我们不妨看看萤火虫这_老虎社区_美港股上老虎

我们不妨看看萤火虫这个细节，连续5个月环比增长，破圈成功。这说明蔚来的多品牌战略不是内耗，而是各打各的市场。25Q4总交付12.4万台，2026年五款大车加持，销量增长40%-50%，规模效应下利润只会更厚。 $蔚来(NIO)$ $蔚来-SW(09866)$

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