中信建投:汽车科技属性重估 把握行业结构性成长

和讯基金
Nov 17, 2025

智通财经APP获悉,中信建投发布研报称,当前市场对汽车明年刺激政策及产销总量预期较弱,汽车顺周期属性弱化,科技属性及新兴成长方向是核心主线。本周小鹏汽车-W(09868)及潍柴动力(02338)股价表现强势,其中小鹏上周科技日发布第二代VLA大模型、智驾(Robotaxi)、人形机器人Iron等提振市场预期,26年伴随特斯拉FSDV14、Robotaxi、Optimus等技术迭代定型及上市量产,...

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