AsianFin -- China on Sunday launched a next-generation battery-swapping ecosystem for heavy-duty trucks, targeting 50 percent electric penetration in the sector within three years, as part of its push to decarbonize freight transport.

The launch event, co-hosted by the China Communications and Transportation Association and battery giant CATL in Datong City, north China's Shanxi Province, highlighted the driving aim of slashing logistics costs while meeting carbon neutrality goals.

At the event, CATL unveiled its #75 standardized battery model and all-scenario chassis-based swapping solution, promising the lowest lifecycle cost per tonne-kilometer and industry-leading safety. The company claimed that trucks using its system save 0.62 yuan (about 8.6 U.S. cents) per km over diesel models, translating to over 60,000 yuan annually for high-mileage operators.