中国汽车制造商 2026 展望：5 大积极因素、5 大风险及 5 只推荐买入个股-China Auto Manufacturers 2026 Outlook 5 Positives 5 Negatives and 5 Stocks to Buy
2026-01-30 03:14
Vi e w p o i n t | 29 Jan 2026 03:00:42 ET │ 32 pages China Auto Manufacturers 2026 Outlook: 5 Positives, 5 Negatives, and 5 Stocks to Buy CITI'S TAKE We foresee 5 positives and 5 negatives for the China auto sector in 2026. Positives: 1) Surging LiDAR/ADAS/Robotaxi penetrations; 2) Export growth at 19% YoY where NEV at 49% YoY; 3) Commercial vehicles demand in sweet spot; 4) PV price-cut-norm should come to an end; 5) Gradual EV mkt shr concentration & utilization rate improvements. Negatives: 1) Cost infl ...