Bullets:
Sales of electric tractor trucks are booming in China, and briefly hit 50% market penetration in 2025.
The cost advantages are apparent to buyers. They cost less than diesel-fuel trucks (in China), while offering huge cost savings in fuel and repair costs.
Mass adoption is held back, however, by the battery problem: the batteries in large trucks are very large and heavy, and the current generation of battery has a limited range, compared to cars.
CATL is tackling that issue, by introducing battery-swapping stations in hundreds of locations across China.
Battery swapping is the same model that Nio employed to be a top manufacturer of passenger electric vehicles. The technique is now common in China’s heavy truck and mining industries.
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Report:
Good morning.
China’s trucking industry hit a milestone last year, when in December over 45,000 heavy-duty electric trucks were sold. Analysts point out that a big part of that increase was future demand being pulled forward. In raw numbers though it means that market penetration for electric trucks went over 50%, and sales of large electric trucks nearly tripled year over year.
To buyers of electric trucks, the most obvious advantage is the cost of operation, compared to diesel-fuel powered vehicles. Over 10 years, the average savings just for fuel is $170,000. There are other savings over time, for maintenance and repairs of internal combustion engines and systems.
So against those savings, consider by comparison the cost of a new electric truck. This is an all-electric heavy-duty truck from a top factory in Hubei, for $65,000. So the fuel savings alone will pay for this truck in five years. The question is obvious, then, why doesn’t everybody buy them?
The spec sheet shows a range of 200km, or about 120 miles. The challenge here is to extend that range. On that front, the industry is introducing battery swapping stations for heavy trucks. CATL is the world’s top manufacturer for the batteries in electric cars—passenger cars—and they also build batteries for the heavy trucks, and are now building out these battery swap stations for heavy trucks.
This whole concept was pioneered by Nio, who is a leading manufacturer of electric cars, and their battery-swapping stations make it easy for their buyers to drive in, swap out the battery with a fresh one, then go. CATL here is doing the same for large trucks. Operators of these trucks can choose what packs go in, and CATL has built 300 of these stations across 13 regions in China.
The battery-swapping technology and the rollout of those stations for the buyers of China’s electric trucks is a major competitive advantage for Chinese companies in this industry. Daimler and Volvo also build electric trucks; this is Volvo’s all-electric model:
The batteries are large, and heavy. Battery packs are over a thousand pounds each, and the truck needs six of those, so the batteries alone add over three tons to the weight of the vehicle. So for the buyers of these trucks, it’s difficult to realize those cost savings over diesel fuel because of the long charging time, and the limited range of the batteries. But charging stations that allow for fast battery swaps address that problem.
China is way past the trial versions for heavy electric trucks. They are already in use in Chinese mining companies, and are driverless besides. Those trucks carry 85 tons, and those operations already deploy battery swapping for their vehicles. It’s even a solar-powered system.
CATL understands that it’s the battery swapping that will make this whole new industry go, and it will grow only as fast as they can roll out new battery swapping stations. CATL wants to do the same to electrify the trucking industry that they already are doing in passenger vehicles, and forecasts that electric trucks can be half the market in three years.
Be Good.
Resources and links:
Battery packs for heavy-duty electric vehicles
https://www.volvogroup.com/en/news-and-media/news/2022/may/battery-packs-for-electric-vehicles.html
CATL launches standardized battery swap pack for heavy trucks
https://cnevpost.com/2025/05/19/catl-launches-standardized-battery-swap-pack-heavy-trucks/
Demand frontloading propels China’s new energy heavy-duty truck penetration past 50% for 1st time
https://cnevpost.com/2026/01/22/china-new-energy-heavy-duty-truck-penetration-50-1st-time/
Nio and BYD want to sell EV’s without a battery, to take on Tesla and gas-powered cars.
China One-Ups The World With The First Driverless Electric Mining Trucks
https://insideevs.com/news/760026/autonomous-electric-mining-truck-fleet-china/
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