点击蓝字 关注我们 乘联分会&科瑞咨询联合发布 新能源商用车周报 (总第0105期 2025年5月第4周) ▌自录 CONTENTS 僵）行业数据 · 市场：市场：新能源商用车销量与渗透率 企业团公 · 徐工汽车:驭汉界,定乾坤!徐工2.0轻卡重磅发布 供应链 政策清晨规 · 赛轮:塞轮印尼工厂首胎下线 全球化战略再迎重要突破 · 长飞先进：长飞先进武汉基地首片晶圆正式下线 上海市嘉定区人民政府发布关于印发《嘉定区关于支持智能网 联新能源汽车产业发展的若干政策》的通知 《通知》指出，支持氢燃料电池汽车产业发展。按上海市有关 政策支持。支持全固态电池产业发展。鼓励全固态电池产业链 企业开展研发活动，按核定研发投入的10%给予奖励，最高500 万元。支持扩大产能，按核定发生费用的10%给予奖励，最高 3000万元。实施增产奖励,按照增长比例最高给予500万元的- 次性奖励。鼓励产业集聚发展,对推动集聚发展情况开展评价 并予以奖励,最高不超过500万元。 贵州贞丰县人民政府发布《贞丰县能源局关于进一步加强电动 汽车充电基础设施建设运行管理的通知》 《通知》指出,有停车位的个人、加油站、自有用地的企业等 增加安装充电 ...

Core Viewpoint - The monthly stock recommendations from brokerage firms reflect a comprehensive judgment on macroeconomic conditions, industry trends, and individual stock values, serving as an important reference for investors to observe market directions [1] Group 1: Market Analysis - As of June 2, 23 brokerage firms have released their assessments for the A-share market in June, with a total of 157 stocks included in the June "golden stock" list [2] - The top three industries represented in the recommendations are machinery and equipment, electronics, and pharmaceuticals, with 17, 14, and 13 stocks respectively [2] - East Wu Securities indicates that while U.S. tariff disruptions continue, their impact on the market is marginally weakening, suggesting that the overall impact on A-shares is controllable [2] - Zhongtai Securities anticipates some pressure in the market for June but expects a solid bottom, with potential upward options for A-shares in the medium term [2] Group 2: Stock Recommendations - A total of 21 stocks received recommendations from two or more brokerage firms, with Yara International (000893) and Dongpeng Beverage (605499) leading with four recommendations each [3] - Yara International's strengths include a recovering potassium fertilizer industry, successful expansion in production, and favorable tax policies [3] - Dongpeng Beverage reported a first-quarter revenue of 4.85 billion yuan, a year-on-year increase of 39.2%, and a net profit of 960 million yuan, up 53.5% year-on-year [3] Group 3: Performance Metrics - All 21 stocks on the June golden stock list reported profits in the first quarter, with 13 stocks showing a net profit growth of over 10% [4] - Yara International and Wanma Technology both saw their net profits double year-on-year [4] - Wanma Technology's first-quarter revenue grew by 78.24%, with a net profit increase of 237.89%, driven by growth in communication and vehicle networking businesses [4] - Juhua Co. achieved a net profit of 808 million yuan in the first quarter, a 160.64% increase, with a focus on high-quality development in pharmaceutical packaging [4]

深城交：无人物流的卡位与布局 20250531 摘要 深圳正积极推动无人物流车商业落地，已初步发布物联网调度平台，并 与美团、顺丰、京东等签署战略合作协议，同时颁发 L4 级别测试牌照， 旨在通过技术体系支持无人物流运营，提升城市物流效率。 深圳市已着手建设覆盖全市的充电桩和停车位网络，旨在提高资源利用 率，为无人物流车提供配套服务，协调社会资源，为未来的大规模部署 提供支持，解决无人物流车运营的后顾之忧。 公司中标香港新能源车辆及政府专项资金系统项目，金额超 3 亿港元， 虽目前仍以有人驾驶为主，但未来将依托数字底座和大模型技术，逐步 向无人驾驶技术发展，实现对车辆和飞机的有效管控与调度。 公司与东部公交公司合作"无人物流市政项目"，旨在建设智慧物流枢 纽，包括智慧场站、运力车辆等，实现龙岗区内无人化物流运送，这是 一个软硬件结合的完整系统，公司参与其中进行运营和投资。 公司与深圳机场签约无人接驳车项目，预计 6 月节后开始测试，通过降 低事故率、减少人工成本，实现更高效、更低成本的运营，未来计划将 此模式复制到其他机场，扩大业务规模。 Q&A 深圳市在智能网联和无人物流领域的最新进展是什么？ 深圳市将在 ...

