同时，双方还将在北京、广州、深圳、上海等城市扩大运营接入合作，拓展自动驾驶服务范围，覆盖包 括市中心、机场、火车站在内的多个高价值出行场景。 小马智行创始人兼CEO彭军表示："AI+出行"变革浪潮势不可挡，随着自动驾驶走向"从1到N"的成熟 期，自动驾驶出行产业合作机遇将持续涌现。"我们与阳光出行的战略合作旨在实现'1+1＞2'的商业共 赢，共同建设更高效、覆盖范围更广的出行网络，为自动驾驶技术融入主流出行服务奠定基础。" 11月24日，自动驾驶企业小马智行与出行服务平台阳光出行宣布达成战略合作，双方将围绕自动驾驶出 行开展全方位深度合作，共同打造规模化自动驾驶车队，推动自动驾驶出行服务在国内一线城市落地， 以"AI+出行"推动出行产业实现高质量发展。 此次战略伙伴关系的建立，是双方自2024年6月达成平台合作并开展自动驾驶出行运力接入以来的进一 步升级。双方计划在自动驾驶服务运营、调度派单系统建设、自动驾驶车辆运营管理等领域开展全方 位、多维度的技术及运营合作，为行业探索高效可行的业务模式。 根据协议，双方将基于小马智行第七代量产自动驾驶车型组建自动驾驶车队，首批车队将于今年落地， 为用户提供多元化、高品质 ...

Group 1: Market Opportunities - Southeast Asia, Africa, and the Middle East are identified as the most promising markets for Chinese companies in the next three years [1] - The construction and engineering sector shows the highest optimism for Southeast Asia, with 71% of respondents expressing positive outlooks [1] - Healthcare (67%) and information technology and software (65%) sectors also demonstrate strong interest in Southeast Asia [1] - Retail e-commerce (63%) is strategically focusing on the Latin American market, while energy and utilities companies are paying attention to the Middle East and Central Asia (approximately 30% each) [1] Group 2: Trade Statistics - Shenzhen's total import and export volume reached 3.74 trillion yuan in the first ten months, a slight decrease of 0.2% year-on-year, maintaining its position as the leading city in mainland China [2] - Imports amounted to 1.47 trillion yuan, reflecting a year-on-year increase of 6.8%, while exports totaled 2.27 trillion yuan, showing a decline of 4.3% [2] Group 3: Regulatory Changes - A new regulation from multiple Chinese departments will enhance management of second-hand vehicle exports, requiring additional documentation for vehicles registered less than 180 days before export starting January 1, 2026 [3] Group 4: E-commerce Developments - Germany will impose a 23% VAT on all cross-border e-commerce small packages from China starting November 24, 2025, eliminating the previous exemption for goods valued under 22 euros [4] - Pinduoduo's CEO acknowledged the uncertainties in global business operations due to changing regulatory policies across different countries [5] - Alibaba International Station launched an AI Mode to automate cross-border e-commerce procurement processes for global SMEs [6] - AliExpress Brazil set a record for single-day sales on November 11, surpassing competitors and achieving three times the sales compared to the August promotion [7] Group 5: Environmental Initiatives - Didi's Brazilian platform 99 has expanded its electric vehicle services to five major cities, with over 30,000 electric and hybrid vehicles registered, significantly reducing carbon emissions [11] Group 6: Financial Performance - Walmart reported third-quarter revenue of $179.5 billion, a year-on-year increase of 5.8%, driven by strong e-commerce growth in both the U.S. (28%) and international markets (26%) [12] - The company raised its full-year sales growth guidance to 4.8%-5.1% [12] Group 7: Logistics Expansion - Cainiao has launched a cross-border small package service to Africa, initially covering eight countries and planning to expand to South Africa and Egypt by the end of December [13]

加速自动驾驶技术量产应用 全球Robotaxi正迈入规模化商业落地的关键阶段，在今年的广州车展上，自动驾驶和Robotaxi的商业化成了 热点。 如祺出行在广州车展上隆重展出"Robotaxi+"，在聚焦Robotaxi运营和运维基础设施建设的同时，进一步覆 盖面向智驾产业链的数据解决方案，及面向千行百业的AI数据服务矩阵。 如祺出行相关负责人对记者表示，如祺"Robotaxi+"旨在发挥如祺出行自动驾驶"运营底座"优势，以低成 本、高质量数据驱动自动驾驶技术加速迭代和量产应用，形成"规模运营—获取数据—技术迭代—量产应 用"闭环，并以此为基础为不同行业AI数据应用提供支持，提升数据资产价值。 来源：上海证券报·中国证券网 上证报中国证券网讯（记者 周亮）11月21日，第二十三届广州国际汽车展览会（下称"广州车展"）开幕。 如祺出行以"Robotaxi+未来已成现在"为题，展示了公司围绕自动驾驶商业化布局的三大核心业务。 Robotaxi线上线下运营、智驾数据解决方案以及面向千行百业的AI数据服务矩阵，并首次完整呈现如祺出 行为加速自动驾驶量产应用而构建的，从出行服务运营到AI数据赋能的全链条能力。 记者获悉 ...

