China outsourcing forecasts on BET output while US stalls
Electric Truck Market 2025 to 2032: Electrification Acceleration, Fleet Economics and the Reshaping of Commercial Transport →Battery electric trucks reached about 8% of global truck production in 2025, with China accounting for 95% of volume and ramping 150% ahead of forecast, while Europe ramps slowly and the US market has stalled. Competition is shifting to battery systems, eDrive, and powertrain integration as ICE efficiency gains become incremental. BETs already beat diesel on total cost of ownership, putting European OEMs under pressure to defend their home market.
Severity: how big the impact would be if this plays out.
Likelihood: how probable the engine judges it is to happen or persist.
Spend exposed: the share of your annual category spend this flags.
Benchmark Chinese BET suppliers and charging ecosystem partners
Chinese scale advantage is accelerating and may reshape supplier options and pricing for fleets in Europe and elsewhere.
Validate charging infrastructure and depot grid access before any BET fleet commitments
The study identifies charging access and fleet confidence, not TCO, as the binding constraints on adoption.
Source · strategyand.pwc.com
The global race for truck electrification Dr. Jörn Neuhausen and Dr. Philipp Rose - BETs reached about 8% of global truck production in 2025, driven almost entirely by China, which accounts for 95% of volume. Europe is ramping up slowly, and the U.S. has stalled - The future truck powertrain is electric. ICE efficiency gains are now incremental and hybridization only bridges select use cases, so