大摩：新车补贴政策调整有利高端车款销售偏好理想汽车-W(02015)、蔚来-SW(09866)及中升控股(00881)

智通财经2025-12-31

智通财经APP获悉，摩根士丹利发布研报称，国家发改委昨(30日)宣布明年延续新车补贴政策，新能源车及内燃动力车辆每辆补贴2万及1.5万元人民币，地方政府对该两类车辆弃旧换新补贴为每辆1.5万及1.3万元人民币，有关政策符合该行预期。该行表示，新政策考虑车价，意味15万元人民币以下汽车所获补贴同比减少，售价15万至20万元人民币车辆最能用尽优惠，高端车款不受补贴政策调整影响。该行在车股中偏好提供...

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大摩：新车补贴政策调整有利高端车款销售 偏好理想汽车-W(02015)、蔚来-SW(09866)及中升控股(00881)

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大摩：新车补贴政策调整有利高端车款销售偏好理想汽车-W(02015)、蔚来-SW(09866)及中升控股(00881)