More good news about the demise of the fossil fuel age. EV trucks are cheaper to run, so economics is primarily driving this. Though the Chinese government has provided subsidies too. The expansion of heavy-duty charging stations across China is another driver.

As electric trucks outpace both diesel and LNG trucks, China’s demand for diesel is shrinking. This is a significant shift given China is a major global diesel consumer. Chinese truck manufacturers are positioning themselves to export electric heavy trucks internationally, and aiming to influence global freight markets and accelerate adoption abroad.

China's diesel trucks are shifting to electric. That could change global LNG and diesel demand