Core Viewpoint - The article discusses the clearance sales of older car models, highlighting their cost-effectiveness and the significant discounts available for various models [1][29]. Group 1: BYD Models - The BYD Qin L DMI non-intelligent driving model has a clearance discount of 28,000, with the full price after subsidies ranging from 80,000 to 90,000 [2]. - The BYD Sea Leopard 06 DMI non-intelligent driving model has a guide price of 119,800, with a clearance price of 91,800 after a discount of 28,000 [5]. - The BYD Song L DMI non-intelligent driving model offers a clearance discount of 35,000, with final prices ranging from 90,000 to 100,000 [8]. - The BYD Han DMI non-intelligent driving model has a guide price of 175,800, with a clearance price of 141,800 after a discount of 34,000 [11]. - The BYD Tang DMI non-intelligent driving model has a clearance discount of 36,000, with final prices around 130,000 [14]. Group 2: Other Models - The Equation Leopard 5 non-intelligent driving model has a guide price of 239,800, with a clearance price of 217,800 after a discount of 22,000 [17]. - The Galaxy E8 old model has a clearance discount of approximately 48,000, with final prices ranging from 120,000 to 130,000 [20]. - The Wind Cloud T9 old model offers a guide price of 146,900, with a clearance price of 118,900 after a discount of 28,000 [23]. - The Wind Cloud A8L new model has a guide price of 129,900, with a clearance price of 101,900 after a discount of 28,000 [27]. Group 3: Market Dynamics - The article notes that the clearance models are primarily from the second half of 2024, with limited color availability and fast inventory turnover [29]. - It emphasizes that these clearance vehicles are a good purchase option, as they offer significant savings compared to new models, making them attractive for budget-conscious consumers [29].

6月25日，曹操出行正式登陆港交所（股票代码：02643.HK），发行价41.94港元，成为港股最大的出行平台。然而，上市首日股价即遭遇破发，盘中最大跌 幅超30%，最终收跌14.16%至36港元。尽管随后两个交易日股价小幅回升，但截至6月30日收盘，股价仍较发行价下跌14.3%，市值定格在195.6亿港元。 对李书福而言，曹操出行的上市意义非凡。这是其资本版图中的第10家上市公司，此前已拥有吉利汽车、沃尔沃、极星、亿咖通、路特斯等9家上市企业。 通过曹操出行，吉利完成了"造车-出行-数据"的生态闭环，进一步巩固了其在移动出行领域的布局。 随着曹操出行的上市，李书福的资本版图再度引发关注。截至6月30日，其控制的10家上市公司总市值约6990亿元。与去年同期相比，除钱江摩托和路特斯 科技市值下滑外，其余7家均实现增长。其中，吉利汽车市值从859.6亿港元飙升至1609亿港元，近乎翻倍；极氪市值增长24%至66.52亿美元；汉马科技涨幅 更达357%。 李书福的资本运作能力堪称传奇。2010年，吉利以18亿美元"蛇吞象"收购沃尔沃，成为全球商学院经典案例。哈佛商学院、中欧国际工商学院等顶尖学府均 将这一并购作为 ...

在大湾区车展上，小米汽车的展台吸引了大量观众，场面异常火爆。小米YU7的流线型车身在灯光的照射下闪耀着金属的光泽，其车头的分体式大灯 设计与法拉利Purosangue的"回旋镖"设计极为相似，而侧面的腰线则隐约透露出保时捷卡宴的风格。观众纷纷举起手机记录这一幕，社交媒体上"法拉 米"话题迅速攀升至热搜榜。这并非小米汽车首次因设计争议而受到关注。3年前，小米SU7因其与保时捷Taycan的相似性被戏称为"保时米"，而今，这家 科技巨头正以更加激进的姿态进军高端汽车市场。 面对外界的质疑，小米汽车回应称："经典设计元素属于全人类。"并强调，YU7的设计并非简单的模仿，而是对高端车设计语言的"解构重组"。然 而，这样的解释并未完全平息争议。当新兴品牌将顶级超跑的设计元素作为吸引眼球的手段时，我们不禁要问：汽车设计的"平权"时代是否真的已经到 来？或许，更深层次的产业逻辑给出了答案——在追求高端化的竞争中，设计借鉴可能是新兴品牌的必经之路，但只有原创设计才能真正体现品牌的独特 灵魂。 "平价替代"面临信任危机 "法拉利的回旋镖大灯、保时捷的飞线、迈凯伦的蝴蝶门……这些经典的设计元素经过数10年的市场检验，成为了现成的 ...

