文 | 厚雪商业 等了10年，无人驾驶领域终于等来了"关键时刻"。 6 月 22 日，特斯拉 Robotaxi 在美国奥斯汀南部启动运营，10 辆 2025 款 Model Y 组成的无人驾驶车队 在限定区域载客运营。 几乎同时，中国市场传来新动态：哈啰联合蚂蚁集团、宁德时代成立上海造父智能，正式入局Robotaxi 赛道，聚焦 L4 级自动驾驶技术的商业化落地。 行业热闹起来了。如今的Robotaxi领域已集结特斯拉、谷歌 Waymo、百度萝卜快跑、滴滴、文远知行 等国内外玩家。高盛发布的报告显示，全球Robotaxi市场预计将迎来爆炸式增长，到2030年市场规模有 望达到400亿至457亿美元，复合年增长率（CAGR）超过60%。 当行业从技术验证期迈向规模化落地阶段，如何突破技术安全瓶颈、优化商业化路径、构建可持续的运 营生态，将成为所有参与者必须跨越的新关卡。毕竟，这场十年长跑的下半程，比拼的不仅是速度，更 是穿越周期的耐力与韧性。 Robotaxi进入黄金十年 Robotaxi在中美都已不是新鲜事物。英伟达CEO黄仁勋曾表示，未来十年将是无人驾驶汽车（AV）、机 器人和自主机器的时代。 这场技术竞赛 ...

【无人车】深度：谁先放量 20250701 摘要 工业场景中，无人叉车在工厂和物流企业大规模应用趋势显著，中国企 业订单增长率达 50%-100%，提升仓库空间利用率和工作效率，实现 降本增效。 多家企业计划在 2025 年量产 Robotaxi，特斯拉已在美国启动 RoboTaxi 服务，标志着无人出租车商业化进程加速。 徐工集团已交付百台纯电无人驾驶矿卡并投入运营，三一重工、中联重 科等企业也在无人矿山机械领域积极布局，无人矿卡发展潜力巨大。 无人作战平台在军用领域展示出集体作战新范式，机械狼群等新型作战 力量亮相，无人武器平台发展迅速。 封闭场景和特种场景下的无人车辆有望率先大规模应用，技术成熟且商 业逻辑通顺，具备快速放量条件。 2024 年全球仓储自动化解决方案市场规模约为 4,711 亿人民币，预计 到 2029 年将增长至 8,040 亿人民币，复合增长率约为 11%，渗透率 将提升至 28%左右。 AMR 产品在柔性和智能化程度方面优于 AGV，全球 AMR 解决方案市场 规模预计到 2029 年将达到 1,621 亿人民币，复合增长率可达 33%， 渗透率将提升至 20%。 Q&A 无人车在 ...

Core Viewpoint - Tesla's Robotaxi service has officially launched in Austin, Texas, marking a significant step in the company's autonomous vehicle strategy and its potential to reshape the transportation landscape [3][4]. Group 1: Robotaxi Launch and Features - The initial fleet consists of ten refreshed Model Y vehicles, with plans to expand the fleet with additional models like Cybercab [5]. - The Robotaxi operates within a geofenced area and is currently available only to invited users who can request rides via the Robotaxi app [6]. - The service offers personalized experiences by syncing user preferences and payment information through their Tesla accounts [7][8]. Group 2: Market Potential and Opportunities - Elon Musk views Robotaxi as a key opportunity for Tesla, predicting it could revolutionize transportation and generate significant revenue, potentially a "trillion-dollar opportunity" [9][10]. - The scalability of Tesla's Robotaxi is enhanced by its pure vision technology, which avoids the high costs associated with lidar and high-definition mapping used by competitors like Waymo [11][12]. - The operational efficiency of Robotaxi is expected to surpass traditional taxi services, with Musk estimating a utilization rate of over 40 hours per week per vehicle and a gross margin of 70-80% [15]. Group 3: Challenges and Competition - Safety and efficiency of the Full Self-Driving (FSD) technology are critical challenges for the Robotaxi service, as user acceptance hinges on these factors [18][19]. - Regulatory hurdles are also significant, with local opposition and calls for delays in the service's rollout due to new autonomous driving laws [21][22]. - Competitors like Waymo and Baidu's RoboTaxi have already made strides in the autonomous taxi market, with Waymo reporting a fivefold increase in service volume and over 1.5 million rides per week [24][26]. Group 4: Future Outlook - The market is particularly focused on how Tesla can achieve rapid scaling of its Robotaxi service while ensuring safety, which will be crucial for its valuation in the capital markets [31].

