爱德华索普的个人主页 - 老虎社区

爱德华索普

爱德华索普

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爱德华索普

01-02 05:08

胜率高，回撤大，风控管理水平太差了，明年加油！

爱德华索普

2022-12-31

希望后续统计一下未来5个交易日，10个交易日，20个交易日的涨跌幅度，就能看出CPR的准确率到底怎么样

期权大单 | 亚马逊等科技巨头Put成交激增！阿里巴巴看跌期权成交占比近九成

爱德华索普

01-02 05:00

AI脑子坏掉了

比亚迪成最大赢家！小米紧追问界理想，2025年中国车市成绩单来了

爱德华索普

2025-10-17

仅适合经验丰富、纪律严明、能承受快速亏损的交易者；不建议将其作为核心长期资产配置。若决定参与，做短线，小资金，并严格风控！！！

爱德华索普

2025-10-18

有人开玩笑说，散户一般只有两个操作，一个是底部区域涨起来后，小赚就落袋；然后主升浪眼睁睁看着，不敢碰，一直等快到顶部时，受赚钱效应刺激，忍不住再追进去。看似玩笑，实则符合人性特点。

爱德华索普

2025-10-06

财富是对认知的补偿，而不是对勤奋的奖励

爱德华索普

2025-10-06

$英伟达(NVDA)$ 英伟达确实是一只好股票，踩到AI和数字币两大世界红利，技术门槛高，利润高，从投资的角度来看，未来可期。有不同看法的，欢迎评论区讨论。

爱德华索普

2025-04-23

看空特斯拉。内卷情况下，营收和利润都会下降！马斯克退出政府部门，也是无奈之举！

爱德华索普

2025-03-03

16:15-18:30，1手，大于500万，9850港元，2018，可以，B，B，D，A。

爱德华索普

2025-02-25

$英伟达(NVDA)$ 会吧，套住最后一批韭菜

爱德华索普

2024-11-08

利好兑现，就该逃了

爱德华索普

2024-11-08

坚定看多，只看东方财富和贵州茅台。

爱德华索普

2024-10-07

$恒生指数主连 2410(HSImain)$

爱德华索普

2024-08-10

有一个美丽的小女孩

爱德华索普

2024-05-16

竞猜赢虎币，寻找实盘收益王

朋友们，快来看看谁才是投资高手！查看详情：竞猜赢虎币，寻找实盘收益王快来参与竞猜赢虎币活动，寻找你心中的实盘收益王，邀请好友最多可得250枚虎币此帖仅开放于中国大陆用户

竞猜赢虎币，寻找实盘收益王

爱德华索普

2024-05-08

我们不仅外表要像偶像一样光鲜亮丽，内心也要像虎一样强大，做一个真正的偶像虎友。

爱德华索普

2024-05-02

老虎在手，天下我有 [得意]

