00:00Electric trucks made up 50.3% of all heavy trucks sold in China in September.
00:05That is 33,100 electric big rigs in a single month, up 37% from a year earlier.
00:12Meanwhile, the overall heavy truck market shrank by 21%.
00:16China's diesel demand is on track to fall by about 230,000 barrels per day this year.
00:21Through the first nine months, China sold 226 tuned foreign electric heavy trucks, up 64%.
00:28In long-haul tractors, the September share hit 64.5%.
00:32Cost is the main reason.
00:34A study found battery electric trucks about 19% cheaper per ton-kilometer than diesel in good conditions.
00:42Battery swapping helps with charging time.
00:44With new packs swapping in about five minutes, trucks running on liquefied natural gas are losing ground to batteries.
00:51The battery maker CATL expects new energy trucks to be half of China's annual truck sales by 2028.
00:58Disclosure.
00:59This video contains stock footage and content created or enhanced using AI-assisted tools.
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