Core Viewpoint - The logistics industry is increasingly focused on cost reduction and efficiency through the use of efficient, energy-saving, and reliable transportation tools, particularly in the context of global energy transition and carbon neutrality goals. The launch of the HOWO light truck CNG product by China National Heavy Duty Truck Group in Xinjiang represents a new opportunity for the freight industry in the region [1][3]. Industry Trends - Since 2021, the logistics industry has entered an adjustment period due to falling freight rates and rising costs. The widening oil and gas price gap has led many truck drivers to switch from diesel to natural gas, making cost reduction and efficiency a core demand for customers and a strategic focus for commercial vehicle manufacturers [3][5]. - The increasing stringency of environmental policies and the gradual adjustment of energy structures have made clean and efficient energy a development trend in the commercial vehicle sector. Users are demanding higher standards for operational costs, power, performance, and reliability [3][5]. Product Launch - The HOWO light truck CNG product was officially launched in Xinjiang, which is a key area for the Belt and Road Initiative and a testing ground for green logistics. The product is tailored to meet the specific working conditions and user needs in the region, aiming to support high-quality development in the western logistics industry [3][5][7]. Product Features - The HOWO light truck CNG product features a new Weichai WP3NG engine, which is the only engine in the industry that converts from diesel to natural gas, with an upgraded power of 140 horsepower, 7.7% higher than competitors, and a torque of 450 N·m, 4.7% higher than competitors. The engine has a B10 lifespan of 500,000 kilometers, which is 66% longer than the 300,000 kilometers typical of competitors [8][10]. - The product is a pure CNG model with a standard configuration of two 230L gas cylinders, providing a range of approximately 600 kilometers, addressing range anxiety for users [10]. - The CNG product is designed to be cost-effective, with a fuel consumption reduction of 8%-10% compared to the industry average. Over an annual operating distance of 100,000 kilometers, it can save users 25,000 yuan compared to a 170-horsepower 2.5L diesel truck [10][12]. User Experience - Users have expressed satisfaction with the reliability and performance of the HOWO light truck, highlighting its comfort and safety features, such as air-suspension seats and electric air conditioning, which are crucial for long-distance operations in the vast and varied terrain of Xinjiang [13][15]. - A logistics company representative noted that the CNG product's long range and the availability of CNG resources and refueling facilities in Xinjiang make it an optimal choice for reducing costs and improving efficiency in the competitive freight market [15].
以清洁能源重塑高效运输 HOWO轻卡CNG产品新疆上市