Rising fuel prices linked to the Iran war are increasing demand for electric trucks across Asia and driving a sharp rise in Chinese exports, according to a report published on August 14, 2026. Use of electric trucks, from light vehicles to heavy trailers, is also growing rapidly in China, while domestic sales have increased in the world’s largest car market.
Pakistan-based outlet Dawn reported that in the four months after the United States and Israel began war against Iran in February, China’s exports of heavy electric trucks more than doubled year on year to 16,823 units. Nearly half of those shipments went to countries in South and Southeast Asia. Exports to South Asia rose more than fivefold, while shipments to Southeast Asia increased nearly threefold.
Higher fuel costs are offsetting the disadvantage of electric trucks’ relatively higher upfront purchase prices. The report said rising energy expenses are pushing countries across Asia toward electric transport more quickly. Chinese manufacturers are therefore focusing not only on their domestic market but also on selling electric trucks in newer markets across Asia, Africa and Latin America.