Core Viewpoint - The Guangdong Provincial Government has issued policies to enhance the quality of transportation through artificial intelligence, focusing on multi-modal logistics and cross-border efficiency [2] Group 1: Multi-Modal Logistics - Support for logistics companies to collaborate with railways to build a comprehensive multi-modal transport information platform [2] - Application of AI technology in demand integration and capacity allocation to achieve intelligent decision-making and dynamic optimization across the logistics chain [2] - Promotion of "one order" and "one box" multi-modal transport services to improve coordination efficiency [2] Group 2: Cross-Border Logistics - Utilization of the China (Guangdong) International Trade "Single Window" to enhance data connectivity among transportation, public security, customs, border inspection, and port departments [2] - Strengthening data intelligence analysis applications to improve cross-border logistics efficiency [2] Group 3: Passenger Flow Management - Development of a predictive model for travel during peak holidays based on travel data [2] - Use of real-time monitoring technology and intelligent forecasting algorithms to optimize capacity allocation and provide peak warning and staggered travel suggestions [2] - Enhancement of passenger flow diversion capabilities [2] Group 4: Automation in Logistics - Exploration of unmanned technology in postal and express delivery scenarios, including transfer stations and warehousing [2] - Optimization of automated sorting, intelligent scheduling, and task distribution for the entire process of express delivery [2] - Promotion of intelligent collection and delivery services at the end of the postal and express delivery chain, utilizing AI algorithms to optimize delivery routes [2] Group 5: Pilot Programs - Implementation of pilot programs in cities like Guangzhou, Shenzhen, Shantou, and Jieyang to test unmanned logistics vehicles in various transport scenarios [2] - Encouragement for other cities to actively participate in these initiatives [2]

1月16日，以"奇心共盈，创变骉升"为主题的奇瑞汽车2026年全球供应链生态圈年会在芜湖总部隆 重召开。奇瑞汽车股份有限公司董事长尹同跃、常务副总裁张国忠及股份公司相关领导齐聚现场，与来 自全球的1300余名供应商伙伴共商合作大计、共绘发展蓝图。万里扬股份公司总裁顾勇亭，股份公司副 总裁、乘变事业部总经理林健，乘变事业部常务副总经理袁群星受邀出席本次盛会。 未来，万里扬将持续秉持"以客户为中心"的理念，为合作伙伴提供高品质产品与定制化解决方案， 携手奇瑞及行业同仁，共同书写汽车工业高质量发展的崭新篇章。 会上，万里扬凭借卓越的产品实力与深度的协同价值，荣膺奇瑞汽车"卓越赋能用户奖"。 2025年是奇瑞战略转型的关键之年，企业实现跨越式发展：集团销量、新能源销量、出口量同步创 下历史新高；世界500强排名跃升至第233位，成为榜单中排名提升速度最快的车企；同时，奇瑞汽车成 功登陆香港联合交易所主板，从"小草房"时代迈入资本全球化新赛道，开启发展新篇章。 据了解，"卓越赋能用户奖"设立初衷在于表彰为奇瑞提升市场竞争力、创造突出价值的核心合作伙 伴，本年度仅从逾千家供应商中遴选出16家获奖企业。作为奇瑞多年的战略合 ...

