Zero-Emission Truck Real-World Performance in US And Europe And Implications For China
Zero-Emission Truck Real-World Performance in US And Europe And Implications For China
Pathways to to accelerate improve the financial feasibilityThe report delves into China's remarkable achievements in zero-emission vehicles (ZEVs), encompassing deployments, battery manufacturing capacity, and incentives. However, the zero-emission truck (ZET) market in China lags behind passenger vehicles and buses. This disparity is attributed to technical and economic hurdles specific to medium and heavy-duty (MHD) truck electrification, compounded by the unique characteristics of the Chinese truck industry. Nevertheless, the report proposes viable solutions: establishing ambitious national targets, implementing robust regulations, extending targeted incentives, investing in battery electric technologies, emphasizing zero-emission tailpipe solutions, and leveraging bus investments to accelerate ZET adoption.