先进制造行业周报：各地推进车路云一体化建设，看好智能网联汽车应用落地

Investment Rating - The industry investment rating is "Overweight" [1] Core Insights - The report emphasizes the integration of vehicle, road, and cloud systems, highlighting the importance of data interconnectivity for the development of intelligent connected vehicles [5][8] - The report identifies key investment opportunities in companies involved in V2X technology, smart vehicles, and intelligent components, suggesting a focus on firms like Wanji Technology, Best, and BYD [3][13] Summary by Sections Investment Recommendations - Key recommended stocks include Beite Technology, Best, Micro Light, Mingzhi Electric, and Wanji Technology among others [3] - The core stock portfolio includes companies such as Beite Technology, Best, and Softcom Power [3] Industry Focus - The report highlights several sectors for tracking: - Photovoltaic Equipment: The report notes that the rapid increase in HJT penetration and declining raw material prices are expected to stimulate downstream demand [4] - Battery Swapping: The market for battery swapping stations is projected to reach 135.755 billion by 2025, with a focus on operational companies in this field [4] - Energy Storage: The report indicates that energy storage is essential for new grid construction, with favorable policies expected to enhance industry conditions [4] - Semiconductor Equipment: Demand is expected to reach $140 billion by 2030, with a focus on platform companies and domestic alternatives [4] - Automation: The market for industrial consumables is projected to grow from 40 billion to 55.7 billion by 2026 [4] - Hydrogen Energy: The report supports green hydrogen initiatives aligned with carbon neutrality [4] - Engineering Machinery: The report suggests focusing on leading companies with product and cost advantages [4] Policy and Development - The report discusses the acceleration of intelligent connected vehicle development due to ongoing policy support, including the establishment of testing zones and the issuance of demonstration licenses [5][13] - It notes that over 50 provinces and cities have released implementation details, supporting the construction of 17 national testing demonstration zones [13] Data Interconnectivity - The report emphasizes that data interconnectivity is crucial for the application of the vehicle-road-cloud integration system, which combines physical and information spaces for efficient operation [8][11]