1、2024?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?C O N T E N T S?1.1?务?1.2?1.3?务?01?2.1?2.2?2.3?2.4?02?3.1?3.2?3.3?3.4?03亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(3962
2、26)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()3u?20242024务?务?务?锐?撰?务?u?20242024务?务?2023?务?391.9?2027?2030?1802.7?2023?20?2022?够?务?1.0?X?Y?撰?2.0?3.0?务?EHB?务One?Box?EMB?2?3?务?+CDC?务?2026?XYZ?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226
3、)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?C O N T E N T S?1.1?务?1.2?1.3?务?01?2.1?2.2?2.3?2.4?02?3.1?3.2?3.3?3.4?03亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()5u?吉?2023?务?3009?务?吉?2027?务?3000?u?OTA?务?2020?36.9?2023?
4、583.9?2027?SEV?2896.9?研?1.1.1?务?2027?务?3000?20202020-20272027务?务?136.7352.1688.7949.51367.51905.42493.53098.32531.12627.52686.43009.43297.83595.63896.94213.510.9%157.6%95.6%37.9%44.0%39.3%30.9%24.3%20202021202220232024E2025E2026E2027E务?务?务?36.9133.3355.8583.9983.21531.22259.82896.9117.2%261.2%166.9%
5、64.1%68.4%55.7%47.6%28.2%20202021202220232024E2025E2026E2027E务?20202020-20272027务?务?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()6u?研?2024?研?务?务?u?务?研?1.1.2?2024?务?8295?4?Orin?X?1016TOPS?2024?5?AI?AI?360?N
6、ETA?6?OTA?L?2024?4?务?务?FSD?2025?20242024?20242024?底盘域智能座舱域智能驾驶域动力域车身域人工智能大数据云计算物联网?OTA?/?12.9%10.6%10.6%9.8%9.0%8.8%8.4%8.1%8.1%13.6%亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()7u?u?YXZ?姿?姿?姿?ABSAEB?研?研?研
7、?OMS?DMS?BCMPEUTCUBMC?.?研?研?导?研?1.2.1?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()8u?够?1.0?X?Y?撰?2.0?3.0?2.0?AI?u?2.0?务?2.0?AI?4D?3.0?2026?3.0?AI?研?1.2.2?2.0?3.0?AI?X?Y?One-box?Two-box?/?EPS?/?20202022202
8、02022?2023202520232025?20262026?+?X?Y?Z?One-box?EPS?X?Y?Z?AI?EMB?SBW?智能底盘1.0智能底盘2.0智能底盘3.0亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()9u?2023?务?391.9?2027?2030?1802.7?u 研?模?2023?20?2022?2024?研?1.3?111.011
9、8.2129.6143.3156.2169.7183.3196.8210.6224.3238.961.7114.0166.2213.8258.9268.312.736.465.599.2184.7255.5343.9438.2527.6685.7823.5104.9137.6169.0229.8264.7303.8355.7411.7472.134.820202021202211.7202322.72024E2025E2026E2027E19.22029E2030E142.9189.4300.0391.9532.7716.8905.81105.01307.71580.61802.72028E?
10、A?2024?3?3.8?C?2024?2?A+?2024?1?2?2024?1?Pre-A?2024?1?20202020-20302030务?务?20202020-20232023 务?务?20242024?)22675792020172018201920162021202220232020?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?C O N T E N T S
11、?1.1?务?1.2?1.3?务?01?2.1?2.2?2.3?2.4?02?3.1?3.2?3.3?3.4?03亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()11u?EHB?two?box?one?box?EMB?塑?Two?Box?One?Box+?塑?EMB+撰塑?u?EHB?务Two box?One box?EMB?模?告?EMB?塑?2026?2027?
12、研?2.1.1?EHB务One?Box?EMB?2?3?ABS/ESC?EHBM?One?Box?EMBECU?n?+?+EHB?+?+ABS/ESC+?+?n?ECU*2?*2n?n?n?1900-2000?n?+?+EHB?+?+ABS/ESC?+?+?n?ECU*1?*1n?n?Two?Box?n?1600-1700?n?+?+EMB+?n?ECU*1?*1n?n?模?导?n?30003000?4000?EHB?Two?Box?EHB?One?Box+?Two?BoxOne?BoxEMBEMB+?Two?boxTwo?boxOne?boxOne?boxEMBEMB亿欧智库-李叶(3962
13、26)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()12u?EPS?撰?L3?SBW?L3?SBW?Cybertruck?ET9?u?2022?2025?模?映?研?2.1.2?SBW?EPSEPS?SBWSBW?L2L2?L3L3?ECU?+?SBW)SBW)?ECU?+?EPS)EPS)?p?EPSEPS?98%?p?SBWSBW?Q50L/QX50/Q60?Cybertruck?够?20
14、24Q2?ModelS/X?务?ET9?RZ?Q Q5050L/QXL/QX5050/Q/Q6060?DAS?3?ECU?CybertruckCybertruck?50-60%?ET9?RZRZ?One Motion Grip?尼?务?L3L3?2022?1?GB?17675-2021?姿?2021?12?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()13u?研?