按照战略规划，未来5年，如祺出行Robotaxi运营将拓展至100个核心城市、与合作伙伴构建超万辆的 Robotaxi车队，同时在100个核心城市建成Robotaxi三级运维网络、可支撑每年10万辆Robotaxi线下运 维。 自2022年推出开放式自动驾驶运营科技平台、成为全球首个有人驾驶网约车与Robotaxi混合运营的出行 平台后，近三年来，如祺Robotaxi服务持续扩展。截至2025年9月，公司运营Robotaxi超300辆，服务覆 盖广州、深圳及横琴粤澳深度深度合作区，运营站点超过10000个。 当前，高质量数据正成为自动驾驶技术持续迭代的核心燃料。在今年的广州车展上，如祺出行首次公开 展示"如祺智驾数据采集车"方案。该方案基于量产车型快速改装，车辆可直接投入网约车服务，同时合 规采集道路环境与司机驾驶行为数据，实现"一边赚钱、一边产数"，显著降低数据获取成本，并覆盖海 量真实长尾场景，大幅提升智驾系统训练样本多样性。 2025年9月，如祺出行首批超300辆智驾数据采集车已在广州常态化运营。依托自研的数据标注平台，如 祺出行实现了原始采集数据高度自动化预标注，及跨场景迁移抗干扰能力，显著降低人力依 ...

Core Viewpoint - The company, Cao Cao Travel (02643), has entered into a marketing service framework agreement with Yiyi Internet, aimed at promoting battery swapping services in China from January 1, 2026, to December 31, 2028 [1] Group 1: Agreement Details - The agreement is set for a duration of three years, focusing on marketing services related to battery swapping operations [1] - The collaboration is expected to leverage the company's driver base and ecosystem resources to enhance the promotion and user adoption of battery swapping services in cities where the company operates [1] Group 2: Expected Outcomes - The partnership is anticipated to improve operational synergies and increase energy replenishment efficiency, thereby enhancing the value proposition for drivers [1] - It aims to strengthen user engagement with the company's travel services and support a broader electrification ecosystem [1] Group 3: Financial Terms - The pricing arrangements within the agreement reflect relevant costs and market practices, established under normal commercial terms [1]

美联储降息概率一跌再跌，目前12月维持利率概率逼近60%，美股突现跳水，黄金今早开盘也继续走 低。 周一（11月17日），欧美股市集体收跌，美股在本来一度翻红，但在尾盘突然集体下挫，最终，道指跌 超1%，标普500指数、纳指跌近1%。其中，道指、标普500指数连跌三日。 中概股方面，纳斯达克中国金龙指数跌1.21%，个股方面，阿特斯太阳能跌超15%，满帮集团跌近 12%，小鹏汽车跌超10%。 黄金在周一也再度下跌，今日早盘，现货黄金开盘微涨后跳水，而COMEX黄金也突然跳水，截至发稿 跌幅超0.6%。 美联储理事沃勒表示，他支持在12月的会议上再次降息，因为他越来越担心劳动力市场和就业急剧放 缓。 沃勒称："我并不担心通胀加速或通胀预期显著上升，我的重点是劳动力市场，在经历了几个月的疲软 之后，本周晚些时候公布的9月就业报告或未来几周的任何其他数据都不太可能改变我的观点，即再次 降息是有必要的"。 不过，由于多位美联储官员对12月降息持谨慎甚至反对态度，12月降息概率一跌再跌，维持利率不变的 概率目前已经接近60%。 据CME"美联储观察"的最新预测，美联储12月降息25个基点的概率为42.9%，维持利率不变 ...

