新势力大洗牌！零跑小鹏小米完成目标

汽车行业关注01-04

随着12月份结束，新势力也交出了2025年的年度成绩单。从销量来看，零跑汽车位居新势力第一，全年销量59.7万辆，鸿蒙智行紧跟其后，全年交付58.9万辆，小鹏汽车排名第三，为42.9万辆。从目标完成率来看，零跑汽车、小鹏汽车、小米汽车完成此前既定的销量目标，其中小鹏汽车完成率最高，为122.7%，全年销量目标35万辆，最新交付42.9万辆，零跑汽车和小米汽车完成率分别为119.31%、...

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href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260104211308a49b0726&s=b><strong>汽车行业关注</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>随着12月份结束，新势力也交出了2025年的年度成绩单。从销量来看，零跑汽车位居新势力第一，全年销量59.7万辆，鸿蒙智行紧跟其后，全年交付58.9万辆，小鹏汽车排名第三，为42.9万辆。从目标完成率来看，零跑汽车、小鹏汽车、小米汽车完成此前既定的销量目标，其中小鹏汽车完成率最高，为122.7%，全年销量目标35万辆，最新交付42.9万辆，零跑汽车和小米汽车完成率分别为119.31%、...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260104211308a49b0726&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0348825331.USD","symbol_name":"ALLIANZ CHINA EQUITY \"A\" (USD) 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Zero-running XPeng Xiaomi completes its goal","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"81810":0.6,"XPEV":1.92,"09868":1.92,"01810":1.9,"XIACY":1.9,"MIUmain":0.6,"HXXD.SI":0.6},"content_text":"随着12月份结束，新势力也交出了2025年的年度成绩单。从销量来看，零跑汽车位居新势力第一，全年销量59.7万辆，鸿蒙智行紧跟其后，全年交付58.9万辆，小鹏汽车排名第三，为42.9万辆。从目标完成率来看，零跑汽车、小鹏汽车、小米汽车完成此前既定的销量目标，其中小鹏汽车完成率最高，为122.7%，全年销量目标35万辆，最新交付42.9万辆，零跑汽车和小米汽车完成率分别为119.31%、108.57%。零跑汽车全年销量59.66万辆，同比增长103%，较2024年翻番，成为2025年新势力最大“黑马”，超过2024年的理想汽车成为最新年度销冠。年内，零跑汽车与中国一汽签署《战略合作谅解备忘录》，明确新能源与智能化领域协同方向，并在12月获得一汽股权37.44亿元战略入股，与一汽旗新动力签署动力总成联合开发协议，聚焦插混与增程技术协同。年内，零跑汽车发布并上市多款车型，包括B系列首款车型B10、B系列首款轿车B01、Lafa5以及C11改款，这是零跑汽车年内销量稳定增长的关键，2026年零跑汽车将上市D19、D99、A10等多款车型，助力2026年更上一层楼。12月28日，零跑汽车举办十周年发布会，宣布告别“新势力身份，发布未来十年战略，2026年目标销量100万辆。小米汽车也是2025年的黑马之一，仅凭借小米SU7和小米YU7两款主力车型，全年交付超41万辆，其中12月交付超5万辆，创历史新高。最初小米汽车的交付目标是30万辆，随着产能提升后雷军将这一目标提升至35万辆，全年最终交付超41万辆。