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乘用车全球化策略:从全面扩张走向分市场、分主体的结构性出海
Soochow Securities· 2026-01-08 09:35
Group 1: Global Market and New Energy Penetration Forecast - The overall global passenger car sales are projected to reach 9,015 million units by 2026, with a growth rate of 1.7% year-on-year [16] - In Europe, the new energy penetration rate is expected to exceed 30% by 2026, driven by the launch of affordable models and the reintroduction of subsidies [2][34] - Southeast Asia is anticipated to see a new energy penetration rate of 19% in 2026, with significant contributions from Chinese automakers and local manufacturers [2][37] Group 2: Chinese Automakers' Global Market Share Forecast - The potential export market for Chinese automakers is estimated at 27 million units, with an export potential of approximately 9.08 million units by 2025 [3][5] - The market share ceiling for Chinese brands in regions prioritizing local brand development is expected to be lower compared to markets that do not emphasize local brand cultivation [5] - By 2025, the export share of new energy vehicles is projected to reach 42%, with BYD being a major contributor to this growth [3] Group 3: Export Predictions for Automakers - BYD is expected to have a high market match across most regions, particularly in Oceania and the UK, where there are minimal structural constraints [9] - Chery's core markets with the highest external environment match include Russia, Central Asia, and the Middle East, while the EU market presents more constraints [9] - Great Wall Motors is well-positioned in markets with stable demand for SUVs and pickups, particularly in the Middle East and Africa [9] Group 4: Investment Recommendations - The report suggests prioritizing investment in automakers with mature overseas systems and proven execution capabilities, specifically recommending BYD, Great Wall Motors, and Chery [11] - The export volume of various automakers is expected to increase significantly, with Chery projected to have an export share of 42% by 2026 [10] - The overall export volume for Chinese automakers is forecasted to reach 745,000 units by 2027, with a year-on-year growth rate of 13% [12]
NIO: The Patient Wait For Consistent Profits (NYSE:NIO)
Seeking Alpha· 2026-01-08 09:32
If you enjoyed this analysis, consider subscribing to Green Growth Giants . With its focus on a high performing and dynamic nuclear energy portfolio, the service regularly updates subscribers on key stock related developments and also on the sector, among a number of other updates.On the face of it, 2025 wasn't a bad year for the Chinese EV manufacturer and brand NIO ( NIO ). After all, it saw a 17% price uptick. But seen in the context of the sector, the performanceLong Term Tips focuses on the generationa ...
江淮汽车2025年12月销售汽车3.73万辆,新能源乘用车同比增长92.59%
Ju Chao Zi Xun· 2026-01-08 09:29
| | | | | | | | | 里位: 纳 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 月度同比 | | | 年度同比 | | | | | 十二月份产销量明细 | 本月 | 去年 | 增减 % | 本年 | 去年 | 增减 % | | | | | | 同期 | | 累计 | 累计 | | | | 乘 | 运动型多用途乘用车(SUV) | ਦੇਤਕਰੇ | 8739 | -38.79 | 69292 | 84864 | -18.35 | | | 用 | 多功能乘用车(MPV) | 1013 | 1039 | -2.50 | 17952 | 15742 | 14.04 | | | 车 | 基本型乘用车(轿车) | તે તે 88 જિલ્લાના મુખ્યત્વે આ ગામનાં મુખ્યત્વે આ ગામનાં મુખ્યત્વે આ ગામનાં મુખ્યત્વે આ ગામનાં મુખ્યત્વે છે. આ ગામનાં | 3269 | 193.30 | 56771 | 62304 | -8.8 ...
当我们把端到端量产需要的能力展开后......
