China Auto Manufacturers_ Weekly Data (100% sample) update + 4Q24 vs 1Q25 domestic & export comments
Audi·2024-11-10 16:41
07 Nov 2024 15:44:45 ET │ 12 pages China Auto Manufacturers Weekly Data (100% sample) update + 4Q24 vs 1Q25 domestic & export comments CITI'S TAKE We estimate full sample size (100%) weekly retail sales between 28-Oct to 3-Nov with the following findings: (1) Weekly NEV retails penetration for the period stabilized at 53.7%, up 7.5ppt MoM, although declined -1.5ppt WoW, which suggests Nov EV penetration may further surprised on the upside. (2) 1st week Nov BEV MoM recovered fast at 80%, followed by EREV's 5 ...