Iran war to accelerate China's shift to electric trucks from diesel

China's heavy truck fleet is expected to accelerate its shift to electric trucks due to the jump in diesel prices triggered by the Iran war. Electric heavy truck sales have grown significantly, accounting for nearly a third of new heavy truck purchases in 2025, and are expected to continue growing with the same kind of pop this year. The war has driven up domestic fuel prices in China, accelerating the replacement of traditional trucks with electric ones.