汽车行业周报（2026/2/20-2026/2/27）：蔚来与博世签署战略合作协议-20260301

Investment Rating - The report maintains an "Overweight" rating for the automotive industry [6][15]. Core Insights - The automotive sector has shown mixed performance, with the automotive index rising by 1% over the past week, while the new energy vehicle index remained flat, and the commercial vehicle index fell by 3% [2][6]. - NIO has signed a strategic cooperation agreement with Bosch, focusing on core technologies in smart electric vehicles, including steer-by-wire and battery management systems [14]. - The report highlights several investment opportunities, including: 1. Rapid growth in AIDC power generation equipment demand, recommending Weichai Power for its diversified layout in diesel and gas generator sets [15]. 2. Liquid cooling as a promising area for automotive components, recommending Silver Wheel for its digital power initiatives [15]. 3. The potential for passenger vehicles to grow rapidly in Europe under carbon reduction policies, recommending XPeng Motors and SAIC Motor [15]. 4. The intelligent driving industry chain is expected to benefit from L3 testing advancements, recommending Nexperia and China Automotive Technology [16]. 5. The humanoid robot sector, recommending Delta Electronics and Ningbo Huaxiang based on long-term strategic capabilities [16]. Summary by Sections 1. Industry Weekly Market Review - The automotive index increased by 1% over the past week, while the new energy vehicle index was flat, and the automotive parts index rose by 2% [6][7]. - In the past month, the automotive index also increased by 1%, with the automotive parts index up by 2% [6][7]. 2. NIO and Bosch Strategic Cooperation Agreement - NIO and Bosch signed a strategic cooperation agreement on February 25, 2026, during a visit by German Chancellor Merz to China, focusing on collaboration in smart electric vehicle technologies [14]. 3. Investment Strategy and Recommendations - The report maintains an "Overweight" rating and provides several recommendations for investment opportunities across various sectors within the automotive industry [15][16].