Come 2026, China is set to forge ahead with its initiative to phase out and replace aged commercial trucks, earmarking a substantial 22 billion yuan from ultra-long-term special treasury bond funds to bolster this endeavor. The primary emphasis will lie in fostering the transition to new-energy heavy-duty trucks, harnessing the power of the 'Two New' policies to invigorate consumption within the new-energy heavy-duty truck sector.
