Core Insights - The company reported a revenue of 9.937 billion yuan for 2024, representing a year-over-year increase of 32.95%, and a net profit attributable to shareholders of 1.209 billion yuan, up 35.60% year-over-year [1] - The fourth quarter saw a revenue of 3.358 billion yuan, with a year-over-year growth of 41.80% and a quarter-over-quarter increase of 28.80% [1] Revenue and Profit Growth - The rapid growth in revenue is attributed to the quick ramp-up of electric control products, with Q4 sales of smart electric control products increasing by 48% year-over-year and 32% quarter-over-quarter, totaling 1.78 million sets [2] - The company added 40 and 22 new designated projects for EPB/WCBS, respectively, contributing to the revenue growth [2] Margin Improvement - The gross margin for 2024 was reported at 21.14%, with Q4 gross margin at 20.86%, which is expected to improve to approximately 22.2% after adjusting for warranty costs [3] - The net profit margin for 2024 increased by 0.2 percentage points year-over-year to 12.2% [3] Global Expansion - The company’s overseas revenue grew by 25.9% year-over-year to 1.09 billion yuan, with a gross margin of 31.9%, significantly higher than domestic operations [4] - The first phase of the Mexican factory has quickly reached production capacity, and the second phase is expected to support major North American automakers [4] Profit Forecast - The company maintains profit forecasts of 1.51 billion yuan and 1.93 billion yuan for 2025 and 2026, respectively, with an expected net profit of 2.42 billion yuan for 2027 [5] - A target price of 65.49 yuan is set for 2025, based on a PE ratio of 26.3 times [5]

每经记者 董天意 实习生 周卓孜 每经编辑 孙磊 | 2025年4月29日 星期二 | NO.1 吉利汽车发布2024年ESG报告 4月28日，吉利汽车控股有限公司（以下简称吉利汽车）发布了2024年环境、社会及管治（ESG）报 告。报告显示，公司通过能源"再生"、产品"节能"等多元举措，推动减排成效显著：2024年单车全生命 周期碳排放较2020年下降18%，新能源销量同比激增92%至88.8万辆，建成12个绿色工厂和11个无废工 厂，成为全国首批"无废企业"。2025年作为"智能吉利2025"战略收官年，公司将深化六大战略方向，力 争单车全生命周期碳减排超25%。 路透社消息，丰田汽车正评估收购丰田工业公司方案，交易或涉资420亿美元。此前彭博社称，丰田董 事长丰田章男家族曾提议此收购价，但丰田自动织机公司否认收到相关提议。丰田工业正面临股东解除 交叉持股的压力，以期提升回报与投资效率。目前丰田持有丰田工业24%股份，丰田工业持有丰田 9.07%的股份。若丰田工业私有化，交叉持股将解除，或改善集团治理并推动增长战略。双方尚未作出 最终决定。 点评：丰田考虑以420亿美元收购丰田工业，这一举措可能重塑两家公 ...

小鹏汽车 20250428 摘要 • 小鹏汽车推出智能辅助驾驶安心服务，为用户提供最高 100 万元的补偿， 旨在提升用户对小鹏智驾系统的信任度，并加速智能驾驶平权，全系标配 Maxim 智驾顶配系统。 • 该安心服务直接面向车主，规避了保险公司自驾险替代车险的监管限制， 通过与头部保险公司合作转移风险，并设计了 5 秒接管空间，提升用户体 验，同时验证 NGP 软件的安全性。 • 小鹏汽车积极响应人大代表建议，推动智能辅助驾驶保险业务发展，助力 L3/L4 级别自动驾驶发展，并与主管部门合作制定行业标准，分享经验。 • 自驾险旨在补偿因自驾事故导致车险索赔后的保费上涨，提供一万以下 800 元、一万以上 10%的补偿，有效覆盖续保费用，让客户放心索赔。 • ADAS 保险由用户支付给小鹏汽车，小鹏再向保险公司投保，风险已转移 至保险公司，服务有效期与商业险一致，仅限小鹏官方渠道购买且含全额 车损险及三者险 100 万以上用户。 • 小鹏汽车自驾险定价基于场地测试和路测数据建立的定价模型，反映了其 自驾技术实力，并依法合规地提供相关数据给保险公司进行责任判定，提 供最优性价比保障。 • 自驾保险的推出预计将对 ...

