China Commercial Vehicle Industry Report, 2021-2026 with Focus on Trucks and Buses - ResearchAndMarkets.com
In recent years, driven by trucks, China's commercial vehicle market has grown rapidly.
- In recent years, driven by trucks, China's commercial vehicle market has grown rapidly.
- Despite the COVID-19 pandemic, China's commercial vehicle industry saw five consecutive years of growth in 2020, particularly heavy trucks, medium trucks and micro trucks all achieved double-digit growth.
- In 2020, China sold 1.6194 million heavy trucks, 159,000 medium trucks, 2.1978 million light trucks, and 708,400 minivans.
- China Commercial Vehicle Industry Report, 2021-2026 highlights the following:
Overall development of China bus industry (output, sales volume, ownership, etc.)