers by 2030 to address these issues [13] Policy and Market Trends - Recent adjustments to subsidies for electric vehicles have led to a decline in sales, with a notable drop in new registrations for electric vehicles in 2025 compared to the previous year [14] - The Hong Kong market is viewed as a critical hub for Chinese automakers to connect with global investors and showcase their products, enhancing their international presence [16][18] Strategic Importance - Hong Kong's status as a global financial center and its competitive advantages in technology and talent make it an attractive location for Chinese car manufacturers to establish a presence [17][18] - The evolving market dynamics indicate that Chinese brands are no longer just participants but are becoming key players in transforming the automotive landscape in Hong Kong [22]

Core Insights - The Chinese automotive industry is accelerating its transformation and upgrading, leading the global growth in new energy vehicle production and sales [1][2] - Chinese automotive companies are expanding internationally, moving beyond simple product trade to reshape the global industry landscape [1][3] Industry Performance - China's automotive market has shown a positive development trend, with new energy vehicles (NEVs) driving industry transformation [2] - The production and sales scale of automobiles in China has exceeded 30 million units for two consecutive years, with NEV production and sales surpassing 10 million units [2] - NEVs now account for 10% of total vehicle ownership, with projected sales of 16 million units for the year, potentially exceeding 50% of new car sales [2] - In the first half of the year, China's automobile exports reached 3.083 million units, a year-on-year increase of 10.4%, with NEV exports at 1.06 million units, up 75.2% [2] Global Expansion Strategy - Chinese automotive brands are rapidly entering international markets, becoming new choices for global consumers [2] - Changan Automobile aims to invest over $10 billion in overseas markets by 2030, targeting annual sales of 1.5 million units abroad [3] Challenges and Adaptation - The globalization of the Chinese automotive industry faces challenges such as complex international trade environments, product homogenization, and cultural adaptation [3][4] - Key areas for improvement include local integration, risk management, and building resilient ecosystems through collaboration across the supply chain [4] - Quality management is critical, with challenges in vehicle data transmission and the need for robust cybersecurity measures [4]

Core Insights - The strategic partnership between New Ji'ao Group and STELLANTIS marks a significant breakthrough in the global automotive industry, particularly in introducing the Fiat Ducato chassis to the Chinese market, thus initiating a new era for RVs in China [1][3][5] Group 1: Partnership Significance - The collaboration breaks the long-standing reliance on a few imported chassis in the domestic RV market, allowing for diversified product development [3] - The Fiat Ducato chassis, which holds over 60% market share in Europe, is recognized for its lightweight design, superior safety features, and strong performance, establishing it as an industry benchmark [3][5] Group 2: Strategic Collaboration - The partnership is based on mutual trust and complementary strengths, with New Ji'ao Group bringing extensive industry experience and innovation, while STELLANTIS offers a global industrial network and market resources [5] - The collaboration will focus on product development, market expansion, and supply chain coordination, aiming to explore new pathways for globalization in the automotive industry [5] Group 3: Market Impact - New Ji'ao Group will lead the mass production of RV models based on the Ducato chassis, enhancing its core competitiveness in the RV manufacturing sector and increasing China's influence in the international RV market [5] - The introduction of European top-tier chassis technology into Chinese manufacturing is expected to accelerate New Ji'ao's global expansion and facilitate a strategic transition from technology importation to innovation [5][7] Group 4: Industry Implications - New Ji'ao Group's successful partnership with a global automotive giant contributes to the construction of a "dual circulation" development model, actively engaging in global automotive competition and collaboration [7] - The experience gained from this strategic cooperation serves as a valuable reference for the transformation and upgrading of the domestic high-end equipment manufacturing industry, guiding the sector towards higher quality and standards [7]

Group 1 - The 2025 International Automotive and Supply Chain Expo in Hong Kong focuses on creating a broader platform for the automotive industry, supply chain layout communication, and financial services, showcasing technological breakthroughs in the global automotive industry to promote high-quality sustainable development [2][5] - Hong Kong's Chief Executive, John Lee, emphasized the region's role in supporting the high-quality development of the automotive industry, leveraging its international capital market and professional services to assist domestic new energy vehicle companies in financing and overseas promotion [2] - The event is noted for having the highest participation of mainland automotive enterprises in an overseas auto show, with a larger scale and richer content compared to previous editions, attracting significant attention [2][5] Group 2 - The Hong Kong Chinese Manufacturers' Association President, Lu Jinrong, highlighted the trend of Chinese automotive and supply chain brands actively expanding into international markets, with the expo being held in Hong Kong to leverage the city's unique advantages [3] - The expo features seven core exhibition areas, including global automotive, supply chain, low-altitude economy, and innovation technology from both Hong Kong and mainland China, organized by various associations [5] - The event includes participation from 11 mainland vehicle manufacturers and nearly 40 mainland automotive supply chain and technology companies, marking the highest number of Chinese automotive enterprises at an international auto show [5]