15、u?研?CDC?MRC?告?u?研?撰?AI?研?2.1.3?+CDC?F?+?+?+?+?l?/?/?/?l?+CDC?+MRC?nCDCCDC?尼?nMRCMRC?CDC?MRC?l?务?务?AI?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()14u?务?务?务?锐?告?的?撑?u?导?2.2.1?XYZ?务?务?n?研?研?n?告?-?姿?n?尼?n?告?的
16、?n?n?姿?研?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()15u?2.0?L3?EE?务?u?锐?务?务?+?告?务?2.2.2?2.0?2025?+?+?+?1.0?2.0?3.0?X-EEA3.0?C-DCU?+?Z-DCU?3?LEEA?3.0?+?+?+?ADAM2.0?+?+?+?+?GEEP4.0?+?+?+?CVC?ADAS?VCU?+?+?+
17、?VMD?/?/?1.0?2020-2022?+?+?2.0?2022-2025?+?3.0?2025-2030?Tier1?OEM?研?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()16u?务?映?研?OEM?千?尽?尽?尽?映?Tier0.5?u 2024?OEM?研?2.3.1?OEM?2024?20242024?VMCVMC?X?Y?Z?L6?HUAWEI
18、?DATS?HUAWEI?xMotion?S7?SkyRideSkyRide?够?2025?ET9?X X?U9?2024?G9?p?p 2021?6?封?矿?5?模?L4?p?p?p 2023?4?封?封?p 2024?2?p?p 2024?3?封?AI?AI?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()17u?研EHB?务One?Box?2020?尽?千?尽
19、?尽?One box?u?EMB?EHB?EMB?2.3.1?送EHB?EMB?IBS?2020?DHB?2022?EHB?2020?WCBS?1.0?2021?WCBS?2.0?2024?IEHB?2023?GIBC?2022?IHB?2023?iEHB?2023?/?姿?BSC?2021?EAI?2022?B?2025?EAD?2021?/?GIBS?模?2025?Two?BoxTwo?BoxEMBEMB?iBooster?1?2013?;?;?918spyder;?CR-V?iBooster?2?2017?;?E6;?ES8?ES6;?P7?G3;?ONEOne?BoxOne?BoxIP
20、B?2019?XT4?CT6;?Legend;?MK?Cx?MK?C1?2016?MK?C2?2022?:?e-tron;?X5?X7?EBB?2020?IBC?2018?)?Silverado?Tahoe?Suburban;?Escalade?吉MEB?2023?EMB?Nbooster+ESC?2020?NBC?2.0?2024?模?模?2024H4?2024?iDBC1.0?2024?iDBC2Rimac?Nevera?模?2026?研?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿
21、欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()18u?务?25?50?+CDC?u?S?Paramara?映?务?ET9?AI?80?确?GLE?AMG102.38-162.68w?+?XC9089.49w?+?iX74.69-100.99w?+CDC2023?xDrive50?M60?68.8-171.6w?+?50.08-76.38w?+?2023?ET742.8-50.6w?+CDC?L832.18-39.98w?+CDC?2023?Air?L730.18-37.98w?+CDC?2023?Air?09EM
22、-P28.99-36.29w?+CDCUltra?2024?2023?LS728.98-45.98w?+CDCUrban?Fit?Pro?Elite?Lux?FREE26.69w?+CDC2024?25.28-38.59w?+CDC2024?G926.39-35.99w?+CDC?S?146.8-682.8w?Paramara99.8-247.6w?U9168w?7?91.6-126.9w?A878.98-88.98w?ET980w?+AI?2025?确确2.3.1?务?研?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)
23、亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()19u?u?的?撰?L2+?L4?L4?L4?研?2.3.2?姿姿?/?/?3.5?1?1?2001000kg?2035km/h?2.57.5kW?10kW?n?EPS?CEPS?PEPS?n?EHBn?矿?矿?7m?13m/14m?4m?1449?1540km/h?80km/h?400500kW?n?EHPSn?矿?矿?1216?24?n?1032551704450mm?90?100?1520km/h8%?45km/h?/?500/8
24、00kW?/?300/400kW?/?240/480kWn?+?n?+?n?矿?矿?/?287011801645mm?820kg/?1400kg?20km/h?5kW?n?PEPSn?EHBn?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()20u?L4?撰?u?研?2.3.2?L4?X80X80X100X100X120X120?48V?60V?60V?2.5kW3
25、kW5kWEPS270W270W460W?Can?Can?Can?IDV?X80?X100?X120?封?务?IDV?矿?+?2020?2023?封?3.0?模?SLV?11SLV?11X3X3X3X3 PLUSPLUS?封?X3PLUS?3.0?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()21u?务?务?务?u?务?MRC?尽?CDC?撰?塑?EMB?L4?研
26、?2.4.1?干式EMB电子机械卡钳?9 9?2 2?1 1?7 7?务?务?务?务?务?去?务?务?务?务?n?务?CDC?n?Two-box?One-box?EMB?务?EMB?One-Box(iDBC1.0)Two-Box(iDBC2)?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()22u?,?u?尽?SBW?L4?模?SBW?L3?研?2.4.2?SBW?
