Core Insights - The launch of the eπ007+ marks the second anniversary of the Dongfeng Yipai brand, with a starting price of 139,900 yuan [1] - Dongfeng Yipai has introduced four new products in two years, reaching 200,000 households and establishing over 800 service networks [3] - The eπ007+ is designed as a high-performance, intelligent coupe aimed at young consumers, featuring 119 smart comfort and safety configurations [3][5] Product Features - The eπ007+ includes a pure electric four-wheel drive system with a 0-100 km/h acceleration time of just 3.7 seconds [3] - The vehicle offers a low energy consumption of 12.6 kWh per 100 km and a maximum CLTC range of 650 km for the pure electric version [5] - It is equipped with advanced safety features, including over 30 active and passive safety configurations, and has received a C-NCAP five-star safety rating [5] Brand Development - Dongfeng Yipai has established a new technology division to enhance operational efficiency and user engagement [6] - The brand has seen a 61% year-on-year increase in delivery volume from January to October, with sales exceeding 30,000 units in September and October [8] - Dongfeng Yipai aims to continue focusing on user-centric and technology-driven product development [8]

Group 1 - Seres officially listed on the Hong Kong Stock Exchange on November 5, becoming the first luxury new energy vehicle company to be dual-listed in both A-share and H-share markets, marking a significant step in its international capital strategy [1] - The IPO is the largest by a Chinese car company to date and the largest globally since 2025, with a total of 108.6 million shares offered, raising a net amount of HKD 14.016 billion [3] - The funds raised will be primarily invested in global product research and development, marketing services, and channel construction, emphasizing the company's commitment to high-end, intelligent, and green development [3] Group 2 - Seres has transformed into a new energy vehicle company since 2016 and has established the AITO brand in collaboration with Huawei, achieving significant market recognition with over 800,000 users and leading sales in the 500,000 RMB segment for 19 consecutive months [5] - The company aims to explore the integration of artificial intelligence in its products, focusing on creating emotional, intelligent, and safe mobile entities, thus transitioning into a technology-driven enterprise [7] - Looking ahead, Seres plans to leverage its dual capital platform to enhance brand growth and accelerate the advancement of Chinese high-end new energy vehicle brands [7]

首超半数！10月新能源汽车新车销量达到新车总销量51.6% 来源：中国新闻网 编辑：张澍楠 广告等商务合作，请点击这里 本文为转载内容，授权事宜请联系原著作权人 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它方式使用。 关注中新经纬微信公众号(微信搜索"中新经纬"或"jwview")，看更多精彩财经资讯。 中新网北京11月11日电 (记者 查志远)11日，中国汽车工业协会发布数据显示，10月，新能源汽车产销 分别完成177.2万辆和171.5万辆，同比分别增长21.1%和20%，新能源汽车新车销量达到汽车新车总销量 的51.6%。 1-10月，新能源汽车产销分别完成1301.5万辆和1294.3万辆，同比分别增长33.1%和32.7%，新能源汽车 新车销量达到汽车新车总销量的46.7%。 据中国汽车工业协会分析，10月，车企抢抓年底政策切换窗口期，生产供给保持较快节奏。企业新品继 续密集上市、行业综合治理工作稳步推进，汽车市场延续良好发展态势，月度产销创同期新高。其中， 乘用车市场稳健增长，商用车市场持续向好，新能源汽车较快增长，对外贸易呈现较好韧性。(完) ...

港股探底回升，恒生指数、恒生科技指数再度转涨。小鹏汽车-W大涨17%，瑞浦兰钧涨近10%，歌礼制 药-B涨超7%。 来源：滚动播报 ...

Core Viewpoint - XPeng Motors is transitioning from being solely an electric vehicle company to incorporating range-extended vehicles, marking a significant strategic shift in its business model [3][6]. Group 1: Product Development - XPeng has officially launched its first range-extended model, the XPeng X9, with pre-sale prices set at 350,000 and 370,000 yuan for its Max and Ultra versions respectively [4]. - The XPeng X9 features a 63.3 kWh lithium iron phosphate battery and a 60L fuel tank, achieving a combined range of 1,602 kilometers [4]. - The company plans to introduce at least five additional range-extended models by 2026 and 2027, including the P7+ and G6 versions [5]. Group 2: Market Expansion - XPeng has established a network of 275 stores across nearly 50 countries, with overseas deliveries reaching 29,706 units from January to September, a year-on-year increase of over 125% [4]. - The company aims to adapt its vehicle offerings to local market needs, recognizing that even in China, pure electric models may not meet all regional demands [4][11]. Group 3: Financial Investment - XPeng's R&D expenditure for the year is approximately 10 billion yuan, emphasizing the need for strong cash flow from its automotive business to support its broader ecosystem [5][14]. - The company is focused on long-term growth, prioritizing foundational aspects of technology and product development over immediate profitability [11][16]. Group 4: Technological Integration - The range-extended technology leverages XPeng's existing electric vehicle technology, ensuring efficient energy consumption and performance [17]. - The company is committed to a modular approach in both hardware and software development, which is crucial for scaling production and maintaining a stable supply chain [15][17]. Group 5: Future Outlook - XPeng's CEO believes that the transition from fuel vehicles to range-extended models will be significant, especially as the demand for higher power consumption in vehicles increases [19]. - The company is optimistic about the potential of both flying cars and robots as future revenue streams, with robots expected to represent a market potentially twice the size of the current global automotive market in the next 10-20 years [23].

