2025汽车行业年鉴|供应链篇：整零深度绑定、场景决定未来

Core Insights - In 2025, the Chinese automotive industry will experience a deepening transformation towards intelligence, shifting the supply chain from "price competition" to "value competition" and evolving towards a "fully intelligent ecosystem co-construction" [2] - Level 3 autonomous vehicles will be legally operational in China, marking a significant milestone for companies like Robotaixi, which is expected to achieve profitability [2] - The supply chain's global competitiveness will accelerate as the intelligent wave drives the evolution from component assembly to technological ecosystems, with advancements in areas like unmanned delivery and flying cars [2] Group 1: Industry Trends - The most notable feature of the automotive intelligent supply chain in 2025 will be "ecological integration" replacing "single-point cooperation," with leading automakers and core suppliers forming deep collaborative barriers through strategic investments and equity binding [3] - Capital injection is crucial for resource binding, exemplified by Chery and Luxshare's joint investment of $100 million in Lightyear, and other strategic investments by major players like FAW and Geely [3] - The restructuring of major automotive companies, such as Changan becoming a new central enterprise, will lead to the establishment of intelligent manufacturing and asset management platforms [3] Group 2: Technological Advancements - Core suppliers are transitioning from "component providers" to "full-stack solution enablers," with companies like Huawei leading the charge in defining products and channels through their HarmonyOS [4] - The implementation of a 60-day payment term by major automakers aims to restore the credit system within the supply chain, fostering a shift from competition to strategic partnerships [4] - Significant regulatory changes include the mandatory adoption of Advanced Emergency Braking Systems (AEBS) and the introduction of stringent safety standards for power batteries [5] Group 3: Commercialization and Market Expansion - The commercialization of Level 4 autonomous driving technology is entering a verification phase, with the Ministry of Industry and Information Technology granting licenses for Level 3 systems to specific models [6] - The Robotaxi sector is witnessing critical breakthroughs, with companies like Pony.ai and WeRide achieving dual listings and significant advancements in autonomous driving systems [6] - Unmanned delivery is transitioning from pilot projects to large-scale applications, with companies like New Stone and JD Logistics deploying thousands of unmanned vehicles [7] Group 4: Challenges and Future Outlook - Despite significant breakthroughs in 2025, the Chinese automotive supply chain faces three major challenges: reliance on external sources for raw materials like lithium and cobalt, dependency on imported chips, and limitations in foundational software technologies [8]