Description
The indicator is compiled and published by the China Association of Automobile Manufacturers (CAAM). This indicator tracks the monthly sales volume of pure electric vehicles, serving as a crucial gauge of the adoption and market penetration of electric vehicles in China. Higher sales numbers indicate a growing acceptance and demand for electric vehicles, which can be seen as a positive sign for the country's efforts to reduce carbon emissions and promote sustainable transportation.
The sales data for pure electric vehicles is collected from automobile manufacturers and dealerships across China. It includes the total number of pure electric vehicles sold within the month.
This data is updated monthly and typically released within the first two weeks of the following month.