爱德华索普

2024-04-11

$英伟达(NVDA)$ 可以

爱德华索普

2024-02-18

龙运当头，开门红！！！

爱德华索普

2024-02-14

身体健康，财运亨通，一帆风顺

去老虎APP查看更多动态

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21:50","market":"hk","language":"zh","title":"比亚迪成最大赢家！小米紧追问界理想，2025年中国车市成绩单来了","url":"https://stock-news.laohu8.com/highlight/detail?id=2600038866","media":"车东西","summary":"12大车企多卖240万台，5家达成年销目标。比亚迪、吉利则压哨达成年销，过去一年分别卖车460.24万台、302.46万台，年销目标达成100%、101%。零跑汽车于2025年11月15日宣布年内累计销量突破50万台，提前完成原定目标。最终，小米汽车全年交付超40万辆，年销量目标达成116%。比亚迪2025年销量超过了460万台，再创历史新高，圆满达成460万台年销。比亚迪成为了2025年车市最大赢家，2025年销量超过460万台，比2024年多卖车33万台，同比增长8%。","content":"<html><body><article><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215727310v2065q96mk0vjhc\"/><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215734142v2067lvuhnhfdxg\"/><p><strong>12大车企多卖240万台，5家达成年销目标。</strong></p><p><strong>作者 |</strong>郭月</p><p><strong>编辑 |</strong>志豪</p><p>2025年中国汽<a href=\"https://laohu8.com/S/01490\">车市</a>场新能源卖爆了！</p><p>车东西1月1日消息，2026年第一天，12家车企2025年销量战报重磅出炉，累计卖车1226万台，比2024年多卖车240万台。</p><p><strong>5家车企笑到最后，圆满达成2025年全年销量目标，</strong>他们分别为<strong><a href=\"https://laohu8.com/S/BYDDY\">比亚迪</a>、吉利、零跑、小鹏、<a href=\"https://laohu8.com/S/XIACY\">小米</a></strong>。</p><p>这其中，<strong>3家车企提前一个月达成年销，它们是零跑、小鹏、<a href=\"https://laohu8.com/S/01810\">小米</a></strong>，全年分别交付59.66万台、42.94万台、超40万台，年销目标达成率为119%、113%、116%。</p><p><strong><a href=\"https://laohu8.com/S/002594\">比亚迪</a>、吉利则压哨达成年销，</strong>过去一年分别卖车460.24万台、302.46万台，年销目标达成100%、101%。</p><p>还有5家车企并未完成年销量目标，它们是<strong>理想、深蓝、<a href=\"https://laohu8.com/S/NIO\">蔚来</a>、岚图、智己。</strong></p><p>未公布2025年销量目标的<a href=\"https://laohu8.com/S/601633\">长城汽车</a>，全年累计交付超132万台，同比增长7%。<strong>鸿蒙智行全年累计交付58.91万辆，同比增长3成，成为中国新势力品牌中的强劲力量。</strong></p><p>整体看来，2025年对于中国新能源车企来说是极为不平凡的一年，有人再迎高光，有人成功翻身，但还有人遗憾退场，车企分化进一步加剧。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215744289v206e70ab7lq9gc\"/><p>▲国内主要车企2025年销量及年销达成率</p><p>本文福利：2025年车市收官，新车大战还在继续。分享报告《车企扎堆推新车，瞄准2026年车市》，对话框回复【车东西0878】下载报告。</p><p><strong>01</strong><strong>.</strong></p><p><strong><a href=\"https://laohu8.com/S/01211\">比亚迪</a>卖了吉利<a href=\"https://laohu8.com/S/002071\">长城</a>总和</strong></p><p><strong>5家车企达成年销</strong></p><p>全年销量目标是衡量车企一年以来产品竞争力、营销能力、运营水平的核心指标之一，从这个维度上看，2025年至少有5家车企达成全年销量目标。</p><p>新势力车企中，零跑、<a href=\"https://laohu8.com/S/81810\">小米</a>、小鹏这三家提前1个月实现年销目标。</p><p><a href=\"https://laohu8.com/S/09863\">零跑汽车</a>于2025年11月15日宣布年内累计销量突破‌50万台‌，提前完成原定目标。而在2025年半年财报会上，零跑官方更是将全年销量指引上调至‌58万至65万辆‌。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215745421v20653wmyh98i0t\"/><p>▲零跑官宣提前45天达成2025年销量目标</p><p>2025年全年，零跑累计交付量达‌59.66万台‌，同比增长‌103%‌，接近‌60万辆‌，超额完成目标。‌</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215747687v206k4pr0bwogps\"/><p>▲零跑汽车2025年全年交付量</p><p>小米汽车也在2025年三季度财报会上官宣，会在11月下旬提前完成35万辆的销售目标。最终，小米汽车全年交付超40万辆，年销量目标达成116%。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215753856v206cprvxzjymw6\"/><p>▲小米汽车2025年全年交付量</p><p>同样在2025年11月，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>年内累计交付‌39.2万辆‌，提前达成38万辆（销量翻番）的目标，2025年全年累计交付42.94万台，达成年销量目标113%。</p><img src=\"https://mmbiz.qpic.cn/mmbiz_png/vHUB2sDB7M43RGxjiajNFdgtwYdEEWwzbEanfEtPWnRCvWEOgG0HAv6DsZiaZNHCay7oibjnJv5UD1LicGRzABjibFg/640?from=appmsg\"/><p>▲<a href=\"https://laohu8.com/S/09868\">小鹏汽车</a>2025年全年交付量</p><p>比亚迪、吉利等车企也在最后一刻压哨实现了年销量目标。</p><p>比亚迪2025年销量超过了460万台，再创历史新高，圆满达成460万台年销。</p><img src=\"https://mmbiz.qpic.cn/mmbiz_png/vHUB2sDB7M43RGxjiajNFdgtwYdEEWwzb6uvBdzs1PPhUo9Eziaq7BD8ncQatJ60RI6yhdrqARpVLpMxJ23uZCGg/640?from=appmsg\"/><p>▲比亚迪汽车2025年全年销量</p><p>吉利汽车2025年表现也尤为亮眼，全年销售新车超302万台。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215834913v206jvigqw04qgc\"/><p>▲<a href=\"https://laohu8.com/S/00175\">吉利汽车</a>2025年全年销量</p><p>值得注意的是，吉利在年中将2025年的销售目标由271万辆提升至300万辆，若按照271万辆销量目标计算，吉利2025年前11个月销量已经超过278万辆，提前1个月达成年销目标。</p><p>若按照300万辆的销量目标计算，吉利汽车年销达成101%。</p><p>不过，并非所有车企2025年都实现圆满收官，理想、深蓝、<a href=\"https://laohu8.com/S/09866\">蔚来</a>、阿维塔、岚图汽车这几家距离年销目标还有一些差距。</p><p><a href=\"https://laohu8.com/S/LI\">理想汽车</a>已经把销量目标从70万辆下调至64万辆，截至发文时间<a href=\"https://laohu8.com/S/02015\">理想汽车</a>并未公布全年销量目标，仅官宣四季度交付10.92万辆，简单计算一下，其全年交付量达到40.63万辆，年销量目标仅达成63%。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215836247v20688m6bgpvo8e\"/><p>▲理想汽车2025年全年交付量</p><p>深蓝汽车2025年累计销量超过33万，同比增长37%，36万台的2025年销量目标实现超9成。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215842899v206ocpohi1kxiy\"/><p>▲深蓝汽车2025年全年销量</p><p><a href=\"https://laohu8.com/S/NIO.SI\">蔚来</a>汽车全年交付32.60万台，44万台的年销量目标达成74%。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215844098v206xkmnrrgyef3\"/><p>▲蔚来汽车2025年全年交付量</p><p>而像岚图、智己等汽车品牌全年分别交付15万台、8万台，分别实现全年销量目标的75%、81%，尽管全年销量实现增长，但相比蔚来、理想等品牌的交付规模，仍有成长的空间。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215856299v206xk8d53140bw\"/><p>▲岚图汽车2025年全年交付量</p><p>整体来看，部分车企未能实现全年销量目标，或是因为目标设定偏高，或是新产品缺乏竞争力、细分市场替代性强，此外，新能源板块推进不足也影响了一些车企销量增长。</p><p><strong>02</strong><strong>.</strong></p><p><strong>比亚迪吉利小米创年销新高</strong></p><p><strong>仅有1家车企销量下滑</strong></p><p>2025年车企销量排行榜，还有哪些值得关注的看点？</p><p>从全年销量的维度来看，这12家国内车企有11家实现年销量同比增长。</p><p>划分阵营来看，新势力品牌阵营中，8家新势力2025全年销量呈现增长，零跑、小鹏、小米、智己更是实现翻倍增长。</p><p>拿下2025年新势力销量一哥的零跑，全年交付新车59.66万辆，同比增长103%。其成功被零跑汽车董事长朱江明归结于“品价比”，即在同等价格下提供更优的配置与技术。</p><p>过去一年，零跑推出了一系列如零跑B01、零跑Lafa5等主打高性价比的走量车型，并通过全域自研有效控制成本，展现出更强的销量爆发力。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215857784v206eb2ydib6jzd\"/><p>▲零跑Lafa5在慕尼黑国际车展上首发亮相</p><p>2025年最后一个月，小米汽车战绩亮眼，交付量突破5万大关，也是其历史首次达成单月5万台交付成就。</p><p>2025年小米汽车累计交付超50万台，是2024年交付量的三倍，算是给风波不断的一年画了一个圆满的句号。</p><p>这一成绩代表的是小米爆款思路的成功，根据<a href=\"https://laohu8.com/S/ATHM\">汽车之家</a>数据，小米SU7 2025年累计交付超24万，成为过去一年20万以上轿车市场销冠，终结了Model 3在中国的销量神话。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215909497v206822zmyplq08\"/><p>▲MWC小米展台现场</p><p>小米YU7在产能爬升之后，更是连续4个月成为中大型SUV销冠，伴随着产能提升，两款爆款车持续贡献更多销量。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215922441v206fnvr29f5a7a\"/><p>▲小米YU7</p><p>就蔚小理三家而言，小鹏汽车2025年12月交付3.75万台，年底交付量受挫，在蔚小理中排在第三名。</p><p>不过，小鹏2025年交付量达到42.94万台，同比增长126%，年销量在蔚小理中排在第一，海外市场表现不错，交付4.5万辆，同比接近翻倍。