Core Viewpoint - The article emphasizes the emergence of the Shangjie H5 as a new contender in the 200,000 RMB SUV market, leveraging the strengths of both SAIC and Huawei to meet consumer demands for high-quality, intelligent electric vehicles [2][4][50]. Market Context - The automotive market is highly competitive, with consumers primarily seeking good vehicles rather than new brands. The success of models like the ZunJie S800 and Aion M8/M9 demonstrates the demand for quality products [2][3]. - The current market for 200,000 RMB SUVs is dominated by established models such as Volkswagen Tiguan and Toyota RAV4, which have annual sales exceeding 200,000 units [17]. Product Overview - The Shangjie H5 is a mid-to-large-sized new energy SUV, expected to launch in September 2023, offering both pure electric and range-extended powertrains [4][8]. - The vehicle features a wheelbase of 2840mm, a length of 4780mm, and a width of 1910mm, providing a spacious interior compared to competitors [14]. Technological Edge - The H5 will be equipped with Huawei's latest ADS 4 advanced driver-assistance system, showcasing a commitment to integrating cutting-edge technology into a competitively priced vehicle [7][8]. - The vehicle's pure electric range is expected to exceed 655 kilometers, with the range-extended version featuring a 32.6 kWh lithium iron phosphate battery [43]. Strategic Collaboration - The partnership between SAIC and Huawei combines SAIC's robust manufacturing capabilities and supply chain with Huawei's advanced technology and brand recognition, positioning Shangjie for success in the market [22][39]. - SAIC has established a comprehensive vertical supply chain and a strong talent pool, which will support the development and production of the Shangjie H5 [24][25]. Market Positioning - The Shangjie H5 aims to disrupt the 200,000 RMB SUV market by offering superior product features, intelligent technology, and competitive pricing, thus addressing a gap in the current market [18][43]. - The collaboration is expected to create a scalable brand that can leverage Huawei's technological advancements and SAIC's manufacturing prowess to achieve significant market penetration [46][50].

Core Viewpoint - The article discusses the rapid growth and market penetration of Chinese electric vehicle (EV) manufacturers, particularly BYD, in Brazil's automotive market, highlighting the shift from traditional fuel vehicles to electric vehicles driven by local consumer preferences and economic factors. Group 1: Market Dynamics - Brazil's automotive market has seen a significant increase in electric vehicle ownership, with a penetration rate rising from 6.26% in 2024 to 8.49% in the first five months of 2025, primarily driven by Chinese brands [7][8]. - In Rio de Janeiro, 90% of the electric vehicles on the streets are from Chinese brands, indicating a strong market presence [3]. - The Brazilian electric vehicle market is dominated by Chinese brands, which accounted for 91.4% of the total sales of imported electric vehicles in the first half of 2024, generating sales of $1.2 billion [3]. Group 2: Consumer Preferences - Brazilian consumers are increasingly favoring electric vehicles due to lower operating costs; for instance, a Chinese EV can save approximately 10,800 Brazilian Reais in fuel costs annually compared to gasoline vehicles [7][8]. - The average gasoline price is about 5.8 Reais per liter, while electricity costs only about 0.6 Reais per kilowatt-hour, making electric vehicles more economically viable [7]. Group 3: Local Production and Investment - BYD has established a factory in Brazil, which aims for over 90% localization in production, significantly reducing the need for imports [1][15]. - The factory in Camaçari represents a $5.5 billion investment, with an annual production capacity of 150,000 vehicles planned [15]. - The Brazilian government is encouraging local production through policies that will gradually increase import tariffs on electric vehicles, making local manufacturing more attractive [21][22]. Group 4: Competitive Landscape - Chinese EV manufacturers are competing directly with established foreign brands like Fiat, Volkswagen, and Hyundai, which have long dominated the Brazilian market [4][9]. - The competitive edge for Chinese brands lies in their advanced technology and cost-effective pricing, appealing to both ride-hailing drivers and private consumers [10][11]. Group 5: Future Outlook - The Brazilian government has set a target for electric vehicles to account for 30% of total vehicle sales by 2030, indicating a strong commitment to the EV sector [22]. - The influx of Chinese manufacturers is expected to reshape the automotive landscape in Brazil, challenging the dominance of traditional foreign brands and fostering a more competitive environment [24][25].

