Insight
What’s driving the fuel diversification in China's truck fleet?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Fuel diversification has been gaining momentum in China's trucking sector. The ramping up of natural gas and electric truck sales is making way for LNG and electricity to penetrate the truck fuel market. As a consequence, China's diesel demand growth is further softening. What is behind the diversification? In this insight, we summarise the key drivers and explain why we think a three-fuel story will remain through to the long term.
Table of contents
- Moving to a consumer-oriented economy, China reshapes its trucking sector
- LNG and electric trucks nibble at different sides of diesel trucks’ market share
- Trucks are not just about freight
- Infrastructure: providing respite for conventional diesel trucks?
- Trucking will remain a three-fuel story through to the longer term
Tables and charts
This report includes the following images and tables:
- Natural gas truck sales by vehicle size
- Electric truck sales by vehicle size
- Diesel demand in China’s road freight sector
What's included
This report contains:
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