8月26日晚，极氪科技集团副总裁、领克品牌产品组长朱凌博士发文称，由于工作岗位变动，不再适合代表极氪和 领克发布信息和表达观点。新岗位去向仍待官方公布。 公开资料显示，朱凌于2014年加入吉利汽车。2025年初，在极氪与领克合并成立极氪科技之后，朱凌担任极氪科 技集团副总裁，负责产品研发及相关工作。 资料显示，极氪品牌7月销量为16,977辆，同比微增8%。1-7月累计销售107,717辆，同比增长4%，增速相对平稳。 领克品牌7月销量为27,216辆，同比增长28%。1-7月累计销售181,353辆，同比增长23%，保持稳健增长。 朱凌表示，从去年十二月开始兼管领克，到现在开始陆续交作业。除了全新的07、08，接下来还有几款作业会陆 续发布，包括第三代的03、03+，同时还有极氪007的年款、极氪7x的年款以及极氪X的年款。 （校对/黄仁贵） ...

摘要 吉利汽车 2025 年上半年销量达 141 万辆，二季度经营性利润约 31 亿 人民币，上半年累计约 66 亿人民币，符合市场预期。 吉利汽车上调全年销量预期至 300 万辆，预计全年经营性利润可达 140 亿人民币，主要受益于下半年新车型发布及高端化产品放量。 吉利燃油车在萎缩市场中逆势增长，出口预计达 45 万辆，俄罗斯市场 占比约 20%，受益于购置税政策，预计未来保持增长。 银河系列产品表现良好，银河 M9 订单超预期，心愿车型销量稳定，星 耀 8 以 A 级价格定位 B 级插混车型，月销破万。 吉利发布多款高端 SUV，包括银河 M9、领克 900 和极氪 9X，分别定 位于不同价格带，明确大六座 SUV 市场策略。 吉利整合极氪和领克，通过流程、采购、研发融合控本降费，极氪一季 度扭亏为盈，计划 9 月将极氪并入上市公司主体。 极氪品牌 001 和 007 销量稳定，9X 预计 8 月底预售，全年预计销量接 近 30 万辆；领克品牌将推出 EMP 中大型轿车领克 10 及纯电产品 Z10 和 Z20。 吉利汽车 20250824 Q&A 吉利汽车在当前行业变革期的表现如何？ 吉利汽车在当前行 ...

智通财经记者 | 周姝祺 极氪距离回归吉利汽车再进一步。 日前，在吉利汽车中期业绩报告披露会上，吉利汽车控股有限公司行政总裁桂生悦接受智通财经等媒体 表示，在9月吉利汽车股东大会和极氪科技股东大会都通过要约收购协议后，极氪即与吉利汽车完成法 律上合并，整体交割工作预计在年底前完成。 一个月前，吉利汽车（HK：0175）与极氪（NYSE：ZK）正式签署合并协议，吉利汽车将收购其尚未 持有的全部极氪股份（34.3%），极氪股东可选择以现金或置换吉利汽车股份作为对价。合并完成后， 极氪将成为吉利汽车的全资附属公司，并于纽交所退市。 吉利汽车对极氪的正式购买价为每股2.687美元或每股美国存托股票26.87美元。如果采用全现金方式回 收股份，将占用吉利汽车现金流达到24亿美元（约合人民币172.44亿元）。 桂生悦透露，多数极氪投资者选择换股，转而持有合并后吉利汽车的股票。以目前吉利汽车现金储备量 计算，足以支付这笔收购费用。根据吉利汽车中期业绩报数据，该公司总现金水平为588亿元。 极氪整合回归吉利汽车，服务于吉利控股集团于去年制定的"一个吉利"战略计划。这是吉利汽车时隔10 年再度提出内部品牌和资源协同整合，旨在 ...

Core Viewpoint - Tesla has launched the Model Y L in China, priced starting at 339,000 yuan, with deliveries expected in September 2023, amid increasing market competition and declining sales figures [1][3]. Group 1: Product Launch and Specifications - The Model Y L is a large six-seat pure electric SUV, featuring a body length increase of 179mm and a wheelbase extension of 150mm compared to the standard Model Y [3]. - It is equipped with a dual-motor all-wheel drive system, achieving a 0-100 km/h acceleration in just 4.5 seconds, and has a CLTC range of 751 km powered by an 82 kWh lithium-ion battery [3]. Group 2: Market Context and Competition - Tesla's global delivery volume for the first half of the year was 721,000 units, reflecting a 13% year-on-year decline, with China-specific wholesale and retail volumes dropping by 14.6% and 5.4% respectively [3][4]. - The domestic market for electric vehicles priced between 250,000 and 300,000 yuan is highly competitive, with brands like Xiaomi, Zeekr, Xpeng, and Li Auto gaining traction [4][5]. - The introduction of the Model Y L aims to fill a gap in the six-seat mid-size pure electric SUV segment, expanding Tesla's market coverage and catering to family-oriented consumers [5][6].