</p><p>蔚来集团则着重强调了其2025年12月交付成绩，12月交付新车4.81万台，在蔚小理中排在第一，同比增长54.6%，再创历史新高。</p><p>值得注意的是，蔚来ES8贡献了当月接近一半的销量，单车交付2.23万台。乐道品牌12月交付新车9154台，firefly萤火虫12月交付7084台，创历史新高，环比增长16.4%，交付量连续五个月增长。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215925925v206bt7cr5ru8lb\"/><p>▲蔚来全新ES8</p><p>从年销角度来看，蔚来集团全年交付32.6万台，在蔚小理三家中排在第三名，其中蔚来品牌交付17.88万台，乐道交付10.78万台，萤火虫交付3.94万台。</p><p>比亚迪成为了2025年车市最大赢家，2025年销量超过460万台，比2024年多卖车33万台，同比增长8%。</p><p>这主要得益于三大引擎：一是海外市场爆发式增长，2025年其乘用车及皮卡海外销售104.96万辆，这是比亚迪海外销量首次突破100万辆，同比增长145%，成为年销量关键增长极。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215941111v206e1tugkd64wa\"/><p>▲比亚迪2025年海外销量突破100万</p><p>二是智能化车型快速普及，截至2025年11月底，比亚迪搭载“天神之眼”驾驶辅助系统的车型累计销量已突破230万辆，全面提升了旗下产品竞争力。</p><p>三则是更完善的车型矩阵，过去一年，比亚迪密集推出了海豹06 EV、方程豹钛3、仰望U8L等一系列全新车型，实现了对主流家用到豪华高端市场的全面覆盖，进一步触达了更广泛的消费群体，成为其销量爆发的关键支撑。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215945403v206hhxdh341f26\"/><p>▲比亚迪仰望U8L</p><p>吉利汽车也创下了全年销量新高，2025年累计销量超302万辆，其销量增长离不开吉利<a href=\"https://laohu8.com/S/000806\">银河</a>、<a href=\"https://laohu8.com/S/ZK\">极氪</a>科技集团在电动化与高端化上的全面发力，以及全球化布局的深入。</p><p>特别是其银河系列，以惊人的速度扩张，全年销量124万辆超额完成“百万银河”销量目标，领克品牌全年突破35万辆，创历史新高；极氪品牌单月突破3万辆，创历史新高，在新能源转型方面的资源投入与技术积累为全年销量增长发力打下了基础。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215951131v206njy627art1a\"/><p>▲吉利集团2025年销量</p><p>理想汽车在向纯电转型中遭遇阵痛，成为已统计车企中唯一2025年销量下滑的车企，全年交付40.63万台，同比下滑19%。</p><p>理想汽车年销量下滑，主要受到中高端增程SUV市场竞争激烈、L系列产品销量增速放缓、纯电SUV产能爬坡、MEGA一系列舆论事件等影响。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215952265v206y8isiaucnkw\"/><p>▲理想i6</p><p>相较2024年销量有所变动，但理想汽车交付规模依旧可观，截至2025年，理想汽车历史累计交付量为154万辆，稳居新势力第一梯队，在新能源中高端汽车市场根基依旧深厚。</p><p>鸿蒙智行虽未公布2025年销量目标，但在凌晨1点半就发布了销量战报，12月单月交付8.96万台，相比11月增长0.78万，连续三个月创月度交付历史新高。其2025年交付58.91万台，同比增长3成，比2024年多卖14.4万台。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101220005560v2063m6hx1l1vw5\"/><p>▲鸿蒙智行2025年全年销量</p><p>鸿蒙智行销量爆发主要得益于五界布局的协同效应。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101220017898v206u6ih7uqu60n\"/><p>▲问界2025年交付42.29万台</p><p>相较2024年，鸿蒙智行的销量增长主要由问界带动，2025年智界连续3个月交付破万，享界12月销量8800台再创新高，尊界，尚界同样取得了可观销量。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101220020541v206siyzo7bvrcm\"/><p>▲享界2025年全年销量</p><p>伴随着明年海量新车的入市，鸿蒙智行有望在销量上达到新的高度。</p><p><strong>03</strong><strong>.</strong></p><p><strong>结语：国内车市洗牌加剧</strong></p><p>综合以上车企晒出的全年销售战报来看，2025年国内主要新能源车企销量同比大都实现了增长，这也说明2025年新能源汽车市场还是比较火热的。</p><p>来到2026年，中国新能源汽车销量有望进一步提升。</p><p>日前，车百会理事长张永伟指出，预计2026年国内汽车市场微增2%至2820万辆，新能源汽车销量（含出口）有望达2000万辆，国内渗透率达到57%。</p><p>在中国汽车市场销量狂奔的同时，产业竞争格局也在重塑，行业淘汰赛将进一步升级。你认为2026年中国车市又会发生哪些变化呢？</p></article></body></html>","source":"tencent","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>比亚迪成最大赢家！小米紧追问界理想，2025年中国车市成绩单来了</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n比亚迪成最大赢家！小米紧追问界理想，2025年中国车市成绩单来了\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-01 21:50 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260101220131a491fe5c&s=b><strong>车东西</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>12大车企多卖240万台，5家达成年销目标。作者 |郭月编辑 |志豪2025年中国汽车市场新能源卖爆了！车东西1月1日消息，2026年第一天，12家车企2025年销量战报重磅出炉，累计卖车1226万台，比2024年多卖车240万台。5家车企笑到最后，圆满达成2025年全年销量目标，他们分别为比亚迪、吉利、零跑、小鹏、小米。这其中，3家车企提前一个月达成年销，它们是零跑、小鹏、小米，全年分别交付...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260101220131a491fe5c&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"81211":"比亚迪股份-R","81810":"小米集团-WR","LU1251922891.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) ACC","LU1861214812.USD":"Blackrock Future of Transport A2 USD","LU0819121731.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED GROWTH \"AC\" (USD) ACC","LU1770036033.HKD":"NINETY ONE GSF ASIAN EQUITY \"A\" (HKD) ACC","SG9999002828.SGD":"Eastspring Investments Unit Trusts - Dragon Peacock A SGD","LU0594300419.USD":"富达中国消费基金A","LU0505663152.USD":"abrdn SICAV I - FUTURE MINERALS \"A\" (USD) ACC","LU0650527681.SGD":"Fidelity China Consumer A-SGD","LU1861219969.SGD":"Blackrock Future of Transport A2 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ACC"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260101220131a491fe5c&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2600038866","content_text":"12大车企多卖240万台，5家达成年销目标。作者 |郭月编辑 |志豪2025年中国汽车市场新能源卖爆了！车东西1月1日消息，2026年第一天，12家车企2025年销量战报重磅出炉，累计卖车1226万台，比2024年多卖车240万台。5家车企笑到最后，圆满达成2025年全年销量目标，他们分别为比亚迪、吉利、零跑、小鹏、小米。这其中，3家车企提前一个月达成年销，它们是零跑、小鹏、小米，全年分别交付59.66万台、42.94万台、超40万台，年销目标达成率为119%、113%、116%。比亚迪、吉利则压哨达成年销，过去一年分别卖车460.24万台、302.46万台，年销目标达成100%、101%。还有5家车企并未完成年销量目标，它们是理想、深蓝、蔚来、岚图、智己。未公布2025年销量目标的长城汽车，全年累计交付超132万台，同比增长7%。鸿蒙智行全年累计交付58.91万辆，同比增长3成，成为中国新势力品牌中的强劲力量。整体看来，2025年对于中国新能源车企来说是极为不平凡的一年，有人再迎高光，有人成功翻身，但还有人遗憾退场，车企分化进一步加剧。▲国内主要车企2025年销量及年销达成率本文福利：2025年车市收官，新车大战还在继续。分享报告《车企扎堆推新车，瞄准2026年车市》，对话框回复【车东西0878】下载报告。01.比亚迪卖了吉利长城总和5家车企达成年销全年销量目标是衡量车企一年以来产品竞争力、营销能力、运营水平的核心指标之一，从这个维度上看，2025年至少有5家车企达成全年销量目标。新势力车企中，零跑、小米、小鹏这三家提前1个月实现年销目标。零跑汽车于2025年11月15日宣布年内累计销量突破‌50万台‌，提前完成原定目标。而在2025年半年财报会上，零跑官方更是将全年销量指引上调至‌58万至65万辆‌。▲零跑官宣提前45天达成2025年销量目标2025年全年，零跑累计交付量达‌59.66万台‌，同比增长‌103%‌，接近‌60万辆‌，超额完成目标。‌▲零跑汽车2025年全年交付量小米汽车也在2025年三季度财报会上官宣，会在11月下旬提前完成35万辆的销售目标。最终，小米汽车全年交付超40万辆，年销量目标达成116%。▲小米汽车2025年全年交付量同样在2025年11月，小鹏汽车年内累计交付‌39.2万辆‌，提前达成38万辆（销量翻番）的目标，2025年全年累计交付42.94万台，达成年销量目标113%。▲小鹏汽车2025年全年交付量比亚迪、吉利等车企也在最后一刻压哨实现了年销量目标。比亚迪2025年销量超过了460万台，再创历史新高，圆满达成460万台年销。▲比亚迪汽车2025年全年销量吉利汽车2025年表现也尤为亮眼，全年销售新车超302万台。▲吉利汽车2025年全年销量值得注意的是，吉利在年中将2025年的销售目标由271万辆提升至300万辆，若按照271万辆销量目标计算，吉利2025年前11个月销量已经超过278万辆，提前1个月达成年销目标。若按照300万辆的销量目标计算，吉利汽车年销达成101%。不过，并非所有车企2025年都实现圆满收官，理想、深蓝、蔚来、阿维塔、岚图汽车这几家距离年销目标还有一些差距。理想汽车已经把销量目标从70万辆下调至64万辆，截至发文时间理想汽车并未公布全年销量目标，仅官宣四季度交付10.92万辆，简单计算一下，其全年交付量达到40.63万辆，年销量目标仅达成63%。▲理想汽车2025年全年交付量深蓝汽车2025年累计销量超过33万，同比增长37%，36万台的2025年销量目标实现超9成。▲深蓝汽车2025年全年销量蔚来汽车全年交付32.60万台，44万台的年销量目标达成74%。▲蔚来汽车2025年全年交付量而像岚图、智己等汽车品牌全年分别交付15万台、8万台，分别实现全年销量目标的75%、81%，尽管全年销量实现增长，但相比蔚来、理想等品牌的交付规模，仍有成长的空间。▲岚图汽车2025年全年交付量整体来看，部分车企未能实现全年销量目标，或是因为目标设定偏高，或是新产品缺乏竞争力、细分市场替代性强，此外，新能源板块推进不足也影响了一些车企销量增长。02.比亚迪吉利小米创年销新高仅有1家车企销量下滑2025年车企销量排行榜，还有哪些值得关注的看点？从全年销量的维度来看，这12家国内车企有11家实现年销量同比增长。