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New subsidy policy to boost confidence in LNG heavy-duty truck market

Source: Mysteel Oct 11, 2025 16:47
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Against weakening LNG heavy-duty truck market, new subsidy policy introduced in March 2025 became a turning point and is expected to take effect from the fourth quarter of 2025 to 2026.   2019-2024 China Heavy-duty Truck and LNG Heavy-duty Truck Sales (Unit: 10k units) Source: CAAM, OilChem Note: HDT refers to heavy-duty truck

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