Core Viewpoint - NIO Group reported record vehicle deliveries for December 2025, with a total of 48,135 vehicles delivered, marking a year-on-year increase of 54.6% [1] Delivery Updates - In December 2025, NIO delivered 48,135 vehicles, including 31,897 from the NIO brand, 9,154 from the Lada brand, and 7,084 from the Firefly brand [1] - For Q4 2025, NIO delivered 124,807 vehicles, achieving a quarterly record with a year-on-year growth of 71.7% [1] - The total vehicle deliveries for the year 2025 reached 326,028, representing a year-on-year increase of 46.9% [1] - As of December 31, 2025, NIO's cumulative vehicle deliveries reached 997,592 [1] Product Highlights - NIO's flagship SUV, the new ES8, surpassed 40,000 cumulative deliveries in December 2025, setting a record for the fastest delivery of pure electric vehicles priced above 400,000 RMB in China [1] - The new ES8's success is attributed to its industry-leading smart electric vehicle technology and a comprehensive energy replenishment network that is chargeable, swappable, and upgradeable [1]

Core Insights - BYD's sales growth experienced a significant slowdown in 2025 due to increased competition in the domestic market, yet the company is projected to surpass Tesla as the largest electric vehicle manufacturer globally [1] Company Summary - BYD is anticipated to become the world's leading electric vehicle company, indicating strong market positioning despite recent challenges [1] Industry Summary - The electric vehicle market is facing intensified competition, particularly in China, which is impacting sales growth for major players like BYD [1]

European stocks are seen opening mixed on the first trading day of 2026 on Friday, following the New Year's Day holiday.U.S. equity futures ticked higher after the major indexes fell for a fourth straight session on Wednesday to wrap up 2025. But full-year performance was robust, with the tech-heavy Nasdaq Composite rallying by 20.4 percent for the year, the S&P 500 surging by 16.4 percent and the Dow adding 13.0 percent amid the euphoria around AI-linked stocks.Closer home, the Stoxx 600 index soared 17 p ...

Market Overview - U.S. stocks experienced small gains on the first trading day of 2026, with the S&P 500 rising 12.97 points, or 0.2%, to 6,858.47, following a gain of over 16% in 2025 [1] - The Dow Jones Industrial Average increased by 319.10 points, or 0.7%, to 48,382.39, while the Nasdaq composite fell 6.36 points, or less than 0.1%, to 23,235.63, impacted by losses in Microsoft and Tesla [2] Technology Sector - The technology sector, particularly companies focused on artificial intelligence, was a significant driver of market activity, continuing the trend that led to record highs in 2025 [2][4] - Nvidia saw a 1.3% increase, contributing positively to the market, while Microsoft experienced a 2.2% decline, and Tesla dropped 2.6% due to falling sales for the second consecutive year [3] Company Developments - Alibaba's stock rose by 4.3%, and Baidu's stock jumped 9.4% in Hong Kong after announcing plans to spin off its AI computer chip unit Kunlunxin, with a potential listing in Hong Kong in early 2027, pending regulatory approvals [5] - Furniture companies gained following President Trump's decision to delay increased tariffs on upholstered furniture, with RH rising 8% and Wayfair increasing by 6.1% [4] Commodity Prices - Crude oil prices remained stable, with U.S. crude oil prices falling 0.2% to $57.32 per barrel and Brent crude also decreasing by 0.2% to $60.75 per barrel [5]

Group 1 - In 2025, the domestic automotive market is highly competitive, with BYD leading in sales at 4,602,436 units, marking a year-on-year increase of 7.73% [1][2] - BYD's overseas sales surpassed 1 million units for the first time, showing a significant growth of 145% [2] - China FAW achieved sales of 3,301,963 units, a 3.2% increase, with notable growth in its Hongqi brand, which sold over 460,000 units, up 11.7% [2] Group 2 - Geely Auto reported sales of 3,024,567 units, a 39% increase, exceeding its annual target of 3 million units [2] - Chery Group's sales reached 2,631,381 units, an 8% increase, with its Jetour brand growing by 10% [2] - Great Wall Motors sold 1,323,672 units, with its WEY brand experiencing a remarkable growth of 86.29% [3] Group 3 - Li Auto's sales were 406,343 units, reflecting a decline of 18.8%, while NIO reported 326,028 units, a growth of 46.9% [3] - Xpeng Motors achieved sales of 429,445 units, a significant increase of 126%, with overseas deliveries reaching 45,008 units, up 96% [3] - The overall performance of new energy vehicles is strong, with several brands, including SAIC-GM Wuling, surpassing 1 million units in annual sales [2][3]