划分阵营来看，新势力品牌阵营中，8家新势力2025全年销量呈现增长，零跑、小鹏、小米、智己更是实现翻倍增长。拿下2025年新势力销量一哥的零跑，全年交付新车59.66万辆，同比增长103%。其成功被零跑汽车董事长朱江明归结于“品价比”，即在同等价格下提供更优的配置与技术。过去一年，零跑推出了一系列如零跑B01、零跑Lafa5等主打高性价比的走量车型，并通过全域自研有效控制成本，展现出更强的销量爆发力。▲零跑Lafa5在慕尼黑国际车展上首发亮相2025年最后一个月，小米汽车战绩亮眼，交付量突破5万大关，也是其历史首次达成单月5万台交付成就。2025年小米汽车累计交付超50万台，是2024年交付量的三倍，算是给风波不断的一年画了一个圆满的句号。这一成绩代表的是小米爆款思路的成功，根据汽车之家数据，小米SU7 2025年累计交付超24万，成为过去一年20万以上轿车市场销冠，终结了Model 3在中国的销量神话。▲MWC小米展台现场小米YU7在产能爬升之后，更是连续4个月成为中大型SUV销冠，伴随着产能提升，两款爆款车持续贡献更多销量。▲小米YU7就蔚小理三家而言，小鹏汽车2025年12月交付3.75万台，年底交付量受挫，在蔚小理中排在第三名。不过，小鹏2025年交付量达到42.94万台，同比增长126%，年销量在蔚小理中排在第一，海外市场表现不错，交付4.5万辆，同比接近翻倍。蔚来集团则着重强调了其2025年12月交付成绩，12月交付新车4.81万台，在蔚小理中排在第一，同比增长54.6%，再创历史新高。值得注意的是，蔚来ES8贡献了当月接近一半的销量，单车交付2.23万台。乐道品牌12月交付新车9154台，firefly萤火虫12月交付7084台，创历史新高，环比增长16.4%，交付量连续五个月增长。▲蔚来全新ES8从年销角度来看，蔚来集团全年交付32.6万台，在蔚小理三家中排在第三名，其中蔚来品牌交付17.88万台，乐道交付10.78万台，萤火虫交付3.94万台。比亚迪成为了2025年车市最大赢家，2025年销量超过460万台，比2024年多卖车33万台，同比增长8%。这主要得益于三大引擎：一是海外市场爆发式增长，2025年其乘用车及皮卡海外销售104.96万辆，这是比亚迪海外销量首次突破100万辆，同比增长145%，成为年销量关键增长极。▲比亚迪2025年海外销量突破100万二是智能化车型快速普及，截至2025年11月底，比亚迪搭载“天神之眼”驾驶辅助系统的车型累计销量已突破230万辆，全面提升了旗下产品竞争力。三则是更完善的车型矩阵，过去一年，比亚迪密集推出了海豹06 EV、方程豹钛3、仰望U8L等一系列全新车型，实现了对主流家用到豪华高端市场的全面覆盖，进一步触达了更广泛的消费群体，成为其销量爆发的关键支撑。▲比亚迪仰望U8L吉利汽车也创下了全年销量新高，2025年累计销量超302万辆，其销量增长离不开吉利银河、极氪科技集团在电动化与高端化上的全面发力，以及全球化布局的深入。特别是其银河系列，以惊人的速度扩张，全年销量124万辆超额完成“百万银河”销量目标，领克品牌全年突破35万辆，创历史新高；极氪品牌单月突破3万辆，创历史新高，在新能源转型方面的资源投入与技术积累为全年销量增长发力打下了基础。▲吉利集团2025年销量理想汽车在向纯电转型中遭遇阵痛，成为已统计车企中唯一2025年销量下滑的车企，全年交付40.63万台，同比下滑19%。理想汽车年销量下滑，主要受到中高端增程SUV市场竞争激烈、L系列产品销量增速放缓、纯电SUV产能爬坡、MEGA一系列舆论事件等影响。▲理想i6相较2024年销量有所变动，但理想汽车交付规模依旧可观，截至2025年，理想汽车历史累计交付量为154万辆，稳居新势力第一梯队，在新能源中高端汽车市场根基依旧深厚。鸿蒙智行虽未公布2025年销量目标，但在凌晨1点半就发布了销量战报，12月单月交付8.96万台，相比11月增长0.78万，连续三个月创月度交付历史新高。其2025年交付58.91万台，同比增长3成，比2024年多卖14.4万台。▲鸿蒙智行2025年全年销量鸿蒙智行销量爆发主要得益于五界布局的协同效应。▲问界2025年交付42.29万台相较2024年，鸿蒙智行的销量增长主要由问界带动，2025年智界连续3个月交付破万，享界12月销量8800台再创新高，尊界，尚界同样取得了可观销量。▲享界2025年全年销量伴随着明年海量新车的入市，鸿蒙智行有望在销量上达到新的高度。03.结语：国内车市洗牌加剧综合以上车企晒出的全年销售战报来看，2025年国内主要新能源车企销量同比大都实现了增长，这也说明2025年新能源汽车市场还是比较火热的。来到2026年，中国新能源汽车销量有望进一步提升。日前，车百会理事长张永伟指出，预计2026年国内汽车市场微增2%至2820万辆，新能源汽车销量（含出口）有望达2000万辆，国内渗透率达到57%。在中国汽车市场销量狂奔的同时，产业竞争格局也在重塑，行业淘汰赛将进一步升级。你认为2026年中国车市又会发生哪些变化呢？","news_type":1,"symbols_score_info":{"81211":0.6,"81810":0.6,"09868":0.9,"01810":1.92,"09863":0.9,"HYDD.SI":0.6,"NIO.SI":1.86,"XPEV":0.9,"NIO":0.9,"XIACY":1.92,"LI":1.9,"002594":1.96,"01211":1.96,"BYDDY":1.96,"09866":0.9,"MIUmain":0.6,"HXXD.SI":0.6,"02015":1.9,"09927":0.9}},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":490379893977192,"gmtCreate":1760749128729,"gmtModify":1760749131427,"author":{"id":"3548541721914459","authorId":"3548541721914459","name":"爱德华索普","avatar":"https://static.tigerbbs.com/7838efb75b8e1801d1353c64025103be","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3548541721914459","idStr":"3548541721914459"},"themes":[],"htmlText":"有人开玩笑说，散户一般只有两个操作，一个是底部区域涨起来后，小赚就落袋；然后主升浪眼睁睁看着，不敢碰，一直等快到顶部时，受赚钱效应刺激，忍不住再追进去。看似玩笑，实则符合人性特点。","listText":"有人开玩笑说，散户一般只有两个操作，一个是底部区域涨起来后，小赚就落袋；然后主升浪眼睁睁看着，不敢碰，一直等快到顶部时，受赚钱效应刺激，忍不住再追进去。看似玩笑，实则符合人性特点。","text":"有人开玩笑说，散户一般只有两个操作，一个是底部区域涨起来后，小赚就落袋；然后主升浪眼睁睁看着，不敢碰，一直等快到顶部时，受赚钱效应刺激，忍不住再追进去。看似玩笑，实则符合人性特点。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/490379893977192","isVote":1,"tweetType":1,"viewCount":638,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":489993624653984,"gmtCreate":1760654673120,"gmtModify":1760654675900,"author":{"id":"3548541721914459","authorId":"3548541721914459","name":"爱德华索普","avatar":"https://static.tigerbbs.com/7838efb75b8e1801d1353c64025103be","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3548541721914459","idStr":"3548541721914459"},"themes":[],"htmlText":"仅适合经验丰富、纪律严明、能承受快速亏损的交易者；不建议将其作为核心长期资产配置。若决定参与，做短线，小资金，并严格风控！！！","listText":"仅适合经验丰富、纪律严明、能承受快速亏损的交易者；不建议将其作为核心长期资产配置。若决定参与，做短线，小资金，并严格风控！！！","text":"仅适合经验丰富、纪律严明、能承受快速亏损的交易者；不建议将其作为核心长期资产配置。若决定参与，做短线，小资金，并严格风控！！！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/489993624653984","isVote":1,"tweetType":1,"viewCount":1085,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":486101849989592,"gmtCreate":1759705754163,"gmtModify":1759705762773,"author":{"id":"3548541721914459","authorId":"3548541721914459","name":"爱德华索普","avatar":"https://static.tigerbbs.com/7838efb75b8e1801d1353c64025103be","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3548541721914459","idStr":"3548541721914459"},"themes":[],"htmlText":"财富是对认知的补偿，而不是对勤奋的奖励","listText":"财富是对认知的补偿，而不是对勤奋的奖励","text":"财富是对认知的补偿，而不是对勤奋的奖励","images":[{"img":"https://static.tigerbbs.com/f142749f08bca6534b918a9f5108b07d"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/486101849989592","isVote":1,"tweetType":1,"viewCount":1239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":486051356275440,"gmtCreate":1759693717287,"gmtModify":1759693719741,"author":{"id":"3548541721914459","authorId":"3548541721914459","name":"爱德华索普","avatar":"https://static.tigerbbs.com/7838efb75b8e1801d1353c64025103be","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3548541721914459","idStr":"3548541721914459"},"themes":[],"htmlText":"<a 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11:30","market":"us","language":"zh","title":"期权大单 | 亚马逊等科技巨头Put成交激增！阿里巴巴看跌期权成交占比近九成","url":"https://stock-news.laohu8.com/highlight/detail?id=1135722858","media":"老虎资讯综合","summary":"周三，期权市场总成交量40,910,277张合约，环比前一交易日增加48.66%，高于90日平均成交量；近期科技巨头承压，特斯拉、亚马逊、苹果、英伟达、AMD看跌期权成交激增；阿里巴巴看跌期权成交占比","content":"<html><head></head><body><blockquote>周三，期权市场总成交量40,910,277张合约，环比前一交易日增加48.66%，高于90日平均成交量；近期科技巨头承压，特斯拉、亚马逊、苹果、英伟达、AMD看跌期权成交激增；阿里巴巴看跌期权成交占比近九成。</blockquote><p><b>一、市场概览 （12月28日）</b></p><p>周三，美股三大指数集体收跌，且跌幅均超1%。截至收盘，道琼斯指数跌1.10%，报32,875.71点；标普500指数跌1.20%，报3,783.22点；纳斯达克综合指数跌1.35%，报10,213.29点。</p><p>今年仅剩两个交易日，美国股市势将迎来2008年以来表现最糟糕的一年。年初至今，纳指已经累跌34.72%，是三大指数中表现最差的一支，道琼斯指数和标普500指数也分别下跌了9.53%和20.62%。</p><p>期权市场总成交量40,910,277张合约，环比前一交易日（前值27,519,504张合约）增加48.66%，高于90日平均成交量（38,999,422张合约），其中，看跌期权占62%。