关注 「电动车公社」 和我们一起重新思考汽车 新的一年已经到来，先祝大家2026年新年快乐！ 随着新年钟声敲响，各家车企也迎来一整年的完美收官。新能源汽车整体渗透率同步登上高位，一次次刷新月销量成绩单，最终拿出了优异的年终总结。 话不多说，让我们一起来看看12月份各家的表现吧~ 比亚迪12月乘用车销量414784台 12月，比亚迪乘用车销量414784台。其中方程豹50868台，腾势18139台。比亚迪乘用车全年累计销量4545423台。 1、 今年比亚迪平均单月销量超过37万辆， 再度成为不用加定语的自主品牌销冠， 保持着新能源领域的断崖式领先。值得关注的还有比亚迪12月份 出口量大幅增 长，全年出口量突 破100万辆。 最近 一段时间比亚迪各个子品牌销量全线上升，钛系列的飞速增长让方程豹成为最大惊喜。相信在未来很长一段时间，比亚 迪依然会保持销量上的领先。 2、 吉利汽车12月新能源销量154264台 吉利汽车12月总销量236817台，其中新能源销量154264台。细分品牌方面，银河品牌100694台，领克品牌33751台， 极氪品牌30267台。吉利汽车全年销量 3024567台。 "持续向前"是吉利 ...

转自：车评社 极石汽车是一个小众品牌，但是11月表现尚可，极石01在国内市场售出1452辆，在增程中大型SUV领域 排名第7，仅次于智界R7。更意味的是海外市场，极石ADAMAS一个月内就收获超2000张订单，咱们来 看看这款新车有哪些亮点？ 内饰的配色选择更加时髦，新增了星河紫配色可选，质感和高级感都是不错的。另外，冰箱彩电大沙发 也是一应俱全，前排配备15.7英寸中控屏和12.3英寸液晶仪表的组合，二排嗲有零重力座椅和娱乐屏 幕，电吸门在同价位也是比较高级的配置。 除了2+2+2的6座布局，新车还提供2+2+3的7座布局可选。安全性方面还配备了8个安全气囊，辅助驾驶 系统达到L2级别，支持广速域全场景AEB。 硬件能力也很到位，动力为1.5T增程器与电机组成的增程系统，双电机车型的综合最大功率为 350KW，动力电池容量为44.5kWh，CLTC纯电续航可达215km，并支持对外放电。底盘还配备了空气 悬架，调节行程可达140mm。 外观部分，极石ADAMAS基本延续了以往的风格，车身轮廓看起来相当硬朗，拥有较强的气场，方盒 子的造型甚至有些路虎发现4的味道。同时，新车的细节设计又更具科技感，包括：造型狭 ...

"第一个1万台我们用了17个月，而第二个1万台我们缩短到了7个月。下一个1万台，我们有信心要再快 一倍。"极石汽车创始人、CEO闫枫表示，"2026年，极石汽车将全力冲击全球销量3万台的目标。" 与此同时，伴随新车上市及销量增长，2026年极石汽车将发力中国市场。"2026年，我们将在中国正式 启动代理合作模式。"闫枫说，"产品上，我们将保持每年至少一款新车的节奏，持续完善全地形产品矩 阵，基于全新平台的下一代产品，也已进入研发快车道。" 继11月在2025广州车展上亮相后，极石ADAMAS迎来国内上市，正式开启极石汽车国内外市场协同并 进的新阶段。 12月28日，极石汽车品牌战略及新车上市发布会在北京举行。"全地形豪华SUV"极石ADAMAS中国版 正式上市，官方指导价34.99万-35.99万元，上市权益价33.49万-34.49万元。 极石汽车成立于2021年，定位于专注户外出行的新能源汽车高端品牌，2023年8月推出其首款车型—— 中大型智能豪华SUV极石01。相比于多数汽车品牌先国内后国外的发展路径，极石汽车目前销量主要来 自海外市场。据介绍，在过去不到两年的时间里，极石汽车已进入全球40多个国家和 ...

