Description
China New Energy Vehicle Production Index is compiled and released by the National Bureau of Statistics of China. The index measures the monthly production of new energy vehicles, including electric vehicles (EV), plug-in hybrid vehicles (PHEV) and fuel cell vehicles (FCV). This is an important indicator for observing the development and growth of China's new energy vehicle industry and reflects the country's efforts in promoting green and sustainable transportation. Higher production generally indicates strong development in the new energy vehicle industry, while lower production may indicate challenges or slower growth in the industry.