2021年，零跑C11上市，被看作真正拉开零跑汽车品质化、规模化发展的序幕。在C11之前，无论 是极具实验性的"小轿跑"零跑S01，还是入门级产品零跑T03，都过于小众，零跑汽车在众多造车新势 力中也不显山不露水。 自零跑C11切入最主流的SUV市场，其迅速起量，至今累计销量已突破25万辆。在零跑C11持续走 高，以及产品矩阵不断丰富的推动下，零跑汽车销量一路水涨船高。今年上半年，零跑汽车以22.17万 辆的成绩，摘得造车新势力半程销量榜首；3-6月更连续登顶月销榜，增长势头强劲。 不止于销量一路长虹，零跑汽车还在加大产品攻势，持续蓄力。 今年以来，继零跑B10、2026款零跑C10、2026款零跑C16陆续上市，7月10日，2026款零跑C11也 焕新登场。 全新C11在造型设计、智能座舱、续航性能、辅助驾驶、驾控体验及安全基因六大维度实现全面突 破，有超110项重磅升级，价值提升超4万元；同时，新车加量不加价，市场指导价14.98万-16.58万元。 全新C11还搭载高通骁龙SA8295P旗舰芯片，驱动Leapmotor OS 4.0 Plus交互系统，拥有60英寸AR- HUD，亮度高达16000nit ...

以下文章来源于深氪新消费 ，作者郑栾 深氪新消费 . 深氪新消费成立于2016年，聚焦新经济，关注新消费、新零售等领域的商业进化。 将投中网设为"星标⭐"，第一时间收获最新推送 隐藏着哪些商业逻辑和机会？ 作者丨 郑栾 来源丨 深氪新消费 夏日冰品也开始消费降级了。 几年前，夏季的消费热点，是钟薛高的天价雪糕，是 20多块一杯的高价奶茶，是火锅店动辄3、40 元，承担拍照道具功能的绚丽冰品。 如今，钟薛高早已消失，高价奶茶降级成 "雪王"4块钱一杯的柠檬水，就连火锅店的甜品，也变成 了10元以下的冰汤圆、冰粉，主打一个量大管饱。 抖音、小红书等社交媒体上，琳琅满目的 "自制冰品"成为热门话题，既有令人惊叹、堪称"艺术 品"的复杂冰品，也有几块钱成本、有手就行的简单搭配。 于是，冰杯、柠檬等，曾经的边角料商品，在这个夏天成了畅销单品，供不应求。 夏日冰品的消费降级背后，隐藏着哪些商业逻辑和机会？ 冰杯 卖的是情绪价值和长尾流量 进入夏季，冰杯成了各大商业品牌跨界竞争的新热点。一杯水冻成冰卖，不仅单价升高了，还让消费 者趋之若鹜。 便利店里，农夫山泉 4.5元/杯的冰杯相当畅销，以克重计算，冰杯的单价是矿泉水的7 ...

Core Insights - Leap Motor is becoming a preferred choice in the rational consumption era due to its precise positioning and exceptional price-performance ratio [1] Group 1: Sales Performance - In June 2023, Leap Motor delivered 48,006 vehicles, a year-on-year increase of over 138%, with cumulative deliveries exceeding 220,000 units in the first half of the year [1][5] - Leap Motor has maintained over 40,000 monthly deliveries for three consecutive months and has ranked first in the new force sales chart for four months [1][5] - As of June 18, 2023, Leap Motor's cumulative deliveries surpassed 800,000 units, positioning it to potentially become the second new force company to enter the "million club" [5] Group 2: Future Growth Potential - Northeast Securities reports that the upcoming B series models and next year's D and A series models will continuously drive Leap Motor's sales to new heights [4] - According to Credit Lyonnais, Leap Motor is expected to be a major contributor to market share growth in China by 2025, driven by new model launches and upgrades [4] Group 3: International Expansion - Leap Motor has established a global strategic partnership with Stellantis, with an investment of approximately €1.5 billion, marking a significant collaboration between a Chinese new force automaker and a multinational giant [6] - From January to May 2023, Leap Motor ranked first in cumulative export sales among Chinese new force brands, with over 17,200 units sold [6] Group 4: Product Strategy - The Leap Motor C16, a six-seat SUV priced between 150,000 and 200,000 yuan, has become a top choice in its segment, achieving a 70% market share in the under 200,000 yuan category [9][10] - The B10 model, targeting the 100,000 to 150,000 yuan segment, features advanced technology and competitive pricing, enhancing Leap Motor's appeal to a broader consumer base [10] Group 5: Competitive Advantage - Leap Motor's self-research and development capabilities account for over 65% of the vehicle's cost, with an 85% shared component rate within the same series, showcasing its strong cost control and profitability potential [10]

