China will dominate the Russian truck market

Significance

The exit of major European truck manufacturers from the Russian market has allowed Chinese companies to gain a substantial foothold, exploiting the established infrastructure and skilled workforce left behind, with their market share rising from 10% pre-war to over 60%. Russian producers, reliant on European inputs, have lost ground.

Impacts

• The entry of Chinese companies will continue to erode the market share of local manufacturers such as KAMAZ.
• The appropriation of European technology and expertise by Chinese companies may undermine European manufacturers in other markets.
• Chinese manufacturers will face criticism for low-quality vehicles and inadequate service support, raising costs for Russian hauliers.