【文/观察者网 张家栋 编辑/高莘】 据日经亚洲5月8日报道，三菱汽车与富士康共同宣布，将通过后者制造的Model B电动车，开拓大洋洲 市场。 同时，在其表现较好的北美市场，三菱却受到特朗普政府加征"对等关税"的冲击，对其进一步的增长计 划造成冲击。 目前三菱在北美地区的销量约占全球总销量的1/5，且在美国销售的车型均源于日本出口，三菱表示， 转嫁关税成本将影响该地区的销量。 所以，三菱主动选择接触富士康并寻求帮助，以期通过后者的电动化车型拓展新市场。 据统计，2023财年三菱在大洋洲销量约8.4万辆，占其总销量近10%。但其在大洋洲的营业利润达到240 亿日元（约12.1亿元人民币），甚至超过了销量最大的东盟地区。为此，三菱将大洋洲定位为增长型市 场，计划到2030年在该地区推出多款混合动力和电动汽车。 但一位三菱高管透露了与富士康合作的另一个原因："（新车型）内部开发风险很大，而且销量也不确 定。与外部合作伙伴合作，可以让公司在推出新车的同时降低成本，从而为较低销量的情况下也能实现 盈利铺平道路。" 富士康将向三菱提供Model B电动车 日经亚洲 Model B是此前富士康为展示电动汽车制造能力打造的 ...

Group 1 - Foxconn, the world's largest electronics contract manufacturer, is accelerating its entry into the electric vehicle (EV) industry by partnering with Mitsubishi Motors to develop an EV targeted at the Australian and New Zealand markets, set to launch in the second half of 2026 [1] - This collaboration marks a significant breakthrough for Foxconn, which has been pursuing the EV market since 2019, and represents a pivotal shift in the automotive industry towards external manufacturing models [1][2] - Mitsubishi, primarily focused on plug-in hybrid electric vehicles (PHEVs), is facing challenges in keeping pace with the rapidly evolving EV market, making this partnership crucial for its transition [2] Group 2 - Mitsubishi's strengths lie in its robust hybrid vehicle lineup and strong presence in Southeast Asia, but it needs to enhance its electric vehicle offerings to compete effectively [2] - Foxconn's EV business is part of its long-term growth strategy to reduce reliance on iPhone assembly, especially in light of recent disruptions caused by changes in U.S. tariff policies [2] - Foxconn's subsidiary, Hon Hai Advanced, plans to accelerate EV development by utilizing standardized platforms and components, aiming for a win-win situation that benefits both Mitsubishi and Foxconn [2] Group 3 - Previously, Foxconn proposed acquiring Nissan shares as a means to enter the automotive market, but this plan did not progress; interestingly, Nissan is Mitsubishi's second-largest shareholder, providing Foxconn with another avenue to develop automotive business relationships [3]

马斯克承诺减少在华盛顿的活动，以增加在特斯拉奥斯汀总部的时间，而此时特斯拉董事会可能已经到 了崩溃的边缘。 媒体上周报道称，特斯拉董事会正处于寻找这家电动汽车制造商下一任首席执行官的正式程序的初始阶 段。据报道，董事会还告诉马斯克，他需要花更多的时间回到公司，并且需要让特斯拉的投资者和公众 特斯拉看涨人士将需求低迷归咎于新款Model Y的换代，这也导致了产量放缓。不过，这家电动汽车制 造商已于3月份在德国等欧洲地区开始交付新款 Model Y，尽管仅限于全轮驱动版本。目前尚不清楚这 些交付量是否会上升到更高的水平。但可以肯定的是，新款Model Y已经可以交付。 两大因素加剧了特斯拉在欧洲的困境。比亚迪在欧洲地区的销量增长正在蚕食特斯拉在多个欧洲国家的 销量。此外，即便是大众、福特和菲亚特等老牌汽车制造商，4月份的销量也实现了增长。 另一个重要因素是首席执行官埃隆·马斯克及其有争议的行为。马斯克与美国总统特朗普的亲密关系， 以及他对欧洲右翼政客的支持，都对特斯拉的品牌产生了影响。例如，美国和海外特斯拉展厅的抗议活 动仍在持续。此外，车主以惊人的速度出售车辆，导致二级市场价格下跌。 由于特斯拉品牌受损以及第一 ...

