自2021年底品牌发布至今近5年，AITO问界跨过了百万辆门槛。但它从首款车交付到实现这一目标，实际仅用了46个月，比此 前速度最快的新势力理想汽车（58个月）少用了一年。 "每卖出10台50万元以上新能源车，就有7台是问界M9。"华为常务董事、产品投资评审委员会主任、终端BG董事长余承东说。 这辆在现场作为里程碑下线的问界M9，也同步达成了其单一车型的第27万辆交付。 问界的销量增长呈现明显加速趋势，并在2023年下半年后开始集中释放。2023年5月，问界完成第10万辆整车下线，2024年7月 累计交付达到40万辆，此后仅用18个月便实现从40万到100万辆的跨越。 目前问界已构建起覆盖多细分市场的SUV产品体系，包括M9、M8、M7和M5等多款车型。这些产品覆盖20万-60万元价格带。 "五年跨界融合让赛力斯与华为合作越来越紧密，未来还将带来更大的惊喜。"余承东将这一现象总结为 "问界系列出一款爆一 款"。 张兴海则在现场承诺："要深化与华为的深度合作，并且将更加紧密。" 在华为鸿蒙智行体系内，问界占据着核心支柱地位。鸿蒙智行发布的数据显示，2025年全年鸿蒙智行累计交付58.9万辆，同比增 长32%；其 ...

凤凰网科技讯1月13日，AITO问界品牌在赛力斯（601127）超级工厂举行第100万辆整车下线活动，本 次下线的车型为问界M9，该车型同日达成第27万辆交付。作为由赛力斯与华为跨界融合打造的汽车品 牌，问界从首辆车下线至突破百万辆累计用时46个月。 目前问界旗下产品覆盖20万至60万元价格区间，包含M5、M7、M8、M9等系列。品牌方面公布的数据 显示，问界车型辅助驾驶系统累计行驶里程已超50亿公里，主动避免潜在碰撞超过260万次。在服务体 系上，问界在全国已布局近400家服务门店。 余承东表示，双方合作"未来还将带来更大的惊喜"。根据规划，问界将在实现首个百万辆的基础上，力 争两年内达成第二个百万辆目标，并继续拓展海外市场。 赛力斯集团董事长张兴海在活动中表示，百万辆里程碑是跨界融合模式的实践成果。华为常务董事、终 端BG董事长余承东透露，问界M9已累计21个月位居50万元以上价位段销量榜首，问界M8连续6个月位 居40万元级车型销量第一，问界M7累计交付量已超过40万台。 ...

Core Insights - The recent IPO of Seres (09927) marks the largest IPO of a Chinese car company in history and the largest global car company IPO of the year, despite facing a market pullback shortly after listing [1][2] - Seres is a leading luxury electric vehicle manufacturer, with its Aito brand ranking among the top three in the new energy vehicle sector, showcasing strong sales performance [1][2] - The company has a robust growth trajectory, with a projected compound annual growth rate (CAGR) of 123.46% in sales from 2022 to 2024, and a revenue CAGR of 106.42% [1][3] Company Performance - The Aito brand's models, including M5, M7, M8, and M9, have achieved significant sales, with the M8 model delivering over 100,000 units within five months of launch and maintaining monthly sales above 20,000 units [1][2] - For the first three quarters of 2025, Seres reported a revenue of 110.53 billion yuan and a net profit of 5.31 billion yuan, reflecting a year-on-year growth of 31.56% [1][3] Strategic Partnerships - The success of Seres is attributed to strategic decisions made by Chairman Zhang Xinghai, including a partnership with Huawei that has enabled the company to leverage advanced technology in the high-end electric vehicle market [2][3] - The collaboration with Huawei has established a new business model that serves as a benchmark for the industry, enhancing Seres' competitive edge through self-research and development [2][3] Market Expansion - Seres is committed to an aggressive international expansion strategy, targeting high growth in the global electric vehicle market, with significant penetration expected in China, Europe, and North America by 2030 [3][4] - The company's recent H-share listing has attracted various institutional investors, enhancing its capital base and supporting its global expansion efforts [3][4] Investment Outlook - Despite short-term market fluctuations, Seres is positioned as a long-term investment opportunity due to its strong market position and growth potential in the high-end electric vehicle sector [4]