图片信息显示，2025款小鹏X9的贴息政策为0首付+5年0息，至高贴息金额55700元。 小鹏P7+的贴息政策为0首付+3年0息+5年低息0.99%年费率，至高贴息金额17400元，月供低至3267元，日供低至109元。 2025款小鹏G6的贴息政策为0首付+3年0息+5年低息0.99%年费率，至高贴息金额14800元，月供低至3093元，日供低至103元。 2025款小鹏G9的贴息政策为0首付+2年0息+5年低息1.5%年费率，至高贴息金额13800元，月供低至4458元，日供低至149元。 小鹏G7的贴息政策为0首付+2年0息+5年低息1.5%年费率，至高贴息金额11200元，月供低至3508元，日供低至117元。 小鹏MONA M03的贴息政策为0首付+2年0息+5年低息1.67%年费率，至高贴息金额7800元，月供低至2163元，日供低至72元。 全新小鹏P7的贴息政策为0首付+5年低息2.49%年费率，月供低至4119元，日供低至137元。 （校对/黄仁贵） 9月3日，小鹏汽车发文称，9月，5年0息0首付0手续费金融政策限时回归，至高贴息金额达55700元。同时，新增低息低日供政策，至高额外补贴60 ...

8月1日，多家车企公布7月交付数据。 零跑汽车7月全系交付50129台 零跑汽车月销量首次突破5万台。 8月1日，据零跑汽车官方微博，7月全系交付达50129台，同比增长超126%。 回顾零跑汽车在6月份的表现，全系交付量达4.8万辆，同比增长幅度超过138%。在车型方面，零跑B10在6月份交付了1.43万辆，而2026款零跑C10的表现 也相当亮眼，6月份大定突破1.5万辆。 小米汽车7月小米汽车交付量超过30000台 雷军发布微博消息称，2025年7月，小米汽车交付量超过30000台，并感谢大家的选择与支持。 大量网友纷纷留言，有网友在线"催产能"，希望尽早提车。 据小米汽车官微数据，这是小米汽车成立以来，首次月度交付量突破3万台。2025年6月交付量超过25000台，2025年5月交付量超过28000台，2025年3月交 付量超29000台。 另据小米汽车官方消息，小米汽车决定从8月1日起，下架小米SU7和SU7 Ultra两款车型的熔岩橙、寒武岩灰两款车漆颜色，下架曜石黑和银河灰内饰以及 20英寸五辐花瓣轮毂等配置选项。 截至8月1日16:00,，小米集团尾盘拉升，股价报53.8港元。 | | 53. ...

Core Viewpoint - The article highlights the significant growth in electric vehicle (EV) deliveries from various automotive companies in July 2025, indicating a strong market demand and competitive landscape in the EV sector. Group 1: Company Deliveries - Leap Motor achieved a total delivery of 50,129 vehicles in July, marking a year-on-year increase of over 126% [2] - Xiaomi Motors reported a delivery of over 30,000 vehicles in July, which is the first time their monthly deliveries surpassed this figure since the company's inception [3][8] - XPeng Motors set a new monthly delivery record with 36,717 vehicles in July, reflecting a year-on-year growth of 229% and a cumulative total of over 800,000 vehicles delivered [10] - Zhi Ji Motors delivered 7,027 vehicles in July [12] Group 2: Market Trends - The strong delivery numbers from these companies suggest a robust demand for electric vehicles, with Leap Motor and XPeng Motors showing particularly high growth rates [2][10] - Xiaomi Motors' decision to remove certain vehicle configurations indicates a strategic shift in product offerings, possibly to streamline production and focus on more popular models [8] - The competitive landscape is intensifying as companies like XPeng expand into new markets, enhancing their growth momentum [10]

