Analysts don't expect Nio to reach profitability for years. Should you buy the Chinese automaker's stock anyway?Shares of Chinese electric vehicle (EV) manufacturer Nio (NIO 5.01%) were on the rise for a second straight day on Friday, adding 5.6% through 1 p.m. ET on top of Thursday's 6% gain.You can probably thank Morgan Stanley for that. What Morgan Stanley says about NioIn a note that came out Thursday afternoon, Morgan Stanley analyst Tim Hsiao reiterated his overweight rating on Nio and praised its new ...

Core Insights - SunCar Technology Group Inc. is advancing its partnership with Xiaomi, focusing on intelligent vehicle insurance solutions [1][2] - The collaboration aims to create a fully intelligent and digitized auto insurance service system for Xiaomi, with expectations of doubling business in 2025 [2][3] - SunCar is recognized as a leader in cloud-based auto insurance services in China, utilizing AI and big data to tailor solutions for Xiaomi Auto [3][4] Company Overview - Founded in 2007, SunCar is transforming the auto services and insurance landscape in China, the largest passenger vehicle market globally [4] - The company operates cloud-based platforms that connect drivers with various auto services and insurance options through a nationwide sales partner network [4] - SunCar has established itself as a leader in the auto eInsurance market for electric vehicles and the B2B auto services market in China [4]

Tesla's China nightmare just deepened — again. The latest blow came from Chinese smartphone and electric vehicle maker Xiaomi, which announced Thursday it had received close to 300,000 orders for its new YU7 electric SUV within an hour of its launch.The YU7, priced at the equivalent of $35,000 in China, is a direct competitor to Tesla's best-selling Model Y, which starts at $36,760. Xiaomi CEO Lei Jun didn't hold back during YU7's launch on Thursday, saying his company would "not accept defeat" and was of ...

3分钟 210 感谢大家的支持 XIAOMI YU7 // YU7火爆 // 6月26日晚间，雷军官宣YU7售价25.35万起，发布后3分钟大定突破20万台，仅仅1个小时后大定28.9万台。小米集团美股ADR一度涨超10%，同时 刺激恒指期货上扬。小米集团美股ADR最终涨9.85%。 mi 小米汽车首款SUV车型YU7标准版的售价为25.35万元，比Model Y便宜1万元，Pro版售价27.99万元，MAX版售价32.99万元。全系超长续航，标准 版为835km。 周四，美国股市持续上扬，标普500指数收盘逼近历史最高点，标志着自4月低点以来的一轮强劲反弹已接近"圆满收官"。在此前受关税、战争和通胀困扰 的背景下，这波涨势可谓穿越重重忧虑而来。 标普500指数上涨0.8%，报6,141.02点，本周累计涨幅达到2.9%，距离2月创下的盘中历史高点6,147.43仅差数点。纳斯达克综合指数上涨0.97%，报 20,167.91点，也接近历史纪录。道琼斯工业平均指数上涨404.41点，涨幅0.94%，报43,386.84点。 盘中，市场情绪在白宫发言人卡罗琳·莱维特有关关税谈判的表态后迅速升温。她称即将到来的关 ...

People check out an electric SUV Xiaomi YU7 at a Xiaomi Store in Hangzhou in east China's Zhejiang province Thursday, June 26, 2025.BEIJING — Chinese smartphone company Xiaomi is taking aim straight at rival Tesla with a new electric SUV.Xiaomi's luxury YU7 SUV will start at 253,500 yuan ($35,322), CEO Lei Jun said Thursday, pointing out that the vehicle is 10,000 yuan cheaper than Tesla's Model Y, which starts at 263,500 yuan in China.Prior to the official price announcement, a Citi report had listed expec ...

（YoY+8.9%），毛利率12.4%（YoY -2.4pct），公司智能手机出货量同比增长3.0%至4180 万部，平均 单价同比增长5.8%至1211 元。 1Q25 公司IoT 业务营收323 亿元（YoY +59%），毛利率同比提升5.4pct 至25.2%，收入毛利再创历史新 高，其中，智能大家电收入同比增长114%，空调、冰箱、洗衣机产品出货量分别同比增长65%、65%、 100%，公司平板出货量同比增长56%，全球出货量首次排名前三。1Q25 公司互联网服务业务营收91 亿 元（YoY+13%），毛利率同比提升2.7pct 至76.9%。 机构：国信证券 研究员：胡剑/张伦可/唐旭霞 1Q25 公司营收利润创历史新高，毛利率同比提升。1Q25 公司总营收1113 亿元（YoY +47%），经调整 净利润107 亿元（YoY +65%），毛利率22.8%（YoY+0.5pct），创单季度历史新高。1Q25 公司总营收 及净利润继续高速增长，均创单季度历史新高。分业务看，1Q25 智能手机、IoT 与生活消费产品、互 联网服务、智能电动汽车及AI 等创新业务营收占比分别为46%/29%/8%/17% ...

