Core Viewpoint - The article highlights the normalization of negative electricity prices in various regions, including China, Europe, and Australia, driven by the imbalance between electricity supply and demand due to the rapid increase in wind and solar power installations. This situation is creating a new demand for medium to long-duration energy storage solutions, particularly in the 4-12 hour range [2][3]. Group 1: Market Trends and Developments - The phenomenon of negative electricity prices is becoming commonplace, prompting a shift towards medium to long-duration energy storage solutions [2][3]. - The global competition for energy storage systems with a capacity of 6MWh and above is intensifying, with a focus on long-duration storage solutions [3][4]. - By 2024, the penetration rate of 4-hour energy storage systems reached 15%, and this segment is becoming mainstream in 2025 [3][4]. Group 2: Technological Advancements - Major Chinese companies are rapidly increasing the production of large-capacity energy storage systems to seize market opportunities in the long-duration storage era [4][5]. - Companies like Ningde Times and Envision Energy are leading the charge with the mass production of high-capacity energy storage cells, such as the 587Ah cell [5][7]. - The competition is not limited to lithium batteries; flow battery technology is also gaining traction, with strategic partnerships being formed to develop large-scale storage projects [8][9]. Group 3: Competitive Landscape - The market is witnessing a split between companies focusing on large capacity cells using different manufacturing processes, namely the stacking and winding techniques [10][11]. - The stacking process is favored for its high space utilization and low-temperature performance, while the winding process benefits from established production efficiency [11][12]. - Companies are adopting differentiated strategies based on their technological capabilities, with some focusing on rapid deployment of 500+Ah cells and others on the long-term potential of 600+Ah cells [12][13]. Group 4: System Variability and Customization - The differences in cell technology are reflected in the energy storage systems, with various companies targeting different container sizes (10ft, 20ft, 30ft) to meet diverse application needs [14][15]. - Companies like Sungrow and BYD are launching multiple size versions of their energy storage systems to cater to specific market demands [15][16]. - The trend towards customized solutions is becoming more pronounced, as companies recognize the need for tailored energy storage solutions to address varying requirements in the market [17][19].

随着11月进入尾声，各家车企均陆续发布了2025年前三季度财报。在主要财务指标中，盈利能力是市场 关注的焦点，特别对于车企而言，单车利润是广受热议的话题。 近日，第一财经记者统计了16家在A股和港股上市的主流车企、新势力以及头部跨国车企。数据显示， 作为豪华车企，奔驰是统计车企中单车利润最高的，每卖一辆车可赚近2.4万元；其次是全球车企"盈利 王"丰田汽车，单车利润可达1.6万元，前三季度净利润超1250亿元。 排在第三的是中国车企赛力斯，单车利润超1.5万元，这也是统计车企中自主品牌单车盈利最高的企 业，而且超过了特斯拉的单车利润1.4万元。 在统计的16家车企中，只有上述4家企业单车利润超过了1万元，占比25%。而且，值得注意的是，这四 家车企中，有两家是新能源车企，其中赛力斯今年前三季度的新能源汽车的销售占比接近九成，特斯拉 是纯电车企。这也说明新能源汽车不赚钱这个结论其实已经不成立。 受到美国汽车关税、电动化转型、裁员成本增加等因素影响，跨国车企的盈利指标今年几乎都遭受了不 同程度地损伤。以奔驰为例，今年前三季度的净利润为38.78亿欧元，而去年同期为78.06亿欧元，同比 跌幅超过了50%。奔驰单车 ...

Chinese EV giant BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) has recalled over 88,981 units of its Qin PLUS DM-i Plug-In Hybrid Electric Vehicle (PHEV) in China.Battery Power Output May Be AffectedThe company will recall Qin PLUS DM-i units manufactured between January 7, 2021, to September 30, 2023, due to issues with the battery in the vehicle, China's State Administration of Market Regulation (SAMR) said in an official statement on Friday.The issue stems from defects in the battery pack, which could cause a los ...

Tesla is going on the offensive in its campaign to roll out its self-driving tech in Europe. The EV maker is offering Full Self-Driving (FSD) ride-alongs in Germany, Italy, and France next month, as it inches closer to introducing the self-driving software in Europe.According to Tesla's website, the ride-alongs will allow Europeans to experience FSD — which the company says can handle almost all driving scenarios autonomously but requires human supervision — during a test drive from the passenger seat. FS ...

French telecoms group Orange is right to temporarily close its site in Marseille to protect staff from problems related to drug gangs in the area, the country's employment minister said on Friday, cal... ...

来源：读懂财经 ©读懂新能源原创/出品 作者：杨扬 编辑：夏益军 特斯拉活成了所有汽车股都羡慕的样子。 虽然业绩绝大部分都是由汽车业务贡献，但AI能力的溢出，让它孵化出了FSD、Robotaxi和人形机器人 等一系列愿景宏大、短期内又难以证伪的科技业务。 这也使特斯拉的身份悄然转变，从一家制造企业变成了科技公司。目前，特斯拉市盈率（TTM）高达 280倍，而全球销量第一的丰田仅8倍。 特斯拉打了个样，有没有其他汽车股也能成为"下一个汽车科技股"？ 国内新势力的科技属性也在增强，理想正视图成为一家"具身智能公司"，小鹏则试图通过已发布的机器 人和飞行汽车，布局"物理AI"。 那它们能成为中国版的特斯拉吗？ 本文持有以下观点： 1、汽车基本盘是支撑AI愿景的基础。转型科技公司需要巨大投入，这就要求新势力在红海竞争中必须 具备稳定的自我造血能力。只有证明销量可持续、利润能稳住，新势力才有向科技股升级的可能。 2、规模领先是跳板。与美国的技术创新驱动不同，国内企业的成功公式更多依托规模与成本优势实现 快速市场渗透。具身智能的终局大概率是消费级产品，规模领先的企业更有可能构筑竞争力，实现商业 化闭环。 "大家好，我是李 ...

