Trade-in policy boosts new energy heavy trucks, widening gap with LNG rivals

Source: Mysteel May 14, 2026 09:40

China's heavy-duty truck market saw a robust recovery in April, but a newly introduced subsidy policy for battery-electric trucks is set to reshape the market landscape.

China's heavy-duty truck market saw a robust recovery in April, driven by seasonal demand and accelerated elimination of old vehicles. However, a newly introduced subsidy policy, which strongly favors battery-electric trucks over LNG-powered ones, is set to reshape the market landscape, leading to a clear divergence between the two