Heavy trucking unlikely to materially increase China’s LNG imports

China is experiencing a boom in LNG-fueled heavy-duty vehicles (HDVs) however, it faces challenges from LNG price volatility and increasingly competitive electric alternatives. LNG may play only a transitional role for heavy-duty vehicles. Other Asian countries do not share China’s inherent qualities that enabled its LNG trucking surge. With costs declining, electric heavy-duty vehicles could emerge as Asia’s main displacer […]