- Global sales of medium- and heavy-duty electric trucks reached a record 158,000 vehicles in the first half of 2026 – practically all battery-electric – growing 75% from the same period a year earlier.
- More than nine out of 10 electric trucks sold globally in the first half of 2026 were in China, supported by strong policies and an extensive battery supply chain. Continuous market growth has pushed electric trucks to about 20% of total truck sales.
- China remains by far the world’s largest market, but sales shares are even higher in Norway and Switzerland. Elsewhere in Europe, sales exceeded 10% of total truck volumes in Denmark, the Netherlands and Sweden. Electric trucks accounted for 5.5% of Europe’s total truck sales in the first half of 2026, as manufacturers launched new models and electric truck prices begin to fall.
- China's biggest oil refiner, Sinopec, said road fuel demand plummeted in the first half as consumers shied away from higher prices and shifted to electric vehicles.
- Sinopec's earnings report showed that gasoline consumption tell by 7.9% and diesel by 12%, and the company expects to maintain its current refining output level in the second half.
- Global sales of medium- and heavy-duty electric trucks reached a record 158,000 vehicles in the first half of 2026 – practically all battery-electric – growing 75% from the same period a year earlier.
- More than nine out of 10 electric trucks sold globally in the first half of 2026 were in China, supported by strong policies and an extensive battery supply chain. Continuous market growth has pushed electric trucks to about 20% of total truck sales.
- China remains by far the world’s largest market, but sales shares are even higher in Norway and Switzerland. Elsewhere in Europe, sales exceeded 10% of total truck volumes in Denmark, the Netherlands and Sweden. Electric trucks accounted for 5.5% of Europe’s total truck sales in the first half of 2026, as manufacturers launched new models and electric truck prices begin to fall.
Related:
Analysis: China’s CO2 emissions fall in Q2 2026 due to plummeting oil use - https://www.carbonbrief.org/analysis-chinas-co2-emissions-fa... - September 3rd, 2026
China's Top Refiner Saw Fuel Demand Plunge After Oil Spike - https://www.bloomberg.com/news/articles/2026-08-23/sinopec-f... - August 23rd, 2026
- China's biggest oil refiner, Sinopec, said road fuel demand plummeted in the first half as consumers shied away from higher prices and shifted to electric vehicles.
- Sinopec's earnings report showed that gasoline consumption tell by 7.9% and diesel by 12%, and the company expects to maintain its current refining output level in the second half.