汽车行业周报：领先自主优势维持，关注ROBOTAXI拐点

Investment Rating - The report maintains a positive outlook on the automotive industry and recommends continued investment in leading companies and new technologies [5][9]. Core Insights - The automotive market in May is experiencing medium to high-speed growth, with retail sales of passenger vehicles reaching 932,000 units from May 1-18, a year-on-year increase of 12% [2][20]. - The penetration rate of new energy vehicles in the retail market has reached 52%, with retail sales of new energy vehicles growing by 32% year-on-year during the same period [2][20]. - Tesla is set to launch its ROBOTAXI service by the end of June, marking a significant milestone in autonomous driving technology [4][37]. - BYD has entered the top ten electric vehicle brands in Europe, showcasing the competitive strength of leading companies in the new energy vehicle sector [3][4]. Summary by Sections Market Overview - The automotive sector saw a 1.24% increase in the week of May 17-23, outperforming the broader market [12]. - The passenger vehicle segment has shown a cumulative retail growth of 8% year-to-date, with wholesale figures also reflecting a positive trend [20]. New Energy Vehicles - Retail sales of new energy passenger vehicles reached 484,000 units from May 1-18, with a year-on-year growth of 35% [2][20]. - The wholesale penetration rate for new energy manufacturers stands at 54.4%, indicating strong market adoption [2][20]. Key Company Developments - Tesla's upcoming ROBOTAXI service is expected to scale rapidly if successful, with plans for thousands of vehicles on the road [4][37]. - BYD's sales in Europe have surged by 169% year-on-year, highlighting its expanding market presence [3]. - Xiaomi's new SUV model YU7 has received positive pre-release feedback, indicating strong consumer interest [3][52]. Industry Trends - The report emphasizes the importance of technological advancements in driving the automotive sector forward, particularly in autonomous driving and new energy solutions [5][4]. - The establishment of AI-driven innovation labs in the automotive sector aims to enhance intellectual property management and technological integration [33].