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]

Group 1 - Gestala, China's first ultrasound brain-computer interface company, was officially established, focusing on innovative technology for brain signal reading and analysis [3] - Ideal Auto delivered 44,246 vehicles in December 2025, with a total of 1,540,215 vehicles delivered since inception [4] - NIO delivered 48,135 vehicles in December 2025, a year-on-year increase of 54.6%, with total deliveries for the year reaching 326,028 vehicles, up 46.9% [4] Group 2 - Xpeng Motors delivered 37,508 vehicles in December 2025, a 2% year-on-year increase, with total deliveries for the year at 429,445 vehicles, up 126% [4] - Zeekr delivered 30,267 vehicles in December 2025, a historical high, with total annual deliveries of 224,133 vehicles [5] - Leap Motor achieved 60,423 vehicle deliveries in December 2025, a 42% year-on-year increase, with total annual deliveries of 596,555 vehicles, up 103% [5] Group 3 - DeepSeek published a new paper introducing a new architecture called mHC, aimed at addressing instability in large-scale model training while maintaining performance gains [4] - Anker Innovation responded to rumors of a 30% layoff, stating that the adjustments were part of a normal personnel restructuring for strategic upgrades [9] - Neuralink plans to start mass production of brain-computer interface devices in 2026, transitioning to a streamlined, nearly fully automated surgical process [10][12] Group 4 - The Chinese film box office for 2025 reached 51.832 billion yuan, a year-on-year increase of 21.95%, with domestic films accounting for 79.67% of the total [27] - The box office for the 2026 New Year's Day period surpassed 300 million yuan, with "Zootopia 2," "Avatar 3," and "Killing" leading the box office [29] - ListenHub's parent company MarsWave completed a $2 million funding round, with an annual recurring revenue (ARR) exceeding $3 million [23]

车企月度竞争仍是"你追我赶"的态势。2025年12月，蔚来、小米等车企的交付量（销量）均创新高，而在此前多个月份是零跑等车企遥遥 领先。 多家车企人士向记者表示，基于年底车企冲刺销量的需求，以及2026年新能源汽车购置税减半等政策变化，大部分车企在2025年12月的 销量会比较高。 对比全年交付量（销量），更能凸显汽车市场竞争的激烈。比亚迪、理想作为2024年的"大赢家"，2025年的增长势头落后于吉利汽车、 零跑、小米等车企。 【 导读 】 多家车企冲上微博科技热搜，超额完成年度目标成关键词 中国基金报记者 邱德坤 2026年1月1日，微博科技热搜一度被车企霸榜，主要与车企交付量（销量）有关。 多家车企掌门人在受访时表示，汽车行业就像是一场没有尽头的马拉松，一时的领先很正常，困难的是持续能赢，或者退一步后要一直能 在"牌桌"上。 | 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 | ...

2026年1月1日，中国新能源汽车主要上市公司纷纷发布2025年12月以及全年汽车销量数据。新能源汽车新年首份"成绩单"显示，在造车新势力中，零跑汽 车、小鹏汽车实现了2025年全年新能源汽车交付量翻倍增长；作为新能源汽车行业龙头的比亚迪全年累计新车销量超过460万辆，同比增长7.73%；小米 集团全年新车交付量超过35万辆；和华为合作的赛力斯全年新车交付超过42万辆。 2025年12月30日，国家发展改革委、财政部印发《关于2026年实施大规模设备更新和消费品以旧换新政策的通知》（简称"通知"）。相较2025年的"两新 政策"，2026年的新政策对于补贴标准有进一步优化——补贴方式从定额改为按车价比例，上限维持不变。中国汽车流通协会乘用车市场信息联席分会 （简称"乘联会"）秘书长崔东树对上海证券报记者表示，乘联会对2026年中国车市将实现"开门红"的判断不变。 2025年12月18日，比亚迪宣布，比亚迪第1500万辆新能源汽车下线。 2025年12月28日，零跑科技董事长朱江明，零跑2026年将向年销100万辆发起全面挑战。 零跑汽车领跑造车新势力 理想汽车累计交付超过150万辆 1月1日，零跑汽车介绍，2 ...

Core Insights - The new energy vehicle market in 2025 saw significant growth, with Leap Motor leading in sales, delivering nearly 600,000 units, while other brands faced challenges in meeting their annual targets [1][2][11] Sales Performance - Leap Motor achieved the highest sales with 596,555 units, followed by Lantu with 150,169 units, and Zhiji with 81,017 units [2] - The top-performing brands forming a leading group with annual sales exceeding 400,000 units include Leap Motor, Hongmeng Zhixing, Xiaopeng, Seres, Xiaomi, and Li Auto [2] Monthly Performance - In December 2025, over 60% of new energy vehicle brands set monthly delivery records, indicating a strong end-of-year performance [3] - Hongmeng Zhixing topped the December delivery chart with 89,611 units, marking three consecutive months of record deliveries [4] - Leap Motor delivered 60,423 units in December, maintaining a strong performance above 60,000 units [5] - Xiaomi's monthly deliveries surpassed 50,000 units, showing a significant increase compared to its average monthly performance [6] Target Achievement - Brands that exceeded their sales targets include: - Leap Motor: Target of 500,000 units, actual sales of 596,555 units, achieving 119.32% of the target [7] - Xiaopeng: Target of 350,000 units, actual sales of 429,445 units, achieving 122.69% of the target [7] - Xiaomi: Target of 350,000 units, actual sales over 410,000 units, achieving approximately 117.14% of the target [7] - Brands facing pressure in meeting their targets include: - NIO: Target of 440,000 units, actual sales of 326,028 units, achieving 74.09% of the target [8] - Li Auto: Adjusted target of 640,000 units, actual sales of approximately 406,315 units, achieving about 63.48% of the target [8] Policy Outlook - The automotive industry is expected to benefit from supportive policies in 2026, including continued subsidies for trade-ins and reduced vehicle purchase taxes for new energy vehicles [9][10] - These policies aim to stabilize market expectations and encourage consumer purchases, laying a foundation for steady growth in the automotive market in 2026 [10] Market Trends - The competitive landscape among new energy vehicle brands is becoming clearer, with significant growth in sales and a potential for further differentiation among brands in 2026 [11]