2、公司二季度的销售持续增长，是否存在因关税缓和而抢出口 的情况？ 答：公司在北美以自有品牌和自有渠道销售为主，经营模式与 传统的 ODM 外贸企业不同，公司在北美拥有多家本土化运营的子公 司，设有可以存放较大规模存货的多个仓库。公司 2025 年 1-6 月在 美国市场产生的销售，货物基本来自于 2024 年末美国库存以及 2025 年 1-6 月的越南产能，不存在部分国内 ODM 企业类似的"抢出口" 情况。目前，公司在美国的销售基本不受贸易摩擦因素的影响，保 持稳定、连续、增长的态势。 3、公司越南工厂产能建设如何？ 答：公司对越南产能的提升问题高度重视，不断加大人力、物 力等方面的投入。目前，越南产能在不断提升中，特别是电动高尔 夫球车的产量将在 7 月开始放大，为美国市场下半年的销售提供充 足的货源。 投资者关系 活动主要内 证券代码：301345 证券简称：涛涛车业 浙江涛涛车业股份有限公司 投资者关系活动记录表 编号：2025-006 投资者关系 活动类别 □特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 ☑其他(电话会议) 参会机构 共计 138 家 ...

天能股份688819 时间: 2025年7月1日星期二 61.93分综合得分 较强 趋势方向 主力成本分析 27.23 元 当日主力成本 27.41 元 5日主力成本 26.19 元 20日主力成本 25.93 元 60日主力成本 周期内涨跌停 过去一年内该股 涨停 技术面分析 27.76 短期压力位 27.04 0次 跌停 0 次 北向资金数据 | 持股量244.67万股 | 占流通比0.25% | | --- | --- | | 昨日净买入-6.12万股 | 昨日增仓比-0.006% | | 5日增仓比-0.011% | 20日增仓比0.059% | 短期支撑位 27.76 中期压力位 25.34 中期支撑位 目前短线趋势不慎明朗，静待主力资金选择方向； 目前中期趋势不慎明朗，静待主力资金选择方向 K线形态 暂无特殊形态 资金流数据 2025年07月01日的资金流向数据方面 | 主力资金净流出972.18万元 | | --- | | 占总成交额-14% | | 超大单净流出120.81万元 | | 大单净流出851.37万元 | | 散户资金净流出364.49万 | 目前短线趋势不慎明朗，静待主力资金选择 ...

Core Insights - Shenzhen Aerospace Exploration Technology Co., Ltd. has completed a seed round financing of several million yuan, led by Qiji Chuangtan and a strategic industry investor, with funds allocated for the development of its first model, the L400 [2] - The company focuses on the research and manufacturing of electric and intelligent medium-sized aircraft, with a strategy starting from agriculture and gradually expanding to other applications [2][4] Company Overview - Founded in August 2024, the company is led by a founder with a master's degree from the China Academy of Aerospace Aerodynamics and experience in various aviation and drone companies [2] - The core team comprises members from prestigious institutions and companies, bringing extensive experience in aerodynamics, flight loads, and structural strength [2] Product Development - The L400 is an all-electric short takeoff and landing (eSTOL) fixed-wing agricultural drone designed for large farms, with a takeoff weight of 850 kg and a takeoff distance of 150 m [4] - Compared to traditional agricultural aircraft, the L400 reduces takeoff distance by 60%, increases payload capacity by 20%, lowers BOM costs by 30%, and decreases overall operating costs by 40% while improving operational effectiveness by 15% [4] Technology and Innovation - The L400's efficient short takeoff and landing capabilities are attributed to the company's self-developed distributed electric propulsion system, which enhances safety and reduces material and maintenance costs [5] - The flight control system incorporates automotive technology, including automotive-grade chips and modular algorithms, preparing for future manned aircraft development [5] Market Strategy - The company targets overseas markets primarily, as the demand for large farms is significantly higher than in the domestic market, with a focus on mechanized operations [6] - The L400 has already received multiple intention orders from overseas clients in regions such as Russia, Australia, Central Asia, and the United States [6] Future Plans - Following the assembly completion of the L400 by the end of July, the company plans to conduct its first flight in September and aims to optimize the product by the end of the year for mass production [7] - The company intends to initiate a second round of financing in the second half of the year after completing the test flight of the L400 [7]