Group 1: Forum Overview - The World Mayors Dialogue and the 2025 Shanghai International Friendly Cities Cooperation Forum took place in Shanghai from May 28 to 30, focusing on themes of "green, low-carbon, development, and innovation" [1] - Representatives from 26 friendly cities across 22 countries gathered to discuss topics such as green initiatives, low-carbon strategies, youth engagement, and innovation [1] Group 2: International Cooperation - Shanghai has established friendly relations with 95 cities in 59 countries, showcasing its global network and commitment to international collaboration [1] - The forum highlighted practical measures to enhance cooperation among international friendly cities, reflecting China's proactive role in promoting a community with a shared future for mankind [1] Group 3: Green Development Initiatives - Representatives from various cities, including Mexico City and Los Angeles, expressed interest in learning from China's experience in developing green and low-carbon vehicles [2] - The establishment of a green shipping corridor between Shanghai and Los Angeles was noted as a significant achievement in promoting sustainable shipping practices [2] Group 4: Youth Engagement and Innovation - The forum emphasized the importance of youth in shaping the future of cities, with discussions on initiatives to retain young talent and foster innovation [4] - Suggestions were made to form an "Innovation City Alliance" to develop low-carbon logistics infrastructure among key port cities [3] Group 5: Healthcare and Public Services - The forum showcased Shanghai's advancements in healthcare, including comprehensive community health services and the use of digital technology in medical management [6] - International representatives praised Shanghai's public service efficiency and its role as a model for global public service standards [7]

每经记者｜赵雯琪 每经实习编辑｜余婷婷 韩冰介绍，比亚迪通过八大硬件冗余设计保障有条件自动驾驶的功能安全。其中，在交互安全方面，保障人机优先。通过驾驶员监管能力监测，实现及时可 靠的监管策略，确保驾驶员安全过渡；若驾驶员未成功接管，系统将继续保持运行。在人机交互设计方面，则通过光学、声学、触觉等多方式实现安全过 渡。 他进一步表示，车辆搭载V2X（Vehicle to Everything，车联万物）硬件可实现协同感知功能，提升车辆服务的安全性、高效性和便捷性。在网络与数据安全 方面，通过硬件与固件层安全防护、通信安全架构、软件与数据安全防护等方案，构建整车纵深防御安全体系。 韩冰表示，比亚迪未来将继续深化车路云协同，通过安全体系创新、数据驱动迭代和行业协同，引领中国智能网联汽车产业进入全民智驾新时代，为全球智 能化转型提供中国方案。 图片来源：直播截图 "我们都知道L3（有条件自动驾驶模式）产业技术的核心和瓶颈都是安全。当智驾系统开始接管方向盘的时候，安全就是悬在我们头顶上的一把剑。我们需 要通过冗余的设计、交互安全的策略、协同安全设计等方法来构建安全体系。" 6月1日，2025（第三届）未来汽车先行者大会 ...