Group 1: Report Industry Investment Rating - Not provided in the content Group 2: Core View of the Report - In the short term, lithium carbonate futures may maintain a relatively strong oscillation, but the upside space is limited. The current expansion of the supply - demand gap, continuous inventory reduction, and capital sentiment have pushed the price to break through the key resistance level, and the peak season of new energy vehicles and the incremental demand for energy storage provide support. However, the weak follow - up of spot prices, the increasing resistance of downstream to high prices, and the expected release of long - term mine production capacity will suppress the upward slope of prices [1][2][3] Group 3: Summary by Relevant Catalogs 1. Daily Market Summary a. Lithium Carbonate Futures Market Data Change Analysis - On November 10, the price of the lithium carbonate main contract rose significantly to 87,240 yuan/ton, a 6% increase from November 7; the basis weakened to - 6,240 yuan/ton. The main contract's open interest increased by 8.87% to 534,483 lots, and the trading volume soared by 21.7% to 986,569 lots [1][5] b. Industry Chain Supply - Demand and Inventory Change Analysis - Supply side: The operating rate of lithium salt plants remained at a high level of 75.3%. The prices of spodumene and lepidolite raw materials were stable, and the lithium extraction processes from salt lakes and spodumene contributed the main increments. The expectation of mine resumption in Yichun, Jiangxi weakened. - Demand side: In October, the retail sales of new energy vehicles increased by 17% year - on - year. The production schedules of power and energy - storage cells continued to improve. The prices of ternary materials and lithium iron phosphate increased slightly, but downstream acceptance of high prices was limited, and purchases were mainly for rigid needs. Policy promotion of energy - storage installation targets and new energy vehicle purchase tax adjustments stimulated the expectation of pre - demand. - Inventory and warehouse receipts: Lithium carbonate inventory decreased for four consecutive weeks to 123,953 tons, with a weekly inventory reduction of 3,405 tons. Warehouse receipts decreased simultaneously, and the supply - demand gap widened to - 1.68 million tons. The industry chain entered an active inventory - reduction cycle [2] c. Market Summary - In the short term, lithium carbonate futures may maintain a relatively strong oscillation, but the upside space is limited. The current expansion of the supply - demand gap, continuous inventory reduction, and capital sentiment have pushed the price to break through the key resistance level. The peak season of new energy vehicles and the incremental demand for energy storage provide support. However, the weak follow - up of spot prices, the increasing resistance of downstream to high prices, and the expected release of long - term mine production capacity will suppress the upward slope of prices. There is a need to be vigilant against the risk of technical corrections caused by capital profit - taking [3] 2. Industry Chain Price Monitoring - Data shows price changes of various products from November 7 to November 10 and from November 7 to October 31, including the main contract of lithium carbonate, basis, open interest, trading volume, and prices of battery - grade lithium carbonate, spodumene concentrate, lepidolite concentrate, etc. For example, the main contract of lithium carbonate rose from 82,300 to 87,240 yuan/ton, a 6% increase; the basis weakened from - 2,300 to - 6,240 yuan/ton [5] 3. Industry Dynamics and Interpretation a. Spot Market Quotation - On November 10, the SMM battery - grade lithium carbonate index price was 80,864 yuan/ton, a 493 - yuan/ton increase from the previous working day. The price of battery - grade lithium carbonate was in the range of 79,000 - 82,500 yuan/ton, with an average price of 80,750 yuan/ton, a 350 - yuan/ton increase. The price of industrial - grade lithium carbonate was in the range of 78,150 - 78,950 yuan/ton, with an average price of 78,550 yuan/ton, a 350 - yuan/ton increase. The market sentiment was high due to positive demand. Upstream reluctance to sell was increasing, and downstream material factories were cautious and observant, with very few market transactions. Currently, upstream and downstream enterprises are negotiating long - term agreements for next year, mainly focusing on the coefficient. The overall operating rate of lithium salt plants remained high, with the operating rates of the spodumene and salt - lake ends both above 60%, becoming the main supply forces. It is expected that the domestic lithium carbonate production in November can maintain the production level of October, with a roughly flat month - on - month change. In terms of demand, both the commercial and passenger new energy vehicles in the power market are growing rapidly; the energy - storage market has strong supply and demand, and the supply is continuously tight. The production schedules of cells and cathode materials continued to improve in November, and it is expected that lithium carbonate will continue to see a large - scale inventory reduction in November [6] b. Downstream Consumption Situation - On November 5, according to the data of the Passenger Car Association, from October 1 - 31, the retail sales of the national new energy passenger vehicle market were 1.4 million, a 17% year - on - year increase and an 8% increase from the previous month. The cumulative retail sales this year were 10.27 million, a 23% year - on - year increase; from October 1 - 31, the wholesale of new energy vehicles by national passenger vehicle manufacturers was 1.614 million, a 16% year - on - year increase and an 8% increase from the previous month. The cumulative wholesale this year was 12.061 million, a 30% year - on - year increase [7] c. Industry News - On October 28, Dazhong Mining's "Mining Plan for Jada Lithium Mine" passed the review of the Ministry of Natural Resources, with an annual mining scale of 2.6 million tons/year. After reaching full production, it can produce about 50,000 tons of lithium carbonate per year. - On October 23, the overall price of the echelon market remained stable, which was the result of the combined effects of supply - demand and cost factors. - On October 22, according to the National Market Supervision and Administration总局, China is about to enter the stage of large - scale retirement of power batteries. In 2024, the domestic power battery recycling volume exceeded 300,000 tons, corresponding to a market scale of over 48 billion yuan. It is expected that by 2030, the domestic market scale will exceed 100 billion yuan [9][10] 4. Industry Chain Data Charts - The content mentions multiple data charts, including those related to the main contract and basis of lithium carbonate futures, battery - grade and industrial - grade lithium carbonate prices, spodumene concentrate prices, etc., along with their data sources [13][16][22]