27、姿?姿?模?L3?L3?2.5t?L2-L4?12V/24V/48V?L3?2000kg4000kg?n 产品:德科智控的SBW产品为应用于纯无人驾驶车辆的转向系统整体解决方案,包括P-SBW、DP-SBW、C-SBW等系列产品,适配于不同商用车车型n 设计:采用6相永磁同步电机作为执行机构,电源模块、通讯模块、MCU、传感器、MOS驱动模块全部采用冗余设计n 参数:角度分辨率0.1、角度控制精度0.5、角速度控制精度10/?s、响应时间?50ms、功能安全等级ASIL-?D、可以满足L4级自动驾驶的使用需求和安全性要求?P-SBW?DP-SBW?C-SBW?无人驾驶配送车无人驾驶清扫车无人驾
28、驶巡逻车无人驾驶公交车无人驾驶矿卡无人驾驶重卡场景产品技术亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?C O N T E N T S?1.1?务?1.2?1.3?务?01?2.1?2.2?2.3?2.4?02?3.1?3.2?3.3?3.4?03亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智
29、库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()24u?太?u?Robotaxi?务?务?3.1?务?20242024务?务?子系统供应商线控制动EHBEHBEMBEMB线控转向SBWSBW主动悬架域控制器线控换挡空气弹簧空气悬架系统?全主动悬架系统线控油门底盘集成商及主机厂底盘解决方案商乘用车主机厂商用车主机厂新势力品牌传统品牌应用端智慧矿山无人环保智慧港口干线物流末端配送自动驾驶卡车RobobusRobotaxi高阶智能驾驶封闭园区?研?亿欧智库-李叶(396226)亿欧智库-李叶(3
30、96226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()u?2018?映?2023?7?送?矿?u?2024?4?25?GB/T?43947-2024?3.2?模?252024?4?25?GB/T?43947-2024?2024?11?1?务?2023?T/CAAMTB?112?2023?GB/T?43947-2024?2023.7?送?矿?5?2022.12021?2021.3?够?2021-2025?2020.10?
31、够?2021-2025?V2X?3?2018.12?够?2021.11?够?2021.2?够?2021-2025?研?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()?够?V?封?封?26u?V?映?够?锐?u?Tier1?研?OTA?3.3?研?零部件设计&样车试制n?n?HIL?迭代迭代3?4?Tier1Tier1?Tier1?OEM?矿?封?OEM?封?矿?O
32、TA?Tier1OEM?+?+?+?+?2?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()27u?矿?u?锐?u?尽?太?Tier1/2?尽?3.4.1?研?Tier1?Tier2?Tier1?V2X?Tier1?V2X?n?务?n?务?Tier1/2?n?务?去?OEM?Tier1?Tier1/2?研?亿欧智库-李叶(396226)亿欧智库-李叶(396226)
33、亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()28u?2024?2026?u?MRC?EMB?务?务?MRC?EMB?3.4.2?MRC?EMB20212022202320242025202620272028及以后线控制动EHBEMB主动悬架半主动悬架全主动悬架线控转向SBWTwo box方案优先发展,具备自身冗余One box方案市占率持续提升,具备低成本、高能量回收等优势EMB有望在2026年实现行业内的量产空气悬架渗
34、透率显著增长,搭载车型价格区间不断下探随着技术成熟和成本下降,全主动悬架搭载率提升随着L3及以上智能驾驶应用,SBW产品搭载率提升智能底盘?确?确?MRC?MRC?MRC?MRC?的?姿?EMB?EMB?EHB?姿?EMB?2026?EMB?EHB?研?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()29u?2024?u?AIAI?u?u?撰?务?持续关注敬请期待n
35、 亿欧智库已发布智能电动汽车相关报告(部分)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()n?n?n?/eVTOL30?研?务?Link?n?n?n?n?n?n?n?n?n?n?n?n?n?n?n?n?V2G?尽?送?尽?送SEVSEV?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库
36、-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)?研?()?/?/?31?研?送?+?u?u?/?/?够/?u?/?/?够?u?u?u?够?Step1Step1?Step2Step2?Step3Step3?:?:?务?务?:?够?Step1?Step1?Step2?Step2?Step3Step3?C C?够?封?油?B B?/?封?封?亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)亿欧智库-李叶(396226)