当地时间7月14日，美国最高法院撤销了联邦法官的一项命令，并允许特朗普政府在教育部实施大规模裁 员。5月，美国一名联邦法官下令，要求特朗普政府恢复1300多名美国教育部员工的职位，阻止特朗普政府 推进教育部大规模裁员的计划。当地时间3月20日，美国总统特朗普签署行政命令，要求教育部长琳达·麦克 马洪采取一切必要措施，推动教育部的关闭，并将教育管理权力下放至各州。此举迅速在美国教育界中引 发强烈反对，不少高校学者警告，这将对美国教育体系造成深远影响，尤其冲击低收入和弱势学生群体。 1.美最高法院允许教育部大规模裁员 2.黄仁勋：将开始向中国市场销售H20芯片 据央视新闻，美国英伟达公司创始人兼首席执行官黄仁勋在接受总台央视记者采访时宣布两个重要进展： 一是美国已批准H20芯片销往中国，二是英伟达将推出RTXpro GPU。黄仁勋表示："美国政府已经批准了我 们的出口许可，我们可以开始发货了，所以我们将开始向中国市场销售H20。我非常期待能很快发货，对此 我非常高兴，这真是个非常好的消息。第二个消息是，我们还将发布一款名为RTX Pro的新显卡。这款显卡 非常重要，它是专为计算机图形、数字孪生和人工智能设计的。" ...

Group 1: Foton Motor's Performance - Foton Motor expects a significant increase in net profit for the first half of 2025, projected at 777 million yuan, representing a year-on-year growth of approximately 87.5% [1] - The growth is attributed to multiple factors, including a focus on commercial vehicles, strong overseas performance, innovative marketing models, and ongoing cost reduction efforts across the value chain [1] - This performance forecast reflects Foton's sustained competitiveness in the commercial vehicle sector and the effectiveness of its global market strategy, potentially enhancing investor confidence and positively impacting the entire commercial vehicle industry [1] Group 2: BMW and Momenta Collaboration - BMW announced a partnership with Momenta to develop a new generation of intelligent driving assistance systems tailored for the Chinese market, utilizing AI technology [2] - This collaboration aims to integrate BMW's philosophy with local technological advancements, supporting BMW's strategy of "in China, for China" [2] - The new intelligent driving system is expected to enhance BMW's technological capabilities and improve the competitiveness of its domestic models, influencing the automotive industry's shift towards smart and electronic solutions [2] Group 3: GAC Group's Strategic Shift - GAC Group's chairman acknowledged a previous misjudgment regarding the market for range-extended and plug-in hybrid vehicles, leading to a strategic pivot in their product lineup [3] - The company plans to introduce multiple range-extended and plug-in hybrid models starting this year, recognizing the persistent consumer anxiety regarding charging infrastructure [3] - This shift may reshape GAC's new energy product matrix and reinforce the industry's consensus on a dual development model of "pure electric + hybrid," attracting attention to the related technology supply chain [3] Group 4: Mercedes-Benz's Electric Vehicle Launch - Mercedes-Benz announced that its all-electric CLA model will be launched in the fall of this year, featuring a locally developed navigation assistance system tailored to Chinese driving conditions [4] - This move highlights the company's accelerated electrification strategy in China and its commitment to localizing technology solutions [4] - The introduction of the electric CLA, equipped with a system designed for local road conditions, is expected to enhance its competitiveness in the high-end electric vehicle market and boost interest in the smart driving technology supply chain [4]

