Description
The indicator is published by the China Association of Automobile Manufacturers (CAAM). This indicator is used to gauge the production trends and growth in the new energy vehicle sector, which includes electric, plug-in hybrid, and hydrogen fuel cell vehicles. Higher accumulated production volumes indicate a robust development and adoption of new energy vehicles, contributing to environmental sustainability and technological advancement in the automotive industry.
The accumulated production volume is calculated by summing up the total number of new energy passenger cars produced over a specified period. This data includes all types of new energy vehicles such as battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hydrogen fuel cell vehicles (FCEVs).
The data is updated monthly, providing the cumulative production figures up to the end of the previous month.