Weichai Power Co Ltd

Common Name
Weichai Power
Country
China (Mainland)
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Employees
97,288
Ticker
000338
Exchange
SHENZHEN STOCK EXCHANGE
Description
Weichai Power Co., Ltd. is a leading Chinese manufacturing company specializing in the production of engines, heavy-duty trucks, and powertrain systems. Originally established in 1946, the company has...

Weichai Power Energy Data Preview

In 2023, Weichai Power disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Weichai Power also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Weichai Power also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Weichai Power also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Weichai Power's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Weichai Power's Energy Renewability

In 2023, Weichai Power consumed a total of 4.91 million Gigajoules of energy across its operations. Of this total, 1.95% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 98.05% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Weichai Power's Energy Renewability Rate

2%

How much of Weichai Power's energy consumed is renewable?

In 2023, Weichai Power consumed a total of 4.91 million Gigajoules of energy, of which 1.95% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Weichai Power has considerable room to improve its energy sustainability strategy.

Insights into Weichai Power's Energy Consumption & Production Mix

In 2023, Weichai Power disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Weichai Power's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Weichai Power's Energy Consumed by Sources and Technologies

Solar Energy(100.0%)

What are the main sources and generation technologies behind Weichai Power's energy consumption?

In 2023, Weichai Power's total energy consumption was primarily sourced from

  • Solar Energy (100%)

How diverse is Weichai Power’s energy consumption mix?

In 2023, Weichai Power consumed energy from 1 different sources or generation technologies, indicating a highly concentrated energy mix, with Solar Energy alone accounting for 100% of total consumption.

Insights into Weichai Power's Energy Inflows & Self-Sufficiency

In 2023, Weichai Power reported total energy inflows of 2.32 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 2.15 million Gigajoules purchased from external suppliers and 168,911.71 Gigajoules generated through internal production. This corresponds to a production share of 7.29%, reflecting a 115.34% percentage point increase from the previous year (2022).

Weichai Power's Energy Purchased vs Produced Over Time

202220230600 k1.2 M1.8 M2.4 MGigajoules (GJ)6%7%94%93%
  • Total Energy Produced
  • Total Energy Purchased
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