作者 | 第一 财经 武子晔 7月15日，宝马宣布与中国科技企业Momenta合作，联合开发面向中国市场的新一代智能驾驶辅助 解决方案。据了解，双方将依托AI大模型，专注于中国特有的出行场景和用户需求，提供全面场景 覆盖和点到点的领航驾驶辅助功能，这套智能驾驶辅助系统将首搭于国产宝马新世代车型上。 汽车市场的竞争已经进入智能化，招商银行研究院称，智能驾驶正成为消费者购车的重要因素， 65%以上的用户使用高阶智驾的频次超2次/周。面临中国汽车市场变化，宝马等外资车企正加速智能 化和电动化布局，包括推出全新电子电气架构、与多家本土科技企业合作等。 Momenta是国内智能辅助驾驶解决方案的头部供应商，与奔驰、奥迪、丰田等车企均有战略合作。 助力城市NOA（Navigate on Autopilot，领航辅助驾驶）成功规模化量产上车的国内第三方智驾供 应商主要有5家，分别是Momenta、华为Hi模式、Bosch+WeRide、百度和元戎启行。佐思汽研数 据研究显示，在2023年1月至2024年10月期间，Momenta在城市NOA供应链市场占比达60%，华 为HI模式占比近30%，其他企业总共占比约10%。 20 ...

宝马宣布与中国科技企业Momenta合作，联合开发面向中国市场的新一代智能驾驶辅助解决方案。 7月15日，宝马宣布与中国科技企业Momenta合作，联合开发面向中国市场的新一代智能驾驶辅助解决 方案。据了解，双方将依托AI大模型，专注于中国特有的出行场景和用户需求，提供全面场景覆盖和 点到点的领航驾驶辅助功能，这套智能驾驶辅助系统将首搭于国产宝马新世代车型上。 汽车市场的竞争已经进入智能化，招商银行研究院称，智能驾驶正成为消费者购车的重要因素，65%以 上的用户使用高阶智驾的频次超2次/周。面临中国汽车市场变化，宝马等外资车企正加速智能化和电动 化布局，包括推出全新电子电气架构、与多家本土科技企业合作等。 Momenta是国内智能辅助驾驶解决方案的头部供应商，与奔驰、奥迪、丰田等车企均有战略合作。助力 城市NOA（Navigate on Autopilot，领航辅助驾驶）成功规模化量产上车的国内第三方智驾供应商主要 有5家，分别是Momenta、华为Hi模式、Bosch+WeRide、百度和元戎启行。佐思汽研数据研究显示，在 2023年1月至2024年10月期间，Momenta在城市NOA供应链市场占比达60 ...

核心观点： 智能驾驶：景气度加速向上，比亚迪率先实现媲美 L4 级智能泊车。 比亚迪率先实现媲美 L4 级智能泊车，官方承诺为安全兜底：比亚迪在智能泊车场景取得关键突破，在全球率先实现 媲美 L4 级的智能泊车，并承诺：在中国市场，比亚迪对所有天神之眼车辆用户在智能泊车场景下的安全及损失全面 兜底。 全球首个自动驾驶租车产品上线，神州租车携手 Apollo 重新定义"租车自由"：2025 年 7 月 8 日，神州租车与百度 Apollo 在北京联合宣布，正式推出全球首个面向公众的自动驾驶租车产品。神州租车自动驾驶租车服务是基于百度 Apollo L4 级自动驾驶平台打造，深度融合神州租车覆盖全国的租车网络与车队运营经验，是国内首个实现自动驾驶、 全流程自助的租车产品。 机器人：景气度保持稳健向上，供应链节奏波动不改下半年国产机器人今年中小批量量产趋势。 智元机器人：投资方面：7 月 8 日，上纬新材公告显示，智元机器人拟收购其不低于 63.62%的股份。交易完成后，智 元机器人及其管理团队将成为上纬新材控股股东，邓泰华将成为上市公司实际控制人，核心团队含稚晖君等成员。产 品方面：7 月 9 日，智元机器人、安 ...

