Grzegorz Sobański

Heavy-duty electric trucks are rapidly destroying oil demand in China, and they're now coming to Europe >Octopus Energy and CATL JV to build 30 mega-hubs by 2035 to support more than 300,000 e-trucks: Fresh batteries in under 5 minutes, faster than filling up a dirty diesel tank >That's billions of liters of diesel wiped out in Europe each year >In May 2026, sales of e-trucks in China surged 104% y-on-y to 30,800 units in 1 month >In 2025, China registered 231,000 electrified heavy trucks, up 182% y-on-y >Clean trucks are now at a 40.88% market share of all new heavy trucks sold in China - and cut annual operating expenses by $22,000 to $37,000 per vehicle >China also just announced a Heavy-Duty Truck Master Plan: Target of 1.6m new e-trucks by 2030, powered by 30,000 kilometers of zero-carbon highway freight corridors across key national expressways, backed by 3,000 dedicated truck charging and battery-swap stations. Talk about an Electro-Shield >As an added bonus, every truck can be turned into a virtual power plan, charging electricity when it's cheapest and discharging it, if idle, when it's expensive Road freight has been one of the single largest cash cows for the oil industry globally. Those days are soon over. Wires chewing pipelines bloomberg.com/news/articles/…