</p><p><b>二、期权成交总量TOP10</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4fb4f7b8648b1c9df233c882d938fbf0\" tg-width=\"1242\" tg-height=\"2153\" referrerpolicy=\"no-referrer\"/><span>数据来源：老虎国际App</span></p><p><a href=\"https://laohu8.com/S/SPY\">标普指数ETF</a>仍是投资者首选，周三期权成交811万张合约，较前一交易日增加31.68%，其中看涨期权占比41.3%；</p><p><a href=\"https://laohu8.com/S/QQQ\">纳指100ETF</a>周三期权成交322.7万张合约，较前一交易日增加52.15%，其中看涨期权占比47.2%；</p><p>近期科技巨头承压，<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>、<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>、<a href=\"https://laohu8.com/S/AAPL\">苹果</a>、<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>、<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>、<a href=\"https://laohu8.com/S/AMD\">AMD</a>看跌期权成交激增，其中：</p><blockquote>特斯拉期权成交490.1万张，看跌期权成交占比逾六成；</blockquote><blockquote>亚马逊期权成交222万张，看跌期权成交占比逾八成；</blockquote><blockquote>苹果期权成交194.8万张，看跌期权成交占比逾六成；</blockquote><blockquote>英伟达期权成交64.36万张，看跌期权成交占比逾七成；</blockquote><blockquote>阿里巴巴期权成交59.37万张，看跌期权成交占比近九成；</blockquote><blockquote>AMD期权成交47.64万张，看跌期权成交占比逾七成。</blockquote><p><b>三、异动观察</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0835d1a0d56e5cc304110daf3b958150\" tg-width=\"1261\" tg-height=\"552\" referrerpolicy=\"no-referrer\"/><span>数据来源：Market Chameleon</span></p><p><a href=\"https://laohu8.com/S/Z\">Zillow</a>周三收跌4.71%，期权成交19.57万张合约，较90日平均量放大8倍，其中2023年1月20日到期的55美元行使价看跌期权的成交量特别高，成交量为7.88万张。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/35790f6178050a15ceb5ebe42157ae91\" tg-width=\"1579\" tg-height=\"382\" referrerpolicy=\"no-referrer\"/><span>数据来源：Market Chameleon</span></p><p><a href=\"https://laohu8.com/S/AMC\">西南航空</a>周三收跌5.16%，期权成交14.57万张合约，较90日平均量放大逾9倍，其中2022年12月30日到期的33美元行使价看跌期权的成交量特别高，成交量为1.03万张。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3fac5e80b6edb2be052c84457339f51f\" tg-width=\"1579\" tg-height=\"383\" referrerpolicy=\"no-referrer\"/><span>数据来源：Market Chameleon</span></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>期权大单 | 亚马逊等科技巨头Put成交激增！阿里巴巴看跌期权成交占比近九成</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; 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width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n期权大单 | 亚马逊等科技巨头Put成交激增！阿里巴巴看跌期权成交占比近九成\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2022-12-29 11:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><blockquote>周三，期权市场总成交量40,910,277张合约，环比前一交易日增加48.66%，高于90日平均成交量；近期科技巨头承压，特斯拉、亚马逊、苹果、英伟达、AMD看跌期权成交激增；阿里巴巴看跌期权成交占比近九成。</blockquote><p><b>一、市场概览 （12月28日）</b></p><p>周三，美股三大指数集体收跌，且跌幅均超1%。截至收盘，道琼斯指数跌1.10%，报32,875.71点；标普500指数跌1.20%，报3,783.22点；纳斯达克综合指数跌1.35%，报10,213.29点。</p><p>今年仅剩两个交易日，美国股市势将迎来2008年以来表现最糟糕的一年。年初至今，纳指已经累跌34.72%，是三大指数中表现最差的一支，道琼斯指数和标普500指数也分别下跌了9.53%和20.62%。</p><p>期权市场总成交量40,910,277张合约，环比前一交易日（前值27,519,504张合约）增加48.66%，高于90日平均成交量（38,999,422张合约），其中，看跌期权占62%。</p><p><b>二、期权成交总量TOP10</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4fb4f7b8648b1c9df233c882d938fbf0\" tg-width=\"1242\" tg-height=\"2153\" referrerpolicy=\"no-referrer\"/><span>数据来源：老虎国际App</span></p><p><a href=\"https://laohu8.com/S/SPY\">标普指数ETF</a>仍是投资者首选，周三期权成交811万张合约，较前一交易日增加31.68%，其中看涨期权占比41.3%；</p><p><a href=\"https://laohu8.com/S/QQQ\">纳指100ETF</a>周三期权成交322.7万张合约，较前一交易日增加52.15%，其中看涨期权占比47.2%；</p><p>近期科技巨头承压，<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>、<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>、<a href=\"https://laohu8.com/S/AAPL\">苹果</a>、<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>、<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>、<a href=\"https://laohu8.com/S/AMD\">AMD</a>看跌期权成交激增，其中：</p><blockquote>特斯拉期权成交490.1万张，看跌期权成交占比逾六成；</blockquote><blockquote>亚马逊期权成交222万张，看跌期权成交占比逾八成；</blockquote><blockquote>苹果期权成交194.8万张，看跌期权成交占比逾六成；</blockquote><blockquote>英伟达期权成交64.36万张，看跌期权成交占比逾七成；</blockquote><blockquote>阿里巴巴期权成交59.37万张，看跌期权成交占比近九成；</blockquote><blockquote>AMD期权成交47.64万张，看跌期权成交占比逾七成。</blockquote><p><b>三、异动观察</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0835d1a0d56e5cc304110daf3b958150\" tg-width=\"1261\" tg-height=\"552\" referrerpolicy=\"no-referrer\"/><span>数据来源：Market Chameleon</span></p><p><a href=\"https://laohu8.com/S/Z\">Zillow</a>周三收跌4.71%，期权成交19.57万张合约，较90日平均量放大8倍，其中2023年1月20日到期的55美元行使价看跌期权的成交量特别高，成交量为7.88万张。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/35790f6178050a15ceb5ebe42157ae91\" tg-width=\"1579\" tg-height=\"382\" referrerpolicy=\"no-referrer\"/><span>数据来源：Market Chameleon</span></p><p><a href=\"https://laohu8.com/S/AMC\">西南航空</a>周三收跌5.16%，期权成交14.57万张合约，较90日平均量放大逾9倍，其中2022年12月30日到期的33美元行使价看跌期权的成交量特别高，成交量为1.03万张。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3fac5e80b6edb2be052c84457339f51f\" tg-width=\"1579\" tg-height=\"383\" referrerpolicy=\"no-referrer\"/><span>数据来源：Market Chameleon</span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d1fe578ee46cbe0d24c33435ff25ae5","relate_stocks":{"AMD":"美国超微公司","BABA":"阿里巴巴","SPY":"标普500ETF","AMZN":"亚马逊","AAPL":"苹果","QQQ":"纳指100ETF","NVDA":"英伟达","TSLA":"特斯拉"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135722858","content_text":"周三，期权市场总成交量40,910,277张合约，环比前一交易日增加48.66%，高于90日平均成交量；近期科技巨头承压，特斯拉、亚马逊、苹果、英伟达、AMD看跌期权成交激增；阿里巴巴看跌期权成交占比近九成。一、市场概览 （12月28日）周三，美股三大指数集体收跌，且跌幅均超1%。截至收盘，道琼斯指数跌1.10%，报32,875.71点；标普500指数跌1.20%，报3,783.22点；纳斯达克综合指数跌1.35%，报10,213.29点。今年仅剩两个交易日，美国股市势将迎来2008年以来表现最糟糕的一年。年初至今，纳指已经累跌34.72%，是三大指数中表现最差的一支，道琼斯指数和标普500指数也分别下跌了9.53%和20.62%。期权市场总成交量40,910,277张合约，环比前一交易日（前值27,519,504张合约）增加48.66%，高于90日平均成交量（38,999,422张合约），其中，看跌期权占62%。二、期权成交总量TOP10数据来源：老虎国际App标普指数ETF仍是投资者首选，周三期权成交811万张合约，较前一交易日增加31.68%，其中看涨期权占比41.3%；纳指100ETF周三期权成交322.7万张合约，较前一交易日增加52.15%，其中看涨期权占比47.2%；近期科技巨头承压，特斯拉、亚马逊、苹果、英伟达、阿里巴巴、AMD看跌期权成交激增，其中：特斯拉期权成交490.1万张，看跌期权成交占比逾六成；亚马逊期权成交222万张，看跌期权成交占比逾八成；苹果期权成交194.8万张，看跌期权成交占比逾六成；英伟达期权成交64.36万张，看跌期权成交占比逾七成；阿里巴巴期权成交59.37万张，看跌期权成交占比近九成；AMD期权成交47.64万张，看跌期权成交占比逾七成。三、异动观察数据来源：Market ChameleonZillow周三收跌4.71%，期权成交19.57万张合约，较90日平均量放大8倍，其中2023年1月20日到期的55美元行使价看跌期权的成交量特别高，成交量为7.88万张。数据来源：Market Chameleon西南航空周三收跌5.16%，期权成交14.57万张合约，较90日平均量放大逾9倍，其中2022年12月30日到期的33美元行使价看跌期权的成交量特别高，成交量为1.03万张。