Core Viewpoint - The automotive industry is increasingly emphasizing safety as a core value, with Volvo positioning safety not just as a selling point but as a fundamental belief and systematic capability [3][10][21]. Group 1: Safety as a Core Value - Volvo's CEO in the Asia-Pacific region, Yuan Xiaolin, states that safety is a belief rather than a marketing point, emphasizing a systematic approach to safety [3][10]. - The launch of the new S90 showcases Volvo's commitment to safety through detailed presentations of safety features and manufacturing processes [3][4]. - Volvo's approach to Automatic Emergency Braking (AEB) focuses on balancing effective triggering and minimizing false activations, with a target of no more than one false activation every 220,000 kilometers [5][10]. Group 2: Technological Integration and Reliability - Volvo categorizes intelligent safety features into those that impact driving and those that do not, ensuring high reliability for features that affect driving [8][18]. - The company maintains a commitment to not releasing unverified technologies to consumers, ensuring that all features provide real value [18][20]. - Volvo's safety system integrates various technologies based on real traffic safety needs, emphasizing the importance of a comprehensive safety framework [11][17]. Group 3: Market Positioning and Pricing Strategy - The starting price of the new S90 is set at 300,900 yuan, reflecting a 100,000 yuan reduction from the previous version, indicating a strategic response to market competition [10][23]. - Despite price adjustments, Volvo remains committed to its safety standards and will not compromise on quality or safety for market survival [10][20]. - The company believes that a brand's survival should be rooted in its values, with safety being a non-negotiable aspect of its identity [10][20]. Group 4: Global Standards and Local Production - Volvo's Daqing factory is the exclusive production base for the S90, adhering to global safety standards while producing vehicles for the global market [9][25]. - The factory is noted for its commitment to sustainability, being the first in Heilongjiang to achieve 100% carbon-neutral electricity usage [25]. - Volvo maintains a unified global quality standard, ensuring that products meet high safety and quality benchmarks regardless of the market [25].

Core Viewpoint - Jiangling Motors is focusing on expanding its overseas market and advancing its transformation towards new energy and intelligent vehicles, with a positive outlook on its growth potential [1][4]. Financial Performance - In 2024, Jiangling Motors achieved a revenue of 38.374 billion yuan, a year-on-year increase of 15.70%, and a net profit attributable to shareholders of 1.537 billion yuan, up 4.17% year-on-year [2]. - For Q1 2025, the company reported a revenue of 7.967 billion yuan, a slight decrease of 0.09% year-on-year, and a net profit of 306 million yuan, down 36.56% year-on-year [2]. Revenue Breakdown - In 2024, the company's vehicle revenue reached 34.702 billion yuan, a year-on-year increase of 14.32%, with steady growth in SUV, pickup, and light bus sales [3]. - Parts revenue was 1.807 billion yuan, up 5.04% year-on-year, while sales of materials and others surged to 1.138 billion yuan, a 130.73% increase [3]. Profitability Metrics - The gross margin for 2024 was 14.13%, down 1.25 percentage points year-on-year, while the net margin was 3.14%, a decrease of 0.07 percentage points [3]. - In Q1 2025, the gross margin was 11.81%, down 0.48 percentage points year-on-year, and the net margin was 3.88%, an increase of 0.88 percentage points [3]. International Market Expansion - Jiangling Motors' export volume reached 116,600 units in 2024, a year-on-year increase of 21.9%, with over 100 overseas dealers and showrooms [4]. - The company has signed a vehicle export cooperation framework agreement with Ford, expanding its product reach to 105 countries [4]. New Energy Strategy - The company has fully covered the light commercial vehicle, light truck, and pickup segments in its new energy product line, achieving sales of 10,900 new energy vehicles and generating revenue of 1.118 billion yuan [4]. - New electric models like the E-Fushun and E-Shund are enhancing the company's electric commercial vehicle offerings [4]. Intelligent Connectivity Initiatives - Jiangling Motors is collaborating with various tech companies to develop smart driving and connected vehicle technologies, including a successful L4-level road test license in Guangzhou [5]. Investment Outlook - Short-term growth is expected as the company increases its focus on new energy and overseas markets, with key models gradually being released [6]. - Long-term prospects are positive, with anticipated breakthroughs in new energy and L4-level autonomous driving technologies [6]. - Revenue projections for 2025-2027 are 42.439 billion, 48.208 billion, and 55.728 billion yuan, with net profits of 1.6 billion, 1.849 billion, and 2.187 billion yuan respectively [6].

