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Breaking 1 of 5

Electric trucks hit 50% of China's heavy truck sales, diesel demand falls

Electric trucks made up 50.3% of all heavy trucks sold in China in September.

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What Happened 2 of 5

The Core Event

That’s 33,100 electric big rigs in a single month, up 37% from a year ago, while the overall heavy-truck market shrank by 21%.

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Key Facts

And it’s showing up in the oil data.

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Context & Significance

That’s 33,100 electric big rigs in a single month, up 37% from a year ago, while the overall heavy-truck market shrank by 21%.

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Outlook

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