数据来源：Market Chameleon","news_type":1,"symbols_score_info":{"AMD":0.9,"BABA":0.9,"TSLA":0.9,"AMZN":0.9,"NVDA":0.9,"AAPL":0.9,"QQQ":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":4461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":517441659068712,"gmtCreate":1767301222636,"gmtModify":1767309932812,"author":{"id":"3548541721914459","authorId":"3548541721914459","name":"爱德华索普","avatar":"https://static.tigerbbs.com/7838efb75b8e1801d1353c64025103be","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3548541721914459","authorIdStr":"3548541721914459"},"themes":[],"title":"","htmlText":"AI脑子坏掉了","listText":"AI脑子坏掉了","text":"AI脑子坏掉了","images":[{"img":"https://static.tigerbbs.com/f3d05a0b0bd62c4704e67ee23160dab1"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/517441659068712","repostId":"2600038866","repostType":2,"repost":{"id":"2600038866","kind":"news","pubTimestamp":1767275423,"share":"https://www.laohu8.com/m/news/2600038866?lang=zh_CN&edition=full","pubTime":"2026-01-01 21:50","market":"hk","language":"zh","title":"比亚迪成最大赢家！小米紧追问界理想，2025年中国车市成绩单来了","url":"https://stock-news.laohu8.com/highlight/detail?id=2600038866","media":"车东西","summary":"12大车企多卖240万台，5家达成年销目标。比亚迪、吉利则压哨达成年销，过去一年分别卖车460.24万台、302.46万台，年销目标达成100%、101%。零跑汽车于2025年11月15日宣布年内累计销量突破50万台，提前完成原定目标。最终，小米汽车全年交付超40万辆，年销量目标达成116%。比亚迪2025年销量超过了460万台，再创历史新高，圆满达成460万台年销。比亚迪成为了2025年车市最大赢家，2025年销量超过460万台，比2024年多卖车33万台，同比增长8%。","content":"<html><body><article><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215727310v2065q96mk0vjhc\"/><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215734142v2067lvuhnhfdxg\"/><p><strong>12大车企多卖240万台，5家达成年销目标。</strong></p><p><strong>作者 |</strong>郭月</p><p><strong>编辑 |</strong>志豪</p><p>2025年中国汽<a href=\"https://laohu8.com/S/01490\">车市</a>场新能源卖爆了！</p><p>车东西1月1日消息，2026年第一天，12家车企2025年销量战报重磅出炉，累计卖车1226万台，比2024年多卖车240万台。</p><p><strong>5家车企笑到最后，圆满达成2025年全年销量目标，</strong>他们分别为<strong><a href=\"https://laohu8.com/S/BYDDY\">比亚迪</a>、吉利、零跑、小鹏、<a href=\"https://laohu8.com/S/XIACY\">小米</a></strong>。</p><p>这其中，<strong>3家车企提前一个月达成年销，它们是零跑、小鹏、<a href=\"https://laohu8.com/S/01810\">小米</a></strong>，全年分别交付59.66万台、42.94万台、超40万台，年销目标达成率为119%、113%、116%。</p><p><strong><a href=\"https://laohu8.com/S/002594\">比亚迪</a>、吉利则压哨达成年销，</strong>过去一年分别卖车460.24万台、302.46万台，年销目标达成100%、101%。</p><p>还有5家车企并未完成年销量目标，它们是<strong>理想、深蓝、<a href=\"https://laohu8.com/S/NIO\">蔚来</a>、岚图、智己。</strong></p><p>未公布2025年销量目标的<a href=\"https://laohu8.com/S/601633\">长城汽车</a>，全年累计交付超132万台，同比增长7%。<strong>鸿蒙智行全年累计交付58.91万辆，同比增长3成，成为中国新势力品牌中的强劲力量。</strong></p><p>整体看来，2025年对于中国新能源车企来说是极为不平凡的一年，有人再迎高光，有人成功翻身，但还有人遗憾退场，车企分化进一步加剧。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215744289v206e70ab7lq9gc\"/><p>▲国内主要车企2025年销量及年销达成率</p><p>本文福利：2025年车市收官，新车大战还在继续。分享报告《车企扎堆推新车，瞄准2026年车市》，对话框回复【车东西0878】下载报告。</p><p><strong>01</strong><strong>.</strong></p><p><strong><a href=\"https://laohu8.com/S/01211\">比亚迪</a>卖了吉利<a href=\"https://laohu8.com/S/002071\">长城</a>总和</strong></p><p><strong>5家车企达成年销</strong></p><p>全年销量目标是衡量车企一年以来产品竞争力、营销能力、运营水平的核心指标之一，从这个维度上看，2025年至少有5家车企达成全年销量目标。</p><p>新势力车企中，零跑、<a href=\"https://laohu8.com/S/81810\">小米</a>、小鹏这三家提前1个月实现年销目标。</p><p><a href=\"https://laohu8.com/S/09863\">零跑汽车</a>于2025年11月15日宣布年内累计销量突破‌50万台‌，提前完成原定目标。而在2025年半年财报会上，零跑官方更是将全年销量指引上调至‌58万至65万辆‌。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215745421v20653wmyh98i0t\"/><p>▲零跑官宣提前45天达成2025年销量目标</p><p>2025年全年，零跑累计交付量达‌59.66万台‌，同比增长‌103%‌，接近‌60万辆‌，超额完成目标。‌</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215747687v206k4pr0bwogps\"/><p>▲零跑汽车2025年全年交付量</p><p>小米汽车也在2025年三季度财报会上官宣，会在11月下旬提前完成35万辆的销售目标。最终，小米汽车全年交付超40万辆，年销量目标达成116%。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215753856v206cprvxzjymw6\"/><p>▲小米汽车2025年全年交付量</p><p>同样在2025年11月，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>年内累计交付‌39.2万辆‌，提前达成38万辆（销量翻番）的目标，2025年全年累计交付42.94万台，达成年销量目标113%。</p><img src=\"https://mmbiz.qpic.cn/mmbiz_png/vHUB2sDB7M43RGxjiajNFdgtwYdEEWwzbEanfEtPWnRCvWEOgG0HAv6DsZiaZNHCay7oibjnJv5UD1LicGRzABjibFg/640?from=appmsg\"/><p>▲<a href=\"https://laohu8.com/S/09868\">小鹏汽车</a>2025年全年交付量</p><p>比亚迪、吉利等车企也在最后一刻压哨实现了年销量目标。</p><p>比亚迪2025年销量超过了460万台，再创历史新高，圆满达成460万台年销。</p><img src=\"https://mmbiz.qpic.cn/mmbiz_png/vHUB2sDB7M43RGxjiajNFdgtwYdEEWwzb6uvBdzs1PPhUo9Eziaq7BD8ncQatJ60RI6yhdrqARpVLpMxJ23uZCGg/640?from=appmsg\"/><p>▲比亚迪汽车2025年全年销量</p><p>吉利汽车2025年表现也尤为亮眼，全年销售新车超302万台。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215834913v206jvigqw04qgc\"/><p>▲<a href=\"https://laohu8.com/S/00175\">吉利汽车</a>2025年全年销量</p><p>值得注意的是，吉利在年中将2025年的销售目标由271万辆提升至300万辆，若按照271万辆销量目标计算，吉利2025年前11个月销量已经超过278万辆，提前1个月达成年销目标。</p><p>若按照300万辆的销量目标计算，吉利汽车年销达成101%。</p><p>不过，并非所有车企2025年都实现圆满收官，理想、深蓝、<a href=\"https://laohu8.com/S/09866\">蔚来</a>、阿维塔、岚图汽车这几家距离年销目标还有一些差距。</p><p><a href=\"https://laohu8.com/S/LI\">理想汽车</a>已经把销量目标从70万辆下调至64万辆，截至发文时间<a href=\"https://laohu8.com/S/02015\">理想汽车</a>并未公布全年销量目标，仅官宣四季度交付10.92万辆，简单计算一下，其全年交付量达到40.63万辆，年销量目标仅达成63%。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215836247v20688m6bgpvo8e\"/><p>▲理想汽车2025年全年交付量</p><p>深蓝汽车2025年累计销量超过33万，同比增长37%，36万台的2025年销量目标实现超9成。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215842899v206ocpohi1kxiy\"/><p>▲深蓝汽车2025年全年销量</p><p><a href=\"https://laohu8.com/S/NIO.SI\">蔚来</a>汽车全年交付32.60万台，44万台的年销量目标达成74%。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215844098v206xkmnrrgyef3\"/><p>▲蔚来汽车2025年全年交付量</p><p>而像岚图、智己等汽车品牌全年分别交付15万台、8万台，分别实现全年销量目标的75%、81%，尽管全年销量实现增长，但相比蔚来、理想等品牌的交付规模，仍有成长的空间。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215856299v206xk8d53140bw\"/><p>▲岚图汽车2025年全年交付量</p><p>整体来看，部分车企未能实现全年销量目标，或是因为目标设定偏高，或是新产品缺乏竞争力、细分市场替代性强，此外，新能源板块推进不足也影响了一些车企销量增长。</p><p><strong>02</strong><strong>.</strong></p><p><strong>比亚迪吉利小米创年销新高</strong></p><p><strong>仅有1家车企销量下滑</strong></p><p>2025年车企销量排行榜，还有哪些值得关注的看点？</p><p>从全年销量的维度来看，这12家国内车企有11家实现年销量同比增长。</p><p>划分阵营来看，新势力品牌阵营中，8家新势力2025全年销量呈现增长，零跑、小鹏、小米、智己更是实现翻倍增长。</p><p>拿下2025年新势力销量一哥的零跑，全年交付新车59.66万辆，同比增长103%。