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Electric trucks hit 50% of China’s heavy truck sales, diesel demand falls
Electric trucks hit 50.3% of China's heavy truck sales in September and are cutting diesel demand. Europe is at 2.5% and the US under 1%.
AI Summary
Electric trucks accounted for 50.3% of all heavy‑truck sales in China in September, representing 33,100 units and a 37% increase over the same month last year. The overall heavy‑truck market contracted by 21% during the same period. The surge in electric‑truck sales is reflected in oil data, indicating a decline in diesel demand.
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