销量表现 01 乘用车市场整体表现 7月，乘用车市场销量为184.3万辆，同比上涨1.5%，环比下降13.9%；新能源市场销量约 为97.6万辆，同比上涨10.5%，环比下降12.1%，表现略优于整体市场。 7月，新能源市场的销量占总体乘用车销量的53.0%，较上月增加1.1%，相比去年同期上 涨4.3%。 点 击 蓝 字 关 注 我 们 本文全文共 1450 字，阅读全文约需 4 分钟 新能源市场整体表现 新能源乘用车市场销量TOP10城市 7月，纯电动销量约61.1万辆，同比上涨25.0%，环比下降9.6%；插电混动销量约36.5万 辆，同比下降7.5%，环比下降15.8%。 2025年新能源累计销量625.0万辆，累计同比上涨27.2%。 7月，TOP 10城市销量占比为25.5%，比上月(25.9%)减少0.4%；TOP 3城市分别是：北京 市、成都市、上海市；宁波市和杭州市取代天津市、西安市进入前十。 分燃料类型看，TOP 10 城市销量均以纯电动居多；从产权归属看，以个人用户居多。 本月TOP 10城市新能源渗透率均超过50%，TOP3城市为：深圳市(66.2%)、宁波市 (64.0%)和武汉市( ...

Core Viewpoint - BYD has officially launched the vehicle-to-phone connectivity feature across all its brand models, enhancing the smart experience for users by integrating with major domestic smartphone brands [2][3]. Group 1: Vehicle-to-Phone Connectivity Features - The vehicle-to-phone connectivity has become a significant highlight in the automotive industry, with increasing collaboration between automakers and smartphone manufacturers to meet growing consumer demand for smart mobility [3]. - BYD's connectivity feature supports three major ecosystems: Carlink, HUAWEI HiCar, and Honor Car Link, offering various functionalities such as screen mirroring, privacy mode, navigation transfer, and music continuation [3]. - Other automakers, like MG and Deep Blue, are also exploring vehicle-to-phone connectivity, with MG announcing a partnership with OPPO to implement comprehensive connectivity features in their new models [4][5]. Group 2: Evolution and Development of Vehicle-to-Phone Connectivity - The concept of vehicle-to-phone connectivity began in 2004 with Nokia and BMW, evolving significantly with the introduction of technologies like MirrorLink, CarPlay, and Android Auto [6]. - The industry is transitioning from a basic connectivity model to a more integrated approach, where mobile devices and vehicle systems seamlessly share information and functionalities [7]. - Experts believe that the future of vehicle-to-phone connectivity will involve deeper integration, allowing for a more unified ecosystem between smartphones and vehicle systems [8]. Group 3: User Experience and Market Trends - Enhancing user experience is crucial for the success of vehicle-to-phone connectivity, as consumers seek more convenient ways to integrate their mobile and driving experiences [8]. - The market is witnessing a trend where vehicle manufacturers are not creating proprietary smartphone brands but are instead focusing on interoperability with existing mobile ecosystems [8]. - The integration of AI technology is expected to further enhance the vehicle-to-phone connectivity experience, providing personalized services and improving overall functionality [9][13]. Group 4: Future Prospects and Challenges - The future of vehicle-to-phone connectivity appears promising, with potential advancements in AI and new business models that could lead to enriched application ecosystems and differentiated insurance pricing based on driving behavior [13]. - However, challenges such as connectivity stability and user interface responsiveness remain significant hurdles that need to be addressed for broader adoption [10].

Core Viewpoint - BYD aims to establish itself as a leader in smart electric technology through "intelligent-electric integration," focusing on both electrification and smart technology advancements [1] Group 1: Technological Developments - BYD plans to launch the industry's first intelligent-electric integration architecture, "Xuanji Architecture," in early 2024, which will connect the underlying logic of electrification and intelligence [1] - The "Tianshen Eye" advanced driver-assistance system (ADAS) is set to be released in 2025, further promoting the deep integration of electrification and intelligence [1] - The adoption of the "Tianshen Eye" system has exceeded 1 million vehicles, with the automatic parking usage rate increasing from 40% to over 60% after the company's commitment to cover safety and losses in parking scenarios [4] Group 2: Safety and Regulation - BYD defines ADAS as a "safety function," emphasizing the importance of safety in promoting and popularizing technology [2][3] - The company actively responds to regulatory requirements and aims to participate in the formulation of industry standards to enhance the safety of intelligent functions [3] Group 3: Organizational Changes - To address the trend of cockpit and driving integration, BYD has merged its cockpit department with the intelligent driving team, enhancing collaboration and consensus between the two areas [10] - The company has over 5,000 members in its intelligent driving team, with more than 1,000 in the core algorithm team, showcasing its capability for full-stack self-research [8] Group 4: Market Strategy - In overseas markets, BYD will adopt a phased approach to promote intelligent technology, prioritizing compliance with local regulations, such as data security [9] - The company is committed to both self-research and collaboration with external algorithm companies, maintaining an open mindset to enhance its technological capabilities [8]

