四季度财报释放不安信号 最稳新势力开始放慢速度

深水财研社
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//点击蓝字·关注我们在中国新能源汽车行业过去几年的增长故事中,理想汽车一直是一个颇为特殊的存在。相比一些仍在亏损的新势力,这家公司较早实现盈利;相比传统车企,它又保持了相当快的增长速度。稳定的销量、较高的毛利率,以及清晰的产品定位,让理想汽车在一段时间里被视为“最像成熟车企的新势力”。但2025年第四季度财报发布后,这种稳定的印象出现了第一次明显松动。财报显示,公司当季营收约288亿元,同比...

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