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Aug 02, 2024 11:49 AM
CX DAILY

CX Daily: As Sales Surge, Electric Trucks Could Be Here for the Long Haul

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In Depth: As sales surge, electric trucks could be here for the long haul

Dirty, noisy and polluting, large trucks are rarely a welcome sight on the road. But on China’s roads, things are changing as fleets of quiet, sleek and low-emissions lorries begin to zip across the country, replacing their fossil-fueled counterparts.

China is by far the world’s largest market for electric trucks. Around 38,200 medium-sized and heavy electric trucks were sold there in 2023, according to the International Energy Agency. But takeup is growing from a low base in places like Europe and the U.S., too. As Chinese sales increased by 13% last year, global takeup grew 35% — and China’s global share dropped to 70% from 85%.

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