7月28日下午，比亚迪在深圳总部举行了一场媒体深度交流会。会上，比亚迪集团高级副总裁、汽车新技术研究院院长杨冬生在接受新京报贝壳财经记者采 访时表示，电动化是比亚迪的"基本盘"，通过"智电融合"比亚迪构建技术护城河，目标成为智能电动技术平权的推动者。 当天，与杨冬生一起接受采访的，还有汽车新技术研究院副院长、智能化平台及交付中心主任韩冰，智能化软件开发中心主任李锋，电动化平台、交付中心 主任陆国祥，电动化开发中心主任周升辉，以及比亚迪集团品牌及公关处副总经理杜国忠。这是自去年初比亚迪发布新能源汽车智能化发展全新战略以来， 汽车新技术研究院核心管理团队首次围绕"电动化和智能化"领域的技术突破与未来规划接受媒体采访。 从2024年初推出行业首个智电融合的智能化架构"璇玑架构"打通电动化与智能化底层逻辑，到2025年发布"天神之眼"辅助驾驶系统进一步推动电动化与智能 化的深度融合，技术的相继落地，让比亚迪在智能化领域以"智电融合"为核心的发展战略日益清晰。 杨冬生表示，类比电动化普及路径，智能化普及也需要一个过程。对于辅助驾驶，比亚迪将其定义为"安全功能"，坚持安全基因来推动实现技术推广和普 及。在组织架构上，研究 ...

Domestic News - The Ministry of Foreign Affairs emphasizes that there are no winners in a tariff war and that coercion cannot resolve issues, advocating for dialogue and negotiation as the only viable solution to crises [2] - Chongqing's Economic and Information Commission is soliciting opinions on the "Chongqing Intelligent Connected New Energy Vehicle Industry Chain 'Yuchain Zhiyuan' Action Plan (2025-2027)", aiming to encourage leading companies in various sectors to accelerate investment and mergers, with a target of adding over 5 new listed companies in the smart connected new energy vehicle sector by 2027 [2] - Chongqing plans to support the large-scale demonstration application of hydrogen fuel cell vehicles, offering subsidies for hydrogen stations and operational support for those meeting specific pricing criteria [3] - From July 1-13, the national retail sales of new energy passenger vehicles reached 332,000 units, a year-on-year increase of 26%, with a cumulative retail of 5.801 million units in 2023, up 33% year-on-year [4] International News - Stellantis has decided to abandon its hydrogen fuel cell vehicle project, citing that hydrogen-powered light commercial vehicles are unlikely to become mainstream before the end of this decade [5] Corporate News - XPeng Huitian has completed a $250 million Series B financing round to expedite the development and mass production of its flying car, with plans for the first production facility to be completed by Q4 2023 and mass delivery expected in 2026 [10] - BYD has announced the launch of a car-to-phone connectivity feature across all its brands, compatible with major domestic smartphone brands [12] - China FAW and Alibaba have established a joint laboratory to develop a large model for the automotive industry, focusing on optimizing computing architecture and data governance [14]

Group 1: Market Overview - The Hang Seng Index opened high but closed down by 72 points or 0.3%, ending at 24,517 points, after reaching a peak of 24,867 points during the day, marking a nearly four-month high since March 19 [3] - The total trading volume for the day was 258.95 billion HKD, with a net inflow of only 1.6 billion HKD from northbound trading [3] Group 2: Company Developments - Baidu's autonomous driving service platform, Apollo Go, has established a strategic partnership with Uber, leading to a 1% increase in Baidu's stock price, closing at 88.55 HKD [4] - MicroPort Medical's board is considering a non-binding proposal to merge its cardiac rhythm management business with MicroPort Cardiac [13] - Non-Fungible Leadership has increased its stake in Li Ning Company by acquiring 28.57 million shares for approximately 455 million HKD, raising its ownership to about 12.34% [14] - DCH Holdings reported a 2% year-on-year decline in revenue for the first fiscal quarter, amounting to 915 million USD, attributed to a sluggish macroeconomic environment [15] Group 3: Industry Insights - The London Metal Exchange (LME) has officially opened its warehouse in Hong Kong, with the first batch of metals including 5,975 tons of copper and 396 tons of nickel, marking a significant step for Hong Kong as a global metal hub [7] - Hong Kong's asset management sector has seen a growth of 13% year-on-year, with total assets under management exceeding 35 trillion HKD, and net inflows rising by 81% to 705 billion HKD [8] - Nvidia's CEO expressed optimism about the development of China's robotics industry, highlighting China's strong capabilities in mechatronics and its vast manufacturing base [9] - The EU-China Automotive Working Group discussed the impact of global trade changes on EU policies, particularly regarding tariffs on Chinese electric vehicles [10]