在7月11日召开的2025中国汽车论坛上，广汽集团董事长、总经理冯兴亚在致辞中表示："当前，汽 车产业变革已踏进深水区，广汽集团已全面进入'战时状态'，全力打好'用户需求战、产品价值战、服务 体验战'这关乎未来的'三大战役'，助力再造新广汽。" 在他看来，无论行业的变局、还是广汽的变革，两者共同的底层逻辑都源于用户需求的快速演变。 冯兴亚说："一直以来，广汽在专注造车的同时，始终'坚守着自己的坚守'。我们一贯坚持安全底线， 比如整车开发周期必须经过两冬一夏的严格验证、高阶智驾必须采用双冗余设计等等，以求最大程度确 保品质和安全，满足用户的功能价值诉求。 在线上线下融合运营方面，除了线上24小时全天候在线的超级管家实现100%直连客户，广汽依托 广汽全国2000多家销售服务网点，加快建设"广汽综合销售服务中心"，打造"全方位、多层次、线上线 下融合"的新服务体系，实现93%的问题在2小时内解决；在软件领域，广汽今年已全面实施整车软件大 版本定期OTA分类升级体系，为用户带来常用常新的智能科技价值体验；在渠道领域，广汽将加速在低 线城市的渠道下沉，让服务更好触达各级城镇消费者。此外，广汽也将通过流程再造，重塑与客 ...

Core Viewpoint - BYD has taken a significant step by directly assuming responsibility for the safety and losses of all users of its "Tianshen Eye" vehicles in smart parking scenarios, marking a shift in how automakers handle liability in autonomous driving technology [1][3][5]. Summary by Sections Coverage and Implementation - The "coverage" includes all models equipped with the "Tianshen Eye A," "B," and "C" smart driving assistance systems, providing lifetime coverage regardless of whether the user is the first owner [4]. - Specific exclusions from the coverage include unauthorized modifications, improper use, operational errors, and incidents deemed to be third-party responsibility by authorities [4]. - Users must contact BYD within 24 hours of an incident, providing evidence such as photos and accident reports for the company's technical team to analyze and respond with a resolution [4]. Significance of the Initiative - This initiative clarifies the responsibility for Level 4 autonomous driving capabilities, with BYD taking on the role of the primary responsible party for users [5]. - The industry has typically seen automakers partner with insurance companies for liability coverage, but BYD's direct approach represents a notable departure from this norm [10]. Challenges Ahead - Despite the increased responsibility, BYD may face challenges such as managing the volume of potential incidents due to high sales, which exceeded 710,000 units in the first five months of the year [11]. - The company will need to ensure efficient execution of the "兜底" policy, including accurate and timely accident assessments and smooth compensation processes to avoid consumer dissatisfaction [11]. - There is also the potential for increased pressure on customer service due to the complexities of handling smart driving incidents directly [11]. Industry Implications - The move by BYD may prompt other automakers to adopt similar "兜底" policies, potentially setting a new trend in the industry [11]. - Regulatory scrutiny may increase regarding the compliance of such policies, and BYD will need to navigate these challenges effectively [11].

Domestic News - The Ministry of Industry and Information Technology (MIIT) has opened an online feedback window for small and medium-sized enterprises regarding the payment cycle commitments of key automotive companies, addressing issues such as payment delays beyond the agreed 60 days and unreasonable payment terms [3] - MIIT is soliciting opinions on the safety requirements for fuel cell electric vehicles as part of the revision of national standards, including four mandatory national standards [4][5] - Zeekr has launched a luxury hybrid architecture called Haohan-S, featuring a 900V high-voltage system and a 70-degree 6C hybrid battery with a pure electric range of 380 kilometers [6] - BYD has achieved L4-level intelligent parking capabilities and is providing full liability coverage for accidents caused by its "Heavenly Eye" intelligent driving assistance system during parking [7] - Avita Technology has signed a general agency agreement with Egypt's Kasrawy Group, marking its entry into the African market, with plans to expand into Europe by 2026 [8] - Chery Automobile plans to launch two new SUV models in the UK, optimizing them for the local market [9] - Honeycomb Energy has been designated for the smart battery project, supplying lithium iron phosphate short-blade batteries to both domestic and international markets [11] - NIO has completed its plan for 1,000 highway battery swap stations, connecting 550 cities across China [12] International News - The European Union is investing €852 million (approximately 7.16 billion yuan) to promote the development of electric vehicle batteries, as part of a broader initiative to transition to a competitive and resilient industrial base [13] - Pakistan aims to achieve a 30% penetration rate for electric vehicles in total car sales by 2030, as outlined in its National Electric Vehicle Policy [14] - Stellantis has launched a battery swap service for its Fiat 500 fleet in Madrid, in collaboration with Ample, providing a quick alternative to charging [15] - Waymo has introduced a new service allowing teenagers aged 14 to 17 to ride in its autonomous taxis, starting in Phoenix [16] Commercial Vehicles - Four departments in China are promoting the construction of high-power charging facilities for public transport, logistics, and heavy-duty freight [18] - Major online freight platforms have signed a self-regulatory convention to protect the rights of truck drivers, focusing on issues like timely payment and fair pricing [19] - Chongqing is drafting policies to support the development of intelligent connected new energy commercial vehicles, offering financial incentives up to 20 million yuan for compliant companies [20][21] - Qingling Motors has launched the Lingkun electric truck in Qingdao, targeting urban delivery needs [22]

