汽车行业周报：上海发放Robotaxi运营牌照，关注产业链增量机会

请认真阅读文后免责条款汽车华龙证券研究所投资评级：推荐（维持）最近一年走势分析师：杨阳执业证书编号：S0230523110001邮箱：yangy@hlzq.com联系人：李浩洋执业证书编号：S0230124020003邮箱：lihy@hlzq.com相关阅读《汽车“反内卷”政策有望逐步落地推进—汽车行业周报》2025.07.21《整合与出海并行，智驾与机器人齐飞—汽 车 行 业2025年 中 期 策 略 报 告 》2025.07.06《以旧换新资金分批下达，持续支撑乘用车市场销量增长—汽车行业周报》2025.06.23 摘要：驾驶零部件供应商。 贝斯特，隆盛科技等；（3）商用车建议关注客车&重卡龙头宇通客车，中国重汽，潍柴动力等。风险提示：宏观经济波动风险；相关政策不及预期；原材料价格波动风险；地缘政治风险；重点车型销量不及预期；智能驾驶进展不及预期；第三方数据误差风险；重点关注公司业绩不及预期。EPS（元）PE投资评级股价（元）2024A2025E2026E2027E2024A2025E2026E2027E13.8418.4022.4726.6624.418.415.012.7买入1.481.762.082.3715.312.910.99.6买入0.740.811.041.2717.516.012.510.2买入1.631.461.792.1911.913.410.98.9未评级3.946.408.219.8832.820.215.713.1未评级3.794.696.698.3030.824.917.514.1未评级-3.06-0.721.283.29--58.622.9未评级3.614.836.127.6528.921.617.113.7未评级1.912.493.163.9128.221.617.113.8未评级1.241.712.232.8124.818.013.811.0买入0.681.091.331.5526.916.813.811.9未评级1.992.523.194.0725.119.815.712.3增持1.432.383.193.9228.216.912.610.2未评级-1.11-0.440.190.93--174.235.7未评级1.782.092.593.1526.522.618.215.0未评级1.211.491.792.1228.723.219.316.4未评级0.941.291.621.9431.823.118.415.4增持0.210.330.480.82192.2122.984.949.5未评级0.580.831.031.0344.330.824.824.9买入0.971.421.761.9038.726.521.419.8买入1.862.112.442.7813.712.110.49.2未评级1.261.501.772.0615.012.610.79.2未评级1.311.461.661.8212.010.79.48.6未评级数据来源：Wind，华龙证券研究所，港股公司股价单位为港币，其他货币单位均为人民币，贝斯特2027年EPS以及未评级标的盈利预测均来自Wind一致预期。 内容目录1本周观点...................................................................................................................................................12行业动态...................................................................................................................................................12.1行业要闻............................................................................................................................................12.2上市车型............................................................................................................................................22.3公司公告............................................................................................................................................33本周行情...................................................................................................................................................34数据跟踪...................................................................................................................................................54.1月度数据............................................................................................................................................54.2周度数据..........................................................................................................................................145投资建议.................................................................................................................................................156风险提示.................................................................................................................................................15图目录图1：本周申万行业涨跌幅..................................................................................................................4图2：申万汽车子板块涨跌幅..............................................................................................................4图3：申万汽车板块PE（TTM）........................................................................................................5图4：申万汽车子板块PE（TTM）....................................................................................................5图5：我国汽车销量..............................................................................................................................6图6：我国汽车销量同比增速..............................................................................................................6图7：我国乘用车批发销量..................................................................................................................6图8：我国乘用车批发销量同比增速..................................................................................................6图9：我国乘用车零售销量..................................................................................................................6图10：我国乘用车零售销量同比增速................................................................................................6图11：我国新能源乘用车批发销量.....................................................................................................7图12：我国新能源乘用车零售销量....................................................................................................7图13：我国新能源乘用车批发销量同比增速....................................................................................8图14：我国新能源乘用车零售销量同比增速....................................................................................8图15：我国新能源乘用车批发渗透率................................................................................................8图16：我国新能源乘用车零售渗透率................................................................................................8图17：我国搭载L2.5及以上功能乘用车销量及渗透率...................................................................9图18：汽车