汽车行业周报：人形机器人量产临近，主机厂动作密集催化不断

Investment Rating - The report maintains a "Recommended" investment rating for the automotive industry [1]. Core Insights - The production of humanoid robots is approaching, with significant actions from major manufacturers. 2025 is expected to be the year of mass production for humanoid robots, with a focus on suppliers in key areas such as actuators, reducers, screws, and sensors [1][18]. - Recent developments include partnerships between major companies like Huawei and various robotics firms to establish a world-class embodied intelligence innovation center [1][18]. - The electric vehicle sector is also active, with companies like BAIC New Energy and CATL signing agreements for chassis technology cooperation [20]. Summary by Sections Recent Trends - Major manufacturers are intensifying their actions in humanoid robotics, with significant partnerships and product showcases indicating a maturation of technology [1]. - Tesla showcased its Optimus robot, which has increased dexterity, and other companies are ramping up production capabilities [1][18]. Key Industry Dynamics - Electric Vehicles: BAIC New Energy signed a chassis technology cooperation agreement with CATL. Shanghai's Pudong New Area has expanded its car purchase subsidy program to include vehicles registered from other provinces [20]. - Intelligent Vehicles: The Ministry of Transport is promoting the demonstration applications of unmanned vehicles and drones [25]. Market Performance - The automotive sector outperformed the Shanghai Composite Index by 2.1 percentage points, with the automotive sector index rising by 3.56% from December 2 to December 6, 2024 [35]. - The retail sales of passenger vehicles reached 2.261 million units in October 2024, showing a year-on-year increase of 11.3% [44]. Investment Recommendations - The report suggests focusing on core suppliers in the humanoid robot production chain and highlights specific companies for investment, including BYD, Great Wall Motors, and various technology firms involved in intelligent vehicle components [1][4].