Core Viewpoint - The Chinese automotive market in 2025 is characterized by a stark contrast between industry consolidation and the influx of new entrants, with companies like Weiqiao Group making significant moves into the electric vehicle sector amid challenges in their traditional businesses [4][5]. Group 1: Industry Challenges and New Entrants - Several established automotive companies, including Hozon Auto and GAC Fiat, have declared bankruptcy, indicating a harsh industry shakeout [5]. - New players, such as Chasing Technology and Weiqiao Group, are entering the market, driven by government support and the need for diversification from struggling core businesses [5][9]. Group 2: Weiqiao Group's Background and Strategy - Weiqiao Group, originally established in 1951, has diversified into various sectors, including textiles and aluminum, and has been listed among the Fortune Global 500 for 13 consecutive years [7]. - The company faced significant challenges in its textile and aluminum businesses, with textile profits dropping by 24.8% in 2022 and a major environmental crackdown affecting aluminum production [9][10]. - Following these setbacks, Weiqiao Group shifted its focus to the electric vehicle sector, motivated by favorable government policies and the need for new growth avenues [12][19]. Group 3: Leadership and Vision - Zhang Bo, the son of the founder, took over leadership in 2018 and has been pivotal in steering the company towards the automotive industry, emphasizing the importance of aligning new ventures with the company's core competencies [16][22]. - Under Zhang Bo's leadership, Weiqiao Group has made strategic partnerships and investments in the electric vehicle space, including collaborations with research institutions and other automotive companies [17][22]. Group 4: Automotive Brand Development - Weiqiao Group has established four automotive brands: 212, Jishi, Ruisheng, and Leichi, covering a wide range of market segments from commercial to passenger vehicles [32]. - The company has adopted a strategy of acquiring existing automotive assets and brands rather than starting from scratch, which allows for quicker market entry and leveraging existing capabilities [33]. - The 212 brand has been particularly notable, with a range of models priced between 139,900 to 188,800 yuan, although it has faced challenges such as product quality issues and trademark disputes [23][32]. Group 5: Future Outlook - Weiqiao Group's automotive ventures are seen as a new hope for the company, with significant revenue growth reported in 2024, but they also introduce new uncertainties and risks [22][32].

Group 1 - The core viewpoint of the article highlights the strong performance of various electric vehicle manufacturers in November, showcasing significant sales growth and market competition as the year comes to a close [1][7][8]. Group 2 - BYD sold 474,921 passenger vehicles in November, with a total of over 4.18 million units sold in the first 11 months of the year, maintaining a leading position in the new energy sector [2][7]. - Geely's November sales reached 310,428 units, with 187,798 units being new energy vehicles, marking a continuous growth trend for nine months [8][13]. - SAIC-GM-Wuling achieved 161,726 total sales in November, with 118,726 units being new energy vehicles, driven by the popularity of the Hongguang MINI EV family [14][16]. - Chery sold 255,809 vehicles in November, with 110,017 being new energy vehicles, indicating a strong commitment to the new energy market [18][20]. - Hongmeng Zhixing delivered 81,864 units in November, benefiting from strong demand for its models and technological advancements [21][23]. - Leap Motor delivered 70,327 units in November, with a focus on self-research and a diverse product line [25]. - Great Wall Motors sold 133,216 vehicles in November, with 40,113 being new energy vehicles, showing significant growth in the new energy segment [26][29]. - Xiaomi's sales exceeded 40,000 units in November, with expectations for further growth as production capacity improves [30][32]. - XPeng Motors delivered 36,728 units in November, with a year-to-date growth of 156% [34]. - NIO delivered 36,275 units in November, with notable performance from its various brands [38]. - Li Auto delivered 33,181 units in November, facing competitive pressures but maintaining a positive outlook [40]. - Deep Blue Automotive achieved 33,060 global deliveries in November, with strong performance from its S05 model [42]. - BAIC New Energy sold 32,328 units in November, with a focus on increasing its annual sales [43][46]. - Lantu Automotive delivered 20,005 units in November, marking a significant milestone for the brand [47][48]. - Bestune sold 19,520 vehicles in November, with a strong focus on appealing to younger consumers [49][51]. - Avita achieved a record high of 14,057 units in November, reflecting significant progress and future market potential [52]. - Zhiji Automotive delivered 13,577 units in November, expanding its product offerings while maintaining a focus on electric vehicles [55]. - Jishi Automotive saw a steady increase in sales, particularly in international markets, indicating a successful product strategy [57].