Core Viewpoint - Mazda's electric vehicle (EV) transformation has faced significant delays, with the launch of its first self-developed electric platform model pushed from 2027 to at least 2028, and possibly to 2029, marking the second major delay since the plan was announced in 2021. This reflects the unique challenges faced by smaller automakers in the transition to new energy vehicles [1] Group 1: Internal Factors - The rapid evolution of technology and the complexity of research and development are the main internal reasons for the delay. Mazda's European R&D Vice President, Christian Schultze, stated that pure electric technology is still in a phase of rapid iteration, leading to increased project difficulties due to new breakthroughs and requirements [2] - Unlike established platforms from larger groups like Volkswagen and Volvo, Mazda lacks sufficient technical accumulation and collaborative resources, requiring it to build its scalable electric platform from scratch. This includes independent breakthroughs in battery integration, electric drive systems, and vehicle architecture [2] - Frequent updates in technical standards, particularly in key areas like 800V high-voltage architecture and cylindrical cell applications, have forced Mazda to repeatedly adjust its R&D plans to avoid launching outdated products [2] Group 2: Resource Constraints - Mazda's limited R&D budget, especially compared to the hundreds of billions of euros invested by giants like Toyota and Volkswagen, restricts its ability to focus resources on developing a pure electric platform while also maintaining profitability in its internal combustion engine (ICE) business [3] - The global scarcity of specialized talent in the pure electric field puts Mazda at a disadvantage in competing with larger groups for skilled personnel, leading to slow formation and expansion of its core technology team, which directly impacts R&D efficiency [3] - Mazda has chosen to prioritize the iteration of its core competencies in ICE and hybrid technologies rather than blindly following the trend of pure electric expansion, reflecting its commitment to its brand identity [3] Group 3: External Factors - Policy fluctuations and demand changes in the European and American markets have further complicated Mazda's original plans. The cancellation of federal tax credits for electric vehicles in the U.S. led to a 49% drop in new electric vehicle registrations in November 2025, significantly shrinking market demand [3] - The U.S. market, being Mazda's core market, has seen its original product launch schedule disrupted by policy shifts, including tariffs imposed by the Trump administration that affected Mazda's plans to export self-developed electric vehicles from Japan to the U.S. [3] - Adjustments in subsidies and emission regulations in the European market have also increased market uncertainty, prompting Mazda to reassess its product launch timing [3] Group 4: Strategic Adjustments - Mazda's pragmatic transition strategy is key to balancing short-term survival with long-term transformation. While the development of its self-developed platform is on hold, Mazda is leveraging partnerships to fill market gaps, notably its deep collaboration with Changan Automobile [4] - The currently available EZ-6 and EZ-60 electric models are built on Changan's EPA1 platform, utilizing Changan's supply chain for core battery and electric drive systems, which reduces R&D and manufacturing costs [4] - Mazda is shifting its strategic focus towards hybrid models, planning to introduce a hybrid version of its globally popular CX-50 crossover SUV by 2027 to meet strong hybrid demand in the U.S. market, thereby generating funds for the development of its electric platform [4] Group 5: Market Position and Future Outlook - The delay in launching electric vehicles also implies a passive downward adjustment of Mazda's electric vehicle goals, with the target for electric models to account for 25%-40% of global sales by 2030 now likely to fall below 25% [5] - Compared to its Japanese peers like Toyota and Honda, which have adjusted their pace but still have faster electric vehicle rollout, Mazda's lag may result in missed market opportunities, especially as Chinese brands accelerate their presence in the global electric vehicle market [5] - However, Mazda's cautious strategy may help it avoid the pitfalls of aggressive transformation, allowing it to maintain a differentiated competitive space with future models based on its self-developed platform, which will continue to embody its "Kodo design" and driving dynamics [5] - Mazda's transformation challenges reflect the broader struggles of small to medium-sized automakers in the global shift to electric vehicles, highlighting the need for either partnerships with larger firms for resource access or a more measured approach to market engagement [5][6] - The next two years will test Mazda's patience and technical resilience as it navigates the electric vehicle wave, focusing on building technical barriers and maintaining market share without being marginalized in the industry [6]

专业化场景为技术验证提供了刚需场景和数据支撑，大众化场景则通过市场规模扩张摊薄成本。目 前，国内已有多地开展低空文旅、枢纽接驳等示范运营，随着场景不断丰富，飞行汽车将逐步解决地面 交通拥堵、跨区域通勤效率低等痛点，成为立体交通网络的重要组成部分。 技术瓶颈是飞行汽车规模化的核心障碍，报告指出需重点突破"载荷航程、适航安全、智能驾驶"三 大难题。其中，载荷≥100kg、航程≥100km是规模化应用的基本要求，这需要构建"三大技术域+五大关 键技术"的协同体系，涵盖动力推进、构型总体、安全飞行、智能驾驶、智慧管控等核心方向。 动力技术路线呈现"纯电先行、混动主导、氢能远期"的多元化格局：纯电动力凭借结构简单、成本 可控的优势，成为短途低负荷场景的首选；混合动力将逐步主导中长途、高负荷主流场景，解决滞空时 长和可靠性痛点；氢能动力则在"双碳"目标牵引下，成为远期绿色低碳场景的战略补充。技术落地遵 循"封闭场景验证—开放空域示范—城市立体交通"三阶段逻辑，确保安全与效率的平衡推进。 1月19日，《飞行汽车发展报告2.0：迈向空地一体交通新时代》发布会在北京举行。 据悉，《飞行汽车发展报告2.0》由中国汽车工程学会牵头 ...

当前全球低空经济竞争已进入白热化阶段，美国等国家均在飞行汽车技术研发和场景试点上加速布局。我国将低空经济纳入 "十五五"规划战略性新兴 产业，正是基于对全球产业变革趋势的精准判断。飞行汽车作为核心载体，其产业辐射效应远超单一交通工具范畴，因为其上游可带动高端材料、精密制 随着我国"十五五"规划将低空经济列为战略性新兴产业，飞行汽车作为低空经济的核心载体，正从概念走向现实，成为引领交通产业变革与社会发展的 关键力量。 近日，《飞行汽车发展报告2.0：迈向空地一体交通新时代》白皮书（以下简称《飞行汽车发展报告2.0》）正式发布，为行业发展提供了系统性指引。 为此，我们专访了该报告核心专家、中国汽车工程学会飞行汽车分会常务副主任委员、清华大学车辆与运载学院教授张扬军，深入解读飞行汽车的战略价 值、核心特征、发展路径及对未来的深远影响。 低空经济的核心主赛道，撬动万亿级产业集群 谈及飞行汽车在低空经济中的地位，张扬军开门见山："低空经济既是以无人机为核心、规模迈向万亿级的战略性新兴产业，更是未来以飞行汽车为核 心、具备十万亿级潜力的核心未来产业。" 飞行汽车作为面向空地一体交通的电动垂直起降航空器，包含了纯飞式、分体 ...

