10月10日，比亚迪举行电话会议，接受了包括麦格里在内的45家机构调研。公司高管吴越、常恩铭出席 会议，就公司9月销量、欧洲乘用车市场布局、商用车进展、仰望U9赛道版技术以及马来西亚工厂规划 等投资者关心的问题进行了解答。 关于仰望U9赛道版能达到472.41 km/h最高时速的原因，比亚迪称，其强悍性能源于技术积淀。该车与 现款仰望U9同源，搭载以易四方、云辇 - X为核心的创新技术架构，应用全球首个量产全域1200V超高 压平台，搭配针对极限工况优化的整车热管理方案。其易四方系统是全球首个基于30000转高性能电机 的四电机平台，每个电机峰值功率高达555kW，系统为整车提供超3000Ps综合马力，推重比高达 1217Ps/t，处于全球顶尖水平。 此外，比亚迪透露在马来西亚当地建设组装工厂（CKD），预计2026年正式投产。该工厂建设开启了 比亚迪在马来西亚发展新篇章，彰显深耕本地市场信心。未来，比亚迪将全面投入马来西亚电动生态， 携手当地合作伙伴迈向绿色、智能交通未来。 声明：市场有风险，投资需谨慎。 本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、 ...

Sales Performance - In September 2025, BYD sold 396,270 vehicles, bringing the total sales from January to September to 3,260,146 vehicles, with over 13.8 million new energy vehicles sold cumulatively [1] European Market Strategy - Europe is a core market for BYD's global strategy, with plans to establish over 2,000 stores by the end of 2026, including 120 stores in Germany by the end of this year [2] - BYD has entered the European passenger car market in September 2022, covering 32 countries and regions with a product matrix of 13 models [2] Commercial Vehicle Developments - BYD delivered the first batch of 50 electric buses in Azerbaijan on September 24, 2025, marking a new phase in collaboration with local partners [3] Performance of the U9 Track Version - The U9 track version achieved a top speed of 472.41 km/h, utilizing a 1200V high-voltage platform and a four-motor system with a peak power of 555 kW per motor, providing over 3,000 Ps of total power [4] Malaysian Factory Plans - BYD is set to establish a CKD assembly plant in Malaysia, expected to commence production in 2026, demonstrating commitment to the local market and electric mobility ecosystem [5]

Group 1: 仰望U9赛道版 - The仰望U9赛道版 has been officially launched with a global limit of 30 units, featuring a starting price of 1.68 million yuan for the standard version [1][3] - The vehicle achieved a top speed of 496.22 km/h and a Nürburgring lap time of 6 minutes and 59.157 seconds, showcasing significant performance enhancements over the standard version [1][3][5] - The car is equipped with four new drive motors, providing a combined output of over 3000 horsepower, significantly higher than the standard version [3][5] Group 2: 上汽奥迪E5 Sportback - The上汽奥迪E5 Sportback has been launched with a price range of 235,900 to 319,900 yuan, featuring a unique design that differentiates it from existing Audi models [8][10] - The vehicle includes advanced technology such as a 59-inch display and a comprehensive sensor suite for L2-level assisted driving capabilities [10][13] - The E5 Sportback faces competition in the electric mid-size car market, requiring strong brand recognition to succeed [13] Group 3: 哈弗大狗PLUS - The 2026款哈弗大狗PLUS has been launched with a price range of 135,800 to 175,800 yuan, offering multiple powertrain options including 1.5T and 2.0T gasoline engines, as well as a plug-in hybrid version [15][18] - The vehicle maintains a distinctive boxy design while updating its front fascia and interior technology [16][18] - The大狗PLUS will compete with models like the Chery Tiggo 8 and Lynk & Co 08 EM-P, facing internal competition from other Haval models in similar price ranges [21] Group 4: 腾势N9 - The 2026款腾势N9 has been launched with a price range of 389,800 to 459,800 yuan, featuring upgrades in design and technology aimed at enhancing its market competitiveness [23][25] - The vehicle offers a significant increase in electric range and advanced driver assistance systems, including a high-performance computing platform [25][28] - The N9 is positioned in a competitive segment against models like the Li Auto L9 and Aito M9, with its success dependent on improving sales performance relative to the brand's main model, the D9 [28]