今日，嘀嗒出行发布《2025嘀嗒顺风车通勤观察报告》，基于嘀嗒顺风车大数据和近万名嘀嗒顺风车用户调研，从顺风车通勤整体现状、顺风车市内通勤城 市特征、顺风车跨城通勤线路特征、顺风车通勤消费观四个维度，展现了顺风车通勤最新画面，以及顺风车市内及跨城通勤的效率、成本新趋势。 《报告》也在一定程度上反映出，全国早晚高峰道路整体通行效率的新变化，各地一小时通勤圈打造的新进展，以及出行理性消费的新面貌。 《报告》有七大新发现： 1.顺风车通勤效率连续三年提升，通勤成本连续三年下降。2025年，顺风车市内及跨城通勤时速分别40.2公里/小时和56公里/小时，相比2023年分别提升了 9.2%和14.5%，市内及跨城通勤平均费用分别为37.2元和100.3元，分别下降了10.4%和5.8%。 2.顺风车市内及跨城通勤，订单规模约为3：1。同时，顺风车市内通勤的20公里以上订单占近七成；顺风车跨城通勤90公里以上订单占近六成。多数通勤线 路为小区及办公地点之间往返，一站直达。 3.一线城市与新一线城市顺风车市内通勤效率整体接近：平均距离分别为32.2公里和36.5公里，平均时长分别为52.8分钟和52.1分钟，平均时速分别为 ...

近年来，顺风车成为越来越多上班族，尤其是中长距离上班族的重要通勤选择。那么，顺风车通勤效率 过去几年有无提升？一线和新一线的顺风车通勤效率有何差异？哪些城市顺风车用户上班赶早出发占比 更高？主要城市群顺风车跨城通勤现状如何？顺风车跨城通勤热门线路前十都有哪些？ 今日，嘀嗒出行发布《2025嘀嗒顺风车通勤观察报告》，基于嘀嗒顺风车大数据和近万名嘀嗒顺风车用 户调研，从顺风车通勤整体现状、顺风车市内通勤城市特征、顺风车跨城通勤线路特征、顺风车通勤消 费观四个维度，展现了顺风车通勤最新画面，以及顺风车市内及跨城通勤的效率、成本新趋势。 《报告》也在一定程度上反映出，全国早晚高峰道路整体通行效率的新变化，各地一小时通勤圈打造的 新进展，以及出行理性消费的新面貌。 《报告》有七大新发现： 顺风车通勤效率连续三年提升，通勤成本连续三年下降。2025年，顺风车市内及跨城通勤时速分别40.2 公里/小时和56公里/小时，相比2023年分别提升了9.2%和14.5%，市内及跨城通勤平均费用分别为37.2元 和100.3元，分别下降了10.4%和5.8%。顺风车市内及跨城通勤，订单规模约为3：1。同时，顺风车市内 通勤的20公里 ...

Group 1 - Didi has established a diverse transportation fleet, including ride-hailing, autonomous driving, buses, and two-wheeled vehicles, to support transportation services during the 15th National Games in Guangzhou [1] - Over 2,000 ride-hailing vehicles have been provided to facilitate quick transportation for citizens and visitors, with a focus on high-standard service during major sporting events [1] - Didi has formed two volunteer driver teams to assist with urban transportation services during the event [1] Group 2 - Didi's autonomous driving services will be available around key venues and media centers during the National Games, aligning with the "Tech National Games" concept [2] - More than 5,000 specially designed Didi Qingju bikes have been deployed along core routes and around venues to meet commuting and spectator transportation needs [2] - Didi has set up dedicated waiting areas at the Zhuhai Port and Shenzhen Bay Port to enhance inbound transportation efficiency and support the integrated transportation of the Guangdong-Hong Kong-Macau Greater Bay Area [2]

Core Viewpoint - Didi is actively enhancing transportation services in Guangzhou during the 15th National Games, providing a variety of travel options to ensure smooth transit for citizens and visitors [1][2][5]. Group 1: Transportation Services - Didi has assembled a fleet of over 2,000 ride-hailing vehicles to meet the increased demand for transportation during the National Games [2]. - The company has implemented intelligent dispatch capabilities to quickly respond to surges in passenger demand, particularly for popular events [2]. - Didi has launched bus routes connecting Guangzhou to Shenzhen and Hong Kong, facilitating convenient travel for users attending the events [4]. Group 2: Automated and Green Transportation - Didi is providing automated driving services at key venues during the National Games, promoting a "Tech National Games" concept [5]. - The automated driving service will operate from November 3 to December 15, with routes covering major thoroughfares in Tianhe and Yuexiu districts [5]. - Over 5,000 specially designed Didi bikes are deployed along core routes and around venues to assist with commuting and event attendance [7]. Group 3: Enhancing Visitor Experience - Didi has established dedicated waiting areas at the Hong Kong-Zhuhai-Macao Bridge and Shenzhen Bay for tourists, equipped with seating and information screens [9][10]. - The company is offering promotional discounts for rides during the event period, including a 30% discount for users in multiple cities and special offers for new users in Hong Kong [10].