Economic Stability - China's GDP is expected to reach approximately 140 trillion yuan, marking a new milestone in economic scale [1][2] - The implementation of proactive macro policies has effectively stabilized employment, businesses, markets, and expectations, ensuring smooth economic operation [2] - Grain production has remained stable at over 1.4 trillion jin for two consecutive years, and energy security has been effectively guaranteed [2] Economic Progress - China has entered the top 10 in the global innovation index for the first time, with the number of strong innovation clusters leading the world for three consecutive years [3] - The value added of high-tech manufacturing is growing significantly faster than overall industrial growth, indicating a shift towards high-end, intelligent, and green development [3] - The consumption market is expanding, with new types of consumption becoming increasingly active, reflecting a deeper and broader market engagement [3] Reform and Opening Up - Continuous reform and opening up have empowered stability and progress, with a focus on building a unified national market and expanding higher-level openness [4] - Recent adjustments by international institutions have raised China's economic growth forecast for 2025, reflecting confidence in China's stable development [4] - The narrative of China's economy in 2025 illustrates resilience and the ability to create certainty amid uncertainty, highlighting the capacity to address challenges and foster new development opportunities [4]

在刚刚过去的2025年，比亚迪不仅以460万辆的年度销量卫冕全球冠军，更在特斯拉曾经绝对垄断的纯电领域，以226万辆对164万辆（预计 值）的压倒性优势实现历史性反超。 | | | 産量 | | 銷量 | | | --- | --- | --- | --- | --- | --- | | 項目類別 | | 本月 去年同期 本年累計 去年累計 累計同比 本月 去年同期 本年累計 素計同比 | | | | | 新能源汽車 | 419.804 | 466,441 4,537,356 4,304,073 | 5.42% 420,398 514,809 | 4,602,436 4,272,145 | 7.73% | | 一乘用車 | 414.553 | 460.719 4.479,392 4.281.084 4.63% 414.784 | | 509,440 4,545,423 4,250,370 | 6.94% | | 一純電動 | 190.724 | 189,759 2,221,913 1,777,965 24.97% | | | 27.86% | | | | - 福電式混合動力 223.829 270.960 2 ...

Core Insights - NIO achieved a record high delivery of 48,135 vehicles in December, totaling 326,028 vehicles for the year, representing a year-on-year growth of 46.9% [1] Group 1: Company Performance - NIO's founder and CEO, Li Bin, praised the company's performance in 2025, highlighting the impact of the new models, the L90 and the all-new ES8, on reshaping the competitive landscape in the electric SUV market [1] - The company plans to continue investing in charging and battery swap infrastructure to enhance the sales and service network for its brands, including NIO, Ladao, and Firefly [1] Group 2: Future Plans - Starting in the second quarter of 2026, NIO will begin large-scale construction of the fifth-generation battery swap stations, with a plan to add 1,000 new stations throughout the year, aiming to exceed 4,600 stations by the end of the year [1] - The company is committed to building a comprehensive battery swap network, with over 100 routes for the "Charging Scenic Line" planned [1]

在多品牌战略的推动下，蔚来、乐道、萤火虫三大品牌持续协同发力，多品牌战略已从布局阶段进入收 获阶段，助力蔚来实现2025年Q4盈利目标。其中全新ES8在2025年12月交付22256台，同时仅用100天时 间，创造了40万元以上车型交付破四万台的最快纪录。 新京报贝壳财经讯 1月2日，据蔚来最新数据，2025年12月蔚来公司交付新车48135台，创历史新高，同 比增长54.6%。蔚来品牌交付31897台；乐道品牌交付新车9154台；firefly萤火虫品牌交付新车7084台。 ...

格隆汇1月2日｜港股市场新能源汽车股集体上涨，其中，理想汽车涨超6%领涨板块，小米、比亚迪股 份涨超2%，吉利汽车、小鹏汽车、零跑汽车涨近2%。 | 代码 | 名称 | | 涨跌幅 √ | 最新价 | 总市值 | | --- | --- | --- | --- | --- | --- | | 02015 | 理想汽车-W | (0) | 6.63% | 69.150 | 1395.89 Z | | 01810 | 小米集团-W | | 2.39% | 40.240 | 1.05万亿 | | 01211 | 比亚迪股份 | 0 | 2.10% | 97.350 | 8875.59亿 | | 00175 | 吉利汽车 | | 1.96% | 18.250 | 1988.86亿 | | 09868 | 小鹏汽车-W | | 1.89% | 80.850 | 1545.55亿 | | 09863 | 零跑汽车 | | 1.85% | 49.520 | 704.08亿 | | 09866 | 蔚来-SW | | 1.46% | 41.560 | 1024.11亿 | | 01114 | BRILLIANCE CHI | ...

| 车企 | 2025年全年(辆) | 同比 | 2024年全年(辆) | | --- | --- | --- | --- | | 比亚迪 | 460. 24万 | 7.73% | 427.21万 | | 吉利汽车 | 302. 46万 | 38. 96% | 217.66万 | | 奇瑞集团 | 280.64万 | 7.80% | 260. 39万 | | 长城汽车 | 132.37万 | 7. 33% | 123.33万 | | 零胞 | 59.66万 | 103. 13% | 29.37万 | | 鸿蒙智行 | 58.91万 | 32. 38% | 44.50万 | | 小鵬 | 42.94万 | 126. 02% | 19万 | | 小米 | 预计超41万 | 预计超203% | 超13.5万 | | 理想 | 40.63万 | -18.82% | 50.05万 | | 长安启源 | 超40万 | 超173% | 14.63万 | | 劇来 | 32.60万 | 46. 90% | 22.2万 | | 奕派科技 | 27.58万 | 28. 30% | 约21.30万 | | 岚图 | 15.02万 ...