Domestic News - In Q2 2025, the automotive manufacturing industry's capacity utilization rate was 71.3%, lower than the national average of 74.0% [4] - BYD announced the launch of its full brand's mobile connectivity feature, compatible with major domestic smartphone brands, enhancing the in-car experience [5] - Geely Auto signed a merger agreement with Zeekr Technology, with Geely acquiring all outstanding shares of Zeekr, allowing shareholders to choose cash or stock as compensation [6] - FAW Toyota has initiated the development of the next-generation smart cockpit, expected to be released in 2026, integrating AI for enhanced interaction [7] - NIO announced the completion of a battery swap station in Dingri, Tibet, which is the highest battery swap station in the world at 3,947 meters [8] - CATL announced a strategic partnership with T3 Mobility to explore optimization strategies for Robotaxi operations [9] - Baidu's autonomous driving unit plans to deploy thousands of self-driving cars globally in partnership with Uber [10] - BASF's high-nickel ternary materials for solid-state batteries have entered mass production this year [11] International News - In Canada, new car sales increased by 4.3% in the first half of 2025, reaching 958,214 units, with a 6.4% increase in Q2 [12] - The UK government announced a £650 million electric vehicle subsidy plan, providing up to £3,750 per eligible electric vehicle to promote adoption [13] - Panasonic opened a $4 billion battery factory in Kansas, its second in the U.S., expected to create 4,000 jobs [14] - Rivian and Google have collaborated to develop a customized version of Google Maps for electric vehicles [15] Commercial Vehicles - Inner Mongolia is focusing on developing the hydrogen energy equipment manufacturing industry, with specific cities designated for various aspects of hydrogen production and technology [16] - BYD has begun the expansion of its commercial vehicle factory in Hungary, adding 29,000 square meters of smart production facilities [18] - Faurecia has been selected as one of the first companies for the national trusted data space innovation development pilot program [19] - Guangzhou announced annual subsidies of up to 100,000 yuan for hydrogen fuel cell heavy trucks, with specific mileage-based compensation [20][21]

Core Viewpoint - BYD has launched a "Mobile-Car Connectivity" feature across its entire brand, collaborating with major Chinese smartphone manufacturers to enhance the integration of mobile and in-car systems, aiming to provide a seamless smart travel experience for users [3][14]. Group 1: Product Features - The "Mobile-Car Connectivity" feature allows for seamless integration between smartphones and car systems, maintaining user habits [5]. - Six core functionalities are highlighted, including support for Carlink, HUAWEI HiCar, and Honor Car Link ecosystems [7]. - Key features include mirror mode, navigation flow, integrated desktop, privacy mode, music continuation, and application flow, enhancing the overall user experience [8][11]. Group 2: Strategic Collaboration - BYD has partnered with leading smartphone brands such as Huawei, OPPO, Honor, Vivo, Xiaomi, Redmi, OnePlus, Realme, and iQOO to create a comprehensive smart travel ecosystem [3][14]. - The collaboration aims to eliminate the need for users to download the same applications repeatedly, facilitating a smoother transition of app pages and statuses between mobile devices and car systems [14]. Group 3: User Experience Enhancement - The integration of mobile and car systems significantly improves user experience, making travel more convenient and safer [14]. - The OTA upgrade will allow users to enjoy a variety of rich connectivity features, ensuring a smooth interconnection experience both inside and outside the vehicle [11].

