Description
The indicator is published by the China Association of Automobile Manufacturers (CAAM). This indicator tracks the cumulative production volume of pure electric vehicles in China. It is used to gauge the growth and development of the new energy vehicle sector, which is a critical component of China's strategy to reduce carbon emissions and promote sustainable transportation. A higher accumulated value indicates robust production growth, while a lower value may signal challenges in the sector.
The indicator is calculated by summing the total production volume of pure electric vehicles over a specified period. The data is collected from automobile manufacturers and compiled to provide an aggregate figure.
This data is updated monthly, typically released within the first two weeks of the following month.