Core Viewpoint - The National Development and Reform Commission (NDRC) has highlighted the rapid growth of the humanoid robot industry in China, noting the presence of over 150 companies, with more than half being startups or from other sectors. This growth is seen as positive for innovation but raises concerns about product redundancy and compressed R&D space [1][3]. Group 1: Industry Growth and Challenges - The NDRC's comments are not an indication of overheating in the industry but rather a call to coordinate resource allocation and support globally competitive Chinese humanoid robot companies [3]. - The humanoid robot sector is experiencing a surge in capital investment, but there are concerns about the industry's maturity and the potential for unrealistic expectations among investors [8][9]. - The industry is expected to face a critical juncture in Q1 2026, with potential impacts on confidence if major players like Tesla continue to delay product launches [10]. Group 2: Market Dynamics and Competition - The current trend of product demonstrations in the industry, inspired by Tesla's Optimus, is seen as a way to attract investment, but it may not reflect the actual capabilities of the robots [6][8]. - The success of companies like Yushu Technology has created a competitive environment that is difficult for new entrants to penetrate, leading to concerns about market saturation and innovation stifling [7]. - The financing landscape for humanoid robot companies in China is fragmented, with an average of just over 100 million yuan per company since 2025, which is significantly lower compared to international counterparts [13]. Group 3: Future Directions and Strategic Focus - Industry experts emphasize the need for a shift towards commercial viability and practical applications rather than merely showcasing new products [7][8]. - There is a consensus on the importance of developing high-value scenarios and solutions that can be rapidly commercialized to drive the industry forward [11][14]. - The integration of artificial intelligence and embodied intelligence is crucial for the advancement of humanoid robots, with a focus on enhancing their capabilities through real-world training and performance improvements [14].

据此前报道，11 月 20 日，小米汽车第 50 万辆整车正式下产线，雷军在现场见证了这一时刻。就在11 月27日，小米汽车还宣布小米组合辅助驾驶系统第 4 版"HAD 增强版"已开始陆续推送。 11月28日消息，小米 SU7 在近期的一次测试中能耗评测结果弱于特斯拉，对此，小米创办人、董事长 兼 CEO 雷军发微博回应。 雷军表示，"小米汽车的能耗表现也非常不错，大家可以仔细看一下。评测结果弱于特斯拉，也有一定 客观原因：小米 SU7 是 C 级车，车大配置高，车会重一些，能耗肯定会高。当然，我们会继续向特斯 拉学习，进一步优化能耗表现。" ...

近日，重庆市民黄先生在社交媒体发帖，讲述了他驾驶的特斯拉Model3在高速隧道内突发失去动力的惊险经历。目前，车辆在质保期内虽然获得了免费 维修，但特斯拉方面对于事故原因的模糊回应，让黄先生对车辆的安全性深感担忧。 黄先生告诉记者，他的这辆特斯拉Model3购于2023年，落地价约26万余元，该车此前进行过两次维修，一次热泵空调故障和一次因事故更换了方向机， 一直以来驾驶都正常。11月25日下午5点半左右，他驾驶着这辆特斯拉Model3在成都至重庆的高速路上行驶，当车辆驶入巴岳山隧道约200米时，车辆的 右后方突然传来"砰"的一声轻微响动。紧接着，车载电脑立即发出"请安全靠边，车辆正在关闭"的警告。 校对石伟 黄先生告诉记者，在事故次日他前往4S店时，工作人员最初回复，事故原因是隧道口的基站功率过高，导致车辆的保险丝直接熔断。他们解释这是为了 保护车辆和乘客安全，类似家中的"跳闸"。 但是，当黄先生要求特斯拉官方给出明确的故障原因时，400客服表示会将问题反馈给4S店，由门店代表官方回复。在与4S店的进一步通话中，店方又改 口称此前的"基站"说法仅是"一种可能的分析"，无法"百分之百"确定原因。他们表示只能根 ...

還記得 Cybercab 剛發布時 全網是怎麼 嘲笑馬斯克的嗎？ 只有兩個座位？ 這種不實用 的大玩具 有什麼用呢？ 結果今天 一份來自競爭對手 Waymo的 洩密數據 直接給了 所有質疑者 一記鐵拳！ 數據顯示 Waymo 絕大多數的訂單 只有 1 到 2 名乘客 高達90%的時間 那些昂貴的 五人座休旅車 都在運送空氣！ 你用一台 兩噸重的 SUV 裝滿昂貴 的感測器 就為了送一個人 去買咖啡？ 這在物理學 和經濟學上 就是極致的愚蠢！ 現在你看懂 馬斯克的 可怕之處了嗎？ 他不是在造車 他是在解題！ 既然 90%的需求 只要兩個座位 那就砍掉 多餘的空間 拿掉方向盤 把成本壓到極致 當對手還在 燒錢運送空氣時 特斯拉已經 用消費電子 產品的邏輯 對傳統車企 發起了降維打擊 這就是為什麼 你永遠不要輕易 做空馬斯克 因為他看到的未來 往往就 是終極答案. ...