2025年1月5日，依维柯中国发布关于部分车辆保修状态事宜的郑重声明。正文如下: IVECO 关于部分车辆保修状态事宜的郑重声明 尊敬的广大客户及合作伙伴: 近期,我司关注到市场上有关于部分车辆保修状态的咨询。为保障广大客户的合法权益, 避免因信息不对称而引发误解与纠纷，我司在此郑重声明如下: 特此声明! 依维柯(中国)商用 IVECO (China) Commercial Vehicle Sales Co. Ltd 故维柯(中国) 商用车销售有限公司 L4F. No.2 Maji Road, Pudong District, Shanghai, P IVECO · GROUP !! 经我司核实并确认,附件清单中所列的 179 台车辆(以底盘号为准)已超出依维柯中国提 供的底盘质保服务期限。 在此,我们恳请广大客户在购买车辆或进行相关交易时,务必先核查意向车辆的底盘号及 保修状态。车辆质保情况可通过依维柯中国授权的服务网络进行查询。对于任何超出质保期限 的车辆,依维柯中国将不再承担相应的保修责任,任何维修及相关费用均应由车主自行承担。 依维柯中国始终致力于为客户提供透明、准确的信息。如您对车辆保修状态有任何疑 ...

Core Viewpoint - In 2025, Jianghuai Commercial Vehicles achieved significant sales and reputation growth, with a total domestic sales of 115,530 units, marking a year-on-year increase of 9.1% [1][2]. Sales Performance - Domestic cumulative sales reached 115,530 units in 2025, reflecting a 9.1% year-on-year growth [1][2]. - New energy vehicle sales amounted to 21,103 units, showing a remarkable year-on-year increase of 70.4% [1][2]. - International business sales totaled 56,000 units, with Jianghuai ranking as the number one Chinese brand in the mid-to-high-end light truck export market [1][2]. Market Position - Jianghuai's light passenger vehicle products ranked in the top three for Chinese brand exports [1][2]. - The company is positioned to continue its growth trajectory into 2026, aiming to further enhance the reputation of Chinese commercial vehicle brands [4].

Core Insights - Yuchai's first YCK11 engine produced at its Vietnam factory has successfully passed testing, marking a significant step towards localized manufacturing in Vietnam [1][3] Group 1: Localization and Testing - The YCK11 engine's testing involved simulating various real-world road conditions in Vietnam to ensure vehicle adaptability, including steep slopes, bumpy gravel roads, muddy sections, and undulating surfaces [3] - The engine demonstrated stable and reliable performance, with strong and sustained power output, successfully passing all rigorous tests [3] - This localization effort represents a key milestone for Yuchai's overseas expansion and signifies the integration of Chinese manufacturing into the local Vietnamese economy [3] Group 2: Market Developments - A significant public transportation bus tender worth 1.3 billion yuan has been finalized, indicating competitive dynamics in the market [7] - Heavy truck sales in December increased by 13%, raising questions about the total sales figures for the year and projections for 2026 [7] - Major companies such as Foton, Yutong, Chery, XCMG, and others have made bulk deliveries of heavy trucks, reflecting ongoing activity in the sector [7]

Core Viewpoint - In December 2025, the sales of new energy tractors in China reached a record high of 28,600 units, marking a year-on-year increase of 195% and a month-on-month increase of 45% [3][20]. Group 1: Market Performance - The total sales of new energy heavy trucks in December 2025 reached 34,500 units, representing a year-on-year increase of 191% [1]. - The new energy tractor market achieved a monthly sales record with a total of 28,600 units sold in December, which is approximately 2.95 times the sales of December 2024 [3][20]. - The year 2025 saw a cumulative sales figure of 158,300 units for new energy tractors, reflecting a year-on-year growth of 223% [12]. Group 2: Regional Insights - In December 2025, all 30 provincial-level administrative regions in China reported new sales of new energy tractors, with 26 regions adding over 100 units each [4]. - Shanghai led the sales with over 7,000 new energy tractors sold in December, followed by Shanxi with nearly 4,000 units [4][6]. Group 3: Company Performance - In December 2025, 12 companies sold over 100 new energy tractors, with 9 companies exceeding 1,000 units. XCMG topped the list with 4,222 units sold [8][9]. - The top three companies in cumulative sales for 2025 were Jiefang (25,400 units), XCMG (24,900 units), and SANY (22,200 units), all exceeding 20,000 units [12][14]. - The market share of the top five companies in 2025 was over 10%, with Jiefang at 16.0%, XCMG at 15.7%, and SANY at 14.1% [18].

