
Core Viewpoint - Yuchai International (CYD.US) has seen a stock increase of over 9%, reaching $31.56, following the delivery of its first batch of natural gas-powered buses to Nuevo León, Mexico, marking a significant step in upgrading the local public transportation system [1] Company Developments - The first shipment of natural gas buses is part of an order for 600 units expected to be received in 2024 [1] - Currently, 1,400 natural gas-powered buses from Yuchai are operational in Nuevo León, with projections indicating that the total will exceed 2,500 by the end of 2025 [1] - Since entering the Mexican market, Yuchai's natural gas bus engines have grown from a minimal market share to become the leading supplier in the natural gas bus engine market in Mexico [1]