2026 Commercial ZEV Factbook: Zero-Emission Commercial Vehicles Building Momentum (Bloomberg)

Summary

• Global sales of low- and zero-emission trucks reached almost 158,000 units in 1H 2026, up 75% from a year earlier.p.10
• China accounted for more than nine out of 10 vehicles sold, as volumes jumped 78% to nearly 145,000.p.10
• Sales in Europe rose 50% to more than 11,200 units, while US sales fell 63% to a few hundred units.p.10
• Battery-electric trucks rose 79% to almost 157,000 units in 1H 2026, capturing more than 99% of the market.p.11
• Fuel-cell truck sales fell 55% year on year to around 530 units in 1H 2026, of which 507 units were sold in China.p.12
• Battery packs for commercial vehicles averaged $108 per kWh in China and $182 per kWh elsewhere.p.5
• Global medium- and heavy-duty truck sales rose 4% in 2025 to 4.2 million.p.8

Key insights

1. Electric trucks accounted for 17% of new truck sales in China and 4.7% in Europe in 2025.p.13
2. Electric trucks exceeded 26% of sales in Switzerland and reached 23% in Norway, 18.6% in Sweden and 18% in the Netherlands, against a European average of 5.5%.p.15
3. CATL had deployed more than 300 QIJI truck-swap stations by April 2026 and plans more than 900 nationwide.p.14
4. Megawatt charger projects cost more than $400 per kilowatt and up to close to $1,000 per kilowatt, against less than $90 per kilowatt for passenger car high-power chargers.p.28
5. As of June 2026, less than 2.5% of European truck stops are within one kilometer of a dedicated charging station with chargers of at least 350 kW.p.25
6. Chinese manufacturers account for over 61% of the market for heavier electric trucks in India.p.21
7. Global road transport emissions reached about 6.0 billion metric tons of carbon dioxide in 2025.p.7