Delivery Performance - In July, XPeng Motors delivered 36,717 vehicles, marking a year-on-year increase of 229% and a month-on-month increase of 6%, achieving a historical monthly delivery record [2] - From January to July 2025, XPeng Motors accumulated a total of 233,906 vehicle deliveries, representing a year-on-year growth of 270% [2] - The total carbon reduction from the delivered electric vehicles is estimated to exceed 3.53 million tons, equivalent to the carbon absorption of 58.48 million medium-sized trees over ten years [2] Model Highlights - The XPeng MONA M03 delivered over 15,000 units in July, maintaining over 10,000 monthly deliveries for 11 consecutive months, with total deliveries exceeding 150,000 units [2] - The 2025 XPeng X9 has evolved across multiple dimensions focusing on user comfort, intelligent experience, range, driving quality, and noise reduction, becoming the sales champion in the MPV category in Hong Kong [2] - The XPeng P7+ has delivered over 67,000 units, leading the sales in the 150,000 to 200,000 price range for eight consecutive months [2] New Model Launches - The 2025 XPeng G6 has been well-received in the 200,000-level mid-size pure electric SUV market since its launch [3] - The XPeng G7, the world's first L3-level AI car, was launched on July 3, with a starting price of 195,800 yuan, achieving over 10,000 pre-orders within 9 minutes of its release [3] - XPeng Motors announced the entry of the 2025 XPeng G6 and G9 into the European market, showcasing significant advancements in intelligent technology and user comfort [3] Financing and Production - XPeng Huaitian completed a $250 million Series B financing round to support the development and commercialization of flying cars, with plans for mass production by 2026 [4] - XPeng Motors showcased multiple products at the third Chain Expo, emphasizing its leadership in smart manufacturing and AI technology [4] - Indonesia has become the first country for XPeng Motors' localized production strategy, with the first locally produced XPeng X9 delivered to an Indonesian customer [4] AI and User Experience - In July, the monthly active user penetration rate for XNGP urban intelligent driving reached 86% [5] - The AI Tianji XOS system received an upgrade, adding features such as human-machine co-driving mode and enhanced AEB performance [5] - New functionalities in the AI smart cockpit include AI Xiaop's deep thinking and pet mode, aimed at enhancing user experience [5]

Sales Performance Summary - BYD reported March sales of 377,420 vehicles, a year-on-year increase of 24.8%, with overseas sales of passenger cars and pickups reaching 72,407 units [1] - SAIC Motor's total vehicle sales in March were 385,700 units, up 1.14% year-on-year, with cumulative sales for the year at 944,900 units, a 13.27% increase [3] - Geely announced total vehicle sales of 232,000 units in March, reflecting a 54% year-on-year growth, with cumulative sales for the first three months at 704,000 units, up 48% [3] - NIO delivered 15,039 vehicles in March, a 26.7% increase year-on-year, with total deliveries for Q1 at 42,094 units, up 40.1% [3] - XPeng reported March deliveries of 33,205 vehicles, a significant increase of 268%, with cumulative Q1 deliveries at 94,008 units, up 331% [6] - Li Auto delivered 36,674 vehicles in March, a 26.5% increase, with total Q1 deliveries at 92,864 units, up 15.5% [9] - Xiaomi's vehicle deliveries exceeded 29,000 units in March, with a target of 350,000 units for the year [11] - Leap Motor achieved March deliveries of 37,095 units, a year-on-year increase of over 154% [13] - Zeekr delivered 40,715 vehicles in March, with Zeekr brand sales up 18.5% year-on-year and Lynk & Co brand sales up 28.6% [15] - Lantu's March sales reached 10,012 units, a 64% increase, with cumulative sales for the first three months at 26,034 units, up 59% [17]

Investment Rating - The report assigns a "Buy" rating for stocks, indicating an expected relative return of over 20% within six months [35] - The industry investment rating is "Outperform," suggesting an expected industry index increase of over 5% within the same timeframe [35] Core Insights - The Hong Kong stock market experienced fluctuations, with the Hang Seng Index dropping 1.12% to 23,960 points, while the Hang Seng Technology Index fell by 2.59% [1][13] - Positive policy expectations are noted, with the People's Bank of China indicating a potential reduction in reserve requirements and interest rates to maintain liquidity and support economic growth [1] - The automotive sector shows promising growth, with new energy vehicle penetration exceeding 35% in February, and Li Auto's delivery volume increasing by 21% year-on-year [2][8] Summary by Sections Market Overview - The Hang Seng Index closed at 23,959.98 points, reflecting a decline of approximately 1.12% during the week [13] - The market sentiment was influenced by the U.S. CPI data, which fell to 2.8%, easing inflation concerns [1][5] Company Performance - Li Auto reported a revenue of 144.5 billion yuan for 2024, a year-on-year increase of 16.6%, despite a net profit decline of 31.9% [10] - BOSS Zhipin's revenue reached 7.356 billion yuan in 2024, growing by 23.6%, with a net profit increase of 42.6% to 1.567 billion yuan [11] IPO Dynamics - Recent IPO activities include Chifeng Jilong Gold Mining raising approximately 2.822 billion HKD and Zhaogang Group raising about 15.59 million HKD [2] - Upcoming IPOs include Weisheng Pharmaceutical, planning to raise up to 745 million HKD [2] Sector Focus - Recommended stocks include technology and AI leaders such as Tencent, Kuaishou, Alibaba, and Meituan, as well as new energy vehicle manufacturers like Li Auto and Xpeng [3]