Investment Rating - The report recommends the industry [6] Core Insights - The overall revenue for the company in Q1 2025 reached 21.15 trillion KRW (114.21 billion RMB), marking the highest quarterly revenue in 10 quarters, driven by the inclusion of SK Innovation E&S performance [1][19] - Despite improvements in the battery business, the company faced operating losses due to declining refining profit margins and falling international oil prices [1][19] Financial Performance Summary Q1 2025 Overall Performance - The company reported an operating loss of 446 billion KRW (24.1 million RMB) in Q1 2025 [1][19] Business Segment Performance 1. **Refining Business** - Revenue: 11.92 trillion KRW (643.68 million RMB); Operating profit: 363 billion KRW (19.6 million RMB) [4][19] - Operating profit decreased by 306.1 billion KRW (16.53 million RMB) compared to the previous quarter due to global economic slowdown concerns and OPEC+ production cuts [4] 2. **Petrochemical Business** - Revenue: 2.48 trillion KRW (133.92 million RMB); Operating loss: 1.14 trillion KRW (61.7 million RMB) [5][19] - Continued operating losses due to weak demand for paraxylene (PX) and olefin products [5] 3. **Lubricants Business** - Revenue: 972.2 billion KRW (52.50 million RMB); Operating profit: 121.4 billion KRW (6.56 million RMB) [7][19] - Operating profit decreased by 18.1 billion KRW (977.4 thousand RMB) due to economic slowdown impacts [7] 4. **Exploration & Production (E&P) Business** - Revenue: 383.1 billion KRW (20.69 million RMB); Operating profit: 120.4 billion KRW (6.50 million RMB) [8][19] - Slight revenue growth, but operating profit decreased by 25.4 billion KRW (1.37 million RMB) due to declining sales in Peru [8] 5. **Battery Business** - Revenue: 1.61 trillion KRW (86.94 million RMB); Operating loss: 299.3 billion KRW (16.16 million RMB) [9][19] - Revenue growth driven by increased sales in North America, with operating profit improving by 60.1 billion KRW (3.25 million RMB) compared to the previous quarter [9] 6. **Materials Business** - Revenue: 238 billion KRW (1.29 million RMB); Operating loss: 548 billion KRW (2.96 million RMB) [10][19] - Operating profit increased by 19.3 billion KRW (1.04 million RMB) due to sales growth and reduced one-time costs [10] 7. **SK Innovation E&S** - Revenue: 3.75 trillion KRW (202.5 million RMB); Operating profit: 1.93 trillion KRW (10.43 million RMB) [11][19] - Operating profit increased by 78.9 billion KRW (4.26 million RMB) due to increased urban gas sales driven by winter heating demand [11] Q2 2025 Outlook 1. **Refining Business** - Expected gradual improvement in refining profit margins due to seasonal demand factors [12] 2. **Petrochemical Business** - Anticipated improvement in aromatics spreads due to reduced regional PX supply and new PTA facilities coming online [13] 3. **Lubricants Business** - Expected to maintain stable profitability due to strong demand for high-quality base oils [14] 4. **Exploration & Production Business** - Ongoing discussions for drilling more production wells following successful drilling operations [16] 5. **Battery Business** - Anticipated continued growth in North American sales driven by electric vehicle battery demand [17] 6. **Materials Business** - Expected significant sales growth due to increased sales to major customers and new product launches [17] 7. **SK Innovation E&S** - Plans to ensure stable and competitive LNG supply through various channels [18]