Core Viewpoint - The article discusses a customer complaint regarding a Tesla Model Y purchase, highlighting issues related to communication and order processing by Tesla's sales staff, as well as the recent upgrades to Tesla's vehicle models [1][4]. Group 1: Customer Complaint - A customer, Ms. Song, ordered a Tesla Model Y Long Range All-Wheel Drive, only to discover that the vehicle was manufactured in June 2025, while an upgraded version was available in July 2025 with improved battery range at the same price [1]. - Ms. Song refused to accept the vehicle, claiming that the sales staff did not inform her about the vehicle's production date and requested a refund of her deposit along with compensation for her travel and accommodation expenses totaling 5,000 yuan [1]. - Tesla responded by stating that the customer voluntarily changed her order to a vehicle that was already manufactured, and acknowledged that the sales staff did not follow the standard confirmation process, leading to internal disciplinary actions and a commitment to improve compliance training [1]. Group 2: Vehicle Upgrades - In July 2023, Tesla upgraded the Model 3 Long Range and the refreshed Model Y Long Range, with the Model 3's price increasing to 285,500 yuan while the Model Y's price remained at 313,500 yuan [4]. - The refreshed Model Y Long Range's battery range increased from 719 km to 750 km, while the Model 3 Long Range's range improved from 713 km to 753 km, both without a price increase [4]. - The refreshed Model Y features a new design inspired by the Cybertruck and includes enhancements such as a new front fascia, redesigned headlights, and a unique rear diffuser [4][5]. Group 3: New Features and Specifications - The dimensions of the refreshed Model Y are 4,797 mm in length, 2,129 mm in width, and 1,624 mm in height, with additional features like ambient lighting, ventilated front seats, and an extended rear seat [5]. - The vehicle is equipped with 16 speakers, standard remote safety airbags, AI hardware, and eight cameras for enhanced safety and functionality [5].

人民财讯1月2日电，据上汽奥迪消息，上汽奥迪2025年全年零售达47258台，同比增长23%，实现年度 销量三连涨。 ...

The On the 30-stock Sensex, shares of Auto stocks outperformed, with the sector index rising 0.8%, buoyed by gains of about 2% in slid 5%, extending a steep selloff after a 10% drop in the previous session, as a string of brokerage downgrades flagged pressure on earnings from the government’s cigarette tax increase. The decline in ITC weighed on the fast-moving consumer goods index, which fell 1.4%.Live EventsBroader market sentiment was mildly positive, with small-cap stocks up 0.2% and mid-cap shares ad ...

Core Viewpoint - Xiaomi has made adjustments to the configuration of its YU7 model to optimize production processes and improve delivery efficiency [1][3] Group 1: Configuration Adjustments - The adjustments to the YU7 model's optional features may cause inconvenience to some users, for which the company expresses its apologies [3] - Xiaomi assures that all delivered and pre-ordered vehicles will continue to receive after-sales service and spare parts supply, regardless of any configuration changes [3] Group 2: Production and Delivery - The company is committed to exploring production capacity potential to ensure timely delivery for all customers [3]

Core Viewpoint - The new policy in Shanghai encourages the purchase and use of new energy vehicles (NEVs) by providing free special license quotas for consumers buying NEVs for non-commercial use, effective from January 1, 2026, to December 31, 2026 [1] Group 1 - The implementation of the policy is aimed at promoting the adoption of NEVs in Shanghai [1] - The policy will be in effect for one year, from January 1, 2026, to December 31, 2026 [1] - The issuance of special license quotas will be based on the principle of controlling the total number of non-commercial passenger vehicles [1]