核心观点行业整体策略:龙头引领生态升级,重视涨价、AI弹性宁德时代、隆基正在引领生态圈升级,未来半年可能是布局锂电、光伏优质龙头的关键期;六氟磷酸锂等环节有望涨价超预期;算力建设可能带来AI+新能源弹性超预期。新能源汽车产业链核心观点:中下游新周期已开启1、龙头公司引领商业模式升级,宁德时代等受益。1)宁德时代换电模式实现车电分离,适配16家车企车型,计划建设“八横十纵”换电网络。2)宁德时代宁家...
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