产品层面,极石01的差异化定位获得市场认可。这款定价29.99-35.99万元的中高端增程式混动SUV,以全 地形系统、700mm涉水深度及车载厨房、车顶帐篷等露营配置为核心卖点,精准切入户外出行细分市 场。 从销量走势来看,极石汽车自2025年6月交付量突破1200台后,呈现稳步攀升态势。数据显示,6月至10月交 付量分别为1259台、1316台、1358台、1398台及1426台,连续多月环比增速维持在3%-5%区间,增长韧性 显著。这一表现与年初相比已有明显改善, 海外市场的突破性表现成为销量增长的重要引擎。据了解,定位豪华市场的极石01沙特版在中东市场持 续热销,凭借阿拉伯语语音系统、沙地模式等定制化配置,在当地50万元以上豪华SUV市场占据6%份额, 仅次于路虎卫士等传统豪华品牌。2024年在中东、东南亚等20多国建立的销售网络正持续释放增量,迪 拜、马尼拉等旗舰门店的辐射效应逐步显现。 近期极石汽车官方发布最新交付数据,旗下唯一量产车型极石01在10月实现交付1426台,环比增长5.01%, 连续保持单月交付量破千的稳定表现,进一步巩固了品牌在新能源中高端SUV市场的地位。 不过行业竞争仍不容忽视 ...

Core Viewpoint - The article highlights the journey of a new automotive brand, 极石 (Jishi), which undertook an 81-day expedition covering 25,000 kilometers across 13 countries, showcasing its vehicle's capabilities in extreme conditions and emphasizing the brand's commitment to quality and reliability in the competitive automotive market [1][6][63]. Group 1: Expedition Challenges - The expedition faced numerous challenges, including a tire blowout on a dangerous road, which tested the team's resolve and the vehicle's durability [5][10]. - The team had a tight schedule, needing to reach Abu Dhabi for a global product launch, which added pressure to their journey [6][8]. - The journey was marked by extreme weather conditions and varied terrains, requiring the team to adapt quickly and maintain a rigorous driving schedule [21][25]. Group 2: Brand Philosophy and Strategy - The founders of 极石 aimed to fill a market gap for a vehicle that combines luxury with off-road capabilities, avoiding the pitfalls of other brands that overextended themselves in technology or market reach [19][20]. - The company established three key principles to guide its operations: focusing on a niche market, investing in essential vehicle components, and maintaining a lean operational model [19][20]. - The brand's approach contrasts with competitors who prioritize rapid growth and technological gimmicks, positioning 极石 as a reliable choice for consumers seeking adventure and comfort [11][19]. Group 3: Market Reception and Future Prospects - The vehicle, 极石 01, has gained traction in the Middle East, being recognized for its performance and even referred to as a "Defender killer" by local media [39][72]. - The brand's strategy of cultural adaptation, such as offering Arabic language support in its vehicle systems, has resonated well with local consumers, enhancing its market presence [69][72]. - The successful completion of the expedition and the subsequent product launch have positioned 极石 favorably in the competitive landscape, with significant orders received shortly after entering the market [72][86].

Core Insights - Sharp has ventured into the automotive industry by unveiling its LDK+ electric MPV concept car at the Tokyo Motor Show, which is designed to be an extension of the living room and is expected to launch in 2027 [1] - The concept features rotating seats, a retractable screen for cinema-like experiences, and AIoT connectivity that allows integration with home appliances [1] Industry Trends - The home appliance market has become increasingly competitive, prompting companies to explore new growth avenues such as automotive manufacturing [2] - Xiaomi's smart electric vehicle and AI business saw a gross margin increase to 26.4% in Q2, while its IoT and lifestyle products achieved a gross margin of 22.5%, indicating strong performance compared to other appliance manufacturers [2] Strategic Advantages - Home appliance companies possess inherent advantages in entering the automotive sector, as they can leverage their expertise in smart connectivity and the overlapping user demographics between home appliances and vehicles [3] Company Strategies - Haier has entered the used car market through its subsidiary, Katai Chi, and invested $1.8 billion to acquire a controlling stake in Autohome, further integrating into the automotive supply chain [4] - Midea focuses on core automotive components rather than manufacturing vehicles, committing $1 billion over ten years to develop leading technologies in this area [4] - Gree has invested in the bus sector, acquiring a controlling stake in Yinlong New Energy and rebranding it as Gree Titanium, with its batteries being used in public transport [4] Emerging Players - Skyworth has invested 10 billion yuan in automotive ventures, with plans to invest an additional 30 billion yuan, aiming to rank among the top 10 global automotive manufacturers [5] - Stone Technology has launched its electric vehicle, Extreme Stone 01, which has seen increasing sales, achieving 1,426 units in October [5] - New entrants like Chasing have announced plans to manufacture vehicles, targeting high-end markets with ambitions to compete with brands like Bugatti and Rolls Royce [5]

