@Hedgeye China's freight sector is undergoing rapid electrification, especially for heavy-duty trucks, which account for 17% to 19% of China's total crude oil imports.
@Hedgeye China's freight sector is undergoing rapid electrification, especially for heavy-duty trucks, which account for 17% to 19% of China's total crude oil imports.
@DerGraslutscher@Hedgeye Pure electric heavy trucks have a major advantage. When operating in mountainous mining areas, they can recover kinetic energy during downhill travel, while running empty on uphill routes. This delivers a far greater cost edge over diesel trucks than most people would expect.
@Hedgeye China's freight sector is undergoing rapid electrification, especially for heavy-duty trucks, which account for 17% to 19% of China's total crude oil imports.