Description
The indicator is reported by the China Association of Automobile Manufacturers (CAAM). This indicator tracks the monthly sales of new energy commercial vehicles, including electric, plug-in hybrid, and fuel cell vehicles. It serves as a measure of the adoption and growth of new energy vehicles within the commercial sector in China. Higher sales figures indicate a positive trend towards cleaner energy adoption and industry growth, while lower figures may suggest challenges or slow adoption rates.
The indicator is calculated based on the total number of new energy commercial vehicles sold within the month. The data is collected from automobile manufacturers and aggregated by CAAM.
The data is updated monthly and typically released in the middle of the following month.