自动驾驶之心· 2026-01-08 09:07
Core Viewpoint - The article emphasizes the rising importance of end-to-end (E2E) systems in the autonomous driving industry, highlighting the shift from modular perception to direct environmental sensing and action generation, which simplifies system complexity and enhances the ability to handle complex driving scenarios [2]. Group 1: End-to-End Systems - The success of Horizon HSD has prompted a reevaluation of the significance of E2E systems in smart driving, moving away from heavy reliance on modular perception and strict rule-based systems [2]. - E2E systems face challenges in practical applications, such as trajectory instability, primarily due to the lack of continuous correction capabilities based on environmental feedback [3]. - Reinforcement Learning (RL) offers a new approach for E2E systems, transitioning from imitation to optimization by incorporating reward signals to refine action strategies and address limitations of pure imitation learning [4][5]. Group 2: Industry Trends and Talent Demand - Leading companies in the industry have developed a comprehensive model iteration approach, which includes imitation learning training, closed-loop reinforcement learning, and rule-based planning, indicating a high barrier to entry for talent in E2E production [6]. - The high barrier to entry and scarcity of skilled professionals have resulted in generous salaries, with top talents earning starting salaries of 1 million and above [7]. Group 3: Challenges in Mass Production - The mass production of E2E systems encounters numerous challenges, including complex scenarios like congestion, static yaw, and collision situations, necessitating both data mining and data cleaning [8]. - There is a notable gap in practical experience among many candidates, as many have only theoretical knowledge without real-world application experience [8]. Group 4: Course Offering - The article introduces a specialized course aimed at bridging the gap in practical skills for E2E systems, led by top-tier algorithm engineers from the industry [9]. - The course covers various aspects of E2E systems, including task overview, two-stage and one-stage algorithms, navigation information applications, RL algorithms, trajectory optimization, and production experiences [12][14][15][16][17][18][19][20][21]. Group 5: Target Audience and Prerequisites - The course is designed for advanced learners with a foundational understanding of autonomous driving perception, reinforcement learning, and programming skills, although those with weaker backgrounds can still participate [22][23].
派杰投资:将Rivian(RIVN.O)目标价从14美元上调至20美元。
Jin Rong Jie· 2026-01-08 08:59
派杰投资:将Rivian(RIVN.O)目标价从14美元上调至20美元。 本文源自:金融界AI电报 ...
派杰投资:将通用汽车(GM.N)评级从中性上调至超配;将目标价从66美元上调至98美元。
Jin Rong Jie· 2026-01-08 08:54
派杰投资:将通用汽车(GM.N)评级从中性上调至超配;将目标价从66美元上调至98美元。 ...
雷军困在自己的围城里
2 1 Shi Ji Jing Ji Bao Dao· 2026-01-08 08:52
21世纪经济报道记者何煦阳报道 2026年开年一周,雷军已经举办了两场直播。 CREACED 3 国语版 -1. 1 48 e 1月3日,雷军举行2026年第一场直播,重点拆解小米YU7,并集中回应网络上长期以来关于小米的不实 信息。 四天之后,即1月7日,雷军举办第二场直播。原本主题应是介绍小米SU7的26款升级车型,然而在两个 半小时的直播中,辟谣内容仍占据近两小时,涉及"丢轮保车""1300公里充一次电""一个杯子开15次 会"等多个传言。 相比之下,1月7日晚对26款SU7的介绍仅占约40分钟。雷军表示,26款SU7在电机、底盘、碳化硅平台 等方面均进行了重大升级。但观察此次小米对26款SU7的宣传侧重,被动安全和辅助驾驶的升级在各新 媒体平台均被置于首位。 在两次直播中,雷军均坦言"被黑怕了""睡不着觉"。 过去十多年,小米靠"参与感"起家,靠粉丝共建放大声量,入局造车后,小米也用该策略获得成功,雷 军被捧为"爽文男主"。但"参与感"是一把双刃剑,其负面效应也在历经两次安全插曲后被放大,雷军从 镜头面前的意气风发,到如今减少露面、反复解释、反复道歉、反复辟谣。 雷军被困在了自己的围城里。策略转向:从 ...
3 Premier Artificial Intelligence (AI) Stocks That Can Plunge by Up to 96% in 2026, According to Select Wall Street Analysts
The Motley Fool· 2026-01-08 08:51
Optimism for AI stocks on Wall Street isn't universal.In the mid-1990s, the proliferation of the internet kick-started a chain of events that would positively alter the long-term growth trajectory of corporate America. For three decades, investors have been waiting (often impatiently) for the next technological leap forward to take shape. The rise of artificial intelligence (AI) looks to have answered the call.Providing software and systems with the necessary tools to make split-second decisions without hum ...
吉利汽车1月8日斥资6762.08万港元回购392.5万股
Zhi Tong Cai Jing· 2026-01-08 08:46
吉利汽车(00175)发布公告,该公司于2026年1月8日斥资6762.08万港元回购392.5万股股份,每股回购价 格为17.17-17.38港元。 ...
吉利汽车(00175.HK)1月8日耗资6762.08万港元回购392.5万股
Ge Long Hui· 2026-01-08 08:45
格隆汇1月8日丨吉利汽车(00175.HK)发布公告,2026年1月8日耗资6762.08万港元回购392.5万股,回购 价格每股17.17-17.38港元。 ...