China Auto Manufacturers_ Weekly EV_ICE Retail Sales Update (21-27 Oct, with 100% sector samples)

Flash | 31 Oct 2024 11:39:10 ET │ 10 pages China Auto Manufacturers Weekly EV/ICE Retail Sales Update (21-27 Oct, with 100% sector samples) CITI'S TAKE Weekly sales (NEV & ICE) beat: Weekly sales data suggests (21-27 Oct) full EV sector at 6% WoW (slightly ahead our forecast) with MTD MoM at 7%. If we assume 7% WoW momentum lasts until final week Oct, Oct full month EV sales should be 1.175mn units (6.3% MoM) and ahead consensus' 0-4% MoM expectation. Among different energy type, ICE MTD MoM at 10%, BEV at ...