政策分化加剧:2026中美欧新能源车发展战略定调及未来产业趋势

长城证券
Dec 26, 2025

美国调整企业平均燃油经济性(CAFE)标准,友好燃油车存续发展,背离前任政府多项新能源车支持政策。2025 年12 月3 日,美国白宫网站公告特朗普总统宣布重新调整企业平均燃油经济性(CAFE)标准。这一调整短期可能削弱新能源车及相关动力电池在美国市场的政策驱动优势,已推进或计划北美建厂的国际企业需同步优化产品矩阵,平衡燃油车与新能源车的本土化布局策略。欧盟重审2035 年碳中和目标实施标准,以...

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