Group 1 - The stock of Ruichuang Micro-Nano (688002) has a comprehensive score of 67.22, indicating a strong performance [1] - The main cost analysis shows that the current main cost is 68.48 yuan, with a 5-day cost of 67.56 yuan and a 20-day cost of 63.78 yuan [1] - Over the past year, the stock has experienced 2 instances of hitting the upper limit and has not hit the lower limit [1] Group 2 - On July 1, 2025, the net inflow of main funds was 268.18 million yuan, accounting for 1% of the total transaction amount [2] - The short-term pressure level is at 69.72 yuan, while the short-term support level is at 64.14 yuan [2] - The stock is associated with sectors such as semiconductors, national security, satellite internet, and drones, with respective changes of 0.30%, -0.31%, -0.50%, and -0.36% [2]

Core Insights - Xiaomi's YU7 SUV is positioned as a direct competitor to Tesla's Model Y, with a starting price of 253,500 RMB, only 10,000 RMB cheaper than Model Y [4][16] - The initial demand for YU7 is significant, with over 200,000 pre-orders within three minutes and 240,000 within 18 hours, indicating a strong market entry [4][14] - Tesla is facing challenges in maintaining its market dominance due to increasing competition from Chinese manufacturers like Xiaomi, especially in key markets such as China and Europe [16][17] Company Analysis - Xiaomi's YU7 launch has generated considerable attention, with comparisons to Tesla's Model Y and discussions about its potential impact on Tesla's market share [3][5] - The company aims to deliver 350,000 vehicles this year, with the YU7 being a crucial part of this strategy [8][14] - Xiaomi's future plans include expanding into international markets by 2027, which could further challenge Tesla's position [15][17] Industry Trends - The automotive industry is witnessing a shift with increased competition from Chinese manufacturers, leading to a decline in Tesla's sales in Europe and China [16] - Tesla's sales in Europe dropped by 27.9% in May, highlighting the impact of competition from companies like BYD and SAIC [16] - The introduction of lower-priced models by Tesla, such as the potential Model Y "Youth Edition," is seen as a necessary response to the competitive pressure from Xiaomi and other Chinese automakers [18]

Group 1 - Tesla went public 15 years ago, raising $226 million with an initial market value of $2.2 billion, becoming the first U.S. car company to list in over half a century [1] - Since its IPO, Tesla has transformed from near bankruptcy to the world's first car company with a market value exceeding $1 trillion, with last year's revenue surpassing $100 billion [1] - An investment of $10,000 in Tesla stock at the time of its IPO would now be worth over $3 million, contributing to Elon Musk's status as the world's richest person with a net worth exceeding $400 billion [1] Group 2 - Tesla's future value is now focused on autonomous vehicles and robotics, with recent trials of self-driving taxis in Austin revealing significant technical issues, such as sudden braking and lane errors [1] - The core electric vehicle business is facing challenges, with a projected sales decline of over 10% this year after a halt in growth since 2023, and the previously stated goal of selling 20 million units by 2030 is no longer mentioned [1] - Tesla's brand value has decreased by 26% in 2024, marking the second consecutive year of decline, and the stock price has dropped approximately 16% this year, reflecting poor performance [2]

7 月 1 日，特斯拉官网显示，特斯拉中国将 Model 3 长续航版售价上调至 28.55 万元，此前价格 为 27.55 万元。 Model 3 后轮驱动版和高性能全轮驱动版价格保持不变，依旧是 23.55 万元和 33.95 万元。焕新 Model Y 长续航全轮驱动版 CLTC 续航增至 750km ，起售价保持 31.35 万元不变。 据特斯拉方面介绍， Model 3 长续航全轮驱动版车型迎来升级 ，续航更长， CLTC 续航提升至 753 公里，动力更强，百公里加速升级至 3.8 秒 。 Model 3 长续航版及焕新 Model Y 长续航版搭 载了新的电池包，电池可用度数没有变化，但采用了新的化学配方，并通过整车的优化，提升了车辆 的续航里程。同时，新电池会更加耐用。 以下文章来源于e公司 ，作者证券时报 梅双 e公司 . e公司，证券时报旗下专注上市公司新媒体产品，立志打造A股上市公司资讯第一平台。提供7x24小时 上市公司标准化快讯，针对可能影响上市公司股价的主题概念、行业事件及时采访二次解读，从投资者 需求出发，直播上市公司有价值的活动、会议。 特斯拉价格策略再次调整。 特斯拉财报显示 ...