年内，小米汽车推出首款SUV——小米YU7，新车于6月上市，7月交付，9月交付了超过小米SU7，截至2025年11月交付132350辆，月销量在2万辆以上。据了解，小米汽车计划在2026年推出四款新车，包括新款SU7、SU7行政版、全新5座增程SUV，全新7座增程SUV，其中新款SU7和7座增程SUV计划上半年推出，SU7行政版与增程五座SUV计划下半年至年底推出。小鹏汽车全年交付42.9万辆，同比增长126%，既定销量目标是35万辆，目标完成率为122.7%。小鹏汽车在年内推出多款新车，7月上市G7，8月上市全新P7，11月上市X9超级增程版。研发与生产方面，9月宣布慕尼黑欧洲研发中心启用，12月宣布印尼、马来西亚本地化生产落地，覆盖60个国家和地区，同时登陆卡塔尔，加速中东非布局。其它品牌方面，理想汽车备受关注，2025年是理想汽车“增程守盘、纯电破局、AI深化、组织重构”的转折年，全年在纯电转型阵痛与市场竞争加剧下，呈现“销量承压、纯电起势、组织回归、现金流充裕”的格局，累计交付40.56万辆（全年目标64万辆，完成率63.49%），历史累计交付突破150万辆，同步推进AI智驾与超充补能网络建设，为2026年产品大年蓄力。蔚来公司的2025年，是“技术落地、销量回暖、盈利攻坚、全球化深耕”的调整年，全年交付29.8万辆，同比增长38%，营收与毛利率持续改善，换电+超充补能网络与智驾技术加速落地，全球化布局深化，亏损收窄但仍处盈利攻坚期。岚图汽车全年交付15.02 万辆，同比增长87%，其全年目标20万辆，目标完成率为75.08%。2025年，岚图汽车推出岚图泰山、岚图追光L两款重磅车型，与岚图梦想家组成“三旗舰”，加上岚图FREE+和岚图知音组成“双子星”，夯实高端市场地位，同步推进赴港上市与海外扩张，但补能网络与盈利仍处攻坚期。鸿蒙智行全年交付58.9万辆，目标完成率仅为58.91%。据了解，目前鸿蒙智行由问界、智界、尊界、享界、尚界五大品牌组成，其中问界全年交付超42万辆，问界M9和问界M8等车型持续热销，让其中市场上持续稳居头部。深蓝汽车在年初既定目标50万辆，其中国内40万辆，海外10万辆，最后目标下调至36万辆，全年交付33.3万辆，未达调整后目标。今年12月，深蓝汽车完成61.22亿元C轮融资，其中长安汽车增资31.22亿元，仍为第一大股东（50.99%），资金用于新车研发、智电技术与全球品牌提升。不过，亏损与资不抵债问题仍待解决。阿维塔科技全年交付12.0万辆，连续10个月破万。11月27日递交港交所IPO申请，冲击“央企新能源车企港股第一股”，“CHN”模式持续释放协同价值，全球化与渠道同步提速。财报显示，2025 年上半年营收122.08亿元，亏损15.85亿元，经营现金流由负转正，但累计亏损仍超百亿元，短期偿债能力承压。极氪全年交付22.41万辆，同比增长90%，既定年目标为32万辆，最终完成率为70%。年内，极氪推出007GT、9X、7X等多款新车，其中极氪9X基于电混专属架构——浩瀚-S（SEA-S）打造，搭载900伏高压混动架构，定位插电混动大型SUV，12月销量破万。年内，成立极氪科技集团（领克+极氪战略整合），共享SEA浩瀚、SPA Evo等架构，降低研发与采购成本，提升运营效率，年底与吉利汽车合并，私有化退市。极狐汽车2025年销量突破16万辆，同比增长99%；乐道汽车全年交付107808台，其中乐道L90上市5个月交付超4.3万台，成为2025年度纯电大型SUV销冠；极石汽车全年交付量15318台，全年交付量涨至上年近3倍；总的来说，2025年仅小鹏汽车、零跑汽车、小米汽车3家车企超额完成目标，其中小鹏汽车完成率最高，达122.69%。理想汽车、蔚来、极氪等未达标，理想汽车出现销量同比下滑，与此同时多家公司下调年度目标，反映市场竞争加剧。从销量来看，零跑汽车反超理想汽车成为年度销冠，小鹏汽车和问界紧跟其后，小米汽车和理想汽车年销量也在40万以上。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2600028282","isCrawlerRequest":true}