Core Viewpoint - AKWEL reported a consolidated revenue of €255.6 million for Q1 2025, reflecting a decline of 4.0% compared to the previous year, amid a general downturn in global automotive production, with exceptions in China and Japan [2][4]. Revenue Summary - The consolidated revenue for Q1 2025 (January 1 to March 31) was €255.6 million, down from €263.5 million in Q1 2024, marking a decrease of 3.0% [4]. - The revenue decline was attributed to a 4.0% drop when adjusted for constant business scope and exchange rates [4]. Regional Revenue Distribution - Revenue from product and functional business was €247.8 million, down 3.3%, with growth in emissions control (+10.4%) and cooling systems (+4.5%), while air management (-27.1%), mechanical components (-8.7%), and fuel systems (-2.7%) saw declines [5]. - Revenue from the tooling business remained stable at €5.6 million [5]. - Regional revenue breakdown: EMEA: €170.7 million (-3.8%), Americas: €76.4 million (-1.9%), Asia: €8.5 million (+2.8%) [8]. Financial Position - As of March 31, 2025, the company reported a net cash position (excluding lease liabilities) of €149.6 million, an increase of €4.6 million from December 31, 2024 [5]. - The investment amount for the period was €8.6 million, compared to €20.2 million in the same period of 2024 [5]. Market Outlook - The company maintains its expectation for a decline in full-year revenue for 2025, anticipating a decrease similar to the previous year, despite a narrowing of the decline compared to the last two quarters [5].

虽然大众汽车保持其2025年的前景展望不变，但该公司表示，其高达5%的销售增长预测并未考虑到美 国关税的影响。不过，该公司表示，目前预计营业销售利润率将在5.5%至6.5%的目标区间的低端。 智通财经APP获悉，德国大众汽车公司(VWAGY.US)第一季度收益下降40%，原因是制造成本上升削减 了利润率，而且美国关税给这家德国汽车制造商的前景蒙上了阴影。该公司周三表示，截至3月份的三 个月，税前利润为31亿欧元，低于去年同期的51亿欧元。集团营业利润率从6%降至3.7%。 本月早些时候，大众汽车提前发布了季度收益，指出运营利润受到了特殊项目约11亿欧元的冲击。其中 约3亿欧元的费用归因于柴油问题和美国对3月份出货的汽车征收的关税。不过，这家德国公司周三表 示，欧洲对其新车型的需求一直很强劲，第一季度的订单积压量上升至近100万辆。 由于面临成本上升和欧洲工厂产能过剩，以及关键市场的需求疲软，大众汽车的盈利能力有所下降。与 此同时，欧洲和美国对电动汽车的购买并不均衡，特朗普的关税可能会进一步损害利润。 欧洲汽车制造商一直难以评估美国关税的全面影响，因为特朗普政府继续通过警告、豁免和延迟频繁改 变立场。最近，特朗 ...

如果您希望可以时常见面，欢迎标星收藏哦~ 来源：内容 编译自 semiconductor-digest ，谢谢。 SEMI今日在其材料市场数据订阅（MMDS）中报告称，2024年全球半导体材料市场收入将增长 3.8%，达到675亿美元。整体半导体市场的复苏，以及高性能计算和高带宽存储器制造对先进材料 需求的不断增长，支撑了2024年材料收入的增长。 2024年，晶圆制造材料收入增长3.3%，达到429亿美元；封装材料收入增长4.7%，达到246亿美 元。化学机械平坦化(CMP)、光刻胶及光刻胶辅助设备细分市场实现了强劲的两位数增长，这得益 于先进DRAM、3D NAND闪存和前沿逻辑集成电路(IC)所需的工艺复杂性和工序数量的增加。除 硅和绝缘体上硅(SOI)外，所有半导体材料细分市场均实现了同比增长。由于行业持续消化过剩库 存，2024年对硅的需求（尤其是在后缘细分市场）依然疲软，导致2024年硅收入下降7.1%。 台湾地区以201亿美元的营收连续15年成为全球最大的半导体材料消费地区。中国大陆地区以135 亿美元的营收继续实现同比增长，将在2024年位居第二；韩国则以105亿美元的营收位居第三。除 日本外 ...