Group 1 - BYD announced the launch of its car-to-phone connectivity feature across all its brands, compatible with major domestic smartphone brands [1] - Geely Auto signed a merger agreement with Zeekr, with Geely acquiring all remaining shares of Zeekr, offering shareholders cash or shares as compensation [1] - Mercedes-Benz announced the upcoming launch of its all-electric CLA model in China this fall, featuring locally developed driving assistance technology [1] - Aito's M8 electric version is set to launch in August, equipped with HUAWEI ADS 4 and a CATL 100 kWh battery [1] Group 2 - Zhijie Auto officially unveiled its new logo, symbolizing innovation and defiance of definitions [2] - Lantu Auto's legal department reported malicious rumors targeting the brand, leading to a police report and investigation into a specific brand's agency [2] - XPeng Huitian completed a $250 million Series B financing round to accelerate the development and mass production of its flying car [2] - Global sales of electric and plug-in hybrid vehicles increased by 24% year-on-year in June, reaching 1.8 million units [2] Group 3 - Tesla opened its first showroom in Mumbai, India, and announced the pricing for the Model Y, starting at approximately $69,757 [3] Group 4 - Nissan announced the closure of its Zama plant in Japan by the end of the 2027 fiscal year as part of a global restructuring plan [4] - General Motors plans to produce low-cost batteries at its Ultium Cells joint venture with LG Energy Solutions in the U.S. [4] - Volvo announced a one-time charge of approximately $1.2 billion due to U.S. tariffs and delays in launching key models [4] Group 5 - Renault Group appointed Duncan Minto as interim CEO, effective July 15, until a new CEO is officially appointed [5]

Group 1 - The article emphasizes the importance of high-level opening up for China's economic development, stating that future high-quality growth must occur under more open conditions [2] - China's GDP for the first half of the year reached 66.05 trillion yuan, with a year-on-year growth of 5.3%. The fixed asset investment grew by 2.8%, while real estate development investment fell by 11.2% [2] - In June, the industrial added value above designated size increased by 6.8% year-on-year, and the total retail sales of consumer goods grew by 4.8% [2] Group 2 - NVIDIA confirmed the resumption of H20 chip sales in China and announced a new GPU compatible with the Chinese market, with CEO Jensen Huang stating that the U.S. government has assured the granting of licenses [3] - Tencent and ByteDance have reportedly applied to purchase NVIDIA's H20 chips, although both companies have not responded to inquiries [3] Group 3 - The 10th round of the China-Australia annual meeting resulted in the signing of multiple cooperation documents in trade, customs inspection, and agriculture [4] - The Central Urban Work Conference highlighted the transition of urbanization in China from rapid growth to stable development, focusing on optimizing modern urban systems and building vibrant, green, and smart cities [4] - In June, housing prices in 70 cities showed a month-on-month decline, with 14 cities reporting an increase in new home prices, led by Shanghai and Changsha [4] Group 4 - China adjusted its export control technology catalog, removing three items and adding one, which includes restrictions on battery cathode material preparation technology [5] - Starting from July 15, domestic gasoline and diesel prices were reduced by 130 yuan and 125 yuan per ton, respectively [5] - The third China International Supply Chain Promotion Expo will open on July 16, featuring 1,200 exhibitors across six major supply chain service areas [5] Group 5 - A-share market showed divergence with over 4,000 stocks declining, while CPO concept stocks surged and real estate stocks showed signs of recovery [6] - The Hong Kong Hang Seng Index closed up 1.6%, reaching a new high since March, with significant net buying from southbound funds [7] - The Shanghai Stock Exchange has requested member brokers to prepare for investor suitability management related to the Sci-Tech Innovation Board [7] Group 6 - More than 57% of listed companies have issued positive profit forecasts for the first half of the year, with a nearly 70% increase in total expected net profits compared to the same period last year [8] - Over 3,420 listed companies have completed their annual profit distribution plans, with total cash distributions exceeding 2 trillion yuan [8] Group 7 - Major financial regulatory bodies are strengthening oversight of local asset management companies, prohibiting certain risky practices [10] - The Ministry of Industry and Information Technology plans to establish mandatory national standards for mobile power supplies to curb low-quality products [10] - The National Medical Insurance Administration has initiated the 11th batch of centralized drug procurement, including 55 varieties [10] Group 8 - The China Chain Store and Franchise Association has issued a proposal to regulate the instant retail market and resist price subsidy competition [11] - A meeting on potassium fertilizer supply and price stability was held, with companies acknowledging abnormal price increases [11] Group 9 - The U.S. stock market showed mixed results, with the Dow Jones down 0.98% and the Nasdaq up 0.18%, while major tech stocks like NVIDIA reached new highs [20] - European stock indices closed lower, influenced by new U.S. tariff policies and rising energy prices [20] - Morgan Stanley reported a 17% year-on-year decline in net profit for Q2, while BlackRock's adjusted earnings per share grew by 16% [20][21]