在品牌角力愈发激烈、行业加速洗牌的背景下，赛力斯交出了一份亮眼的答卷：12月新能源汽车销量达到60981辆，同比激增63.40%，首次突破6万，且连 续三个月单月销量突破5万大关；全年累计销量472269辆，同比增长10.63%，创下年度销量新里程碑。 2025年中国新能源汽车市场迎来历史性拐点，渗透率突破60%的同时，行业竞争完成从价格战向高端化、智能化价值竞争的深刻转型。 其中，问界系列全年交付超42万辆，成为驱动企业增长的核心引擎。这份成绩单的背后，是赛力斯"高质量增长"战略的成功实践——在产品端，问界系列在 高端市场实现绝对引领，在资本端，公司成功登陆港股，获得国际投资者认可。产品与资本的双重突破，不仅印证了其"高端化"战略的前瞻性，彰显中国品 牌已正式掌握豪华车市场话语权，更展现出其从"中国样本"稳步迈向全球舞台的坚实步伐。 一、产品矩阵精准破局，问界引领高端市场实现量价齐升 产品是企业竞争的核心载体，赛力斯2025年的高质量增长，首先得益于产品矩阵的精准布局与高端化突破。 面对2025年百余款新能源车型密集上市、竞争激烈的市场格局，赛力斯精准锚定30-50万元级豪华细分市场，持续丰富产品序列，形成 ...

2025年中国新能源汽车市场迎来历史性拐点，渗透率突破60%的同时，行业竞争完成从价格战向高端化、智能化价值竞争的深刻转型。 在品牌角力愈发激烈、行业加速洗牌的背景下，赛力斯交出了一份亮眼的答卷：12月新能源汽车销量达到60981辆，同比激增63.40%，首次突破6万，且连 续三个月单月销量突破5万大关；全年累计销量472269辆，同比增长10.63%，创下年度销量新里程碑。 其中，问界系列全年交付超42万辆，成为驱动企业增长的核心引擎。这份成绩单的背后，是赛力斯"高质量增长"战略的成功实践——在产品端，问界系列在 高端市场实现绝对引领，在资本端，公司成功登陆港股，获得国际投资者认可。产品与资本的双重突破，不仅印证了其"高端化"战略的前瞻性，彰显中国品 牌已正式掌握豪华车市场话语权，更展现出其从"中国样本"稳步迈向全球舞台的坚实步伐。 一、产品矩阵精准破局，问界引领高端市场实现量价齐升 产品是企业竞争的核心载体，赛力斯2025年的高质量增长，首先得益于产品矩阵的精准布局与高端化突破。 面对2025年百余款新能源车型密集上市、竞争激烈的市场格局，赛力斯精准锚定30-50万元级豪华细分市场，持续丰富产品序列，形成 ...

2025年，中国新能源汽车渗透率已突破50%，市场从"增量扩张"迈入"存量博弈"，短期营销与政策红利 逐渐消退，竞争重心回归企业自身——技术的厚度、创新的力度，以及智造与供应链的协同效率。唯有 构建持续进化的"技术体系力"，方能在红海中开拓属于自己的蓝海。 数据显示，赛力斯新能源汽车2025年12月销量60,981辆，同比增长63.40%，首次突破6万辆大关；1-12 月累计销量达472,269辆，同比增长10.63%。作为新质生产力代表的赛力斯，正是以"技术体系力"实现 高质量发展的生动样本。 据悉，赛力斯深耕电动化、智能化核心技术，先后落地了赛力斯魔方技术平台2.0、赛力斯超级增程、 赛力斯超级工厂、赛力斯智能安全体系等一系列技术成果，助力问界汽车实现热销。一系列技术成果背 后，是赛力斯在研发上的"重仓押注"。数据显示，2024年赛力斯累计研发投入高达70.53亿元，而2025 年仅上半年研发投入就达到51.98亿元，同比劲增154.9%。这种聚焦长期价值的投入，不仅为问界产品 领先与品牌向上筑牢根基，也为中国豪华新能源车领域树立了"技术立身"的标杆。 赛力斯魔方技术平台2.0 开启"AI定义汽车"新时代 ...

