China aims to have at least 1.6 million electric heavy-goods vehicles on its roads by 2030, with electric trucks making up 40% of new heavy-goods vehicle sales. This initiative is part of a broader strategy to decarbonize the transport sector, boost the domestic electric vehicle industry, and reduce logistics costs. Sales of new-energy heavy-goods vehicles in China have already seen significant growth, soaring by 182% last year and continuing with an 80% increase in the first half of the current year. AI
RANK_REASON Government policy driving large-scale adoption of a specific technology. [lever_c_demoted from significant: ic=1 ai=0.1]
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