China Dominates in Adopting Long-Haul Electric Trucks
China's dominance of the global passenger electric vehicle market is also extending to long-haul electric trucks. In addition to being the largest producer and market for passenger battery electric vehicles (BEVs), China has surpassed both the U.S. and Europe in the adoption of electric trucks. With the Trump administration recently cutting federal electric vehicle subsidies and halting the deployment of public chargers using federal funds, the U.S. risks being left far behind Beijing. In nearly two decades since the first mass market BEV hit the market, passenger EVs have become the default form factor for electric mobility. Most automakers have…