Group 1: Market Overview - Brazil's automotive market has grown significantly, with over 50 million vehicles, making it the sixth-largest automotive market globally [1] - Chinese electric vehicle (EV) manufacturers are rapidly entering the Brazilian market, with BYD recently launching its first locally produced vehicle after 15 months of factory setup [1][10] - The penetration rate of electric vehicles in Brazil is expected to exceed 6.26% in 2024 and further increase to 8.49% in the first five months of 2025 [5][6] Group 2: Consumer Preferences and Economic Factors - Brazilian consumers are increasingly favoring Chinese EVs due to their cost-effectiveness, with savings of approximately 20,000 RMB annually compared to gasoline vehicles [3] - The average gasoline price in Brazil is about 5.8 BRL per liter, while electricity costs only about 0.6 BRL per kWh, making EVs more attractive [5][6] - The total cost of ownership for EVs becomes more economical after three years of use compared to gasoline vehicles, considering lower maintenance and tax costs [6] Group 3: Competitive Landscape - Chinese brands dominate the EV market in Brazil, with 91.4% of imported new energy vehicles being from China, generating sales of 1.2 billion USD [3] - BYD and Great Wall Motors are among the top three EV manufacturers in Brazil, competing with established foreign brands like Fiat and Volkswagen [3][6] - The presence of Chinese EVs is impacting the sales and profitability of traditional gasoline vehicles, as noted by local dealers [9] Group 4: Local Production and Employment - BYD's factory in Brazil is expected to create 20,000 jobs and aims to produce 150,000 vehicles annually, with plans for further expansion based on market demand [10][12] - The Brazilian government is encouraging local production through tax incentives and support for green technology, aiming for 30% of vehicle sales to be EVs by 2030 [15][16] - The shift towards local manufacturing is seen as a response to increased import tariffs on electric vehicles, which will rise to 35% by 2026 [14] Group 5: Future Outlook - The Brazilian automotive industry is undergoing a transformation with the influx of Chinese EV manufacturers, which is expected to reshape the competitive landscape [16] - The establishment of local production facilities by companies like BYD and Great Wall Motors is part of a broader strategy to penetrate the Latin American market [13][16] - The growth of EV infrastructure, including charging stations, is crucial to support the increasing number of electric vehicles in Brazil [16]

这一成绩不仅标志着比亚迪在巴西市场的重要突破，也展现了中国品牌在全球汽车市场中的崛起。 -广告- 关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤锂电 资讯~ 本文来源：综合自易车、汽车行业快知道 6月6日，据多家媒体报道， 比亚迪在2025年5月的巴西轻型车零售市场上取得了重大突破，首次超越丰 田，成为当月销量排名第四的汽车品牌。 比亚迪在巴西市场的成功，得益于其在新能源汽车领域的技术优势，以及巴西市场对电动车和混动车型需 求量的不断上升。 目前，比亚迪已在巴西全国拥有180家授权经销商。这一布局不仅提升了比亚迪在巴西市场的销售能力， 也为其未来的市场拓展奠定了坚实基础。 进固态电池群 ，加小编微信：13248122922 注：添加好友请备注 公司名称、姓名、职务，入群需发送1张您的纸质名片~ 会议详情 I C C S I N O END 会议主办： 鑫椤资讯 会议时间： 2025年7月8-9日（8号报到） 会议地点： 中国·上海 会议咨询： 19921233064（微信同） 根据巴西全国汽车经销商联合会（Fenabrave）公布的新车上牌量统计数据显示，比亚迪在巴西市场的轻 ...

