Ni Zhen: The electrification replacement of highway freight vehicles during the "14th Five-Year Plan" period can achieve significant development.

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Ask AI · Why the electrification of highway freight transport vehicles has huge potential during the 15th Five-Year Period (15th Five-Year Plan)?

China News Service, March 25 (Reporter Wang Ziqian) Ni Zhen, Chairman of China Energy Engineering Group Co., Ltd., said on March 25 at the Boao Forum for Asia 2026 Annual Conference “Power-Generation and Energy Integration Development, Building a Green Future” forum, that after power and energy can be substituted in family commercial vehicles, the one that can achieve relatively large development during the “15th Five-Year Period” will be the electrification substitution for road freight vehicles. At present, road freight vehicles account for nearly 70% of total transportation emissions. If electrification substitution is achieved, the energy and operating costs can be reduced by 8% to 15%. In addition, because there are still certain obstacles on the economic side, it is expected that the electrification substitution of shipping during the “15th Five-Year Period” will be in an initial development stage.

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