The Rise of the 2023 New Energy Heavy Truck Market
CategoryNews Briefs
How significant is the economic value generated by heavy trucks? With fuel vehicles, the freight cost is 24,000 yuan, and the profit margin is only 1,000 yuan—in other words, almost all costs go toward fuel. Switch to electric vehicles, and electricity costs drop to just over 2,000 yuan, boosting profits by 10,000 to 20,000 yuan.
If this holds true, future industrial transportation may see a substantial decline in oil usage, further accelerating the shift to electrification.