China Targets 40% New-Energy Heavy Truck Sales by 2030

China has announced an ambitious plan to accelerate the decarbonization of its transportation sector by targeting new-energy heavy-duty trucks. The government aims for these vehicles to represent 40% of new heavy-truck sales by 2030. This initiative is a key component of China's broader strategy to reduce carbon emissions and combat severe air pollution.

By 2030, the country expects its fleet of new-energy heavy trucks to surpass 1.6 million, constituting approximately 20% of the total heavy-duty truck fleet. These vehicles are projected to handle 18% of highway freight volumes. To support this transition, China plans to establish 30,000 kilometers of zero-carbon freight corridors along major expressways and will support the development of around 3,000 charging and battery-swapping stations.

Specific regional targets are also in place, with key air pollution control areas like the Beijing-Tianjin-Hebei region and the Fenwei Plain aiming for an 80% electrification rate for fixed short-haul routes. The government will provide fiscal and financial backing, encouraging local authorities to utilize special-purpose bonds and green credit to fund vehicle purchases and infrastructure development.