2025.12.08 当时的中国新能源汽车行业，虽然面临严峻的价格战挑战，新势力进入淘汰赛阶段，但另一方面，市场 空间依旧广阔，销量增速超30%，而且当时智能化正在进入"城市场景"普及前夜，这让以智能化作为核 心优势且有大厂背景的极越汽车仍算是一个"香饽饽"。 虽然进入汽车行业的很短，但徐继业闹出的"动静"不小。2024年8月，徐继业在朋友圈炮轰小米汽车和 雷军，批评小米汽车"亏钱卖车"，称其行为"没有公德心和羞耻心"，并暗示这种定价策略可能构成"倾 销"。这一举动很快引起车圈热议，并登上热搜。 新势力自带流量光环，徐继业的一举一动都被"放大"。徐继业向第一财经记者表示："我当时纯粹就是 有感而发，没想到会造成这么大影响，事后夏一平（极越汽车CEO）也批评我了，但我并不后悔，重来 一次我可能还是会这样。我从来没把自己当公关，我很自由。" 在徐继业加入后不到一年，在激烈的竞争下，极越汽车在2024年底"闪崩"，先是传出大规模裁员的消 息，很快资金链断裂、"原地解散"的消息也接踵而至。该新势力也发声称"正在积极推进融资"，从侧面 承认了经营困难一事。此事经发酵后，员工、供应商纷纷到公司讨要说法，公司业务也彻底停摆 ...

2025.12. 08 本文字数：1628，阅读时长大约3分钟 这是徐继业在 2024年底官宣离开"老东家"后，在职业上的再次出发。他在2024年上半年加入了极 越汽车，该公司当时正值更名后的品牌重建阶段，亟需相关人才。而徐继业此前职业经历丰富，有媒 体、互联网大厂公关部等从业经验，很快就成为了极越汽车的公关负责人。 当时的中国新能源汽车行业，虽然面临严峻的价格战挑战，新势力进入淘汰赛阶段，但另一方面，市 场空间依旧广阔，销量增速超 30%，而且当时智能化正在进入"城市场景"普及前夜，这让以智能化 作为核心优势且有大厂背景的极越汽车仍算是一个"香饽饽"。 虽然进入汽车行业的很短，但徐继业闹出的 "动静"不小。2024年8月，徐继业在朋友圈炮轰小米汽 车和雷军，批评小米汽车"亏钱卖车"，称其行为"没有公德心和羞耻心"，并暗示这种定价策略可能 构成"倾销"。这一举动很快引起车圈热议，并登上热搜。 新势力自带流量光环，徐继业的一举一动都被 "放大"。徐继业向第一财经记者表示："我当时纯粹 就是有感而发，没想到会造成这么大影响，事后夏一平（极越汽车CEO）也批评我了，但我并不后 悔，重来一次我可能还是会这样。我从来没 ...

Core Insights - RoboSense has secured a new pre-installation mass production contract with FAW Toyota for a well-known best-selling model, with a cumulative order scale of nearly 1 million units over five years [1] - This marks RoboSense's second significant collaboration with FAW Toyota, following a three-year exclusive contract for a pure electric model [1] - RoboSense is the first Chinese technology company to enter Toyota's lidar supply chain, having previously supported the launch of FAW Toyota's bZ5 and bZ3 models [1] Company Developments - The new model contract highlights Toyota's high recognition and continued trust in RoboSense's technological strength and product reliability [1] - RoboSense aims to deepen its collaboration with FAW Toyota, leveraging its digital lidar technology to promote the global application of high-quality smart new energy vehicles [1] - The company has also secured contracts with international automakers such as Audi, Volkswagen, and North American new energy companies, with total orders exceeding 1 million units [1] Industry Impact - RoboSense's leading digital technology is driving the intelligent upgrade of new energy vehicles for global automakers [1]

新汽车生态合作，报名中国版CES！ 作 者 | 张 晓 亮 （ S o C a r 产 品 战 略咨 询 创 始 人 兼 C E O ） 编 辑 | 吴 静 设 计 | 甄 尤 美 由此，我们可以看到各类用户的选车逻辑差异和 各类消费额群体偏爱的座舱设计。最后，他还提出了自动驾驶、车辆角色与座舱演化的关键问 题。 比如，在 行驶过程中，司机变为乘客，所有人都是乘客，动态场景如何变化？针对不同类型的用户，大家在车上的时间会变长还是变短？新的交 通模式，是否可以带来生活方式的创新？能否创造新的职业？ 以下是张晓亮的演讲实录，《汽车商业评论》略作编辑。 找到真正的用户 " 这些年汽车已经完成了电驱化的进程，初期的智能化已经走到了半场结束的时候，下半场是真正的智能化。但是带来一个问题是同质化。 " 12 月 5 日 ， 在 WNAT-CES 2025 新汽车技术合作生态交流会 的 智能座舱论坛上， SoCar产品战略咨询创始人兼CEO张晓亮指出了智能化时代当 下所有车企接下来面临的挑战—— 新品牌差异化如何构建，如何维持该有的品牌和体验溢价？ 现在被各种同质化技术裹挟的市场，我们是不是真正了解清楚用户的需求，还是我们 ...