其中，问界2025年12月交付新车超5.7万辆，刷新单月交付纪录；2025全年累计交付新车突破42万辆， 领跑高端新能源汽车市场。 1月5日晚间，赛力斯(601127)发布2025年12月产销快报。当月，赛力斯新能源汽车销量60981辆，同比 增长63.40%，已连续三个月单月销量突破5万大关；2025年全年累计销量达472269辆，同比增长 10.63%，创下年度销量新里程碑。 资本层面，赛力斯同样实现重要跨越。2025年11月，赛力斯成功登陆港股，成为首家实现"A+H"两地上 市的豪华新能源车企。这一里程碑事件，不仅为赛力斯未来全球资源整合、技术研发协同、品牌价值提 升开辟更广阔空间，更将向国际资本市场展示中国新能源车企在高端市场的核心竞争力，助力"中国智 造"在全球高端新能源汽车领域进一步突破。同期，公司首次入选中证A100指数，进一步印证了其在A 股新能源汽车领域的龙头地位。 展望未来，赛力斯表示将继续以用户为中心、以技术为引擎，在智能电动汽车的赛道上稳步前行，致力 于打造更具竞争力与影响力的全球新能源汽车产品，引领行业迈向高质量发展新阶段。 （文章来源：证券时报网） 2025年，赛力斯坚持"软件定义 ...

1月5日，赛力斯发布2025年12月产销快报。数据显示，赛力斯新能源汽车12月销量60,981辆，同比增长 63.40%，已连续三个月单月销量突破5万大关；1-12月累计销量达472,269辆，同比增长10.63%，迎来年 度销量新里程碑。问界2025年12月交付新车超5.7万辆，创单月交付新纪录；2025全年累计交付新车突 破42万辆，领跑高端新能源汽车市场。 2025年，赛力斯坚持"软件定义汽车"的技术路线和"用户定义汽车"的市场导向，持续深耕高端化、智能 化、绿色化发展路径。通过不断完善产品矩阵，已形成问界M5、M7、M9、M8四大产品序列，全面覆 盖豪华细分市场。 截至目前，问界累计交付新车超97万辆，持续刷新中国新能源市场交付速度。其中，问界M9累计20个 月稳居50万元级以上豪华SUV销量第一，上市以来累计交付超26万辆，成为中国高端豪华车市场的代表 车型；问界M8上市8个月累计交付超15万辆，迅速占领40万元级高端SUV市场；问界M7累计交付超37 万辆，全新问界M7在2025年9月正式上市后，凭借全方位进阶的产品力，成为30万元级SUV的价值之 选。 技术创新是企业发展之本。赛力斯始终立足技术 ...

近日，问界M8累计交付突破15万辆，连续稳居40万级豪华车销量冠军。问界的持续热销不仅有良好的 市场与用户的口碑的发酵，更源于其对技术创新的长期坚守与投入。例如，近期发布的赛力斯魔方技术 平台2.0，正以向着"AI定义汽车"演进的前瞻架构，重塑行业技术竞争格局。 智能底盘具备随心操控、驾乘舒适、融合智能、安全冗余四大特点，可支持更高阶智能驾驶功能，通过 道路预瞄、弯道预测及多电机冗余控制，实现随心操控与安全冗余。全新升级的EEA架构全面支持大模 型，从"分散指挥"转向"中央统筹"，让车辆感知更敏锐、决策更聪明、执行更高效，真正实现从软件定 义到AI定义的进化。 全景智慧方面，赛力斯魔方技术平台2.0深度整合鸿蒙生态与小艺智能体，赋予车辆"能听、会看、懂思 考"的拟人化能力，推动车辆从"出行工具"向"智慧伙伴"进化。智慧空间采用模块化设计，支持多车 型、多尺寸平台化开发，覆盖九大出行场景，满足家庭、商务与户外等多样化需求。智能安全体系涵盖 乘员保护、车身结构安全、健康环境管理及数据隐私守护，构建全方位守护体验。 在当下的新能源汽车市场，整车平台不仅是车企实现产品快速迭代的关键支撑，更是技术竞争的核心高 地。赛力 ...

