Trucks
Chinese startup Newrizon begins exporting battery swap-enabled electric trucks to Middle East
Newrizon, founded by a former Nio senior vice president, announced in February 2023 that it had secured more than RMB 100 million in Series B+ funding from Nio Capital.
Analysts expect 16% of heavy trucks sold in China to be electric by 2025
At present, 89 percent of the new energy heavy trucks are pure electric models, and half of them support battery swap.