最近身陷舆论漩涡的小米（01810.HK）交出了一份不错的2025年第1季成绩单。不过，需要注意的是， 这份业绩涵盖的是其截至2025年3月末止的第1季财务表现，3月末SU7事件和5月中的SU7 Ultra退订争议 所带来的负面影响尚不包括在内。 第1季多项财务数据创历史新高 得益于其各大核心业务线的增长表现，小米的2025年第1季度业绩刷新多个历史新高： 1）2025年第1季总收入按年增长47.40%，至1,112.93亿元（单位人民币，下同）。其中IoT与生活消费品 业务收入和毛利率均创新高，季度收入按年增长58.73%，至323.39亿元，毛利率达25.22%，按年提高 5.35个百分点；此外，还有汽车业务的加持，第1季智能电动汽车及AI等创新业务贡献收入185.80亿 元，而上年同期的贡献只有2,603万元。 2）2025年第1季整体毛利率同比提升0.54个百分点，至22.83%，其中手机与AIoT分部毛利率为 22.76%，按年提升0.47个百分点，IoT与生活消费品以及互联网服务分部毛利率分别按年提升5.35个百 分点和2.68个百分点，抵消了智能手机业务毛利率按年下降2.39个百分点的负面影响； ...

这几年随着新能源汽车的火爆，造车技术也一路向前。此前需要多个冲压焊接的车身组件被一个个压铸件取代，不仅简化了生产线规模，还比冲压焊接成本 更低，车辆性能也得到提升。近日，小米YU7的发布会上，又有一项"热气胀工艺"大放异彩，它是如何实现的呢？ 小米YU7热气胀工艺 热成形部件能有效降低车重，主要原因是能提供足够高的强度。举例来说，传统普通高强度钢板（强度500Mpa，厚度2mm，重10kg），使用热成形部件代 替后，由于材料厚度减小，不仅强度更高（强度1400MPa，厚度1mm，重5kg），同时由于厚度降低，重量反而还降低了几公斤，有效提升了安全性，还节 约了钢材。 目前行业主流的热成型技术包括激光拼焊板TWB热成形、差厚轧制板TRB热成形、补丁板PB热成形等，这些技术针对的主要是板材，冲压即可，但如果需 要的是个管状零件，又要求达到热成形的强度，于是就有了热气胀成型工艺。 根据小米的描述，Xiaomi YU7用先进热气胀工艺将2200MPa小米超强钢内嵌至A、B柱，使得A柱承载能力提升35%，B柱承载能力提升70.5%，小米介绍， 灵感来自防滚架，与车身结构配合形成"内嵌式防滚架"，能更好地保护乘员舱。 什 ...

Core Insights - Xiaomi has become the world's third-largest phone maker and is now entering the electric vehicle market, launching the YU7 crossover, which is seen as a potential competitor to Tesla's Model Y [1] - The YU7 is anticipated to significantly impact Model Y sales in China, with comparisons drawn to luxury brands like Ferrari [2] - Xiaomi's previous vehicle, the SU7, has been compared to the Porsche Taycan and has shown strong performance on the Nurburgring racetrack [3] Market Challenges - Xiaomi faces challenges following a fatal crash involving its vehicle, leading to increased scrutiny from the Chinese government on self-driving vehicle marketing and testing [3] - Analysts emphasize the importance of monitoring Xiaomi's sales over the next year to assess the impact of safety perceptions on consumer confidence [4] - The competitive landscape in China's EV market is described as brutal, necessitating Xiaomi to expand its product portfolio and seek international growth to avoid intense domestic competition [5]

集团稳步执行集团"新十年目标"：大规模投入底层核心技术，致力于成为新一代全球硬核科技引领者。 2025年第一季度，集团的研发支出达到67亿元，同比增长30.1%。截至2025年3月31日，集团的研发人 员数创历史新高，达21731人，占员工总数47.7%。此外，集团继续延展集团知识产权能力，截至2025 年3月31日，小米集团已在全球获得超过4.3万件专利。 公告称，2025年第一季度，集团持续高效执行集团"稳健进取"的核心经营策略，集团收入及盈利均再次 创下历史新高。业务分部来看，2025年第一季度，集团的"手机×AIoT"分部收入为927亿元，同比增长 22.8%，集团的"智能电动汽车及AI等创新业务"分部收入为186亿元。本季度，集团经调整净利润为107 亿元，创历史新高，同比增长64.5%。 集团的高端化战略取得显著成效，产品力持续提升。根据第三方数据，2025年第一季度，在中国大陆地 区，集团高端智能手机销量在整体智能手机销量中的占比达到25.0%，同比提升3.3个百分点。根据第三 方数据，2025年第一季度，集团在中国大陆地区4000元及以上价位段的智能手机销量市占率达到 9.6%，同比提升2.9 ...