2025年已落幕，各大车企陆续披露12月销量成绩单，为全年收官。 从交付表现来看，鸿蒙智行单月交付89611台，零跑交付60423台，小米交付量超5万台紧随其后;蔚来交付48135台创下月度新高，理想、小鹏分别交出 44246辆、37508辆的成绩单;极氪也实现突破，月交付量首次迈过3万台门槛。 车企12月成绩出炉 今日，多家新能源车企相继披露全年及12月交付数据。 鸿蒙智行12月单月交付89611台，连续三个月创月度交付历史新高;全年累计交付589107台，年同比增长32%。 零跑汽车12月全系交付60423台，同比增长42%;全年累计交付596555台，同比增幅达103%。 小米汽车12月交付量超5万台，产品矩阵扩张计划同步曝光。据产业端信息，其2026年拟推出4款新车，包括SU7改款、SU7行政版，以及一款增程五 座SUV和一款增程七座SUV，其中SU7改款与增程七座SUV计划上半年推出，另外两款则安排在下半年至年底亮相。 蔚来12月交付新车48135台，同比增长54.6%，创下月度交付历史新高;全年累计交付326028台，同比增长46.9%，同样刷新年度交付纪录。 理想汽车12月交付44246辆，第四 ...

小鹏汽车2025年交付新车429,445辆，同比增长125.94%。不过，其12月交付37,508辆，四季度交付量仅 116249辆，不及四季度交付指引。 随着销量大幅下滑，理想也掉出造车新势力销量前三，位列第五。前四分别为零跑、鸿蒙智行、极氪、 小鹏。 理想汽车1日公布2025年12月交付数据，12月交付44246辆汽车。第四季度，理想汽车交付109194辆。截 至2025年12月31日，理想汽车历史累计交付量为1540215辆，成为国内首个达成150万辆交付里程碑的新 势力品牌。 理想在2025年卖出了40.63万辆汽车，同比下滑了18.81%，相较于年初的70万辆目标，完成度仅 58.05%。尽管理想此前已经阶段性下调了销量目标指引，但曾经在去年越过50万辆大关的理想，如今 成为新势力车企中唯一销量同比下滑的车企，在"蔚小理"中率先掉队。 零跑汽车2025年12月交付新车60,423辆，同比增长42.11%；全年交付596,555辆，同比增长103.1%，创 新势力年销量新纪录。 小米汽车2025年12月交付量超过5万台，在连续三个月破4万之后，首次破5万。乘联会数据显示，2025 年1~11月，小米汽 ...

格隆汇1月2日｜昨日晚间，蔚来创始人、董事长、CEO李斌发布全员信。早些时候，蔚来公司公布了去 年12月及全年销量，去年12月蔚来公司交付新车48135台，创历史新高，全年共交付新车326028台，创 历史新高，同比增长46.9%。李斌在信中透露，2026年蔚来公司将有三款新车推向市场，他预计新品将 继续提升蔚来在高端大车市场的份额。据此前媒体报道，这三款新车或是蔚来ES9、ES7，以及乐道 L80。 ...

Group 1 - The speech by General Secretary Xi Jinping at the National Committee of the Chinese People's Political Consultative Conference emphasizes the importance of practical work and innovation for future success, encouraging unity and determination among the people [1][2] - The achievements over the past five years under the leadership of the Communist Party have significantly enhanced China's economic, technological, and cultural strengths, marking a solid step towards high-quality development and modernization [2][3] - The support for the private economy has increased, boosting confidence among businesses, particularly in the new energy vehicle sector, highlighting the role of private enterprises in driving innovation and competitiveness [3] Group 2 - The year 2026 marks the beginning of the "14th Five-Year Plan," with a focus on establishing a new development pattern and promoting high-quality growth, as outlined by Xi Jinping [4] - The launch of the Hainan Free Trade Port represents a significant milestone in China's opening-up strategy, aiming to enhance international cooperation and economic development [5] - The emphasis on agricultural modernization and technological innovation is seen as crucial for improving food production and rural vitality, with a call for addressing agricultural challenges [5] Group 3 - The importance of cultural development and the promotion of traditional culture is highlighted as a means to foster national unity and support modernization efforts [7] - Young entrepreneurs in the Guangdong-Hong Kong-Macao Greater Bay Area are encouraged to integrate their aspirations with national development, reflecting the government's focus on youth engagement in economic growth [7]