Industries

11 Apr 2019  |  Asia Pacific  |  Market Research

Chinese Commercial Vehicle Market Opportunity Analysis, 2017–2025

Alternate Powertrain Truck Sales Including Natural Gas (NG) and Electric Vehicle (xEV) to Reach 925,000 Units in 2025

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Key Issues Addressed

China owns the largest automotive market globally. The Chinese commercial truck market is expected to experience a slight negative growth at a compound annual growth rate (CAGR) of 0.4% during 2017–2025. This is mainly due to High base effect of HD vehicles in 2017. The high sales was due to new replacement demand and anti-overloading policy On th...

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