Description
China's New Energy Vehicle (NEV) Production Volume for Commercial Vehicles is published by the China Association of Automobile Manufacturers (CAAM). This indicator measures the monthly production volume of new energy commercial vehicles, including electric, hybrid, and fuel cell vehicles. It is a critical benchmark for assessing the growth and development of the new energy vehicle sector in China. Higher production volumes typically indicate stronger industry growth and increased adoption of new energy technologies.
The production volume is calculated based on the total number of new energy commercial vehicles produced within a given month. This includes various types of commercial vehicles such as buses, trucks, and other commercial transport vehicles that utilize new energy sources.
The data is updated monthly, usually within the first two weeks of the following month, providing the production figures for the previous month.