分析师：龙羽洁 登记编码：S0730523120001 汽车 投资要点： 风险提示： ）政策落地不及预期的风险 1 ； 2）行业需求不及预期的 风险； 3）行业竞争加剧的风险；4）智能化进展不及预期的风险。 轻工制造相对沪深 300 指数表现 1% 8% 16% 23% 31% 38% 汽车 沪深300 资料来源：中原证券，聚源 相关报告 longyj@ccnew.com 0371-65585753 以旧换新促进汽车消费，行业平稳增长 ——汽车行业月报 证券研究报告-行业月报 强于大市(维持) 发布日期：2025 年 05 月 20 日 《汽车行业月报：产销延续增长，新能源汽车 维持高增》 2025-04-22 《汽车行业月报：行业整体表现强劲，自主品 牌占比持续提升》 2025-03-25 《汽车行业月报：政策效能显著，12 月旺季 延续》 2024-12-24 联系人：李智 电话： 0371-65585629 本报告版权属于中原证券股份有限公司 www.ccnew.com 请阅读最后一页各项声明 第1页 / 共23页 -14% -7% 2024.05 2024.09 2025.01 2025.05 ⚫ 市 ...

尽管面临外部环境波动与库存压力，但在国家促消费政策推动下，很多省市出台并逐步落实了相应的促消费政策，叠加主机厂厂补加码、金融支 持、车展等线下活动的全面启动，4月车市走势良好。 乘联会数据显示，4月全国乘用车零售量达175.5万辆，同比增长14.5%，环比下降9.4%。今年以来累计零售687.2万辆，同比增长7.9%。乘联会表 示： 前几年国内车市零售呈现"前低后高"的走势，今年4月零售仅稍低于2018年4月181万的最高水平，处于历年4月零售历史高位。 乘联会指出，2025年4月乘用车市场的特征如下： 一、4月乘用车厂商批发和生产均创当月历史新高; 二、2025年1-3月乘用车国内零售实现6%的正增长，4月增速达14.5%，同比净增22万辆，实现2025年1-4月7.9%的超预期"开门红"; 三、今年直观的降价价格战稍显温和，但年款增配、调整车主权益等隐形优惠措施层出不穷。4月份仅有14款车型降价，较去年4月份 的41款和2023年4月份的19款数量大幅下降，体现了降价潮明显降温的特征。4月传统燃油车的促销幅度22.2%，较上月增0.1个点，燃 油车促销连续10个月稳定在22%左右; 四、4月自主品牌乘用车 ...

点击蓝字 关注我们 本文全文共 8853 字,阅读全文约需 29 分钟 年齡 高 全国乘用车市场分析 专业 | 共享 | 高效 | 创新 中国汽车流通协会乘用车市场信息联席分会 2025年4月9日 三灵 Contents 说明 批发销量: 国内外批发销量 狭义乘用车: 轿车、MPV、SUV 广义乘用车：轿车、MPV、SUV、微客 新能源市场：轿车、MPV、SUV BEV : 纯电动 PHEV: 插电混动 EREV: 塔程式混合动力 第9页面图中的 [ ii 商排名 总 本市场 .新能源市场 ▶2025年3月产量、零售、批发分析表 ◆2021-2025年3月新能源乘用车零售和批发销量走势图 四.市场分析 Lb ◆2025年3月产量分析表 ◆2025年3月零售和批发销量分析表 ◆2021-2025年3月获义乘用车零售和批发销量走势图 ◆2025年3月获义乘用车零售销量TOP10 ◆2025年3月狭义乘用车批发销量TOP10 ◆2025年3月广义乘用车零售销量TOP10 ◆2025年3月广义乘用车批发销量TOP10 ◆2025年3月全国乘用车市场回顾 ◆2025年4月全国乘用车市场展望 ◆2025年1-2月汽车行业 ...