News summary
[Soochow Securities: The heavy truck sector is expected to continue to cycle upwards from 2024 to 2025] Securities Times NewsnintendoswitcharcadegamesThe Soochow Securities Research Report pointed out that the high growth in gas heavy truck exports has been double positive, and the trade-in policy has further stimulated the heavy truck sector from 2024 to 2025. 1) Oilnintendoswitcharcadegames.nintendoswitcharcadegames..
Newsletter text
[Soochow Securities: The heavy truck sector is expected to continue to cycle upwards from 2024 to 2025] Securities Times News, Soochow Securities Research News pointed out that the high growth in gas heavy truck exports has been double positive, and the trade-in policy has further stimulated, from 2024 to 2025 The heavy truck sector is expected to continue to cycle upwards. 1) The combination of factors such as the continued widening of oil and gas price differences + falling freight rates + gradually enriching gas vehicle product types has driven a rapid increase in the cost performance and customer acceptance of gas vehicles.nintendoswitcharcadegames; At the same time, domestic natural gas supply is abundant, the construction of gas stations in various places is accelerating, and supply/demand/policies are catalyzed by multiple factors. The penetration rate of gas heavy trucks is expected to increase high from 2024 to 2025;2) Heavy truck exports have shown resilience, and sales have achieved steady growth. Breakthroughs, the Middle East/Africa/Southeast Asia and other places have blossomed in many places, the cost-performance advantage of independent heavy trucks has been highlighted, and the overseas market share continues to increase; 3) The old-for-new policy is worth looking forward to. At present, the number of heavy trucks with national standards and below is still high in China. The effectiveness of the policy is expected to stimulate incremental demand and is optimistic about the upward trend. Recommended attention: Weichai Power, Sinotruk, FAW Jiefang, etc. Proofread by: Wang Jincheng