◎白丽斐 而随着人工智能、大数据、云计算、电动汽车的快速发展，相关行业用电量保持高速增长，且增速远远 高于全社会用电量平均增速。一季度，全国互联网和相关服务用电量日均同比增长25.7%，全国充换电 服务业用电量日均同比增长42.3%。 邢翼腾表示，当前国内新兴产业用电量的快速增长充分反映了我国经济转型升级的良好势头，也充分显 示了我国经济持续回升向好的强劲内生动力，充分展现了我国坚定不移推进高质量发展的战略定力。 中国电力企业联合会近日发布《2025年一季度全国电力供需形势分析预测报告》，预计2025年我国宏观 经济将继续保持平稳增长，拉动电力消费需求平稳较快增长。综合判断，预计2025年全国全社会用电量 10.4万亿千瓦时，同比增长6%左右，全年统调最高用电负荷15.5亿千瓦左右。 对于今年一季度全社会用电量同比增速较去年同期偏低的情况，国家能源局发展规划司副司长邢翼腾表 示，上一年是闰年和今年的气温较去年同期明显偏高两个因素，对一季度全社会用电量增速有较大的影 响。仅闰年因素就拉低用电量增速1.2个百分点，再受气温偏高影响，前两个月全国城乡居民生活用电 量仅同比增长0.1%，第二、三产业部分行业用电负荷也 ...

Financial Data and Key Metrics Changes - The company achieved modest yet meaningful revenue growth in 2024, driven by steady demand for electric off-road vehicles and optimization of geographic footprint [7] - The company maintained profitability and a robust cash position despite evolving market dynamics [8] Business Line Data and Key Metrics Changes - The core electric off-road segment remains the engine of the company's business, with the introduction of new models tailored to North American preferences, including the Innovator e 10 k utility vehicle and a new lineup of electric golf carts [8] - The company enhanced operational resilience through targeted upgrades to its Taiwan manufacturing footprint, increasing flexibility and responsiveness to customer demand [9] Market Data and Key Metrics Changes - The company made a strong presence at multiple golf cart expos and industry summits, earning widespread praise from dealers and attendees [8] Company Strategy and Development Direction - The company plans to bring forward innovative battery and vehicle solutions, expand its dealer network, and deepen strategic partnerships [10] - A recent partnership with CBAK Energy aims to localize lithium cell and pack production in the United States, positioning the company for sustainable long-term growth [11] Management's Comments on Operating Environment and Future Outlook - The management expressed confidence that the steps taken in 2024 have strengthened the company's platform and prepared it to seize new opportunities [11] Other Important Information - A management incentive program has been implemented to align leadership rewards with key performance metrics, motivating the senior team to focus on sales growth and operational excellence [9] Q&A Session Summary - There was no live Q&A session for this call, and inquiries were directed to email for responses within five business days [12][13]

根据协议， SK On将在2026年至2031年期间向Slate供应20GWh的电池， 并可以选择随着生产规模的 扩大而增加供应量。 公开资料显示，Slate成立于2022年，总部位于密歇根州，致力于打造一款多功能电动皮卡，是由亚马逊 创始人杰夫·贝佐斯支持的电动汽车初创公司。 根据Slate的规划，明年将推出首款电动皮卡，补贴后售价不到2万美元，可从两座皮卡变身五座SUV，并 配备52.7千瓦时电池，续航150英里，可选240英里版本，主打平价与定制化。 -广告- 关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤锂电 资讯~ 本文来源：储能前沿 4月25日，韩国动力电池公司SK On宣布，已被选定为美国电动汽车初创公司Slate的电池供应商。 SK On是韩国第二大企业集团SK集团的子公司，目前运营着两家电池工厂，并正在与其合作伙伴在美国建 设另外四家工厂。一旦这些工厂全面投产，SK On在美国的年产能预计将超过180GWh。 会议时间： 2025年7月8-9日（8号报到） 会议地点： 中国·上海 进固态电池群 ，加小编微信：13248122922 注：添加好友请备注 公司名称 ...