Core Insights - Geely Automobile reported a revenue of 150.28 billion yuan for the first half of 2023, marking a 27% year-on-year increase, while net profit attributable to shareholders decreased by 14% to 9.29 billion yuan [1][5] - The company achieved a sales volume of 1.409 million vehicles, a 47% increase year-on-year, making it one of the fastest-growing car manufacturers in China [3][9] - Geely's Galaxy brand saw exceptional growth, with sales reaching 548,000 units, a staggering 232% increase year-on-year [3][7] Financial Performance - Revenue reached a historical high of 150.28 billion yuan, while net profit fell to 9.29 billion yuan, primarily due to a one-time gain from a transaction with Renault in the previous year [5][11] - The gross profit margin slightly decreased by 0.3 percentage points to 16.4% [5][7] - Core net profit, excluding foreign exchange losses, was 6.66 billion yuan, representing a 102% increase compared to the previous year [5] Market Position and Strategy - Geely is narrowing the market share gap with leading competitors like BYD, with the difference now reduced to 4 percentage points [3][11] - The company plans to increase its annual sales target from 2.71 million to 3 million vehicles [9][10] - The merger with Zeekr is ongoing, with shareholder meetings scheduled for September to finalize the legal completion of the merger [10][11] Product Development and Sales - Geely Galaxy has become the main force in the company's new energy vehicle segment, contributing over half of the group's total new energy vehicle sales [7][9] - The company plans to launch several new models, including the Galaxy A7 and Galaxy M9, aiming for a total sales target of 1 million units for the Galaxy brand [10][11] - The Lynk & Co brand sold 154,000 vehicles, a 22% increase, while Zeekr's sales reached 91,000 units, a 3% increase [8]

Core Insights - The article reports on the results of the 2025 New Energy Extreme Range Test conducted by Yiche, highlighting the performance of various electric vehicles in terms of maximum range [1] Electric Sedan Rankings - The top three electric sedans based on extreme range are: - Xiaomi SU7 with a maximum range of 457.7 km - Zeekr 007 with 408.3 km - BYD Han L with 376.1 km [1] Electric SUV Rankings - The leading electric SUVs in terms of extreme range are: - YU7 with 393.4 km - Li Auto i8 with 378.0 km - Zeekr 7x with 366.1 km [1] Testing Conditions - The range results were obtained under specific conditions: full vehicle load, air conditioning set to 22°C in AUTO mode, and a constant speed of 120 km/h on a high-speed circuit [1] Hybrid SUV Rankings - In the three-row hybrid SUV category, the Wei brand Blue Mountain achieved a maximum range of 1079.2 km, securing the top position [1]

Core Viewpoint - The Ministry of Industry and Information Technology has announced the new models of Zeekr 001, indicating advancements in electric vehicle technology and product offerings from the company [1] Group 1: Product Specifications - The new Zeekr 001 model has three versions approved, with dimensions of 4977mm in length, 1999mm in width, and a height of 1545/1533mm, and a wheelbase of 3005mm [1] - The single motor version has a maximum power output of 370kW, while the dual motor version has a total power of 680kW, with front and rear power outputs of 310kW and 370kW respectively [1] - The vehicle will utilize both ternary lithium-ion batteries from Geely and lithium iron phosphate batteries from Jiyou [1] Group 2: Product Update Plans - Zeekr has announced its product update plan for the second half of the year, which includes models such as Zeekr X, Zeekr 007, Zeekr 001, and Zeekr 7X [1] - The Zeekr 007 will see adjustments in interior and exterior details, while the assisted driving system and battery drive system will remain unchanged [1] - The Zeekr 001 will feature the Thor-U chip and a 900V high-voltage system, along with minor adjustments to interior and exterior details [1] - Some models of the Zeekr 7X will also be equipped with the Thor-U chip and 900V high-voltage system, with similar minor adjustments to details [1]

