Description
The indicator is published by the China Association of Automobile Manufacturers (CAAM). This indicator measures the cumulative sales of pure electric vehicles (EVs) in China. It serves as a key benchmark to gauge the adoption and growth of electric vehicles in the country, reflecting the progress in sustainable transportation and the effectiveness of government policies promoting new energy vehicles. Higher accumulated values indicate stronger market penetration and acceptance of EVs, while lower values may suggest slower adoption rates.
The accumulated value of pure electric vehicle sales is calculated by summing up the monthly sales figures of pure electric vehicles over a specified period, typically from the beginning of the year to the reporting month. The data includes all types of pure electric vehicles sold in the country, encompassing various manufacturers and models.
This data is updated monthly and is typically released by the China Association of Automobile Manufacturers (CAAM) within the first two weeks of the following month.