CATL Predicts Major Shift to Electric Trucks in China ...Middle East

Half of China’s truck sales are set to be electric vehicles by 2028, according to the top executive of Chinese battery giant CATL, which holds more than a third of the global EV battery market.  Trucks with CATL batteries could cut cost per ton-kilometer by 35% versus trucks running with internal combustion engine, CATL’s chairman and chief executive officer, Robin Zeng, told the Financial Times in an interview.  More than a dozen truck manufacturers in China are using a CATL standardized battery on about 30 electric truck…

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