中国重型柴油车月度图表集：年末冲刺中电动重型柴油车领跑-China HDT Monthly Chartbook_ Electric HDTs Power Ahead in Year-End Rush

December 22, 2025 China HDT Monthly Chartbook: Electric HDTs Power Ahead in Year-End Rush China's HDT wholesale rose 65.4% YoY to 113.2k units, slightly above our est, bringing 11M25 cumulative sales to 1.04mn (+27.3% YoY). LNG penetration eased to 25.3% (-4.9ppt MoM), while electric HDT sales surged 187.7% YoY to 27.2k units, reaching 36.5% penetration. By our est, Dec HDT sales are set to rise 40% YoY to 118k units, driven by the year-end rush particularly for NEVs. Nov HDT sales reached a record high wit ...