智通财经APP获悉，摩根士丹利于近日发布北美汽车及共享出行行业研究报告，核心基于第13届拉古纳 (Laguna)会议与企业、投资者的交流，涵盖行业趋势、9家重点企业动态等，针对企业盈利预警、关税 影响、自动化技术普及进度等发表最新观点。 其四，AI与自动化成行业共识，多家企业均表示，人工智能与自动化技术是提升生产效率、为客户创 造价值的关键驱动因素。其中两大亮点包括：Lear公司计划通过自动化与人工智能技术，结合产能调整 及车型更新，增强其在中国市场的竞争力;安飞士则将人工智能应用于定价算法、车辆检测与整备，以 及供需管理等环节。 企业动态方面，9家参会企业各有战略侧重。安飞士聚焦旅行需求挖掘与自动驾驶布局，计划拓展自动 驾驶汽车合作城市，强化财务状况并回购股票;Carmax以全渠道能力推动销售，调整库存应对消费者购 买力挑战，实施三支柱资本配置策略;Ford(F.US)Pro部门依托多元化客户群体推动增长，该业务通过软 件提升零部件服务吸引力，目标提升售后利润贡献，同时推进BlueCruise自动驾驶落地，关键绩效指标 (KPI)稳步达成; Group 1 Automotive(GPI.US)灵活配置资本， ...

Core Viewpoint - Korean battery companies are expanding their presence in the U.S. electric vehicle market, with SK On being selected as a battery supplier for the startup Slate, backed by Jeff Bezos [1][2][3]. Group 1: SK On and Slate Partnership - SK On will supply 20 GWh of batteries to Slate from 2026 to 2031, with a potential for increased supply as production scales up [2]. - The estimated value of the contract is approximately 4 trillion KRW (about 202.8 billion RMB), sufficient to power around 300,000 mid-sized electric vehicles [2]. Group 2: Slate's Background and Product Offering - Slate Auto, based in Michigan, aims to produce an electric pickup truck priced under $20,000 (approximately 146,000 RMB) and plans to start production next year [4]. - The company is developing an affordable two-seat electric pickup inspired by classic models like the Ford Model T and Volkswagen Beetle [4]. - Slate's vehicle can transform into a five-seat SUV and offers customization options with various accessories [5]. Group 3: U.S. Electric Vehicle Market Dynamics - The U.S. electric vehicle market is seeing a surge in startups like Slate, but Tesla remains the only company with significant market share [6]. - American electric vehicle companies heavily rely on battery supplies from South Korea and Japan due to the underdeveloped local battery industry [6][8]. Group 4: Competition and Market Share - Korean battery manufacturers, including LG Energy Solution and Samsung SDI, are also securing contracts with U.S. startups, indicating a trend of collaboration [8]. - In early 2025, global electric vehicle battery installations reached 129.9 GWh, with Chinese companies holding a 67.5% market share, while Korean companies' market share declined to 21.6% [11][12]. Group 5: Strategic Shifts in Korean Battery Companies - Korean battery firms are adapting by increasing their procurement from Chinese suppliers and shifting their focus to lithium iron phosphate batteries and different battery formats [12][13]. - The long-term outlook suggests that China will maintain its leadership in the global lithium battery industry, driving energy transition worldwide [14].

具体来说，2024 年第四季度，该部门的收入为 2.14 亿美元，较去年第三季度的 1 亿美元环比 增长 114%。 这一改善主要归功于去年 11 月中旬 宣布的 与大众汽车的合资企业。该协议的结构允许 Rivian 在未来 4 年内将其 IP 电动汽车架构和软件开发能力货币化，预计将确认约 20 亿美元收入。 作者 | Deep Value Investing 编译 | 华尔街大事件 Rivian( NASDAQ： RIVN ) 已成为少数受本周美国宣布对所有进口汽车和零部件征收 25% 关 税 影响较小的汽车制造商之一。 股价 自上周三以来有所回升，目前已达到公告前的水平。 尽管如此，这些关税将在一定程度上影响公司的毛利润，因为一些零部件可能来自美国以外的 二级和三级供应商。不过，管理层已经将这一因素纳入了2025 年全年交付和 EBITDA 指引 中。其他不利因素（也已计入公司 2025财年前景）包括监管信贷和 7,500 美元绿色汽车信贷的 不确定性。 由于这些不利因素已经反映在 2025 年的指引中，软件和服务领域的上行趋势可能会在公司于 2026 年下半年推出首批 R2 车型之前扭转投资者情绪。在 ...