LNG Vehicles Still Have Cost Advantage After Price Increases


LNG automotive applications are currently mainly heavy trucks and buses. In recent years, with the rapid development of the domestic natural gas industry and the increase in natural gas supply, LNG vehicles have also been rapidly popularized. The promotion and application of LNG vehicles is currently mainly in heavy trucks, buses, intercity buses, etc., in taxis and passenger cars. There are still few areas. The use of LNG heavy trucks to replace diesel heavy trucks is mainly based on its high economic efficiency. LNG buses are mainly used for public transportation based on their excellent environmental performance. LNG buses are used in intercity buses mainly based on their economic performance.

Economic benefits promote LNG heavy trucks to replace diesel heavy trucks. It is estimated that when the price per cubic metre of weather is less than 60% of diesel price per litre, the benefit of converting diesel heavy trucks into LNG heavy trucks is very obvious. At present, the ratio of domestic natural gas to diesel is mostly below 70%. At this time, LNG heavy trucks are used as replacements. Diesel heavy trucks still have good economic benefits. Driven by this, major domestic heavy truck manufacturers have launched LNG heavy truck products, among which Shaanxi Heavy Duty Truck and Sinotruk's LNG heavy truck sales in 2012 reached 7,000 units and 5,000 units respectively, which accounted for about 9% of the 2 heavy truck sales in 2012 and 5 respectively. About %, and the heavy truck sales of these two companies ranked fifth and second respectively in the industry in 2012.

Low emissions promote LNG buses to become the mainstream of new energy buses. 90% of urban air pollution sources come from vehicle exhaust. Using LNG vehicles can reduce automobile harmful gas emissions by more than 70%, making them more environmentally friendly and thus gaining the favor of many governments. Among them, the Pearl River Delta in Guangdong, Guiyang, Guiyang, Guizhou, and other places have performed outstandingly. Guangzhou, Guangdong Province plans to convert 6,500 LPG buses to LNG buses in succession in 8 years, of which 1600 are scheduled to be replaced in 2013; Foshan currently has 5,400. Among the buses, there are 2340 LNG buses, accounting for about 40%. Guizhou Guiyang has used 2086 large LNG buses as of July 2013, accounting for 92.2% of the total number of large public transport vehicles.

Beijing Bus Group announced in July 2013 that it had purchased 3012 LNG buses. Major bus manufacturers such as Zhengzhou Yutong's LNG bus sales in 2012 reached 1,800 units, which accounted for about 4% of the company's passenger car sales in the year, and sales of LNG buses from Suzhou Jinlong and Zhongtong buses exceeded 1,000.

Heavy trucks and passenger cars have boosted demand for LNG vehicles. As of the end of 2010, there were about 10,000 LNG vehicles in the country. By the end of 2011, there were approximately 38,500 vehicles. By the end of October 2012, there were approximately 70,000 vehicles. According to the data of Anxun Siswang Energy, as of the end of March 2013, nearly 100,000 LNG vehicles have been put into operation in China. By the end of 2010, there were about 100 LNG refueling stations put into operation in China, and about 200 at the end of 2011; about 500 at the end of 2012; by the end of April 2013, there were about 637 LNG refueling stations across the country. .

LNG vehicle equipment market capacity measurement. We estimate that the number of domestic heavy trucks is about 3.65 million, and that of large and medium-sized passenger vehicles is about 800,000. It is estimated that the number of LNG heavy trucks in the future is expected to reach about 400,000 vehicles and about 250,000 passenger cars will be about 650,000 vehicles. , It needs to support about 4500 LNG refueling stations. The total market capacity of LNG engines, LNG cylinders, and LNG refueling stations brought by LNG automotive applications totals about 80 billion yuan, and the market capacity in 2015 is about 20 billion yuan. After the year 2015, the annual update will require about 12 billion yuan.



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