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

By Reuters May 07, 2026 Bullish
Iran war to accelerate China's shift to electric trucks from diesel
The jump in diesel prices triggered by the Iran war is expected to accelerate ​electrification of China's heavy truck fleet this year, analysts and automakers say, and speed a decline in fuel demand in the world's largest ‌oil importer.
The jump in diesel prices triggered by the Iran war is expected to accelerate ​electrification of China's heavy truck fleet this year, analysts and automakers say, and speed a decline in fuel demand in the world's largest ‌oil importer.