Core Viewpoint - XCMG's pure electric dump trucks are making significant strides in international markets, contributing to the green transformation of coal transportation in various regions [1][9]. Group 1: Product Performance and Features - XCMG's pure electric dump trucks have demonstrated high reliability and low energy costs during intensive operations, leading to repeat orders from customers [3]. - The trucks are designed to withstand harsh conditions, featuring a cage structure for safety, a reinforced frame for higher load capacity, and a three-electric system with IP68 protection for durability [5]. - Equipped with a powerful drive system optimized for heavy-duty climbing, the trucks ensure stable energy output and efficient transportation [5]. - The intelligent energy management system developed by XCMG allows for precise energy distribution, enhancing operational efficiency [5]. Group 2: Customer Support and Service - XCMG has established local spare parts warehouses for overseas customers to ensure sufficient core parts supply and improve service response times [7]. - The company provides 24/7 professional support, including on-site services, pre-delivery vehicle inspections, and customer training to enhance the overall customer experience [7]. Group 3: Market Expansion - XCMG's new energy heavy trucks are expanding their presence across Europe, America, Southeast Asia, and Africa, aligning with the global push for green and efficient transportation solutions [9].

Core Viewpoint - Dalian Public Transport Group has completed the procurement of 1,096 new energy city buses to replace old vehicles by 2025, with CRRC Times Electric Vehicle Co., Ltd. winning all four bidding sections [1][3][4]. Group 1: Procurement Details - The first section includes 500 units of 12-meter pure electric city buses and 55 units of 8-meter height-limited pure electric city buses, with a bid price of 69,086.2 thousand yuan (approximately 6.91 billion yuan) [1][4]. - The second section consists of 36 units of 11-meter pure electric city buses and 10 units of 10-meter double-decker pure electric buses, with a bid price of 56,410 thousand yuan [6][7]. - The third section includes 135 units of 8-meter pure electric city buses, with a bid price of 13,338 thousand yuan (approximately 1.33 billion yuan) [8]. - The fourth section consists of 360 units of 10-meter pure electric city buses, with a bid price of 41,320.8 thousand yuan (approximately 4.13 billion yuan) [9][10]. Group 2: Project Timeline and Supervision - All vehicles are to be delivered by December 20, 2025, and registration must be completed by December 30, 2025, with penalties for delays caused by the winning bidder [7][10]. - The project is supervised by the Comprehensive Management Department of Dalian Public Transport Group [7].

Group 1 - December heavy truck sales increased by 13%, raising questions about the total sales volume for the year and projections for 2026 [1] - Major companies such as Foton, Yutong, Chery, XCMG, and YuanCheng have made significant deliveries of heavy trucks [2] - In December, sales of new energy heavy trucks exceeded 34,000 units, with companies like XCMG, SANY, FAW, Shaanxi Automobile, and Sinotruk each selling over 4,000 units, leading to competition for the sales champion title [3] Group 2 - FAW Jiefang has released its performance report for the entire year of 2025, providing insights into its market position and future strategies [4]

Group 1 - Heavy truck sales increased by 13% in December, raising questions about the total sales volume for the year and projections for 2026 [4] - Companies such as Foton, Yutong, Chery, XCMG, and YuanCheng have made bulk deliveries of heavy trucks [4] - FAW Jiefang has released its performance report for the entire year of 2025 [4] Group 2 - A significant procurement order for new energy sanitation vehicles has emerged in Shanghai, with a budget of 34.03 million yuan [6] - The debut of the "black box" and 15 industry-leading features for Chery's commercial vehicle, the big VAN, has been highlighted [6]

