Burgeoning Freight and Logistics Demands to Fuel Recovery of China’s Commercial Truck Industry
Frost & Sullivan Manufacturing
MARCH 31, 2024
million units in 2021 to 2.4 Consider that FCEV sales in the light-duty truck segment rose from only three units in 2021 to over 660 units in 2022. Road transport is central to China’s freight and logistics services. Commercial truck sales in China plunged from 3.7 million units in 2022, reflecting a YoY decrease of 35.3%.
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