中国保险汽车安全指数秉承"专业性、公正性、科学性、独立性、公益性"原则，依据中国保险汽车安全指数2023版规程对4款车型进行了测评，并随机 抽取高校、保险、汽车等行业专家组成7人专家评审团队，对实测数据和测评结果进行了专业评审，测评结果于2026年1月21日在京正式发布。 本次结果发布共涉及4款车型，包括"腾势N9、奥迪A5L Sportback、大众探岳L、理想i8"。包含3款SUV（腾势N9、大众探岳L、理想i8），1款轿车（奥 迪A5L Sportback），且有2款车型为新能源汽车（腾势N9、理想i8）。 | | | | | | | | | CITY | CHINA INSURANCE AUTOMO' | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 10 नेवा | 生产厂商 | 品牌 | 测评 车型 | 车辆 级别 | 基本安全配置车辆型号 | | | | | | | | | | | | 耐撞性与维修 经济性 | 车内乘员 | 车外行人 | 辅助安全 | | 1 | 比亚迪汽车工业有限公司 | 腾势 | Na | ...

Core Viewpoint - The article highlights the significant progress and innovative initiatives in Zhuhai, part of the Guangdong-Hong Kong-Macao Greater Bay Area, focusing on urban-rural integration, industrial empowerment, and reform-driven development to enhance the quality of life for residents and stimulate economic growth [2][12]. Industrial Empowerment - Zhuhai is leveraging its resource advantages to develop new industrial sectors across land, sea, and low-altitude domains, enhancing the county economy and establishing a robust industrial foundation for urban-rural integration [3]. - The establishment of the Zhuhai Science City and its computing power center supports over 50 large model enterprises, significantly reducing R&D costs and optimizing algorithm cycles [3]. - The low-altitude economy is emerging as a key feature of Zhuhai's industrial upgrade, with the launch of the first long-distance drone logistics route in the Greater Bay Area and a reported industrial output value of 20.7% growth year-on-year [3][4]. Economic Growth and Trade - In 2025, the total import and export value through the Hong Kong-Zhuhai-Macao Bridge reached 284.37 billion yuan, marking a 35.9% increase, reinforcing its role as a vital trade link [4]. - Zhuhai has 45 local enterprises listed among the top 500 manufacturing companies in Guangdong, with a total of 52 listed companies, indicating a growing industrial cluster [4]. Marine Economy - Zhuhai is expanding its marine industry, with the establishment of the first national standard marine ranch and innovative deep-sea aquaculture platforms, contributing to a marine production value exceeding 100 billion yuan in 2024 [5]. - The city has achieved a market share of 58% in marine ranching equipment, showcasing its technological strength in the industry [5]. Urban-Rural Integration - Zhuhai is implementing a "four commons" mechanism to promote balanced resource allocation and reduce the income disparity between urban and rural residents, with the income ratio decreasing from 1.83 in 2022 to 1.61 in the first three quarters of 2025 [6][8]. - The town of Pingsha exemplifies urban quality improvement, with enhanced infrastructure and cultural amenities attracting visitors and improving residents' quality of life [6][8]. Rural Revitalization - Specific rural projects, such as the transformation of idle houses into commercial spaces and the establishment of community-operated centers, have generated significant income for local residents, with over 2,600 idle houses revitalized, leading to an increase in income of approximately 22 million yuan [9][10]. - The implementation of a three-tier management mechanism for idle rural housing has been a pioneering effort in the province, facilitating the effective use of rural resources [9][10]. Reform and Innovation - Zhuhai is focusing on institutional innovation to break down barriers in urban-rural development, with initiatives such as a "general rules" planning management system and a digital financial service platform to support rural industries [10][11]. - The city has seen the emergence of 17 provincial-level grassroots reform cases and 4 innovative cases under the "Hundred-Thousand-Ten Thousand Project," positioning it as a leader in reform-driven development [10][11].