Core Viewpoint - GAC Group has shown significant growth in both domestic and international markets, with a focus on smart and high-end vehicle development, alongside a newly appointed management team to drive its internationalization strategy [1][3][4]. Group 1: Sales Performance - In November, GAC Group's vehicle sales reached 179,700 units, representing a month-on-month increase of 5.2% [1]. - From January to November, GAC's self-owned brand overseas sales increased by 39% year-on-year [7]. - GAC Toyota's electric model, the Platinum Smart 3X, achieved a monthly sales figure of 10,010 units, marking two consecutive months of sales exceeding 10,000 units [5]. Group 2: Management and Strategy - GAC Group has appointed a new management team led by General Manager He Xianqing, responsible for key areas such as product management, R&D, manufacturing, marketing, internationalization, and strategic development [3]. - Chen Jiacai, an external talent with extensive experience in overseas business, will oversee GAC's international operations, contributing to the "ONE GAC 2.0" strategy [3]. Group 3: Product Development and Innovation - GAC continues to enhance its smart and high-end vehicle offerings, with significant sales increases in key models [4]. - GAC's Aion brand has launched its first dual-power model, the Aion i60, which received over 10,000 orders within two weeks of its release [4]. - GAC's Haobo brand has made strides in smart technology, obtaining an L3-level autonomous driving testing license, becoming the first company in China to receive such approval for speeds up to 120 km/h [4]. Group 4: Market Expansion - GAC has entered the Australian and Argentine markets in November and is advancing localization efforts in Europe, partnering with Magna for production in Austria [7]. - The AION V has commenced production at Magna's Graz facility, with plans to expand cooperation into more European markets [7].

Core Viewpoint - The automotive industry is experiencing a significant transformation driven by competition among different technology routes, including pure electric, plug-in hybrid, and range-extended vehicles. This has led to a shift in the relationship between manufacturers and suppliers, emphasizing collaboration and shared growth in the face of survival anxiety [5][7][14]. Group 1: Industry Dynamics - The competition in the automotive sector is intensifying, with the landscape for electrification still uncertain while the race for intelligence in vehicles is accelerating [5]. - Suppliers are now taking on a more prominent role in defining technologies, particularly in key areas such as the three electric systems, intelligent driving, and vehicle chips, marking a structural shift in their industry position [7]. - The relationship between manufacturers and suppliers is evolving from a linear model to a collaborative partnership, especially as Chinese automotive companies expand globally [7][9]. Group 2: Challenges and Opportunities - Despite an increase in orders for many component manufacturers, profit margins are shrinking, leading to a paradox where value creation is becoming more challenging [7]. - The automotive industry is entering a critical phase of scale development, with projections indicating that by 2025, the penetration rate of new energy vehicles in China will exceed 50% [28]. - The industry faces regulatory challenges, such as the EU battery regulations that trace carbon footprints back to mineral sourcing, necessitating a transformation in supply chain structures [23][24]. Group 3: Technological Innovations - The focus on quality is paramount, as it is seen as the foundation for long-term cooperation and high-quality development within the industry [18]. - Innovations in thermal management systems are becoming increasingly important, with energy consumption in electric vehicles attributed to these systems ranging from 15% to 20% [28]. - The integration of new refrigerants and thermal management technologies is essential for improving vehicle performance and reducing costs [36][40]. Group 4: Strategic Collaborations - Companies are encouraged to shift from a transactional relationship to a co-creative partnership, enhancing their collaborative capabilities to develop core technologies together [26]. - The automotive sector is witnessing a trend towards creating shared, open, and win-win ecosystems, moving away from short-term transactional dynamics [24]. - The emphasis on long-term strategic collaboration is crucial for navigating the competitive landscape and ensuring sustainable growth [24][26].

内容概况：在全球汽车产业电动化、智能化转型的背景下，汽车照明系统正经历从传统功能照明向智能 场景定义的重要变革，成为影响行车安全与交互体验的核心部件。中国凭借完善的产业链基础、持续的 技术创新能力以及有力的政策支持，已发展成为全球汽车照明领域的重要力量。近年来，随着我国汽车 照明智能化进程加速推进，以及单车智能照明系统价值含量的显著提升，行业规模呈现持续增长态势。 数据显示，中国汽车照明系统行业市场规模从2020年的558.6亿元增长至2024年的809亿元，年复合增长 率为9.7%。未来，随着自适应远光、像素化控制、光场交互等先进技术的进一步普及，汽车照明系统 将朝着更智能、更集成、更个性化的方向持续演进，推动行业进入高质量发展新阶段。 关键词：汽车照明系统行业发展历程、汽车产销量、汽车照明系统行业产业链、芯片产量、全球汽车照 明系统行业产值、中国汽车照明系统行业市场规模、汽车照明系统行业发展趋势 一、汽车照明系统行业概述 汽车照明系统是为保障行车安全设计的装置，是车辆的重要组成部分，由外部照明、内部照明和灯光信 号系统构成。外部照明包含前照灯、雾灯、示宽灯、刹车灯、转向灯等设备，在夜间行车时提供路面照 明 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603786 证券简称：科博达 公告编号：2025-084 科博达技术股份有限公司 关于2025年第三季度业绩说明会召开情况的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担个别及连带责任。 科博达技术股份有限公司（以下简称"公司"） 2025年第三季度业绩说明会于2025年12月5日15:00- 16:00，在上海证券交易所上证路演中心（网址：https://roadshow.sseinfo.com/）以网络互动的方式召 开，就投资者关注的问题在信息披露允许的范围内进行了交流。现将有关事项公告如下： 一、本次说明会召开情况 公司于2025年11月28日在上海证券交易所网站（www.sse.com.cn）及指定媒体披露了《科博达技术股份 有限公司关于召开2025年第三季度业绩说明会的预告公告》（公告编号：2025-081）。 回复：投资者您好，2025年前三季度，公司前五大终端客户合计贡献营收占比61.30%，其他客户营收 占比为38.70%。具体而言，前五大终端客户包括德 ...