Core Viewpoint - In 2025, the company aims to navigate the challenges and competition in the commercial vehicle industry through strategic adjustments, innovation, and transformation, achieving dual breakthroughs of outperforming itself and the industry [1]. Market Performance - In 2025, the company sold over 280,000 vehicles, capturing a 22.6% market share in the domestic medium and heavy truck segment, maintaining the industry leader position. The terminal market shares for different vehicle types were 23% for tractors, 28.9% for cargo vehicles, and 27.8% for NG vehicles, all ranking first in the industry. The share of new energy medium and heavy trucks reached 14.8%, a year-on-year increase of 2.8 percentage points, with the company leading in new energy truck sales [4]. - The brand value of "Jiefang" surpassed 145 billion, marking the 14th consecutive year as the industry leader. The company also achieved the highest service satisfaction in the industry, recognized by the China Automotive Maintenance Industry Association in 2025 [4]. Industrial Layout - The company accelerated its strategic layout with a focus on "North-South coordination and comprehensive coverage," establishing multiple vehicle and assembly plants, and new technology companies. The smart manufacturing level is industry-leading, enhancing the industrial ecosystem [6]. - The Wuxi R&D base was completed in September, serving as an innovation center in the Yangtze River Delta, strengthening the global R&D layout and technological innovation system [6]. - A new factory in Foshan was launched in December, featuring intelligent, green, and flexible production capabilities, filling the gap in the southern new energy commercial vehicle production base [6]. Technological Innovation - The product matrix was optimized, with the launch of the J6L and J6G Pro series, providing comprehensive lifecycle solutions to help users reduce costs and increase revenue. The "Eagle Array" product strategy was introduced, offering diverse earning machines for various user needs [8][10]. - The company launched several advanced powertrain products, including GS280, GD300, ER260, and EE270, achieving comprehensive layout in "oil, gas, and electricity." The 10-speed transmission won the "World's Top Ten Transmissions" award, showcasing the company's technological strength and product quality [10]. Strategic Transformation - The company focused on building a "Green Liberation" in the new energy sector, implementing the "15333" new energy strategy, with all five bases obtaining new energy production qualifications. The "Big Three Electric" achieved independent R&D and manufacturing, covering mainstream scenarios [12]. - The "International Liberation" strategy was accelerated, with five brands and new products launched overseas. The company established eight overseas subsidiaries and built 23 KD factories, exporting to 105 countries and maintaining a leading position in overseas sales among Chinese export brands [12]. Conclusion - 2025 was a year of challenges and opportunities, marking a period of self-transcendence and industry leadership for the company. The focus on terminal sales, new energy leadership, smart factory establishment, and global ecosystem expansion reflects the commitment and efforts of the entire team. Moving into 2026, the company aims to continue its journey of "self-reliance and self-improvement," promoting new development and striving for success in the upcoming "15th Five-Year Plan" [14].

Core Viewpoint - The procurement project for new energy sanitation vehicles by Shanghai Jinda Environmental Sanitation Development Co., Ltd. has undergone significant changes, including an increase in project funding and adjustments to the bidding process and vehicle specifications [1][2]. Group 1: Project Changes - The project funding has been increased from 32.89 million yuan to 34.03 million yuan [1][4]. - The bidding for "Package Three: Procurement of Pure Electric Dump Trucks" has been terminated [2][4]. - The deadline for submitting bidding documents has been postponed from January 9, 2026, to January 15, 2026 [1][5]. Group 2: Package Details - Package One: Procurement of pure electric compression garbage trucks has a new maximum price of 16.12 million yuan, with specifications updated to include 10 units of 18-ton trucks [4][5]. - Package Five: Procurement of pure electric washing sweepers has a new maximum price of 8.26 million yuan, with an increase in the number of units from 6 to 7 [4][5]. - Package Six: Procurement of pure electric cleaning vehicles has a new maximum price of 3.96 million yuan, with an increase in the number of units from 3 to 4 [4][5].