The wildest thing is that this exponential explosion is still a drop in the bucket > There are roughly 350 to 400 million trucks worldwide, encompassing everything from heavy-duty semi-trucks to medium-duty and commercial vehicles. Chinese electric trucks have added 0.1% in 2025
Try to find China’s share of global electric truck sales in this chart
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3 more doublings, and they'll be adding 1%… Except continued 100% CAGR is implausible… Still, I estimate it'd take maybe 12 years at this rate to electrify trucking > 60%, as cheaper new batteries drop the costs and add pressure on ICE.
The wildest thing is that this exponential explosion is still a drop in the bucket > There are roughly 350 to 400 million trucks worldwide, encompassing everything from heavy-duty semi-trucks to medium-duty and commercial vehicles. Chinese electric trucks have added 0.1% in 2025