Core Insights - The article highlights the significant growth and market performance of Seres, particularly in the high-end electric vehicle sector, with a focus on their innovative technology and strategic market positioning [2][4][6]. Group 1: Sales Performance - In November, Seres achieved a record high sales volume of 55,203 units, marking a year-on-year increase of 49.84%, with total sales from January to November reaching 411,288 units [2]. - The cumulative delivery of the entire AITO series has surpassed 900,000 units, maintaining a leading position in the high-end electric vehicle market [2]. - The AITO M9 model has achieved cumulative deliveries of over 260,000 units, setting a new record for vehicles priced at 500,000 yuan, while the AITO M8 has surpassed 130,000 units, retaining its title as the best-selling model in the 400,000 yuan category [2]. Group 2: Technological Innovation - Seres emphasizes technology as the core engine for sustainable growth, continuously investing in R&D to enhance product quality and performance [4]. - The launch of the Seres Magic Cube Technology Platform 2.0 at the Guangzhou Auto Show represents a significant upgrade, focusing on AI-driven smart electric vehicles with improvements in smart energy, intelligent chassis, EEA architecture, and smart space [4]. Group 3: Capital Market Developments - On November 5, Seres successfully listed on the Hong Kong main board, becoming the first luxury electric vehicle company in China to be dual-listed in both A and H shares [6]. - Seres was included in the CSI A100 index on November 28, reflecting a strong signal of market confidence and a significant advancement in brand value and strategic positioning [6]. - The company was also added to the Hong Kong Stock Connect eligible securities list on December 1, further highlighting its investment value and market attention [6].

Core Insights - Seres (601127) reported a record high sales volume of 55,203 electric vehicles in November, representing a year-on-year growth of 49.84%, with cumulative sales reaching 411,288 units from January to November [1] - The company emphasizes a market-oriented approach of "user-defined cars" and a technology route of "software-defined cars," continuously iterating its product matrix with new models like the AITO M5 Ultra and AITO M7, which have gained market recognition [1] - The AITO series has achieved significant delivery milestones, with total deliveries surpassing 900,000 units, including over 260,000 units of the AITO M9 and over 130,000 units of the AITO M8, showcasing strong market appeal [1] Technological Innovation - Seres focuses on technology-driven development, investing in R&D to enhance product quality and performance, establishing a strong competitive barrier [2] - The launch of the AI-driven Magic Cube Technology Platform 2.0 at the Guangzhou Auto Show represents a significant upgrade in smart electric vehicle technology, enhancing features like smart energy and intelligent chassis [2] Capital Market Developments - On November 5, Seres became the first luxury electric vehicle company to be listed in both A-share and H-share markets, marking a significant milestone [2] - The inclusion of Seres in the CSI A100 index on November 28 signals a boost in market confidence and reflects the company's enhanced brand value and strategic position [2] - Additionally, Seres was added to the Hong Kong Stock Connect eligible securities list on December 1, further highlighting its long-term investment value [2] Future Outlook - Seres aims to maintain a virtuous development cycle by focusing on technological innovation and user needs, leveraging its strong product matrix and dual capital platform to deepen its domestic market presence and expand internationally [3]

