ACT Research: China’s CV Truck Market Softening; Bus Markets Flat, Supported by Demand for New Energy Units Amid Environmental Concerns

While not impacting each commercial vehicle segment every year, structural changes within China’s CV market are expected to exert downward pressure through 2022, according to the most recent China Commercial Vehicle OUTLOOK, jointly published quarterly by ACT and China’s State Information Center (SIC). The OUTLOOK includes an overview of the China economy and a review [...]