China’s LNG-fueled truck sales are booming

China is experiencing a boom in LNG-fueled heavy-duty vehicles driven by its expansive gas infrastructure, increasing lower-cost gas supplies, and coordinated policy incentives. Procurement reached a record high of 178,200 in 2024, a 17% increase on 2023 sales, and up 383% from a decade earlier. LNG captured 33% of HDV market sales in 2024. Source: IEEFA