汽车与汽车零部件行业周报、月报：大合作开启，智驾前行能力提升

Investment Rating - The report maintains a "Recommended" investment rating for the automotive and automotive parts industry [6]. Core Insights - The automotive industry is entering a significant collaboration phase with technology companies, particularly in the realm of intelligent driving, expected to accelerate by 2025 [1]. - Traditional automakers are adapting to the evolving landscape by forming strategic partnerships with tech firms to enhance their capabilities in smart electric vehicles [2]. - The report emphasizes the importance of collaboration in driving the transformation of traditional automakers into electric and intelligent vehicle manufacturers [4]. Summary by Sections Industry Overview - The automotive sector is witnessing a rapid adjustment in joint ventures, with companies like FAW-Volkswagen and FAW-Toyota undergoing strategic changes [1]. - Partnerships are being formed to enhance charging networks and digital marketing capabilities, as seen with collaborations between companies like Arcfox and NIO, and SAIC with Meituan [1][2]. Technological Development - The report highlights the ongoing expansion of partnerships in the component sector, particularly in lidar technology, with companies like Hesai Technology securing mass production contracts with multiple automakers [3]. - The development of high-level autonomous driving technologies is a key focus, with companies like Chery planning to fully enter the high-level autonomous driving market by 2025 [3]. Investment Recommendations - Investors are advised to focus on companies that have demonstrated successful transformations and have validated their technological products in the market [4]. - The report suggests monitoring the high certainty of various technological routes in the context of the rapid development of intelligent driving in China [4]. Market Performance - The automotive sector saw a weekly increase of 1.74%, outperforming the broader market index [11]. - Specific segments, such as commercial vehicles, showed significant growth, with a 3.75% increase, while passenger vehicles experienced a slight decline of 0.17% [15]. Sales Data - In the first 19 days of January, retail sales of passenger vehicles reached 1.05 million units, a year-on-year decrease of 5%, while wholesale sales increased by 25% to 1.244 million units [23]. - The new energy vehicle market saw retail sales of 423,000 units, marking a 26% increase year-on-year, with wholesale sales up 57% [23].