China’s Electric Truck Revolution: Aiming for 50% Market Share by 2028

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The Rise of Electric Trucks in China

China has emerged as a global leader in electric vehicles (EVs), boasting one of the highest adoption rates of personal electric cars worldwide. But the revolution doesn’t stop there; the country is also spearheading the electric heavy-duty truck market. Last year, electric trucks accounted for 10% of all heavy-duty truck sales in China, and this trend is set to accelerate rapidly.

Chinas Electric Truck Revolution Aiming for 50 Market Share by 2028

Forecasting Industry Growth

Zeng Yuqun, the chief executive of the prominent Chinese battery manufacturer CATL, forecasts that the share of electric trucks will soar to 50% by 2028. Such a shift signifies a potential end to diesel dominance in heavy-duty commercial vehicles. With the growing appeal of natural gas and fuel cell electric vehicles in China, new policies are encouraging businesses to choose electric vehicles over traditional combustion engines.

Market Trends and Electric Truck Adoption

The International Council on Clean Transportation (ICCT) reports even more impressive figures: 13% of new trucks purchased last year were electric, climbing to 20.9% in December. Meanwhile, diesel truck sales saw a decrease from 70% in 2023 to 57% in 2024. Notably, 581 fuel cell electric trucks entered the market, gaining a modest 0.8% market share.

China’s advancements in charging technology play a pivotal role in this transition. With the emergence of 1 megawatt chargers, the time needed to recharge heavy-duty electric trucks is significantly reduced. Additionally, CATL is working on establishing battery-swapping networks, further facilitating the shift to electric trucks. As China continues to prioritize reducing carbon emissions—where commercial vehicles contribute 60%—the future of heavy-duty EVs looks promising.

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Mohammed Begum
48 St Omers Road HOCKLEY SS5 4HJ - 📩 Contact us: **admin@smartcarz.org**
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Mohammed Begum
48 St Omers Road HOCKLEY SS5 4HJ - 📩 Contact us: **admin@smartcarz.org**

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