汽车行业简评报告：2024美国大选对汽车行业影响

Investment Rating - The industry investment rating is "Positive" [1] Core Insights - The impact of the 2024 US election on the automotive industry primarily involves policy formulation and international trade [1] - Environmental protection policies significantly affect the development of new energy vehicles, with predictions indicating that by 2032, manufacturers may need to increase the sales of pure electric vehicles to 56% [1] - Trade policies will influence import tariffs on the automotive industry, with potential high tariffs on imported goods, particularly from China and Mexico [1] - Regardless of the election outcome, the globalization of the Chinese automotive industry will face new challenges and opportunities, with domestic companies showing strong competitiveness in the new wave of intelligent electrification [1] - Investment recommendations include focusing on companies such as BYD, Great Wall Motors, and others in the automotive sector, as well as companies involved in intelligent driving and the Tesla supply chain [1] Summary by Sections Impact of US Election - The election will affect policies related to environmental regulations and international trade, which are crucial for the automotive industry [1] Environmental Policies - Trump's administration previously rolled back many environmental regulations, while Harris may continue Biden's policies, impacting the sales requirements for electric vehicles [1] Trade Policies - High tariffs on imports, especially from China and Mexico, are anticipated, which could affect the automotive supply chain [1] Globalization of Chinese Automotive Industry - The long-term trend indicates that the globalization of the Chinese automotive industry will continue, despite facing new challenges [1] Investment Suggestions - Recommended companies for investment include BYD, Great Wall Motors, and others in the automotive and intelligent driving sectors [1]