点 击 蓝 字 关 注 我 们 本文全文共 2318 字，阅读全文约需 7 分钟 中国汽车流通协会乘用车市场信息联席分会（简称乘联分会)联合上海安路勤企业管理咨询有限公司(简称 安路勤)联合发布的乘用车智能化指数，旨在定期监控国产乘用车市场的智能化发展进程，并通过历史数据比 对，判断未来发展趋势。 2025年4月乘用车智能化指数为31.9。其中智能座舱指数为34.4；智能驾驶指数为34.5；舱外智能指数为 17.0。 通过对2025年1月起的乘用车智能化指数进行追溯计算，可以看到最近4个月来的乘用车智能化指数走势 变化。 目前，乘用车智能化指数有三个分项指数，分别为 智能座舱指数、智能驾驶指数 和 舱外智能化指数 。 2025年4月智能座舱指数为34.4，较上月出现小幅度下滑。 2025年4月智能驾驶指数为34.5，环比小幅下降。 2025年4月舱外智能指数为17.0，同样也较上月有所下滑。 数据来源： 以乘联分会每月发布的《乘用车市场信息联席分会月报表 ( 零售表 ) 》为销量数据来 源，结合安路勤智车研栈智能装备监测数据，每月通过全国各主要城市各品牌 4S 店抽样调查的各车型数 据拟合而成 。 指数构成： ...

5月28-29日，"2025汽车大数据应用产业大会暨中国汽车工程学会汽车大数据应用分会成立大会"在北京亦庄举行。大会以"数智驱动 擎启新章"为主题， 来自政府机构、整车企业、零部件供应商、科研院所、行业组织及媒体代表等300余人参会，共同探讨数据驱动下汽车产业的变革路径与未来机遇。 一系列重磅成果发布 据悉，本次大会由中国汽车工程学会汽车大数据应用分会、北京理工大学联合主办，北京亿维新能源汽车大数据应用技术研究中心、新能源汽车国家大 数据联盟承办，聚焦汽车大数据在电动化、智能化、网联化转型中的核心作用。 会上一系列重磅成果发布。其中，中国汽车工程学会汽车大数据应用分会正式官宣成立，中国工程院院士、北京理工大学教授孙逢春当选分会主任委 员。分会秘书处单位设在北京理工大学，委员会涵盖整车、零部件、能源、保险、通信等跨领域专家，致力于推动汽车大数据确权、标准体系建设及技术应 用落地。 中国汽车工程学会理事长张进华指出，汽车大数据正驱动产业技术革新与跨界融合，分会的成立将聚焦关键技术攻关、标准体系构建及生态协同创新， 加速推动绿色智能产业体系发展，助力汽车产业向"数智强国"迈进。据悉，分会已牵头制定《典型应用场景汽车 ...

Group 1 - The core viewpoint of the news is that Hangzhou Garden's strategic investment in Zhichu Automotive Technology is a significant move to position itself in emerging industries and explore industrial synergy under the "dual carbon" goals [1][2][3] - Zhichu Automotive Technology, established on June 17, 2022, has quickly emerged in the automotive technology sector, focusing on advanced vehicle chip platform development and production supply, particularly in smart cockpit and intelligent driving domains [1][2] - The investment aligns with the ongoing transformation in the automotive industry, where electric vehicles and smart connected cars are becoming key growth drivers, with global sales of new energy vehicles continuing to rise [2] Group 2 - Hangzhou Garden aims to leverage its expertise in urban planning and landscape design to contribute to the development of smart transportation infrastructure, creating harmonious designs for electric vehicle charging stations that enhance urban aesthetics [2] - The technology from Zhichu Automotive may enhance the visitor experience in cultural tourism projects, such as smart guided vehicles in scenic areas, showcasing innovative applications of their automotive technology [2] - The company will closely monitor Zhichu Automotive's development and may consider further investments if significant technological advancements are made, which would support the dual carbon goals and enhance competitive positioning in emerging industries [3]