投资要点:公司发布2025 年2 月智能车交付数据,2 月实现总销量3.05 万辆,同比+570%,环比+0.34%。1、2 月分别以3.04、3.05 万辆的交付量,连续2 个月夺得新势力交付量第一。Mona M03 及P7+保障小鹏月销量“淡季不淡”。2024 年以旧换新补贴政策到期的刺激下,消费者于2024 年底集中置换车辆,透支部分2025 年行业需求;同时春节影响下2 月全月有效产销时间...
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