Reposted by Mykomment
"The electrification of road freight is emerging as a structural force that could undermine long-term oil demand across the world."
China's goals are EVs to be 50% of truck sales and 20% of its truck fleet by 2030.
EVs may be 50% of truck sales in 2026.
www.bloomberg.com/news/feature... #energysky
bloomberg.com
China Has an 18-Wheel Answer to Soaring Global Diesel Prices
Around a third of trucks sold in China this year will run on electricity, furthering Beijing’s goal of bolstering energy security.