客户端 蔚来-SW（09866）发布公告，公司于2025年12月交付4.81万辆汽车，创下月度新高，同比增长54.6%。 有关交付包括公司旗下蔚来品牌的高端智能电动汽车3.19万辆，公司旗下乐道品牌的家庭智能电动汽车 9154辆，以及公司旗下萤火虫品牌的智能电动高端小车7084辆。公司于2025年第四季度交付12.48万辆 汽车，创下季度新高，同比增长71.7%。于2025年全年，总交付量达到32.6万辆汽车，同比增长46.9%。 截至2025年12月31日，公司累计汽车交付量达99.76万辆。 2025年12月，该公司的全场景科技旗舰SUV，蔚来全新ES8累计交付量突破4万辆，创下中国人民币40 万元以上纯电汽车的最快交付纪录。凭借行业领先的智能电动汽车技术，以及可充、可换、可升级的全 场景补能网络的支持，全新ES8巩固了其在大三排SUV细分市场的领先地位，充分展现出卓越的产品竞 争力及广泛的用户认可。 责任编辑：卢昱君 蔚来-SW（09866）发布公告，公司于2025年12月交付4.81万辆汽车，创下月度新高，同比增长54.6%。 有关交付包括公司旗下蔚来品牌的高端智能电动汽车3.19万辆，公司旗下乐道品 ...

2025年，造车新势力们交上了一份亮眼的答卷。 2026年1月1日，理想汽车、蔚来、零跑等11家造车新势力车企披露2025年12月及全年交付数据。 全年来看，零跑汽车以596555辆登顶新势力车企年度销量冠军，鸿蒙智行589107辆紧随其后，小鹏汽车 429445辆位列第三，赛力斯（超42万辆）、小米汽车（超41万辆）、理想汽车（约406315辆）、蔚来 （326028辆）、极氪（224133辆）、岚图汽车（150169辆）、智己汽车（81017辆）、广汽埃安昊铂BU （12月销量40066辆，全年数据未完整披露）依次跻身榜单。 从交付表现来看，年末冲刺阶段多家品牌创下月度纪录，全年新能源赛道延续高增长态势，头部阵营格 局明晰，高端化成果进一步凸显。 12月鸿蒙智行破8.9万居首 超六成品牌创月度纪录 作为汽车行业年末冲量的惯例，2025年12月造车新势力交付量迎来集中爆发，超六成品牌创月度交付纪 录，为全年销量画上圆满句号。 从单月数据看，鸿蒙智行以89611辆成为12月交付冠军，连续三个月创下历史新高，较2024年12月的 49474辆增长81%，华为生态赋能下的市场认可度持续攀升。 零跑汽车紧随其后，1 ...

Group 1 - The "Reading City" subway special train in Lishui, Nanjing, officially launched on January 1, 2026, themed "A Thousand Miles Around the City, Three Thousand Years of Reading the City" [1] - The special train operates on Nanjing Metro Line 1, integrating historical culture, natural landscapes, and modern industries, showcasing 23 core landmarks in the area [1][8] - The train serves as a "mobile cultural museum," transforming the subway line into a panoramic display of Lishui's charm [1] Group 2 - The special train highlights significant cultural symbols, including the provincial-level cultural heritage site Yongshou Temple Tower and the historical village of Zhujia, as well as natural attractions like Shijiu Lake and Wuxiang Mountain National Forest Park [8] - It also focuses on modern development, introducing the new energy vehicle industry, which is projected to produce 124,000 units in 2024 and exceed 65 billion yuan in output value by 2025 [8] - The initiative aims to innovate urban cultural communication and promote deep integration of culture and tourism, allowing citizens and visitors to experience Lishui's historical depth and ecological beauty during their daily commutes [8]

今日关注 1、交通运输部：2026年1月1日全社会跨区域人员流动量20813万人次，环比增长0.2%，同比增长21%。 其中：铁路客运量1825万人次，公路人员流动量18726万人次，水路客运量67万人次，民航客运量195万 人次。 2、全国数据工作会议2025年12月29日至30日在京召开。会议要求提到，着力推进数据科技创新和产业 创新深度融合，推动数据科技创新，加快数据产业发展，梯次培育数字产业集群。加力推进数据基础设 施建设和运营，推动数据基础设施规模化部署、系统化应用、一体化发展，持续推进数据基础设施建 设。 宏观经济 1、商务部：2025年，以旧换新相关商品销售额超2.6万亿元，惠及超3.6亿人次。其中，汽车以旧换新超 1150万辆，家电以旧换新超1.29亿件，手机等数码产品购新超9100万部，家装厨卫"焕新"超1.2亿件，电 动自行车以旧换新超1250万辆。 2、2026年1月1日，国家电影局发布2025年全年电影票房统计数据：2025年全国电影票房达518.32亿 元，总观影人次达12.38亿，对比2024年均有超20%的涨幅；国产电影票房412.93亿元，占比为79.67%， 略高于2024年 ...