Core Viewpoint - The automotive industry is experiencing a fierce "price war" that has raised concerns among industry stakeholders, including organizations, government departments, and experts, who oppose the unrestrained nature of this competition [2][8]. Price War Dynamics - A new wave of price cuts began in late May 2023, with major companies like BYD, Geely, and Chery announcing significant discounts on multiple models, with reductions reaching up to 53,000 yuan [3][4]. - The price cuts are primarily focused on economic vehicles priced between 100,000 to 200,000 yuan, affecting both fuel and new energy vehicles [4][11]. Industry Impact - The automotive industry's profit margin has dropped to 4.1%, which is below the average profit margin of 5.6% for downstream industrial enterprises [5][6]. - The ongoing price war has led to reduced R&D budgets for some companies, with NIO planning a 15% cut in R&D expenses for the second quarter [6][12]. Consumer Behavior - While some consumers are taking advantage of the discounts, others are hesitant to make purchases, anticipating further price reductions in the future [5][11]. - The increase in inventory levels, reaching 3.5 million vehicles by the end of April 2023, has pressured companies to lower prices to clear stock [11][12]. Regulatory Response - The China Automobile Industry Association has issued an initiative to oppose bottomless price wars, with support from the Ministry of Industry and Information Technology [14][15]. - Experts emphasize the need for legal frameworks to regulate the industry and prevent irrational competition [14][15]. Future Outlook - Industry leaders suggest a shift from price competition to value competition, focusing on innovation and differentiation to enhance market positioning [18][19]. - The automotive sector is urged to adapt marketing strategies to reflect the evolving nature of vehicles as smart mobility tools rather than mere transportation means [19][20].

Core Insights - The automotive market is experiencing a promotional surge ahead of the "6.18" shopping festival, with numerous brands announcing price cuts and promotional offers [1][3] - The China Automobile Industry Association has issued a statement advocating for fair competition and opposing reckless price wars, which are seen as detrimental to the industry's health [1][5] - Companies like SAIC-GM are focusing on profitability and sustainable business practices, rejecting the notion of engaging in price wars [4][6] Group 1: Promotional Activities - Multiple automotive brands, including SAIC-GM, Geely, Chery, and others, have announced significant price reductions and promotional offers since mid-May [1] - Chery has launched limited-time discounts on over 30 models, with some vehicles being offered at substantial reductions [3] - Cadillac has introduced a "one-price" sales model for its new XT4 SUV, which has led to a significant increase in sales [2] Group 2: Industry Response to Price Wars - The China Automobile Industry Association has highlighted the negative impact of price wars on normal business operations and the supply chain [5] - The Ministry of Industry and Information Technology has expressed support for the Association's stance, emphasizing the need for innovation and quality over price competition [5] - Executives from various companies, including SAIC-GM and Dongfeng Honda, have reiterated the importance of maintaining profitability and avoiding unsustainable practices [6]