用无人机投送物品并不是新鲜事。在全球范围内，使用普通无人机投送少量食品、药品以救助生命的案 例时有发生。有较大载重的农业无人机，更经常在救灾行动中"客串"运输机，例如 2022 年重庆山火救 援期间，因部分险峻区域连摩托车都上不去，当地供销合作社就紧急动员 11 架农业无人机，持续运送 灭火设备、饮用水、餐食等物资，为灭火作业提供了关键物资保障。 图：DJI FC30用于运载救援装备 但"跨界"使用这些机型来运送物资只是一个权宜之计，从法规上、技术上和安全上讲都有问题。2023 年，大疆发布了专为低空运载而设计的民用运载无人机FlyCart 30（DJI FC30），其最大载重达40公斤 （单电模式），可配备更专业的空吊系统，且飞行高度高、续航时间长，它还有智能消除货物摆动的算 法、有线熔断器（可以弃货保机）、降落伞等一系列的安全性设计，拓展了飞行应用范围。岳麓蓝天救 援队队长谭章就曾表示，运载无人机虽然不能直接运人，但他们在山地救援时，会用DJI FC30吊运救援 装备，让救援人员可以轻装爬山，变相加快了救援速度。一位林业工作者也表示，在扑救森林火灾时， DJI FC30无人机已可以迅速翻山越岭送去一个中队 ...

Investment Rating - The report maintains a strong confidence in the pharmaceutical sector, particularly in innovative drugs, predicting a reversal trend in 2025 [4] Core Viewpoints - The innovative drug sector is experiencing strong performance driven by multiple factors, including the completion of quarterly portfolio adjustments, increased policy support from the National Healthcare Security Administration (NHSA) and the National Health Commission, and significant collaborations in the industry [1][11] - The NHSA and the National Health Commission have jointly released measures to support the high-quality development of innovative drugs, which will accelerate the commercialization of domestic innovative products and create a positive cycle of profitability and strong R&D investment [20][21] - The report highlights the potential of dual/multi-target antibodies in cancer treatment and innovative drugs addressing unmet clinical needs in chronic diseases as key investment opportunities [1][4] Summary by Sections Innovative Drugs - The innovative drug sector remains the main investment line, with a focus on dual/multi-target antibodies for various cancers and chronic diseases [1][11] - AstraZeneca is in talks for a collaboration worth up to $15 billion for the AK112 drug, which has catalyzed strong performance in related stocks [1] Pharmaceutical Sector - The NHSA's new measures will direct more healthcare resources towards innovative drugs, enhancing their commercialization and profitability [20][21] - The report notes that since 2018, 149 innovative drugs have been included in the healthcare insurance directory, significantly increasing the proportion of new drugs covered [22] Biologics - Changchun High-tech's new drug, Vuxin Qibai monoclonal antibody, has been approved for treating acute gout arthritis, marking a significant advancement in biologics [29][34] - The drug shows rapid onset of action and a substantial reduction in recurrence risk, highlighting its clinical significance [33][34] Traditional Chinese Medicine - Lingrui Pharmaceutical's new indication for its nasal spray is expected to boost sales, with ongoing efforts to expand hospital coverage and OTC sales [38][41] Medical Devices - The report emphasizes policy support for high-end medical devices, predicting accelerated commercialization in various segments such as medical robots and AI [3][4] Medical Services - Recent policies to enhance maternity benefits are expected to stimulate demand in related services [3][4]

7月1日，国内造车新势力相继披露了今年6月及上半年的销量数据。零跑、鸿蒙智行、理想 上半年销量均突破20万辆。 其中零跑以22.17万辆同比激增155.8%的成绩首度登顶半年销量榜。 鸿蒙智行、 理想汽 车、小鹏汽车紧随其后，小米汽车6月交付量出现环比下滑。 | 车企 | 2025H1(单位:万辆) | 2024H1(单位:万辆) | 同比 | | --- | --- | --- | --- | | 零跑汽车 | 22.17 | 8.7 | 155.8% | | 鸿蒙智行 | 20.62* | 19.42 | 6.2% | | 理想汽车 | 20.38 | 18.9 | 7.8% | | 小鹏汽车 | 19.72 | 5.2 | 279% | | 广汽埃安 | 15.23 | 17.74 | -14.2% | | 小米汽车 | 15+ | 2.7 | 456% | | 深蓝汽车 | 14.32 | 8.39 | 70.8% | | 蔚来汽车 | 11.42 | 8.74 | 30.6% | | 极気 | 9.07 | 8.79 | 3% | | 阿维塔 | 5.91 | 2.9 | 103.5% | | 岚图 ...

Core Insights - Leap Motor is becoming a preferred choice in the rational consumption era due to its precise positioning and exceptional price-performance ratio [1] - The company achieved a remarkable delivery of 48,006 units in June, marking a year-on-year increase of over 138%, with total deliveries exceeding 220,000 units in the first half of the year [1][9] - Leap Motor has maintained the top position in the new energy vehicle sales rankings for four consecutive months [1][9] Sales Performance - Leap Motor's cumulative deliveries reached 221,664 units in the first half of the year, leading the new energy vehicle sector [9][10] - The company is on track to become the second new energy vehicle brand to enter the "million club" with over 800,000 cumulative deliveries as of June 18 [9] Market Expansion - The introduction of new models, including the B series and the upcoming D and A series, is expected to drive sales growth [5] - Leap Motor's partnership with Stellantis, involving an investment of approximately €1.5 billion, marks a significant collaboration in the industry [13] - The company has achieved the highest cumulative export sales among new energy brands in China, with over 17,200 units exported in the first five months of the year [13] Product Development - The launch of the 2026 model C16 and the upcoming B01 electric sedan are expected to further boost delivery volumes [13] - The C16 has become a best-seller in the 15-20 million yuan SUV segment, capturing a 70% market share in its category [16] - Leap Motor's B10 model targets the 10-15 million yuan market, enhancing its competitiveness with advanced technology at a lower price point [17] Competitive Advantage - Leap Motor's self-research and development capabilities account for over 65% of vehicle costs, contributing to improved profitability [17] - The company emphasizes the importance of solid technical accumulation and creating real value for users as the foundation for its growth [17]