Group 1 - BYD showcased its brands including Dynasty, Ocean, Tengshi, Fangchengbao, and Yangwang at the Chengdu International Auto Show, occupying the entire Hall 9 and an outdoor experience area [1] - The Qin L EV was officially launched with the Yunlian version, featuring the Yunlian-C intelligent damping body control system and TBC high-speed blowout stability system, priced at 129,800 yuan [3] - The Qin family has been a key model for BYD, targeting the younger demographic as the market shifts towards younger consumers [3] Group 2 - The Qin L EV faces competition in the 100,000 to 150,000 yuan sedan market from models like Geely Galaxy A7, Roewe D7, and Xpeng MONA M03, with BYD aiming to enhance product strength and reduce prices to maintain its competitive edge [5] - The Yunlian version is the top configuration in the Qin L EV series, incorporating features previously exclusive to high-end models, such as the Yunlian-C system and the TBC system [5][7] - The Yunlian-C system enhances comfort and vehicle control, while the TBC system stabilizes the vehicle during high-speed blowouts, maintaining lateral deviation within 75 cm even at speeds of 140 km/h [7] Group 3 - The starting price for the original Qin L EV model has been reduced to below 110,000 yuan, with standard features including advanced suspension systems and the DiPilot 100 driving assistance system [9] - The Qin L EV series has introduced three new color options and has undergone two OTA upgrades, adding over 20 new features related to driving assistance and smart cockpit functionalities [9] - In addition to the Qin L EV, BYD announced the 2026 model of the Seal 07DM-i, expected to launch in mid-September with a price range of 160,000 to 200,000 yuan, and introduced new models from Tengshi and Fangchengbao [9]

Core Viewpoint - The announcement of the Yango U9 track version achieving a record speed of 472.41 km/h marks a significant milestone for Chinese automotive brands in the high-performance electric vehicle sector, showcasing their technological advancements and capabilities on a global stage [1][7]. Group 1: Performance Achievements - The Yango U9 track version set a new global electric vehicle speed record, driven by professional driver Marc Basseng, who previously held the record himself [1]. - The vehicle's performance is attributed to its innovative technology architecture, including the world's first mass-produced 1200 V ultra-high voltage platform, enhancing its capabilities in extreme conditions [3][5]. Group 2: Technological Innovations - The Yango U9 track version features a four-motor platform with a peak power of 555 kW per motor, providing a total output of over 3000 Ps, resulting in an impressive power-to-weight ratio of 1217 Ps/t [3][5]. - The vehicle employs a unique torque vectoring system that adjusts wheel torque in real-time, ensuring stability and control even at high speeds [5]. Group 3: Collaborations and Future Developments - Yango has partnered with Giti Tire to develop custom track-level semi-slick tires, enhancing tire performance and durability based on extensive testing data from Germany [7]. - The record achievement not only highlights the technological strength of BYD Group but also signifies a breakthrough for Chinese automotive brands in the high-performance vehicle market [7].

Group 1: Tank 500 Launch - Great Wall Motors launched the new Tank 500 for pre-sale on August 11, with a price range of 360,000 to 388,800 yuan targeting the Hi4-T and Hi4-Z hybrid models [1][4] - The new model maintains its length of 5,078 mm and features a rugged design, while introducing an international branding strategy with the "GWM TANK" logo [1][4] - The interior has been optimized for space, featuring a new gear shift design and a temperature-controlled refrigerator, enhancing its utility for outdoor scenarios [1][3] Group 2: Intelligent Driving and Powertrain - The Hi4-T/Hi4-Z models are equipped with the third-generation Coffee Pilot Ultra system, enabling urban NOA functionality through advanced sensor technology [3] - The powertrain specifications remain consistent, with the fuel version featuring a 3.0T V6 engine producing 360 horsepower, while the Hi4-T hybrid system delivers a combined power of 408 horsepower and a pure electric range of 110 km [3][4] Group 3: Market Positioning and Resale Value - The pre-sale pricing is higher compared to competitors like the Fangcheng Leopard 8, but the second-hand market shows strong resale values, with the Hi4-T maintaining above 220,000 yuan and the Hi4-Z above 280,000 yuan [4] - This high pricing strategy may limit rapid sales growth but helps maintain brand premium through strong resale characteristics, similar to the Toyota Prado [4] Group 4: New Model Launches - Zhiji Auto began pre-sales for the new LS6 model on August 15, with a starting price of 209,900 yuan, introducing a range-extended version for the first time [7][9] - The LS6 features a pure electric range of 450 km and is equipped with advanced driving systems, including a 1.5T engine and a 230 kW electric motor [9] Group 5: Dongfeng Fengshen L8 PHEV Launch - Dongfeng Fengshen launched the L8 PHEV on August 11, with a price range of 129,900 to 149,900 yuan, featuring a compact SUV design and a 1.5T hybrid system [21][22] - The L8 offers a maximum pure electric range of 185 km and is equipped with a 360 horsepower powertrain, positioning it competitively against established models like the Geely Galaxy L7 [22][26]