Group 1 - Huawei Qian Kun, along with multiple parties, has initiated a safety initiative for intelligent assisted driving, focusing on continuous investment in core technology research and development [1] - The initiative aims to enhance the active safety capabilities of vehicles while maintaining a quality baseline and improving the vehicle safety assurance system centered on safety first [1] - The initiative encourages the entire industry to realistically promote and clarify the functional boundaries and usage conditions of intelligent assisted driving, ensuring users understand the true capabilities of their vehicles [1] Group 2 - Key executives from various automotive companies, including Audi China, Dongfeng Mengshi Technology, and others, are involved in discussions related to the automotive industry [3]

Core Viewpoint - Xiaopeng Motors has launched its "Smart Driving Insurance" service, providing coverage for users of its AI-assisted driving system, emphasizing safety and accessibility for all vehicle owners [1][3]. Group 1: Product Launch and Features - The "Smart Driving Insurance" is available for an annual fee of 239 yuan and can be purchased by both new and existing owners across all Xiaopeng vehicle models [1][3]. - The insurance covers multiple scenarios, is offered in collaboration with leading insurance companies, and allows for unlimited claims [3]. Group 2: Purchase Process and Conditions - To purchase the insurance, customers must first buy mandatory and commercial insurance through Xiaopeng's official channels, and then they can access the "Smart Driving Insurance" within three days [3]. - Purchases made through other channels or prior to the official insurance purchase are currently not eligible for this service [3]. Group 3: Industry Context and Safety Measures - The recent focus on intelligent assisted driving has been highlighted by a meeting organized by the Ministry of Industry and Information Technology, emphasizing the need for safety and clear communication from manufacturers [3]. - Xiaopeng Motors has been proactive in enhancing safety measures, including initiatives like the "New Driver Exam" for AI-assisted driving and safety training camps [4].

在这届车展各家企业的发布会上，当提及智能辅助驾驶时，大家都会将话题指向一个共同的维度——安 全。 根据工业和信息化部的数据，预计2025年中国乘用车L2级辅助驾驶及以上新车渗透率将达到65%。这意 味着，约有超2000万的汽车将搭载智能辅助功能，市场进一步扩大的同时，对于安全的考验也越来越 大。 作为智能辅助安全领域头部玩家，鸿蒙智行又一次成为了市场和行业共同关注的焦点。 这几天，上海车展还在如火如荼地进行当中。 车圈 "界"热 对于车企而言，对鸿蒙智行的关注是自身智能化转型焦虑的外化表现。 奇瑞汽车董事长尹同跃曾表示："中国要想造好汽车离不开华为，中国汽车想要从汽车大国变成世界强 国，需要华为的加持赋能。" 车企们对鸿蒙智行的追逐，不仅是对华为技术与品牌影响力的认可，更是在 汽车智能化进程加速的当下，寻求突破与发展的主动抉择。 正是基于这样的初心，今年以来一些品牌不约而同地盯上了一个"界"字，或为新品牌选择一个"X界"的品 牌名，或是注册"X界"的商标。 比如，东风旗下神龙品牌官宣自家新能源定名为HEDMOS"示界"，阿维塔申请注册多枚"塔界""势界"商 标。甚至，当时还有消息称"华为近300人团队入驻阿维 ...

(以下为采访实录，有删节) 曹宇：就整个电智化发展趋势，我想说一个数据。去年新能源乘用车整体渗透率已经超过了50%，首次 超过油车，整个新能源的快速发展，在电智化上已经迈出了很大一步。同时，在今年年初，我们可以看 到各大车厂在陆续发布智能辅助驾驶的一些战略规划，智能辅助驾驶也逐渐被越来越多的用户所青睐和 选择。所以，我相信电动化会进一步发展，同时智能化会作为里面重要的一个角色，让用户有更多的选 择。 《21世纪经济报道》(以下简称《21世纪》)：本届上海车展，宝骏展台有哪些亮点？ 曹宇：整个车展最大的亮点一定是看我们新产品。我们今天发布了宝骏享境2.5米大溜背的轿车，这也 是宝骏今年给大家带来的最新产品。此外，对于用户比较喜欢的宝骏悦也、宝骏悦也plus、宝骏云海等 系列车型，也做了一些小的更新。 除了看产品之外，还有很多其他亮点。今天，我们同步也公布了宝骏全球品牌代言人龚俊先生，以及为 大家精心准备了龚俊先生的系列周边。 另外，还有一些小的互动环节，希望可以传递宝骏品牌智能、愉悦、可靠的体验。我们还为大家准备了 智能机器人、裸眼3D体验、Cosplay秀，以及整体技术实力的展示。 《21世纪》：您如何看待目 ...