Core Viewpoint - Zeekr has been accused of selling previously insured and registered vehicles as new cars, leading to numerous consumer complaints and allegations of misleading sales practices [1][4][5]. Group 1: Consumer Complaints - Consumers in multiple regions, including Guizhou, Chongqing, and Guangzhou, discovered that the "new cars" they purchased had already been insured and registered, effectively making them "used cars" [4][5]. - When consumers sought refunds or compensation, they often faced evasion or denial from the company [5][11]. - Affected consumers reported that sales personnel misrepresented vehicle information, claiming the cars were new and had not been insured [10][11]. Group 2: Sales Practices and Market Impact - The practice of selling "0-kilometer used cars," which are vehicles that have been registered but not used, has emerged as a tactic to inflate sales figures and create a false sense of demand [8][12]. - Industry experts suggest that some automakers are using these tactics to manipulate financial reports and mislead the capital market regarding actual supply and demand [12]. - Data from the China Passenger Car Association indicates that Zeekr's production in 2024 exceeded its sales, suggesting a need to offload excess inventory [11]. Group 3: Financial Performance - Zeekr reported a total sales volume of 43,012 units in June, but the core brand's delivery was only 16,702 units, reflecting a year-on-year decline of 17% [13]. - The company has accumulated significant net losses over the years, totaling 26.22 billion yuan from 2021 to 2024, with a slight reduction in losses in the first quarter of 2025 [13]. Group 4: Industry Context - The rise of "0-kilometer used cars" is attributed to increased competition and inventory pressure within the automotive market, leading manufacturers to adopt aggressive sales strategies [15][17]. - The China Automobile Dealers Association reported that the national used car transaction volume reached 19.61 million units in 2024, with an estimated 5% to 8% of these being "0-kilometer used cars" [18].

Core Viewpoint - Geely Holding Group is advancing its "One Geely" strategy by signing a merger agreement with Zeekr to acquire all outstanding shares, aiming to enhance its global competitiveness in the smart electric vehicle sector [2][4]. Company Developments - Geely plans to pay approximately $2.399 billion (about 17.199 billion RMB) for the full privatization of Zeekr, which will become a wholly-owned subsidiary post-merger [4]. - The merger is expected to be financed through internal resources or debt [4]. - Geely's sales target for 2025 has been raised by about 11%, from 2.71 million to 3 million units, reflecting strong sales growth [3][15]. Market Positioning - The merger aims to combine Zeekr's strengths in the luxury electric vehicle market with Geely's established presence in the mainstream market, enhancing overall competitiveness and corporate value [5]. - Geely's CEO stated that the merger will create a win-win situation and drive superior development for the combined company [5]. Financial Performance - In the first half of 2025, Geely's total sales reached 1.4092 million units, a year-on-year increase of 47% [14]. - Zeekr's sales in the first half of 2025 were 90,700 units, a 3% increase year-on-year, while Lynk & Co's sales were 154,100 units, up 22% [16]. Strategic Integration - Following the "Taizhou Declaration," Geely is focusing on strategic integration across its business segments, including Zeekr and Lynk & Co, to enhance collaboration in technology, product development, and market expansion [5][6]. - The newly formed Zeekr Technology Group will aim to achieve an annual production and sales volume of one million units by the end of 2026 [6]. Product Development - Zeekr's product lineup includes several models, with an average vehicle price of nearly 300,000 RMB and a highest price close to 900,000 RMB, positioning it firmly in the high-end luxury market [18]. - The upcoming launch of the full-size ultra-luxury SUV, Zeekr 9X, is expected to further enrich the product matrix [17].

Group 1: Advanced Manufacturing Sector - The sales of Zeekr cars have significantly declined, with June sales at 16,702 units, a year-on-year decrease of 16.93%, and a total of 90,740 units sold in the first half of 2025, reflecting a growth of only 3.26% compared to the previous year, which is a stark drop from the 106.1% growth rate in 2024 [1][2] - The brand's reliance on a few popular models, particularly the Zeekr 001 and 7X, which accounted for nearly 70% of total sales in 2024, has led to market share erosion due to increased competition from models like Xiaomi SU7 and XPeng P7i [2] - Frequent quality issues have undermined brand trust, with Zeekr 001 receiving a high number of complaints related to battery failures and unfulfilled smart driving features [2] Group 2: Consumer Sector - Ecovacs has reported a significant increase in performance for the first half of 2025, with net profit expected to be between 960 million to 990 million yuan, representing a year-on-year growth of 57.64% to 62.57% [4] - The strong performance is closely tied to the robust sales of the company's vacuum cleaner business, which saw a 51% increase in online sales in the second quarter of 2025 [4] - The market for vacuum and washing machines continues to thrive, driven by government subsidy policies, with online sales for these categories growing by 36% and 41% respectively in the second quarter of 2025 [4]