China targets 40% market share for electric trucks

China has laid out a plan to promote the widespread adoption of heavy-duty trucks powered by new energy sources, aiming for these vehicles to constitute 40% of the market by 2030, within a fleet exceeding 1.6 million vehicles. The plan includes the construction of around 3,000 charging and battery swapping stations, as well as the development of 30,000 kilometers of zero-emission charging corridors on highways to support the electrification transition in the heavy transportation sector. Additionally, it focuses on accelerating technological adoption through financial support and flexible purchasing models, with the goal of increasing the use of electric trucks in logistics, mining, and port industries.

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