Core Points - 51 Credit Card's subsidiary, Hangzhou Vala Network Technology Co., Ltd., won the prestigious "iF Gold Award" for its innovative product, the electric folding motorcycle "TinyCase," at the "iF Design Award Night 2025" in Berlin [1][2] - The "iF Design Award," established in 1953, is recognized as one of the most important and authoritative awards in the industrial design field, with the "iF Gold Award" representing the highest level of recognition for outstanding industrial design products [1] - The design of "TinyCase" allows it to be easily folded and stored in a car trunk, making it an ideal travel companion for users, reflecting the company's commitment to enhancing user experience in its automotive business [2] Company Strategy - The award highlights the company's cutting-edge design philosophy and its relentless pursuit of improving user experience within the Vala automotive business [2] - The company aims to continue innovating under the concept of "redefining automotive lifestyles," providing customers with technologically advanced smart products [2] - The recognition from the award is expected to positively impact the promotion and application of the Vala automotive business [2]

Group 1 - The core viewpoint of the news is the establishment of a global smart connected electric vehicle (EV) industrial base in Chongqing, aiming for an annual production of over 15 million smart connected EVs by 2027 [1][2] - Chongqing is accelerating the development of the electric vehicle industry, having formed a complete industrial chain from vehicle manufacturing to component supply, with a local supply rate exceeding 60% [2][3] - In the first quarter of this year, Chongqing's electric vehicle production reached 1.1 million units, showing a year-on-year growth rate of 46.7% [2] Group 2 - Chongqing is targeting both domestic and international markets, particularly focusing on regions with significant growth potential such as Asia, Africa, and Latin America [3] - The Two Rivers New Area is set to support the construction of smart manufacturing bases for leading vehicle companies and their suppliers, fostering a collaborative development pattern [3] - The area has a strong industrial foundation and is leveraging its automotive and electronic industries to facilitate technological sharing and integration with smart connected EVs [3] Group 3 - The establishment of a standard system for smart connected EVs is crucial for the industry's development, focusing on smart terminals, cloud services, and data management [4] - Key tasks for the standard system from 2025 to 2027 include developing group/enterprise standards for smart connected electric bicycles and motorcycles, and creating a data platform to align with export destination regulations [4] Group 4 - The introduction of the smart connected EV central control system (version 2.0) incorporates technologies such as AI, Beidou, and IoT, enhancing capabilities in battery safety, lithium battery recycling, and quality management [5] - Leading electric vehicle companies in Chongqing are showcasing their latest developments, including the establishment of innovation centers and lifecycle carbon management systems [6]

Investment Rating - The report maintains a "Recommended" investment rating for the electric vehicle industry, expecting the industry index to outperform the benchmark index by more than 5% in the next 3-6 months [56]. Core Insights - CATL has launched the "Xiaoyao Dual-Core Battery" to promote the transition to a "multi-core era" in power batteries, featuring innovative technologies such as "electric-electric range extension" [8]. - The electric power equipment and new energy sector saw a 3.1% increase this week, ranking third among all industry sectors, outperforming the CSI 300 index by 2.71 percentage points [10]. - The report highlights a stable pricing trend for battery raw materials, with lithium carbonate prices decreasing by 2.78% and other materials showing mixed price movements [30]. Summary by Sections 1. CATL Launch and Auto Show - CATL introduced the Xiaoyao Dual-Core Battery on April 21, featuring three types of dual-core batteries and two innovative technologies aimed at enhancing safety, resource efficiency, and performance [8]. 2. Market Performance Review - The electric power equipment and new energy sector increased by 3.1%, ranking third among 30 industry sectors, while the CSI 300 index rose by 0.38% [10]. - In the electric vehicle sector, 190 stocks were tracked, with 136 rising and 48 falling this week [14]. 3. New Energy Vehicle Industry Tracking - The report notes that China's lithium battery shipments reached 314 GWh in Q1 2025, a 55% year-on-year increase, with power and energy storage batteries growing by 41% and 120%, respectively [42]. - Key company announcements include CATL's share buyback and announcements from other companies regarding stock pledges and incentive plans [40]. 4. Price Trends of Raw Materials - The report details the price movements of key battery materials, with lithium carbonate at 70,000 CNY/ton, cobalt sulfate stable, and nickel sulfate prices holding steady [30].

数据统计显示，中证全球电动车指数近一个月下跌3.63%，近三个月上涨1.35%，年至今上涨0.55%。 金融界4月28日消息，上证指数低开震荡，中证全球电动车指数 (全球电动车，932155)报3673.25点。 从指数持仓来看，中证全球电动车指数十大权重分别为：宁德时代（13.21%）、比亚迪股份 （12.74%）、比亚迪（9.38%）、Tesla Motors Inc（8.88%）、小鹏汽车-W（8.5%）、理想汽车-W （7.59%）、赛力斯（6.33%）、Rivian Automotive Inc.（4.33%）、Lucid Group Inc（3.23%）、亿纬锂 能（3.02%）。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。权重因子随样本定期调整而调整，调整时间与指数样本定期调整实施时间相同。在下一个定期 调整日前，权重因子一般固定不变。特殊情况下将对指数进行临时调整。当样本退市时，将其从指数样 本中剔除。样本公司发生收购、合并、分拆等情形的处理，参照计算与维护细则处理。 据了解，中证全球电动车指数从全球市场中选取业务涉及电动车整车制造、 ...

