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The hype on truck electrification and the China factor

There have been rising discussion and debate on the electrification of trucks, in particular heavy-duty trucks, ever since Tesla unveiled its Semi last year.

This was evident again at this year’s “Two Sessions” that ended yesterday, which had a number of executives in the heavy-duty vehicle sector proposing a wide variety of suggestions and measures to boost electrification efforts and policy measures in the heavy-duty commercial vehicle industry, especially trucks (see Auto execs seek regulatory support on buses, trucks and emissions regulations at “Two Sessions”). Several CEOs of major Chinese heavy-duty vehicle manufacturers also weighed in on the current status and future prospects of electric heavy-duty trucks (see Senior execs weigh in on future prospects of battery electric heavy-duty trucks).

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