01 事件概述 2025 年6 月重点新能源车企交付量发布，据各公司披露数据： 零跑48,006辆，同比+138.6%，环比+6.5%； 问界44,685辆，同比+4.5%，环比+22.9%； 理想36,279辆，同比-24.1%，环比-11.2% 小鹏34,611辆，同比+224.4%，环比+3.2%； 埃安27,848辆，同比-20.5%，环比+4.0%； 蔚来24,925辆，同比+17.5%，环比+7.3%； 极氪16,702辆，同比-16.9%，环比-11.7%； 小米超25,000辆。 问界：据公司披露，6月交付44,685辆，同比+4.5%，环比+22.9%，主要车型6月销量中，M8交付2.1万辆，占公司当月交付量47.4%，在40万元级市场表现亮眼，M9 2025款6月交付1.4辆，占公司当月交付量30.7%，居50万元级市场销量冠军。 理想： 据公司披露，6月交付36,279辆，同比-24.1%，环比-11.2%，我们判断，由于电商季优惠促销和补贴政策利好中低端市场，高端市场整体增速放缓，公司销量短期 承压。公司主要车型5月销量中，L6交付1.9万辆，占公司当月交付量46.0%；L7交付1.0 ...

Core Insights - The new energy vehicle market in China is experiencing robust growth and intense competition, with several new players reporting significant sales figures for June [1][2][3] Company Performance - Hongmeng Zhixing achieved a record delivery of 52,700 vehicles in June, marking a historical high for both monthly and daily sales, and leading the new energy vehicle market [2] - Leap Motor delivered 48,000 vehicles in June, a year-on-year increase of over 138%, with cumulative deliveries exceeding 800,000 [2] - Li Auto's deliveries fell to 36,300 units in June, a decrease of 24.1% compared to the same month last year, but plans to accelerate the launch of new electric models in the second half of the year [2] - Xpeng Motors reported a significant increase in deliveries, with 34,600 vehicles delivered in June, a year-on-year growth of 224% [3] - Deep Blue Automotive delivered 29,900 vehicles in June, a year-on-year increase of 79% [4] - Xiaomi Automotive delivered over 25,000 vehicles in June, with a notable order volume for its new SUV model, the Xiaomi YU7 [4] - NIO delivered 24,900 vehicles in June, a year-on-year increase of 17.5% [5] - Zeekr delivered 43,000 vehicles in June, maintaining a delivery volume above 40,000 for four consecutive months [6] Market Trends - The June sales performance was influenced by various factors, including promotional activities during the Dragon Boat Festival and increased family car purchases due to the end of the college entrance examination [1] - The shift in consumer behavior is evident, with a focus on practicality and cost-effectiveness in vehicle purchases [6] - The new energy vehicle market is seeing a reshuffling of delivery rankings, indicating changing dynamics and competition among new players [6]

倒计时9天 2025第五届起点两轮车换电大会 及轻型动力电池技术高峰论坛 活动主题： 换电之城 智慧两轮 主办单位： 起点锂电、起点钠电、起点两轮车及换电 活动时间： 2025年7月10-11日 活动地点： 深圳宝安登喜路国际酒店2楼国际厅 活动赞助/演讲/合作单位： 雅迪科技集团/台铃集团/新日股份/菜鸟集团/嘟嘟换电/司马出行/河豚换电/ 汇创新能源/ 中兴派能/孚能科技/保力新/创明新能源/多 氟多/博力威/睿恩新能源/诺达智慧/时代瑞象/优旦科技/逸飞激光/盾创科技/博观科技/尚闻科技/威胜能源/兆科动力/中国钠电/比克电池/鹏辉能源/亿纬锂能/星 恒电源/先导智能/小安科技/鑫晟达/精锐精密等 零跑 浙江湖州 新能源汽车电池包项目即将投产！ 6月27日，零跑汽车位于 湖州吴兴的动力 电池包项目 迎来关键进展， 首批动力柜设备提前顺利进场并启动安装， 为后续电池产线设备进场 及8月底的全面投产奠定基础。 浙江湖州吴兴零跑汽车新能源汽车电池包项目在今年2月正式开工， 计划总投资15亿元，用地178亩，建设8条车载动力电池产线（模组产线 和PACK产线）、4条电源生产线。 根据规划，2025年零跑汽车将进 ...