Core Viewpoint - Chinese automotive brands are redefining market standards by offering high configurations at competitive prices, challenging traditional pricing and technology barriers in the automotive industry [2][3][4]. Group 1: Product Logic Innovation - Chinese brands are adopting a new product logic where base configurations are equivalent to high configurations, making advanced features standard in entry-level models [3][4]. - For example, the 2025 IM L6 starts at 204,900 yuan, including features like an 800V high-voltage platform and Huawei ADS 3.0 driving system, which would typically cost an additional 200,000 yuan in traditional luxury brands [3]. - The coverage of intelligent configurations in Chinese brands is 2.3 times that of joint venture brands, enhancing user experience and pushing competitors to accelerate technological upgrades [3][5]. Group 2: Value Standard Reconstruction - The traditional vehicle classification system is being disrupted, with models like Chery Fengyun A9L offering C-class space standards at a 200,000 yuan price point, equipped with high-end technologies [4][5]. - The Aito M9, priced at 469,800 yuan, surpasses the value standards of luxury brands like the Mercedes-Benz GLS, showcasing a shift in high-end vehicle pricing and features [4][6]. Group 3: Cost Control and Pricing Strategy - Chinese brands achieve competitive pricing through cost control strategies, including supply chain integration and independent software development, resulting in a 30% reduction in battery costs [6][7]. - The implementation of transparent pricing strategies, such as nationwide uniform pricing, enhances competitiveness by returning consumer power to users [7][8]. - The transformation in pricing strategies is leading to a redefinition of market dynamics, as evidenced by a 7.3% year-on-year increase in China's automotive exports in Q1 2025 [7][8]. Group 4: Future Outlook - The ongoing transformation in the automotive industry is expected to continue, with Chinese brands needing to focus on technological innovation and global expansion to maintain their competitive edge [8]. - The ultimate goal for the Chinese automotive industry is to redefine global automotive value standards, transitioning from a "big automotive country" to a "strong automotive country" in the era of smart electric vehicles [8].

Core Viewpoint - BYD has launched a significant price reduction strategy for its smart driving models, marking a shift in focus from hardware equality to intelligent equality, amidst increasing competition in the electric vehicle market [2][6][7] Group 1: Price Reduction Strategy - BYD announced price cuts for 22 smart driving models across its Dynasty and Ocean series, with reductions up to 53,000 yuan, creating new price lows for its smart models [2][3] - The Ocean series features models starting at 55,800 yuan, with the largest price drop seen in the Seal 07 DM-i smart version, now priced at 102,800 yuan, down 53,000 yuan from the original price [3] - The Dynasty series has 12 smart models with starting prices reduced to 63,800 yuan, with the highest drop being 32,000 yuan, bringing the starting price to 217,800 yuan [3] Group 2: Market Response - The promotional activities have led to increased foot traffic in BYD stores, with various discount forms including cash reductions and trade-in subsidies, attracting consumer interest [4] - Consumers have expressed strong positive reactions to the price cuts, feeling that the offers present a compelling value proposition [5] - Analysts believe that the promotion will boost short-term sales and enhance BYD's brand image, potentially leading to increased market share in the long run [5] Group 3: Industry Impact - BYD's pricing strategy has triggered a chain reaction in the industry, with competitors like Geely and SAIC General also announcing price cuts and promotional offers [6][8] - The automotive market is experiencing a shift in pricing strategies, with a focus on intelligent features becoming standard rather than premium, indicating a potential transformation in the value system of the industry [2][6] - The competition is expected to intensify as companies strive to balance pricing with technological advancements and supply chain efficiency [6][8] Group 4: Sales Goals - BYD aims to achieve a sales target of 5.5 million vehicles by 2025, with a current completion rate of approximately 25% based on sales of 1.3809 million vehicles in the first four months of the year [7] - To meet its ambitious sales goals, BYD needs to maintain a monthly sales volume exceeding 410,000 units for the remainder of the year [7]

