StockDuty Jun 21, 2026 08:26 PM ET
CatalystMacro

Now that China's HDT sales data for LNG powered ones came out, I had Kimi plot China's HDT mkt by fuel type for the past 12 months. You can see diesel share dropped to all time low of 32% last Dec (du

Now that China's HDT sales data for LNG powered ones came out, I had Kimi plot China's HDT mkt by fuel type for the past 12 months. You can see diesel share dropped to all time low of 32% last Dec (due to subsidy changes) & is around 40% in the past 2 months. NEV option continue to rise as LNG ones oscillates bw 16 & 36%. — via @tphuang
Diesel share at historic 32% low due to subsidy changes; LNG and NEV rising.
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