Reference News Network, August 27 report - According to the "Nikkei Business Daily" on August 26, engineering vehicles, including electric trucks, are rapidly developing in China. The decline in the price of power batteries for vehicles and the introduction of subsidy policies are narrowing the price gap between electric vehicles and fuel vehicles. In the future, the expansion of charging facilities and the reduction in charging time are expected to bring more benefits.

On the 22nd, XCMG Group's XCMG Automotive Manufacturing Co., Ltd. delivered 200 large electric trucks to customers in Sichuan. In recent years, driven by environmental protection demands, the sales of large electric trucks from this company have continued to grow.

The report stated that Sanxi Group's Sanxi Heavy Duty Trucks also performed outstandingly. The company announced that it has developed a chassis specifically designed for large electric trucks. Traditionally, electric vehicles usually use chassis from fuel vehicles, but Sanxi Heavy Duty Trucks has developed a chassis specifically for electric vehicles. By reducing the weight of the chassis, its energy consumption has been reduced.

The report pointed out that from January to June this year, the sales of large new energy trucks in the Chinese market have already exceeded the level of the entire year of 2024. The main reasons for the rapid growth in sales are as follows.

First, the price gap between electric vehicles and fuel vehicles is narrowing. With the growth in demand, the price of power batteries for vehicles has dropped by 40%, which has made the overall vehicle price lower compared to before.

Second, the Chinese government provides certain subsidies for purchasing new energy vehicles.

The report stated that in China, passenger cars have always played a leading role in the popularization of new energy vehicles. Currently, new energy vehicles in engineering vehicles are expected to see an increase in sales.

Zeng Yuzhong, chairman of the battery manufacturer CATL, said: "The electrification of the large truck industry will bring explosive growth." (Translated by Liu Lin)

Photo taken on November 27, 2024, at a heavy-duty truck charging station in the Equipment Manufacturing Industrial Park in Luancheng District, Shijiazhuang City. (Xinhua News Agency)

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