广汽集团坚守"市场化选聘、契约化管理、差异化薪酬、市场化退出"的用人机制，以海纳百川 （301667）的开放格局，面向全球引入外部创新人才。"番禺行动"启动以来，广汽职业经理人选聘受到 外界广泛关注。 作为新一届职业经理人团队引入的外部人才，在汽车出海方面有着丰富实战经验的陈家才将负责广汽海 外业务，为广汽在国际化转型与"ONE GAC2.0"出海战略的本地化行动布局中注入新的战略思维、先进 理念与管理能力，激活团队创新潜能，为再造"新广汽"战略落地提供强有力的经验支撑。 今年11月，广汽集团继续深化智能化、高端化布局，多个主力车型销量回升，带动旗下五大整车品牌表 现逐步向好。自主品牌在汽车智能化、高端化方面有多项市场进展。广汽传祺截至今年11月新能源车型 销量已突破15万辆，MPV家族累计销量超83万辆，领跑中国豪华MPV市场，其中E8系列连续16个月获 得新能源中型MPV销冠。广汽埃安首款双动力车型埃安i60已于广州车展前夕推出，上市两周订单突破1 万辆。由京东、广汽集团与宁德时代（300750）联合推出的埃安UT super已于11月份开启规模化交付。 广汽昊铂在智能化方面取得重要进展，昊铂A800获得 ...

Core Insights - The report maintains a bullish outlook on the automotive industry, emphasizing the synergy between policies, exports, and smart technology, which is reshaping the market landscape [1][2]. Group 1: Industry Growth Logic - The automotive industry is projected to see a total sales volume of over 34 million units in 2025, with a year-on-year growth rate of approximately 8% [8]. - In the first ten months of 2025, cumulative sales reached 27.65 million units, reflecting a year-on-year increase of 12.29% [8][7]. - The penetration rate of new energy vehicles (NEVs) reached 46.70% in the same period, with cumulative sales of 12.91 million units, up 32.42% year-on-year [21][4]. - The export growth rate for NEVs was significantly higher at 87.57%, compared to domestic demand growth of 25.71% [21][4]. Group 2: Export Dynamics - In the first ten months of 2025, China's automotive exports reached 5.58 million units, marking a year-on-year increase of 15.05%, with exports accounting for 20.19% of total sales [11][10]. - The top ten exporting companies included Chery and BYD, with Chery exporting 1.063 million units, a 12.9% increase, and BYD's exports surging by 140% to 789,000 units [11][10]. Group 3: Domestic Demand - Domestic sales in the first ten months of 2025 totaled 22.06 million units, reflecting an 11.61% year-on-year increase [15][14]. - The "trade-in" policy has been enhanced to stimulate domestic demand, expanding the scope of vehicle scrappage and increasing subsidy standards [15][14]. Group 4: Self-owned Brands - The market share of domestic brands in passenger vehicles rose to 69.48% in the first ten months of 2025, up from 38.43% in 2022, with a growth rate of 21.31% [19][18]. - The overall growth rate for passenger vehicles was 12.80%, indicating a strong performance from domestic brands [19][18]. Group 5: Smart Technology and Parts - The smart driving market in China is expected to approach 450 billion yuan by 2025, with the penetration rate of L2-level assisted driving exceeding 50% [33][31]. - The report highlights the acceleration of domestic parts replacement, driven by supportive national policies and expanding market scales, particularly in the NEV sector [38][34]. - The synergy between smart connected vehicles and humanoid robots is noted, with both industries sharing over 50% of supply chain resources, which could significantly reduce production costs for robots [41][39]. Group 6: Investment Recommendations - Recommended companies in the complete vehicle sector include BAIC Blue Valley, GAC Group, and Great Wall Motors [47]. - In the parts sector, companies such as Bertley, Yinlun, and Longsheng Technology are highlighted as potential investment opportunities [47]. - For small-cap stocks, Baihehua is suggested as a promising investment [47].