点 击 蓝 字 关 注 我 们 国内新闻 1.十部门:2035年纯电动汽车成为新销售车辆主流 国外新闻 商用车 本文全文共 4547 字，阅读全文约需 15 分钟 目录 1. 比亚迪获2025年一季度新能源客车出口销量冠军 2. 江淮新能源ES9登陆大湾区 3. 长征氢能重卡亮相GWM全球经销商大会 4. 远程新能源商用车与九识智能达成战略合作 十部门:2035年纯电动汽车成为新销售车辆主流 时间:2025.4.28 来源:财经网 作者: 贾子健 国内新闻 1 2.深圳以旧换新带动汽车销售金额97.7亿元 3.全面聚焦新能源四驱技术研发 未来哈弗新能源只做四驱 4.小鹏智能辅助驾驶安心服务正式上线 5.宝马中国宣布接入DeepSeek 6.奇瑞将在欧洲推出Lepas品牌 7.零跑将向一汽红旗提供电动车平台 8.华为联合11家车企发布智能辅助驾驶安全倡议 1.美国2月纯电动汽车注册量同比增14% 2.特斯拉6月在美国将推自动驾驶出租车 3.丰田3月全球销量同比增长11% 4.奥托立夫与电动方程式合作 提升汽车安全 近日，交通运输部等十部门发布关于推动交通运输与能源融合发展的指导意见。其中指出，到2035年， 推 ...

Core Viewpoint - The autonomous driving industry is at a critical juncture, with companies like Pony.ai firmly committed to the L4 route, distinguishing themselves from the increasingly competitive L2 market [6][8][9]. Group 1: Company Strategy and Development - Pony.ai was founded in 2016, choosing a leapfrog approach to L4 autonomous driving, contrasting with the gradual L2 upgrades pursued by others [6]. - The company faced significant challenges during the capital winter around 2020, leading to considerations of shifting focus to L2++ driving [4][5]. - After going public on NASDAQ, Pony.ai is now focused on scaling its operations and achieving mass production of its autonomous vehicles [6][10]. Group 2: Market Position and Competition - The L2 market is described as a "red ocean," indicating fierce competition, while L4 is seen as a "blue ocean" with greater potential for growth [8][9]. - Pony.ai's L4 strategy is based on a different set of goals compared to L2, necessitating distinct technological and cost requirements [9][17]. - The company has successfully reduced the cost of its seventh-generation Robotaxi by 70% compared to the previous generation, enhancing its competitive edge [6][29]. Group 3: Regulatory and Public Trust - Regulatory support is emerging in major cities like Beijing and Shanghai, which is crucial for the acceptance of autonomous vehicles [10][11]. - Building public trust is essential, with a focus on maintaining a lower accident rate than human drivers to alleviate regulatory concerns [11][43]. Group 4: Future Goals and Challenges - Pony.ai aims to establish a "supply-demand network" to enhance user experience and reduce wait times for rides, which is vital for commercial viability [12][46]. - The company targets a fleet of over 1,000 operational vehicles by the end of this year or early next year [44]. - Achieving operational profitability and scaling to tens of thousands of vehicles is projected to take at least 15 years [48]. Group 5: Technological and Operational Insights - The company emphasizes the importance of a systematic approach to optimize both technology and cost for L4 deployment [35][47]. - Pony.ai's operational strategy includes leveraging experiences from both the taxi and ride-hailing sectors to enhance its autonomous vehicle fleet management [49]. - The company is also exploring international markets, including partnerships in South Korea and the UAE, to expand its autonomous driving technology [52].

近日，在沈海高速平苍段外笼山隧道内，两辆小车发生追尾事故后就这样停在了隧道快车道内，车上人员下车查看车损情况。由于当时隧道慢车道正在施 工，事故车滞留在快车道后，直接阻断了路面通行，后方来车只能从施工区域绕行通过，导致道路出现缓行。直到十分钟后高速公路执勤人员赶到现场，两 辆事故车才驶离，其间两车驾驶人也没有报警。在后续事故调查中高速交警发现，两辆车只是轻微受损，完全不影响行驶，后车驾驶人李某表示，当时也跟 前车驾驶入吴某交涉先将车辆撤离主线，不要影响其他车辆通行，但是吴某却在纠结车辆赔偿问题，迟迟不肯驶离。 最终，吴某因发生交通事故后应当自行撤离现场而未撤离，造成交通堵塞的违法行为被处以罚款两百元不计分的处罚。 假期期间，景区周边道路交通安全风险也比较突出，热点景区、网红打卡点、商圈井喷过载，停车困难，人车混杂，发生刮擦、追尾事故概率大。此外，由 于假期高速公路流量激增，促使部分物流运输转向普通国省干道，恰逢假期期间返乡人员出行增加，务工务农活动集中，农村地区交通环境更加复杂。 公安部提示广大驾驶人，自驾出行要提前关注天气预报、路况信息，合理规划出行时间和路线，尽量避开出行高峰和恶劣天气。乘坐客运车辆出行， ...