Core Viewpoint - Seres has achieved significant growth in November 2023, with a record sales volume of 55,203 electric vehicles, marking a year-on-year increase of 49.84% and a cumulative sales total of 411,288 vehicles for the year [2] Group 1: Sales Performance - In November 2023, Seres' electric vehicle sales reached 55,203 units, representing a 49.84% increase year-on-year, setting a new historical high [2] - Cumulative sales from January to November 2023 reached 411,288 units [2] - The total delivery of the entire AITO series has surpassed 900,000 units, leading the high-end electric vehicle market [2] Group 2: Product Development - Seres has continuously iterated its product matrix, launching several models including the AITO M5 Ultra, AITO M9 2025, AITO M8, and the new AITO M7, which have received market recognition [2] - The AITO M9 has achieved cumulative deliveries of over 260,000 units, setting a new record for vehicles priced over 500,000 yuan [2] - The AITO M8 has surpassed 130,000 units in cumulative deliveries, maintaining its position as the sales champion in the 400,000 yuan category [2] - The newly launched AITO M7 has received over 90,000 pre-orders within 41 days of its launch, with cumulative deliveries exceeding 350,000 units [2] Group 3: Technological Advancements - Seres is focused on technology-driven development, with ongoing R&D investments to enhance product quality and performance [3] - The company launched the Magic Cube Technology Platform 2.0 at the Guangzhou Auto Show, aimed at AI-driven smart electric vehicles, featuring upgrades in smart energy, intelligent chassis, EEA architecture, and smart space [3] Group 4: Market Position and Recognition - On November 5, 2023, Seres successfully listed on the Hong Kong main board, becoming the first luxury electric vehicle company to be dual-listed in both A-share and H-share markets [3] - Seres was included in the CSI A100 index on November 28, 2023, signaling a strong boost in market confidence and reflecting its brand value and strategic position [3] - On December 1, 2023, Seres was added to the Hong Kong Stock Connect eligible securities list, further highlighting its market attention and long-term investment value [3] Group 5: Future Outlook - Looking ahead, Seres aims to continue focusing on technological innovation and user needs, leveraging its strong product matrix and dual capital platform advantages to deepen its domestic market presence and expand internationally [4]

Core Viewpoint - The automotive industry is entering a new phase defined by AI, transitioning from "software-defined vehicles" to "AI-defined vehicles," enhancing user interaction and experience [1][8]. Group 1: Technology Development - The launch of the Silis Magic Cube Technology Platform 2.0 represents a systematic restructuring towards AI-driven smart electric vehicles, marking a significant advancement in the industry [3][4]. - The platform integrates multiple domains and upgrades the electronic and electrical architecture from "distributed regional control" to "central vehicle control + regional control," enabling efficient decision-making and execution [3][4]. - The platform supports a wide range of vehicle types and sizes, enhancing flexibility in production and design, and covers various travel scenarios [3][4]. Group 2: Research and Development - Silis has committed nearly 30 billion yuan in R&D by mid-2025, showcasing its dedication to innovation and the development of the Magic Cube Technology Platform [4][6]. - The company has seen a 154.9% year-on-year increase in R&D investment, with a workforce of 6,984 R&D personnel, representing 36% of the total staff [6][4]. - In the first half of the year, Silis achieved revenue of 62.402 billion yuan and a net profit of 2.941 billion yuan, reflecting an 81.03% year-on-year growth [6][4]. Group 3: Market Position and Strategy - Silis aims to establish itself as a leading brand in high-end intelligent vehicles, with the Magic Cube Technology Platform 2.0 being a key component of this strategy [8][11]. - The company has garnered trust from 900,000 users, with significant mileage achievements in both electric and assisted driving [10][11]. - The brand development confidence index ranks Silis at the top, indicating strong market positioning and consumer trust [11]. Group 4: Industry Trends - The automotive industry is transitioning from a growth phase to a mature phase, with increasing competition and a focus on brand differentiation and globalization [7][8]. - AI technology is identified as a core driver reshaping the automotive landscape, with smart driving being a significant application area [7][8]. - The industry faces challenges such as overcapacity in traditional fuel vehicles and rapid expansion in new energy vehicle production, necessitating strategic adaptations [7][8].