China's Electric Heavy Trucks: From 5.2% to 50.3% in Under Four Years! In 2022, electric heavy-duty trucks accounted for just 5.2% of China's new heavy-truck market. By September 2026, that figure had reportedly surged to 50.3%, an almost tenfold increase in market share in less than four years. This is particularly significant because heavy-duty trucks are among the largest consumers of diesel. A single truck can burn tens of thousands of litres annually, meaning electrifying commercial transport has enormous implications for oil demand. CATL has also just introduced a dual-battery electric truck system with a large swappable battery and smaller onboard reserve, allowing battery swaps in approximately five minutes. The technology is increasingly addressing the practical and economic barriers to electrifying heavy transport. And importantly, that's new vehicle market share, not the existing fleet. Millions of diesel trucks remain on China's roads, but as electric trucks take a growing share of new sales, the cumulative impact on diesel consumption will become increasingly significant. Commercial transport is driven primarily by economics. When electric trucks offer lower total operating costs, the incentive to abandon diesel becomes compelling. China isn't just electrifying passenger transport anymore. It's rapidly electrifying the vehicles that consume some of the most fuel at an unprecedented pace. Note: 2022 figure is a full-year measure, while September 2026 represents a single month. Source: CarNewsChina, 20 October 2026 carnewschina.com/2026/10/20/…