TP’s Substack • 21 implied HN points • 31 Oct 24
- Electrifying heavy-duty trucks is important for reducing transportation emissions. The heavy trucking sector needs focus to make a real impact on climate change.
- China sells about 1 million heavy-duty trucks annually, needing a lot of battery power to support this demand. Costs remain high, making it hard for businesses to switch from diesel.
- New electric truck options are emerging and gaining popularity in the market. With better battery technology and charging infrastructure, more companies might start using electric trucks in the next few years.