Core Viewpoint - BYD has achieved a significant breakthrough in intelligent parking, claiming to be the first globally to realize L4-level intelligent parking capabilities [1] Group 1: Intelligent Parking Breakthrough - BYD's intelligent parking system is comparable to L4 level, allowing drivers to "let go, look away, and disengage" under specific conditions, with the company assuming liability for accidents [5][6] - The company has committed to fully covering safety and loss for all users of the "Tianshen Eye" vehicles in the intelligent parking scenario in the Chinese market [2][6] Group 2: User Safety and Liability - Users of the Tianshen Eye intelligent parking assistance will not need to go through insurance processes for accidents; they can directly contact BYD's after-sales service [6] - BYD will cover repair costs and third-party damages resulting from malfunctions or algorithm errors in the intelligent parking system, excluding certain conditions such as illegal actions by vehicle owners [6] Group 3: Technological Advancements - BYD plans to conduct the largest OTA upgrade for the Tianshen Eye system, enhancing over ten features across parking, driving, and safety [6] - The Tianshen Eye intelligent driving models have surpassed a total ownership of 1 million units [7] Group 4: Sales Performance - In June, BYD sold 382,600 vehicles, bringing the total sales for the first half of the year to 2.146 million vehicles [7]

Core Viewpoint - The relocation of FAW Toyota's sales company from Beijing to Tianjin is a strategic move aimed at enhancing its competitive advantage and adapting to the significant changes in the automotive industry, particularly in the context of electric and intelligent vehicle transformation [2][3]. Group 1: Strategic Reconfiguration - The move breaks down spatial barriers and creates a new decision-making ecosystem, allowing for direct market insights from the sales end to be integrated into the R&D and production processes [3]. - The relocation initiates a deeper localization strategy, launching the "China Solution" to cater to the unique demands of the Chinese automotive market, particularly in terms of electrification and intelligence [5]. - The organizational changes resulting from the move are reshaping the relationship between the company and its dealers, providing them with better market forecasts and inventory management [5]. Group 2: Product and Service Evolution - FAW Toyota has delivered nearly 12 million vehicles in China over 22 years, showcasing a significant evolution in its product offerings from economical models to high-end vehicles, reflecting the upgrading trajectory of consumer demand [8]. - The company has developed a competitive edge through a diverse range of hybrid technologies, avoiding the pitfalls of a purely electric approach while enhancing performance [8]. - In terms of service, FAW Toyota has established a strong competitive barrier through a comprehensive service philosophy and innovative lifecycle services, achieving high customer satisfaction ratings [10]. Group 3: Marketing and Sales Performance - In the first half of 2025, FAW Toyota sold 377,821 new vehicles, marking a 16% year-on-year increase, with electric models accounting for 49% of sales [11]. - The company has shifted from a price war to a value war, exemplified by the "Time Renewal Plan," which redefines the value proposition in the used car market [10]. - The "Time Renewal Plan" has been further enhanced with significant customer incentives, demonstrating the company's commitment to customer value throughout the vehicle ownership cycle [15]. Group 4: Future Outlook - Moving forward, FAW Toyota aims to maintain strategic focus on practical technology in electrification, scene-based innovation in intelligence, and lifecycle value in service upgrades to navigate the evolving Chinese automotive market [15].