Electric Heavy Trucks Surge in China: Driving a New Era

Soaring electric truck sales deal new blow to diesel use in China

The boom in electric truck sales in China follows that of electric cars and the rise in recent years of LNG-powered heavy trucks

Electric Truck Sales Surge in China

Sales of so-called new energy trucks in China jumped by 175% over the first half of the year from a year ago, driven higher by generous subsidies and fast expansion of the charging network, Reuters has reported, citing figures from a Chinese consultancy. Per the Sublime China Information figures, 76,100 new energy trucks were sold in the country between January and June, with electric trucks accounting for 90% of the annual sales increase. The r…

Electric Heavy Trucks Surge in China: Driving a New Era

Electric Heavy Trucks Surge in China: Driving a New Era Electric heavy trucks are revolutionizing the transportation sector in China, fueled by government subsidies and expanding charging infrastructure. Their rapid adoption is impacting diesel consumption and oil demand significantly.China's market for these trucks has grown tremendously, with sales rising by 175% year-on-year, as reported by Sublime China Information (SCI). This surge is surpr…

China: Electric trucks and LNG boom, diesel in crisis. Peak oil demand near? - Economic Scenarios

Sales of so-called new-energy commercial vehicles in China surged 175 percent in the first half of the year from a year ago, thanks to generous subsidies

India rolls out electric truck scheme with maximum incentive of Rs 9.6 lakh per vehicle

New Delhi: The Centre on Friday launched a groundbreaking scheme to provide financial incentives for electric trucks (e-trucks) under the PM E-DRIVE initiative, with the maximum incentive set at Rs 9.6 lakh per vehicle.  This marks the first time the government is extending direct support for electric trucks, aiming to accelerate the country’s transition to clean, efficient and sustainable freight mobility. The scheme is expected to support the …

Boom in Electric Truck Sales Cuts Demand for Diesel in China

Sales of heavy trucks that run on new energy are reported to have soared by 175% in the first half of this year