Description
The indicator is published by the China Association of Automobile Manufacturers (CAAM). This indicator measures the cumulative sales of new energy commercial vehicles, including electric, plug-in hybrid, and fuel cell vehicles. It is used to gauge the growth and adoption rate of new energy vehicles in the commercial segment, reflecting trends in the automotive industry and the effectiveness of government policies promoting clean energy. Higher values indicate stronger sales and adoption, which is positive for the industry and environmental goals.
The indicator is calculated by summing up the total sales of new energy commercial vehicles over a specific period. It includes sales data from various manufacturers and covers electric, plug-in hybrid, and fuel cell commercial vehicles.
The data is updated monthly, typically released in the middle of the following month, providing the accumulated sales figures up to that point.