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

What changed

NEV option continue to rise as LNG ones oscillates bw 16 & 36%. — via @tphuang

Why it matters

Diesel share at historic 32% low due to subsidy changes; LNG and NEV rising.

Sources