China Auto Sales in July: Sales up YoY, Inventory Down for 3rd Straight Month

Hyundai Motor: BHMC Turnaround Assumed in Current Consensus Earnings Estimates

China November Auto Demand: SAAR Weakens MoM but FY17 Demand Likely to Be up by 3-4%

Consumer Discretionary / Industrials

Henry Kwon

Equity Bottom-Up

<p>The Hyundai Elantra Yuedong Electric qualified for the Chinese government subsidies in February according to the latest list published by the Chinese government in February.  Although the Elantra Yuedong Electric had been released to market in July of 2017, the model had not qualified for government subsidies until now, 7 months after release.  </p><p>Hyundai-Kia will be using batteries made by Contemporary Amperex Technology (CATL) across all their NEV product offerings, going forward.  While the…</p>

The Hyundai Elantra Yuedong Electric qualified for the Chinese government subsidies in February according to the latest list published by the Chinese government in February.  Although the Elantra Yuedong Electric had been released to market in July of 2017, the model had not qualified for government subsidies until now, 7 months after release.  Hyundai-Kia will be using batteries made by Contemporary Amperex Technology (CATL) across all their NEV product offerings, going forward.  While the…

Contemporary Amperex Technology (CATL) (300750 CH)

Hyundai Motor Gets Chinese Government NEV Subsidy in February - More Signs of Normalizing in China