Core Viewpoint - SK Hynix announced a record year-end bonus of over 136 million KRW (approximately 640,000 RMB) per employee, attributed to a historic labor agreement and strong company performance, with projected operating profits nearing 45 trillion KRW (approximately 212.7 billion RMB) by 2025 [2][3]. Group 1: Record Bonuses and Labor Agreements - The significant bonuses are a result of a historic labor agreement that removed the previous cap on profit-sharing, allowing 10% of annual operating profits to be allocated to the bonus pool [3]. - The total bonus pool is expected to reach 4.5 trillion KRW (approximately 21.3 billion RMB), with an average of 136 million KRW per employee based on the company's workforce of 33,000 [3]. Group 2: Market Dynamics and Stock Performance - The memory market is reportedly in a "super bull market," surpassing previous highs due to increased demand from sectors like smart cars and AI, with prices for DDR5 memory rising over 300% since July 2025 [4]. - SK Hynix's stock price surged from approximately 204,000 KRW at the end of 2024 to about 760,000 KRW by the end of 2025, marking a 275% increase, making it one of the best-performing chip stocks globally [4]. Group 3: Automotive Memory Business Growth - The automotive memory segment has seen significant growth, driven by the rapid development of smart vehicles and the increasing demand for high-performance memory to support advanced features like autonomous driving [5][6]. - SK Hynix has strategically positioned itself in the automotive memory market, leveraging its technological advancements and securing ASIL-D certification, which is crucial for automotive safety standards [6]. Group 4: Technological Innovations and Collaborations - SK Hynix is focusing on both traditional memory technology and innovative AI-driven memory solutions for automotive applications, enhancing performance and reliability [6][7]. - Collaborations with major players in the autonomous driving sector, such as Waymo, are expanding, indicating a growing market for HBM technology in automotive applications [7]. Group 5: Future Market Outlook - The demand for memory is expected to continue rising, particularly in the context of AI and smart automotive technologies, with significant implications for market competition and pricing strategies [8]. - The memory market is dominated by three major players—Samsung, SK Hynix, and Micron—who collectively hold over 90% market share, indicating a highly concentrated competitive landscape [8][9].

Core Insights - The Shanghai International Embodied Intelligence Industry Expo (CIEI 2026) marks a pivotal moment for China's embodied intelligence industry, transitioning from technological exploration to large-scale application, injecting new momentum into global industrial development [1][3] Industry Overview - The global technological revolution and industrial transformation are accelerating, with embodied intelligence serving as a crucial bridge between the digital and physical worlds, becoming a core battleground in the new wave of technological competition [3] - China has established a complete embodied intelligence industry ecosystem, with continuous improvement in innovation capabilities across the entire chain, leading to a steady increase in the penetration rates of core products such as humanoid robots, bionic robots, and industrial embodied intelligence equipment [3] Market Potential - The global market for embodied intelligence is projected to reach 19.525 billion yuan by 2025, with China laying a solid foundation for high-quality industrial development in this field [3] - There is a pressing need for a high-level platform to facilitate resource aggregation, technological collision, and supply-demand matching, which CIEI 2026 aims to address [3] Event Details - CIEI 2026 will serve as a comprehensive international display and cooperation platform for the embodied intelligence industry, leveraging the extensive economic and trade resources of the Shanghai International Trade Promotion Committee [4] - The expo will cover nine core areas, including embodied intelligence entities, perception systems, decision-making cognitive systems, execution systems, battery storage systems, intelligent connected vehicles, platform organizations, technology transfer, and manufacturing equipment [4] Industry Trends - The ongoing release of market demand provides vast opportunities for the development of the embodied intelligence industry, driven by the need for flexible manufacturing, care for an aging society, and rising labor costs [4] - CIEI 2026 is expected to become a "barometer" for industry development, integrating global innovation resources and building a collaborative platform for industry, academia, research, and application [6]

在补贴政策提前终止后，德国纯电动车市场需求急剧萎缩。欧洲汽车制造商协会（ACEA）数据显示，2024年，德国乘用车销量为281.7万辆，同比略 降1%。其中，因关键补贴退场与经济疲软的双重冲击，纯电动车销量同比大跌27.4%至38万辆；插电式混合动力车销量则同比增长9.2%至19.2万辆。有分 析师表示，2024年对德国电动汽车产业而言堪称"失去的一年"。 德国政府电动汽车补贴政策即将重启。 近日，德国总理默茨对外透露，政府拟在2029年之前拨款30亿欧元，用于支持中低收入家庭购买零排放汽车。这一新政旨在推动电动汽车普及，并助 力德国这一欧洲最大的汽车市场复苏。 值得注意的是，中国品牌也被纳入补贴范围，一改此前部分欧美国家排挤中国电动汽车的政策风向。 01 补贴向中低收入群体倾斜 根据即将出台的补贴方案，购车者可获得1500-6000欧元的补贴，具体金额取决于车型、家庭收入以及家庭人口规模。补贴计划总预算达30亿欧元， 预计可支持约80万辆电动汽车的补贴发放。 德国本次补贴政策将持续至2029年，补贴申请线上平台预计于2026年5月正式上线，补贴申请可追溯至2026年1月1日。 这并非德国首次推出电动汽车补贴 ...