Half of China's heavy truck sales could be EVs by 2028, Chinese battery maker CATL says

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A booth for Chinese EV battery manufacturer CATL at the Beijing International Automotive Exhibition on Apr 25, 2024.

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The comments by Zeng Yuqun, made at a heavy-truck battery-swapping launch and reported by the Shanghai government-affiliated news site Jiemian, suggest further headwinds for fuel demand in the trucking sector, already hit by the rise of LNG trucks in China.

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Category: EconomyBusiness

Markets: SingaporeChina

Topics: Battery China Catl Trucks Shandong Industry 2024 Energy News Media Saturday

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-18 @ 13:54:20 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 285 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 28773675

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