其成功被零跑汽车董事长朱江明归结于“品价比”，即在同等价格下提供更优的配置与技术。</p><p>过去一年，零跑推出了一系列如零跑B01、零跑Lafa5等主打高性价比的走量车型，并通过全域自研有效控制成本，展现出更强的销量爆发力。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215857784v206eb2ydib6jzd\"/><p>▲零跑Lafa5在慕尼黑国际车展上首发亮相</p><p>2025年最后一个月，小米汽车战绩亮眼，交付量突破5万大关，也是其历史首次达成单月5万台交付成就。</p><p>2025年小米汽车累计交付超50万台，是2024年交付量的三倍，算是给风波不断的一年画了一个圆满的句号。</p><p>这一成绩代表的是小米爆款思路的成功，根据<a href=\"https://laohu8.com/S/ATHM\">汽车之家</a>数据，小米SU7 2025年累计交付超24万，成为过去一年20万以上轿车市场销冠，终结了Model 3在中国的销量神话。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215909497v206822zmyplq08\"/><p>▲MWC小米展台现场</p><p>小米YU7在产能爬升之后，更是连续4个月成为中大型SUV销冠，伴随着产能提升，两款爆款车持续贡献更多销量。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215922441v206fnvr29f5a7a\"/><p>▲小米YU7</p><p>就蔚小理三家而言，小鹏汽车2025年12月交付3.75万台，年底交付量受挫，在蔚小理中排在第三名。</p><p>不过，小鹏2025年交付量达到42.94万台，同比增长126%，年销量在蔚小理中排在第一，海外市场表现不错，交付4.5万辆，同比接近翻倍。</p><p>蔚来集团则着重强调了其2025年12月交付成绩，12月交付新车4.81万台，在蔚小理中排在第一，同比增长54.6%，再创历史新高。</p><p>值得注意的是，蔚来ES8贡献了当月接近一半的销量，单车交付2.23万台。乐道品牌12月交付新车9154台，firefly萤火虫12月交付7084台，创历史新高，环比增长16.4%，交付量连续五个月增长。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215925925v206bt7cr5ru8lb\"/><p>▲蔚来全新ES8</p><p>从年销角度来看，蔚来集团全年交付32.6万台，在蔚小理三家中排在第三名，其中蔚来品牌交付17.88万台，乐道交付10.78万台，萤火虫交付3.94万台。</p><p>比亚迪成为了2025年车市最大赢家，2025年销量超过460万台，比2024年多卖车33万台，同比增长8%。</p><p>这主要得益于三大引擎：一是海外市场爆发式增长，2025年其乘用车及皮卡海外销售104.96万辆，这是比亚迪海外销量首次突破100万辆，同比增长145%，成为年销量关键增长极。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215941111v206e1tugkd64wa\"/><p>▲比亚迪2025年海外销量突破100万</p><p>二是智能化车型快速普及，截至2025年11月底，比亚迪搭载“天神之眼”驾驶辅助系统的车型累计销量已突破230万辆，全面提升了旗下产品竞争力。</p><p>三则是更完善的车型矩阵，过去一年，比亚迪密集推出了海豹06 EV、方程豹钛3、仰望U8L等一系列全新车型，实现了对主流家用到豪华高端市场的全面覆盖，进一步触达了更广泛的消费群体，成为其销量爆发的关键支撑。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215945403v206hhxdh341f26\"/><p>▲比亚迪仰望U8L</p><p>吉利汽车也创下了全年销量新高，2025年累计销量超302万辆，其销量增长离不开吉利<a href=\"https://laohu8.com/S/000806\">银河</a>、<a href=\"https://laohu8.com/S/ZK\">极氪</a>科技集团在电动化与高端化上的全面发力，以及全球化布局的深入。</p><p>特别是其银河系列，以惊人的速度扩张，全年销量124万辆超额完成“百万银河”销量目标，领克品牌全年突破35万辆，创历史新高；极氪品牌单月突破3万辆，创历史新高，在新能源转型方面的资源投入与技术积累为全年销量增长发力打下了基础。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215951131v206njy627art1a\"/><p>▲吉利集团2025年销量</p><p>理想汽车在向纯电转型中遭遇阵痛，成为已统计车企中唯一2025年销量下滑的车企，全年交付40.63万台，同比下滑19%。</p><p>理想汽车年销量下滑，主要受到中高端增程SUV市场竞争激烈、L系列产品销量增速放缓、纯电SUV产能爬坡、MEGA一系列舆论事件等影响。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101215952265v206y8isiaucnkw\"/><p>▲理想i6</p><p>相较2024年销量有所变动，但理想汽车交付规模依旧可观，截至2025年，理想汽车历史累计交付量为154万辆，稳居新势力第一梯队，在新能源中高端汽车市场根基依旧深厚。</p><p>鸿蒙智行虽未公布2025年销量目标，但在凌晨1点半就发布了销量战报，12月单月交付8.96万台，相比11月增长0.78万，连续三个月创月度交付历史新高。其2025年交付58.91万台，同比增长3成，比2024年多卖14.4万台。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101220005560v2063m6hx1l1vw5\"/><p>▲鸿蒙智行2025年全年销量</p><p>鸿蒙智行销量爆发主要得益于五界布局的协同效应。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101220017898v206u6ih7uqu60n\"/><p>▲问界2025年交付42.29万台</p><p>相较2024年，鸿蒙智行的销量增长主要由问界带动，2025年智界连续3个月交付破万，享界12月销量8800台再创新高，尊界，尚界同样取得了可观销量。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20260101220020541v206siyzo7bvrcm\"/><p>▲享界2025年全年销量</p><p>伴随着明年海量新车的入市，鸿蒙智行有望在销量上达到新的高度。</p><p><strong>03</strong><strong>.</strong></p><p><strong>结语：国内车市洗牌加剧</strong></p><p>综合以上车企晒出的全年销售战报来看，2025年国内主要新能源车企销量同比大都实现了增长，这也说明2025年新能源汽车市场还是比较火热的。</p><p>来到2026年，中国新能源汽车销量有望进一步提升。</p><p>日前，车百会理事长张永伟指出，预计2026年国内汽车市场微增2%至2820万辆，新能源汽车销量（含出口）有望达2000万辆，国内渗透率达到57%。</p><p>在中国汽车市场销量狂奔的同时，产业竞争格局也在重塑，行业淘汰赛将进一步升级。你认为2026年中国车市又会发生哪些变化呢？</p></article></body></html>","source":"tencent","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>比亚迪成最大赢家！小米紧追问界理想，2025年中国车市成绩单来了</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n比亚迪成最大赢家！小米紧追问界理想，2025年中国车市成绩单来了\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-01 21:50 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260101220131a491fe5c&s=b><strong>车东西</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>12大车企多卖240万台，5家达成年销目标。作者 |郭月编辑 |志豪2025年中国汽车市场新能源卖爆了！车东西1月1日消息，2026年第一天，12家车企2025年销量战报重磅出炉，累计卖车1226万台，比2024年多卖车240万台。5家车企笑到最后，圆满达成2025年全年销量目标，他们分别为比亚迪、吉利、零跑、小鹏、小米。这其中，3家车企提前一个月达成年销，它们是零跑、小鹏、小米，全年分别交付...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260101220131a491fe5c&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"81211":"比亚迪股份-R","81810":"小米集团-WR","LU1251922891.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) ACC","LU1861214812.USD":"Blackrock Future of Transport A2 USD","LU0819121731.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED GROWTH \"AC\" (USD) ACC","LU1770036033.HKD":"NINETY ONE GSF ASIAN EQUITY \"A\" (HKD) ACC","SG9999002828.SGD":"Eastspring Investments Unit Trusts - Dragon Peacock A SGD","LU0594300419.USD":"富达中国消费基金A","LU0505663152.USD":"abrdn SICAV I - FUTURE MINERALS \"A\" (USD) ACC","LU0650527681.SGD":"Fidelity China Consumer A-SGD","LU1861219969.SGD":"Blackrock Future of Transport A2 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ACC"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260101220131a491fe5c&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2600038866","content_text":"12大车企多卖240万台，5家达成年销目标。作者 |郭月编辑 |志豪2025年中国汽车市场新能源卖爆了！车东西1月1日消息，2026年第一天，12家车企2025年销量战报重磅出炉，累计卖车1226万台，比2024年多卖车240万台。5家车企笑到最后，圆满达成2025年全年销量目标，他们分别为比亚迪、吉利、零跑、小鹏、小米。这其中，3家车企提前一个月达成年销，它们是零跑、小鹏、小米，全年分别交付59.66万台、42.94万台、超40万台，年销目标达成率为119%、113%、116%。比亚迪、吉利则压哨达成年销，过去一年分别卖车460.24万台、302.46万台，年销目标达成100%、101%。还有5家车企并未完成年销量目标，它们是理想、深蓝、蔚来、岚图、智己。未公布2025年销量目标的长城汽车，全年累计交付超132万台，同比增长7%。鸿蒙智行全年累计交付58.91万辆，同比增长3成，成为中国新势力品牌中的强劲力量。整体看来，2025年对于中国新能源车企来说是极为不平凡的一年，有人再迎高光，有人成功翻身，但还有人遗憾退场，车企分化进一步加剧。▲国内主要车企2025年销量及年销达成率本文福利：2025年车市收官，新车大战还在继续。分享报告《车企扎堆推新车，瞄准2026年车市》，对话框回复【车东西0878】下载报告。01.比亚迪卖了吉利长城总和5家车企达成年销全年销量目标是衡量车企一年以来产品竞争力、营销能力、运营水平的核心指标之一，从这个维度上看，2025年至少有5家车企达成全年销量目标。新势力车企中，零跑、小米、小鹏这三家提前1个月实现年销目标。零跑汽车于2025年11月15日宣布年内累计销量突破‌50万台‌，提前完成原定目标。而在2025年半年财报会上，零跑官方更是将全年销量指引上调至‌58万至65万辆‌。▲零跑官宣提前45天达成2025年销量目标2025年全年，零跑累计交付量达‌59.66万台‌，同比增长‌103%‌，接近‌60万辆‌，超额完成目标。‌▲零跑汽车2025年全年交付量小米汽车也在2025年三季度财报会上官宣，会在11月下旬提前完成35万辆的销售目标。最终，小米汽车全年交付超40万辆，年销量目标达成116%。