china autonomous vehicles market growth (1)

The recently released report, "China Autonomous Vehicles Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2030," produced by Renub Research, includes extensive enterprise analysis and market percentage records. The competition, geographic distribution, and growth potential of the China Autonomous Vehicles Market are all examined in this study.

 

China Autonomous Vehicles Market is predicted to extend at a compound annual growth rate (CAGR) of 21.66% from 2023 to 2030

 

China's position as the world's biggest automobile market presents a big possibility for autonomous vehicle (AV) corporations amid expectations of persevered boom. Sales of passenger automobiles in China, estimated at 25.8 million through the China Association of Automobile Manufacturers (CAAM), replicate a persistent upward trend, with a further boom to 27.5 million by the end of 2022. This growth is propelled by factors inclusive of rising earning and urbanization. Furthermore, the Chinese a