WeiChai Power_ Data NOW_ Weichai's Share Price vs. LNG HDT Sales in Jan-25
2025-02-23 14:59
February 20, 2025 12:37 PM GMT WeiChai Power | Asia Pacific Data NOW: Weichai's Share Price vs. LNG HDT Sales in Jan- 25 China's LNG heavy-duty truck (HDT) sales were up 21% y-y (-20% m-m) to 7.7k units in Jan-25, with penetration expanding 7ppt y-y to 16% (vs. 9% in Jan-24). This was attributed to a widening LNG/diesel price gap (Rmb3,148/t in Jan-25 vs. Rmb2,520/t in Jan-24 and Rmb3,009/t in 2024, according to CEIC data). Exhibit 1: LNG HDT Sales vs. Weichai H-share Price Performance -5,000 0 5,000 10,000 ...