▲小米汽车2025年全年交付量同样在2025年11月，小鹏汽车年内累计交付‌39.2万辆‌，提前达成38万辆（销量翻番）的目标，2025年全年累计交付42.94万台，达成年销量目标113%。▲小鹏汽车2025年全年交付量比亚迪、吉利等车企也在最后一刻压哨实现了年销量目标。比亚迪2025年销量超过了460万台，再创历史新高，圆满达成460万台年销。▲比亚迪汽车2025年全年销量吉利汽车2025年表现也尤为亮眼，全年销售新车超302万台。▲吉利汽车2025年全年销量值得注意的是，吉利在年中将2025年的销售目标由271万辆提升至300万辆，若按照271万辆销量目标计算，吉利2025年前11个月销量已经超过278万辆，提前1个月达成年销目标。若按照300万辆的销量目标计算，吉利汽车年销达成101%。不过，并非所有车企2025年都实现圆满收官，理想、深蓝、蔚来、阿维塔、岚图汽车这几家距离年销目标还有一些差距。理想汽车已经把销量目标从70万辆下调至64万辆，截至发文时间理想汽车并未公布全年销量目标，仅官宣四季度交付10.92万辆，简单计算一下，其全年交付量达到40.63万辆，年销量目标仅达成63%。▲理想汽车2025年全年交付量深蓝汽车2025年累计销量超过33万，同比增长37%，36万台的2025年销量目标实现超9成。▲深蓝汽车2025年全年销量蔚来汽车全年交付32.60万台，44万台的年销量目标达成74%。▲蔚来汽车2025年全年交付量而像岚图、智己等汽车品牌全年分别交付15万台、8万台，分别实现全年销量目标的75%、81%，尽管全年销量实现增长，但相比蔚来、理想等品牌的交付规模，仍有成长的空间。▲岚图汽车2025年全年交付量整体来看，部分车企未能实现全年销量目标，或是因为目标设定偏高，或是新产品缺乏竞争力、细分市场替代性强，此外，新能源板块推进不足也影响了一些车企销量增长。02.比亚迪吉利小米创年销新高仅有1家车企销量下滑2025年车企销量排行榜，还有哪些值得关注的看点？从全年销量的维度来看，这12家国内车企有11家实现年销量同比增长。划分阵营来看，新势力品牌阵营中，8家新势力2025全年销量呈现增长，零跑、小鹏、小米、智己更是实现翻倍增长。拿下2025年新势力销量一哥的零跑，全年交付新车59.66万辆，同比增长103%。其成功被零跑汽车董事长朱江明归结于“品价比”，即在同等价格下提供更优的配置与技术。过去一年，零跑推出了一系列如零跑B01、零跑Lafa5等主打高性价比的走量车型，并通过全域自研有效控制成本，展现出更强的销量爆发力。▲零跑Lafa5在慕尼黑国际车展上首发亮相2025年最后一个月，小米汽车战绩亮眼，交付量突破5万大关，也是其历史首次达成单月5万台交付成就。2025年小米汽车累计交付超50万台，是2024年交付量的三倍，算是给风波不断的一年画了一个圆满的句号。这一成绩代表的是小米爆款思路的成功，根据汽车之家数据，小米SU7 2025年累计交付超24万，成为过去一年20万以上轿车市场销冠，终结了Model 3在中国的销量神话。▲MWC小米展台现场小米YU7在产能爬升之后，更是连续4个月成为中大型SUV销冠，伴随着产能提升，两款爆款车持续贡献更多销量。▲小米YU7就蔚小理三家而言，小鹏汽车2025年12月交付3.75万台，年底交付量受挫，在蔚小理中排在第三名。不过，小鹏2025年交付量达到42.94万台，同比增长126%，年销量在蔚小理中排在第一，海外市场表现不错，交付4.5万辆，同比接近翻倍。蔚来集团则着重强调了其2025年12月交付成绩，12月交付新车4.81万台，在蔚小理中排在第一，同比增长54.6%，再创历史新高。值得注意的是，蔚来ES8贡献了当月接近一半的销量，单车交付2.23万台。乐道品牌12月交付新车9154台，firefly萤火虫12月交付7084台，创历史新高，环比增长16.4%，交付量连续五个月增长。▲蔚来全新ES8从年销角度来看，蔚来集团全年交付32.6万台，在蔚小理三家中排在第三名，其中蔚来品牌交付17.88万台，乐道交付10.78万台，萤火虫交付3.94万台。比亚迪成为了2025年车市最大赢家，2025年销量超过460万台，比2024年多卖车33万台，同比增长8%。这主要得益于三大引擎：一是海外市场爆发式增长，2025年其乘用车及皮卡海外销售104.96万辆，这是比亚迪海外销量首次突破100万辆，同比增长145%，成为年销量关键增长极。▲比亚迪2025年海外销量突破100万二是智能化车型快速普及，截至2025年11月底，比亚迪搭载“天神之眼”驾驶辅助系统的车型累计销量已突破230万辆，全面提升了旗下产品竞争力。三则是更完善的车型矩阵，过去一年，比亚迪密集推出了海豹06 EV、方程豹钛3、仰望U8L等一系列全新车型，实现了对主流家用到豪华高端市场的全面覆盖，进一步触达了更广泛的消费群体，成为其销量爆发的关键支撑。▲比亚迪仰望U8L吉利汽车也创下了全年销量新高，2025年累计销量超302万辆，其销量增长离不开吉利银河、极氪科技集团在电动化与高端化上的全面发力，以及全球化布局的深入。特别是其银河系列，以惊人的速度扩张，全年销量124万辆超额完成“百万银河”销量目标，领克品牌全年突破35万辆，创历史新高；极氪品牌单月突破3万辆，创历史新高，在新能源转型方面的资源投入与技术积累为全年销量增长发力打下了基础。▲吉利集团2025年销量理想汽车在向纯电转型中遭遇阵痛，成为已统计车企中唯一2025年销量下滑的车企，全年交付40.63万台，同比下滑19%。理想汽车年销量下滑，主要受到中高端增程SUV市场竞争激烈、L系列产品销量增速放缓、纯电SUV产能爬坡、MEGA一系列舆论事件等影响。▲理想i6相较2024年销量有所变动，但理想汽车交付规模依旧可观，截至2025年，理想汽车历史累计交付量为154万辆，稳居新势力第一梯队，在新能源中高端汽车市场根基依旧深厚。鸿蒙智行虽未公布2025年销量目标，但在凌晨1点半就发布了销量战报，12月单月交付8.96万台，相比11月增长0.78万，连续三个月创月度交付历史新高。其2025年交付58.91万台，同比增长3成，比2024年多卖14.4万台。▲鸿蒙智行2025年全年销量鸿蒙智行销量爆发主要得益于五界布局的协同效应。▲问界2025年交付42.29万台相较2024年，鸿蒙智行的销量增长主要由问界带动，2025年智界连续3个月交付破万，享界12月销量8800台再创新高，尊界，尚界同样取得了可观销量。▲享界2025年全年销量伴随着明年海量新车的入市，鸿蒙智行有望在销量上达到新的高度。03.结语：国内车市洗牌加剧综合以上车企晒出的全年销售战报来看，2025年国内主要新能源车企销量同比大都实现了增长，这也说明2025年新能源汽车市场还是比较火热的。来到2026年，中国新能源汽车销量有望进一步提升。日前，车百会理事长张永伟指出，预计2026年国内汽车市场微增2%至2820万辆，新能源汽车销量（含出口）有望达2000万辆，国内渗透率达到57%。在中国汽车市场销量狂奔的同时，产业竞争格局也在重塑，行业淘汰赛将进一步升级。你认为2026年中国车市又会发生哪些变化呢？","news_type":1,"symbols_score_info":{"81211":0.6,"81810":0.6,"09868":0.9,"01810":1.92,"09863":0.9,"HYDD.SI":0.6,"NIO.SI":1.86,"XPEV":0.9,"NIO":0.9,"XIACY":1.92,"LI":1.9,"002594":1.96,"01211":1.96,"BYDDY":1.96,"09866":0.9,"MIUmain":0.6,"HXXD.SI":0.6,"02015":1.9,"09927":0.9}},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":489993624653984,"gmtCreate":1760654673120,"gmtModify":1760654675900,"author":{"id":"3548541721914459","authorId":"3548541721914459","name":"爱德华索普","avatar":"https://static.tigerbbs.com/7838efb75b8e1801d1353c64025103be","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3548541721914459","authorIdStr":"3548541721914459"},"themes":[],"htmlText":"仅适合经验丰富、纪律严明、能承受快速亏损的交易者；不建议将其作为核心长期资产配置。若决定参与，做短线，小资金，并严格风控！！！","listText":"仅适合经验丰富、纪律严明、能承受快速亏损的交易者；不建议将其作为核心长期资产配置。若决定参与，做短线，小资金，并严格风控！！！","text":"仅适合经验丰富、纪律严明、能承受快速亏损的交易者；不建议将其作为核心长期资产配置。若决定参与，做短线，小资金，并严格风控！！！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/489993624653984","isVote":1,"tweetType":1,"viewCount":1085,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":490379893977192,"gmtCreate":1760749128729,"gmtModify":1760749131427,"author":{"id":"3548541721914459","authorId":"3548541721914459","name":"爱德华索普","avatar":"https://static.tigerbbs.com/7838efb75b8e1801d1353c64025103be","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3548541721914459","authorIdStr":"3548541721914459"},"themes":[],"htmlText":"有人开玩笑说，散户一般只有两个操作，一个是底部区域涨起来后，小赚就落袋；然后主升浪眼睁睁看着，不敢碰，一直等快到顶部时，受赚钱效应刺激，忍不住再追进去。看似玩笑，实则符合人性特点。","listText":"有人开玩笑说，散户一般只有两个操作，一个是底部区域涨起来后，小赚就落袋；然后主升浪眼睁睁看着，不敢碰，一直等快到顶部时，受赚钱效应刺激，忍不住再追进去。看似玩笑，实则符合人性特点。","text":"有人开玩笑说，散户一般只有两个操作，一个是底部区域涨起来后，小赚就落袋；然后主升浪眼睁睁看着，不敢碰，一直等快到顶部时，受赚钱效应刺激，忍不住再追进去。看似玩笑，实则符合人性特点。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/490379893977192","isVote":1,"tweetType":1,"viewCount":638,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":486101849989592,"gmtCreate":1759705754163,"gmtModify":1759705762773,"author":{"id":"3548541721914459","authorId":"3548541721914459","name":"爱德华索普","avatar":"https://static.tigerbbs.com/7838efb75b8e1801d1353c64025103be","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3548541721914459","authorIdStr":"3548541721914459"},"themes":[],"htmlText":"财富是对认知的补偿，而不是对勤奋的奖励","listText":"财富是对认知的补偿，而不是对勤奋的奖励","text":"财富是对认知的补偿，而不是对勤奋的奖励","images":[{"img":"https://static.tigerbbs.com/f142749f08bca6534b918a9f5108b07d"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/486101849989592","isVote":1,"tweetType":1,"viewCount":1239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":486051356275440,"gmtCreate":1759693717287,"gmtModify":1759693719741,"author":{"id":"3548541721914459","authorId":"3548541721914459","name":"爱德华索普","avatar":"https://static.tigerbbs.com/7838efb75b8e1801d1353c64025103be","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3548541721914459","authorIdStr":"3548541721914459"},"themes":[],"htmlText":"<a 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