在电动自行车领域，市民的参与热情高涨。在雅迪电动车门店，"家电以旧换新"的宣传横幅十分醒目。 雅迪电动车商户 康海英 阿克塞县电信营业厅客户经理 刘润梅： 自推行以旧换新政策以来，消费市场呈现出蓬勃发展的新态势。眼下，新一轮"以旧换新"国补政策全面铺开，全县掀起"换新"潮，有效激发了市民的消费 热情，为经济增长注入强劲动力。 随着甘肃省3C数码产品购新补贴政策正式上线实施。县内各数码产品经营店把"国补"专区作为促销活动的亮点，电信公司、移动公司分别推出一系列福 利促销活动，与"国补"政策叠加，吸引了众多消费者的目光。"以旧换新"拉动消费作用显著。 国家给予一次性500元定额补贴。客户提供旧车车架号、电池编码等给我们车行，我们车行开回收证明后进行补贴，最近客流量也比较大，消费者都冲着 补贴而来，更好地促进了我们电动车行业的销售。 记者走访了县域内各大家电、电动自行车消费市场，"以旧换新""享国家补贴"等活动开展得热火朝天，为进一步打好促进消费"组合拳"，各商户结合本地 市场需求，把更多产品纳入了补贴范围。 为了让更多市民了解并享受以旧换新政策，阿克塞县工信局等相关部门通过线上线下多种渠道进行宣传推广，同时简化补 ...

Investment Rating - The report maintains an "Accumulate" rating for the electric equipment industry [1] Core Views - The electric vehicle market is experiencing rapid iteration with significant new model releases at the Shanghai Auto Show, indicating a competitive landscape [4] - Tesla's humanoid robot production is set to reach thousands by the end of the year, with a long-term goal of 1 million units by 2030, showcasing the industry's growth potential [4][10] - The energy storage market is projected to see substantial growth, particularly in the U.S., with expectations of record-high installations in 2024 [4][9] Industry Trends - Electric Equipment Performance: The electric equipment sector has shown a 2.4% increase, outperforming the market, with notable gains in wind power (4.52%) and new energy vehicles (3.8%) [4] - Market Dynamics: The report highlights a competitive pricing environment in the electric vehicle sector, with a projected increase in electric vehicle penetration rates [5] - Storage Market Insights: The U.S. energy storage market is expected to double its installation capacity in 2025, driven by strong demand and favorable economic conditions [9] Company Performance - BYD reported Q1 2025 revenue of 170.36 billion, a year-on-year increase of 36.3% [4] - Sunshine Power's revenue for 2024 is projected at 77.86 billion, with a year-on-year growth of 7.8% [4] - CATL, a leading player in the battery sector, is highlighted for its strong production and profitability outlook [6] Investment Strategy - The report recommends several key companies in the electric equipment and energy storage sectors, including CATL, BYD, and Sunshine Power, citing their strong market positions and growth potential [6][8] - The humanoid robot sector is identified as a significant growth area, with recommendations for companies involved in key components such as actuators and sensors [10]

高额关税、政策变动，新能源普及的挑战不再是技术或者商业。 文 丨 李梓楠 制图 丨 黄帧昕 编辑 丨 黄俊杰 2023 年 5 月，世界是一副大病修复的模样。中国正在经历短暂的报复性消费，一度被疫情打断的中美 高级官员会晤和企业家互访逐渐恢复。特斯拉 CEO 马斯克在那个月底来到北京，被至少三位部长单 独接待。 特斯拉是中美合作的典范，上海工厂让特斯拉成为万亿美元科技巨头，也带动中国供应链做出电动车 的诸多工程最优解。当时最新展出的特斯拉人形机器人里，关键零件的供应名单上列着一批中国公 司。仅仅在两年前，即便相互之间存在诸多不信任，世界上最大的两个经济体依然在一些领域探索更 深入的合作。 在北京，马斯克还和当时的特斯拉二号人物，负责中国和北美业务的高级副总裁朱晓彤一起见了宁德 时代董事长曾毓群。宁德时代建议双方通过技术授权方式合作在美国建厂造电池。 当时，拜登政府补贴美国本土新能源产业的《通胀削减法案》刚开始生效，特斯拉从宁德时代进口的 电池享受不到政府补贴，每辆美国产标准续航版 Model 3 会少 3750 美元的补贴。 特斯拉和宁德时代找了一个灵活的合作方式。宁德时代不在美国工厂持有股份，而是取技术授权 ...

