Natural Gas Truck Sees a Jump of 666% YoY in April

www.chinatrucks.com: According to statistics of MIT, in April, the natural gas heavy truck market sees April production to be about 7,042 units, down 9% month over month but up 666% year-on-year, far higher than 587% growth in March. Since the beginning of this year, it reports a very satisfactory set of results: up 257% in January, 927% in February, 587% in March and 666% in April. The total year-on-year growth rate reaches 571% in the first 4 months, 38% higher than that of Q1 (533%). The amount of Gas Fuelled Trucks produced during the first 4 months reaches 21,767 units, higher than the whole of 2016 (around 20,000 units). It turns out to be far better than expected.