事件:小鹏汽车2025 年4 月1 日公布2025 年3 月销量：2025 年3 月小鹏汽车共交付33,205 辆，同比+268%；2025Q1 累计交付94,008 辆，同比+331%。投资要点:2024Q4 营收超160 亿元，汽车毛利率连续6 个季度改善。2024Q4公司实现营收161.1 亿元，同/环比为+23.4%/+59.4%，其中车辆收入146.7 亿元，同/环比为+20.0%/+...
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