Core Insights - Stone Technology is facing contradictions in its financial performance, with a significant cash reserve of 6.5 billion yuan yet seeking to raise 3.5 billion yuan through a Hong Kong IPO, while experiencing a nearly 40% drop in net profit despite a record high revenue in the first half of 2025 [1][11] Financial Performance - In the first half of 2025, Stone Technology reported a revenue of 7.903 billion yuan, marking a year-on-year increase of nearly 79%, the highest since its listing; however, the net profit attributable to shareholders plummeted by nearly 40% to 678 million yuan, the largest decline since its IPO [3][4] - The company's sales expenses surged to 2.165 billion yuan, with advertising and marketing costs alone reaching 1.505 billion yuan, a 165% increase year-on-year, contrasting sharply with R&D expenses of only 685 million yuan [3] - Operating cash flow turned negative for the first time, at -823 million yuan, a year-on-year decline of 179.84%, alongside a significant inventory buildup of 3.13 billion yuan [3][4] Market Position and Competition - Stone Technology has expanded its global presence to over 170 countries, achieving over 50% market share in key regions like South Korea and Northern Europe; it led the global market in both shipment volume and sales in 2024 [5][6] - The company holds a 15.2% share of the global cleaning appliance market and a 20.7% share in the robotic vacuum segment, indicating strong market leadership [5] Strategic Challenges - The dual role of founder Chang Jing as both the chairman of Stone Technology and the founder of electric vehicle startup Extreme Stone has raised concerns about divided attention impacting performance [2][7] - The company faces intense competition in the robotic vacuum market from rivals like Ecovacs and new entrants, alongside regulatory inquiries regarding data security and compliance issues [2][11] Brand and Product Development - Despite contributing 91% of revenue in 2024, the core product line is under pressure, with rising complaints about product quality and after-sales service, totaling over 2,700 complaints [10] - The company's attempt to diversify into washing machines faced setbacks, with reports of a 70% workforce reduction in the washing machine division within a year of its establishment [8] Investor Sentiment and Stock Performance - The stock price has plummeted over 87% from its peak of 1,494.99 yuan per share in 2021, resulting in a market capitalization loss of nearly 60 billion yuan [11] - To restore investor confidence, the company announced that Chang Jing would not sell any shares for the next 12 months, although his previous cash-out of 888 million yuan has raised trust issues among investors [10][11]

Core Viewpoint - Stone Technology is facing significant challenges despite its strong revenue growth, including a sharp decline in net profit and concerns over corporate governance and market competition [1][5][29]. Financial Performance - In the first half of 2025, Stone Technology's revenue reached 79.03 billion RMB, a year-on-year increase of nearly 79%, marking a record high since its listing [6]. - However, the net profit attributable to shareholders dropped by nearly 40% to 6.78 billion RMB, the largest decline since its IPO [6][9]. - The company's operating cash flow turned negative for the first time, at -8.23 billion RMB, a year-on-year decrease of 179.84% [8]. Market Position - Stone Technology holds a 16.0% market share in global smart vacuum cleaner shipments for 2024, leading the market [2]. - The company has expanded its global presence to over 170 countries, with significant market shares in key regions like South Korea and Northern Europe [10]. Competitive Landscape - The smart vacuum cleaner market is highly competitive, with strong domestic competitors like Ecovacs and Dreame, as well as new entrants [5]. - Stone Technology's gross margin fell to 44.56%, down 9.25 percentage points year-on-year, indicating challenges in profitability compared to competitors [9]. Corporate Governance and Leadership Concerns - The dual role of founder Chang Jing as both the chairman of Stone Technology and the founder of electric vehicle startup Extreme Stone has raised concerns about divided attention and its impact on performance [3][24]. - Chang Jing's significant stock sales, totaling 8.88 billion RMB, have led to a trust deficit among investors, contrasting with his public calls for patience [24][29]. Strategic Initiatives - The company plans to use funds from its Hong Kong IPO to enhance international business expansion, brand awareness, R&D capabilities, and product diversification [29]. - Despite the challenges, Stone Technology's overseas revenue growth rate of 51.06% significantly outpaces the domestic market's 25.39% [10].