Commercial Vehicle Market "Freezing Point" Reignited China International Commercial Vehicle Show Begins on Nov. 8

On July 13, 2023, "2023 Special Vehicle Export Path Industry Seminar" with the theme of "Creating a new pattern of diversified balance" was held in Taishan, Jiangmen City, Guangdong Province. As a component supplier with complete commercial vehicle wheel end assembly design, development and validation, and production capacity, Comac participated in this meeting and discussed with excellent colleagues in the industry, contributing to Comac's solutions to help industry enterprises develop in high quality and further enhance the influence of China's special-purpose vehicles in the international market.

Talking about the background of this exhibition, Wang Man, president of China Council for the Promotion of International Trade Automotive Industry Branch, said that since 2021, China's commercial vehicle production and sales have been declining continuously, especially last year, when they dropped to the "freezing point". In the first half of this year, China's commercial vehicle production and sales increased by 16.9% and 15.8% year-on-year, of which the export of commercial vehicles contributed more, indicating that the domestic market demand is still recovering. At the same time, with new energy, intelligence, Internet as the main content of the industry's scientific and technological innovation, product iteration of unprecedented activity, the export situation is encouraging, the industry's competitive landscape has changed significantly.


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