Bernstein flags slow momentum risk for China auto market
Bernstein analysts say China’s auto market may keep slow momentum as government subsidies are reduced and EVs face a 5% purchase tax hike, after prior demand was pulled forward into 2024-2025.
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Bernstein analysts say China’s auto market may keep slow momentum as government subsidies are reduced and EVs face a 5% purchase tax hike, after prior demand was pulled forward into 2024-2025.