Core Viewpoint - The automotive industry is entering a new round of price wars, initiated by BYD, which has prompted responses from other car manufacturers, leading to significant stock price declines for major players like BYD [3][4][5]. Group 1: Price War Initiation - BYD launched a significant promotional campaign on May 23, with discounts up to 53,000 yuan on 22 models, indicating a strong pressure in the terminal market [4][6]. - Other companies, such as Geely and Leap Motor, have also introduced substantial cash subsidies and fixed pricing strategies in response to BYD's actions [4][5]. - Analysts from Morgan Stanley noted that the current price competition could further deteriorate investor sentiment, as the pressure on BYD's pricing strategy signals a challenging market environment [4][5]. Group 2: Financial Implications - The average discount rate for Chinese automakers reached a record 16.8% in April, indicating a significant increase in price competition [9]. - BYD's net profit margin for Q1 2025 was reported at 5.54%, while the average net profit margin for the new energy vehicle sector was only 3.77%, highlighting the financial strain on manufacturers [9][10]. - The price war is expected to further compress profit margins across the industry, with analysts predicting that smaller companies may be forced out of the market due to unsustainable financial conditions [9][12]. Group 3: Market Dynamics and Future Outlook - The price war is seen as a necessary move for BYD to meet its ambitious sales targets of 5.5 million units by 2025, especially after only achieving 1.38 million units in the first four months of this year [7][11]. - The competition is expected to intensify, with predictions that companies like Xpeng and Tesla may also introduce similar promotional strategies [5][12]. - The long-term outlook suggests that the industry will shift focus from price competition to technological depth and supply chain integration, with companies that excel in cost control and innovation likely to dominate the market [12].

完整早报音频，请点击标题下方小耳机收听 【消息人士称马云回归是绝不可能的，马云是创始人也从来没离开过】 5月10日，记者从多位阿里巴巴内 部人士处获悉，阿里巴巴已全面打通了内网（内部论坛）权限，并调整员工跨业务流动机制、启动工牌 焕新。5月9日，针对"马云5月10日回归阿里巴巴，将要重启大集团模式"相关消息，记者向阿里巴巴集团 求证，截至发稿，暂无回应。阿里巴巴内部人士向记者表示，"马云回归是绝不可能的，并且马云是创始 人也从来没离开过"。（贝壳财经） 【苹果渠道官方调价：iPhone16 Pro最高降价176美元，Pro Max全容量降价160美元】 苹果5月10向渠道 商下发了调价通知，这也是苹果首次在周六宣布调价，给相当大一部分批发商打了个措手不及。苹果 iPhone16 Pro Max所有容量版本降价160美元，对应1313.06元人民币；而 iPhone16 Pro的128GB版本降价 176美元（对应1445.27元人民币），其他版本同样降价160美元。今年的618活动将于5月13日开始，因此 有渠道商认为苹果此次调价就是在为即将到来的618大促做准备。（IT之家） | | | SI Rebate ...

日前，吉利汽车发布了2024年ESG（环境、社会及公司治理）报告数据显示，在2024年，吉利汽车深度 践行ESG战略六大方向的突出表现和显著成果，通过能源"再生"、产品"节能"、材料"循环"、技术"创 新"等多元化举措协同减排，实现了2024年单辆车生命周期碳排放较2020年基准年下降18%，新能源销 量同比增长92%、达88.8万辆，并拥有12个绿色工厂和11个无废工厂，成为唯一入选全国首批"无废企 业"的车企。 2025年是"智能吉利2025"战略的收官之年。对此，吉利汽车方面表示，将稳步推进气候中和、自然受 益、全域安全、数智创新、共荣发展、治理与道德的六大战略方向切实落地，全力实现单车全生命周期 碳减排25%以上的目标。 加速推动可持续出行生态 2024年是吉利汽车新能源转型全面突破、进入增长强周期的一年。 《中国经营报》记者注意到，在2024年，吉利汽车推出了包括吉利银河E8、领克Z10、极氪009等在内 的十余款高价值智能汽车产品，全年新能源销量超88.8万辆，同比增长约92%，实现近翻倍的跨越式增 长。 而在销量高速增长的同时，吉利汽车也在不断深耕多元化智能电动技术研发及应用。相关资料显示，吉 ...