Summary

EV heavy trucks hit 50.3% market share in China for September, with sales up 34% from a year ago. Long-haul big rig market share hit 64.5%. China is on track to have over 40% EV market share for the entire year, reaching their 2030 goal in a matter of months. This is not the first time China’s heavy truck market share topped 50%, but that previous blip in December last year was prior to subsidies ending, followed by a dip in January.

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