记者从州商务局获悉，截至4月15日，西双版纳州消费品"以旧换新"参与人数达10万余人次，拉动消费近2.5亿元，全州消费品"以旧换新"成效明显。 今年以来，西双版纳州采取有力措施，继续做好消费品以旧换新工作。不断优化组织机构，加强资金监管。延续消费品以旧换新工作专班并完善工作机 制，下设10个工作组，明确工作职责。建立"一周一统计，一月一调度，一季度一督导"工作机制，全力推进消费品以旧换新工作，争取更多上级补贴资 金，并加强资金安全风险防范。采取商家自查、银联复查，县市商务局随机入户走访、电话访谈消费者等方式，认真核实商户数据、交易行为。截至目 前，已完成两批补贴资金核查，累计涉及商家158户次，拨付金额618.06万元。 强化服务引导，畅通换新环节。逐步引导参加过或新参加的企业积极参加2025年度家电家装、手机数码产品、电动自行车"以旧换新"活动。县市商务局及 时接收企业报名相关材料、新增或修改商品名录，不断提高服务企业质量。开展政策解读、换购方式、废旧回收、资金兑补等堵点排查调研，畅通"以旧 换新"全链条。目前，手机数码已开通企业线上报名方式，正逐步优化程序步骤，努力实现"一网通办"，让企业少跑腿。截至目前 ...

以下文章来源于电子开发学习 ，作者电子开发学习 电子开发学习 . 每日定期推送电子设计相关的学习例程，包括原理图设计、Layout、软件设计等相关内容，也会不定期 推送各种电子、单片机相关软件的教程。 我是芯片超人花姐，入行20年，有50W+芯片行业粉丝。 有很多不方便公开发公众号的， 关于芯片买卖、 关于资源链接等， 我会分享在朋友圈 。 扫码加我本人微信 今天收到了粉丝寄来的一个九号电动车原装驱动器。由于这个原装驱动器持续电流只有 30A ，峰 值也只有 40A ，爬不动坡，所以被换下来了。这个电驱的型号是 ZWK048030A ，制造商是高 标。出厂日期是 2024 年 6 月的，算是比较新的了。 驱动器背面，铝合金型材壳体。 这个驱动器看起来做工不错，电源母线螺丝柱和电机 UVW 相线螺丝柱上面都有一个保护盖。 信号线接口防水做得也很不错。 两端的端盖也加了硅橡胶防水。 铝合金型材的横截面。 拆解比较简单，先把两边的端盖上的螺丝拆掉，轻轻撬一下，端盖就掉了。 上盖和铝合金型材底壳之间填充了黑胶进行防水，费了很大功夫才分离。 电路板和底壳之间也填充了大量的硅橡胶。 这是电路板的全貌。 最直观的一点就是母 ...

Core Viewpoint - The article highlights the significant changes in fund allocations across various sectors, with a notable increase in the allocation to Hong Kong stocks and a balanced market style driven by multiple types of funds. Group 1: Fund Holdings and Market Dynamics - As of Q1 2025, the market capitalization of various fund types is approximately 2.5-3 trillion, indicating a balanced market style not dominated by a single fund preference [3][26]. - The active equity funds have a market capitalization of 2.9 trillion, while foreign capital also holds 2.9 trillion, and insurance funds hold 2.4 trillion [3][26]. - The allocation to Hong Kong stocks has reached a historical high of 18.9%, with significant increases in the technology sector [4][41]. Group 2: Sector Allocation Changes - The technology sector saw a notable increase in allocation, with the electronics industry being the most significantly increased sector in Q1 2025, breaking previous trends of underperformance [8][53]. - The automotive, non-ferrous metals, and electronics sectors were the most increased in allocation, while power equipment, communication, and transportation sectors saw the largest reductions [54][56]. - The semiconductor and chemical pharmaceutical sectors also experienced significant increases in allocation, while communication equipment and photovoltaic sectors faced substantial reductions [57][60]. Group 3: Specific Company Increases - Major companies in Hong Kong that saw increased allocations include Alibaba, Tencent, and Xiaomi, particularly in the internet, innovative pharmaceuticals, and new consumption sectors [4][47][52]. - The top companies with increased allocations in Q1 2025 include Alibaba (2.04%), Tencent (4.15%), and Xiaomi (1.13%) [52]. Group 4: Investment Trends and Future Outlook - The article suggests a shift towards domestic computing and application chains in the technology sector, with a focus on AI and robotics, indicating long-term investment opportunities [14]. - The article also notes that sectors such as consumer goods, building materials, and retail are expected to see increased trading activity due to policy expectations [15][17]. - The export chain has maintained high positions despite a reduction in overall allocations, with specific sectors like motorcycles and pneumatic tools still attracting investment [18].