*** No, not a deer..., but a better "electric train"!! ***** Sales of heavy electric trucks are growing in China. It seems that China is preparing to drastically reduce the consumption of not only gasoline, but diesel as well. In September, 50.3% of all heavy trucks sold in China were electric, according to analytics website Electrique, which tracks, analyzes and publishes news on the transition from fossil fuel-powered vehicles to electric vehicles. That's 33,100 electric heavy trucks in one month, up 37% from last year, while the overall heavy truck market is down 21%. This demand for electric trucks is also reflected in oil consumption. Demand for diesel in China is expected to drop by about 230,000 barrels per year, with trucks powered by batteries and natural gas doing most of the work. In December 2025, that figure reached 53.9%, but that was a rush. Buyers were busy buying cars before trade-in subsidies expired and before new tax breaks, and market share fell to around 23% by March. Then the situation changed dramatically. In the first nine months of 2026, China sold 226,400 electric heavy vehicles, up 64% from the previous year and accounting for 38.1% of total sales. That's almost as much as all of 2025, and a quarter remains until the end of the year. As for tractors, heavy vehicles that tow trailers over long distances, their share reached 64.5% in September. Why are the Chinese fleets switching to electric vehicles? It's all a matter of cost. In most cases, owning and operating an electric heavy truck in China is cheaper than a diesel.

*** No, not a deer..., but a better "electric train"!! ***** Sales of heavy electric trucks are growing in China. It seems that China is preparing to drastically reduce the consumption of not only gasoline, but diesel as well. In September, 50.3% of all heavy trucks sold in China were electric, according to analytics website Electrique, which tracks, analyzes and publishes news on the transition from fossil fuel-powered vehicles to electric vehicles. That's 33,100 electric heavy trucks in one month, up 37% from last year, while the overall heavy truck market is down 21%. This demand for electric trucks is also reflected in oil consumption. Demand for diesel in China is expected to drop by about 230,000 barrels per year, with trucks powered by batteries and natural gas doing most of the work. In December 2025, that figure reached 53.9%, but that was a rush. Buyers were busy buying cars before trade-in subsidies expired and before new tax breaks, and market share fell to around 23% by March. Then the situation changed dramatically. In the first nine months of 2026, China sold 226,400 electric heavy vehicles, up 64% from the previous year and accounting for 38.1% of total sales. That's almost as much as all of 2025, and a quarter remains until the end of the year. As for tractors, heavy vehicles that tow trailers over long distances, their share reached 64.5% in September. Why are the Chinese fleets switching to electric vehicles? It's all a matter of cost. In most cases, owning and operating an electric heavy truck in China is cheaper than a diesel.