北京商报讯（记者 刘晓梦）11月11日，中国汽车工业协会发布的数据显示，今年10月新能源汽车出口 25.6万辆，环比增长15.4%，同比增长99.9%。其中，新能源乘用车出口25万辆，环比增长15.3%，同比 增长1倍；新能源商用车出口6000辆，环比增长20.6%，同比增长26.7%。 ...

北京商报讯（记者 刘晓梦）11月11日，中国汽车工业协会发布的数据显示，今年10月新能源汽车产销 分别完成177.2万辆和171.5万辆，同比分别增长21.1%和20%，新能源汽车新车销量达到汽车新车总销量 的51.6%。 ...

Core Viewpoint - The A-share market experienced a downward trend on November 11, with the ChiNext New Energy ETF (Hua Xia, 159368) showing weak fluctuations but a slight increase of 0.19%. The market is reacting to new guidelines from the National Development and Reform Commission and the National Energy Administration aimed at promoting renewable energy consumption and regulation [1][2]. Group 1: Market Performance - The ChiNext New Energy ETF (Hua Xia, 159368) is the largest ETF tracking the ChiNext New Energy Index, which includes sectors like batteries and photovoltaics [2]. - The ETF has the highest trading volume, with a recent average daily transaction of 90.05 million yuan, and a total scale of 829 million yuan as of October 31, 2025 [2]. - Notable stocks in the sector include Zhonglai Co., which hit the daily limit, and Penghui Energy, which rose by 8.23%, with several others increasing by over 5% [1]. Group 2: Policy and Future Outlook - The new guidelines emphasize enhancing the adaptability of new power systems to renewable energy, promoting advanced and efficient new storage technologies, and improving the utilization of renewable energy [1]. - By 2035, the goal is to establish a new power system capable of accommodating a high proportion of renewable energy, with a more refined renewable energy consumption and regulation system [1]. - CICC forecasts that by 2026, policies will focus on both supply and demand to achieve around 5% economic growth, suggesting an increase in quality consumption supply and a reduction in inefficient capacity [1].

【#10月我国新能源汽车销量首次超总销量的50%#】 据央视新闻消息，中国汽车工业协会今天（11 日）发布的最新数据显示，今年1至10月份，我国新能源汽车产销量继续实现较高增长。其中，10月份 新能源汽车月度新车销量首次超过了汽车新车总销量的50%。 中国汽车工业协会副秘书长陈士华表示，今年以来，新能源汽车继续实现较高增长，一方面是国内汽车 以旧换新补贴政策持续显效，力度大，惠及面广，推动了新能源汽车市场较高增长。另一方面明年新能 源汽车购置税减半征收，使得部分消费者存在提前购车现象，新能源汽车市场迎来新一轮的消费高峰。 最新数据显示，今年1至10月份，我国汽车产销量分别完成2769.2万辆和2768.7万辆，同比增长均超过 10%。其中，新能源汽车产销量分别完成1301.5万辆和1294.3万辆，同比分别增长33.1%和32.7%。值得 注意的是，10月份新能源汽车月度新车销量，首次超过了汽车新车总销量的50%，达到51.6%。在出口 方面，今年1至10月份，新能源汽车出口201.4万辆，同比增长90.4%。 ...