美银证券举办第11届未来汽车大会，邀请10家公司及专家，探讨电气化、自动驾驶和物理AI如何重塑出行。核心观点：自动驾驶正从试点走向商业化部署，AI、仿真、算力进步及传感器成本下降正加速落地并改善经济性，通用化降低向新地域和场景扩展的成本；机器人正成为AI下一个关键应用层；车企凭借工程、制造和供应链优势进入机器人、数据中心、国防等相邻增长市场，竞争日益依赖合作伙伴关系而非单纯规模。专家Lukas Neckermann认为行业面临结构性调整与整合，需求增速放缓，资本获取与车队管理是成功关键，自动驾驶出行中车队运营等占收入逾40%，盈利或需十年以上。Schaeffler看好人形机器人成为第五增长支柱，目标2035年该事业部收入约35亿欧元，致动器占整机物料成本约50%。
BofA Securities hosted its 11th Future Car Conference with 10 companies and expert speakers to discuss how electrification, autonomy and Physical AI are reshaping mobility. Autonomous driving is moving from pilots to commercial deployments, with advances in AI, simulation, compute and falling sensor costs accelerating deployment and improving economics, while generalisation reduces the effort required to scale to new geographies and use cases. Robotics is emerging as the next key application layer for AI, and auto companies are leveraging manufacturing and supply chain expertise to enter adjacent growth markets such as robotics, data centres and defence. Remaining competitive increasingly requires partnerships in addition to scale. Expert Lukas Neckermann believes automotive faces structural adjustment and consolidation, with access to capital and fleet management, not technology alone, determining winners;