Core Viewpoint - The heavy truck market in China experienced a significant increase in sales in June, with a year-on-year growth rate of 29%, marking the third consecutive month of growth in 2023 [1][4][5]. Sales Performance - In June 2025, approximately 92,000 heavy trucks were sold, representing a 4% increase from May and a 29% increase from the same month last year [4][5]. - Cumulatively, from January to June 2023, the heavy truck market in China sold about 533,300 units, reflecting a year-on-year growth of approximately 6% [7]. - The retail sales of heavy trucks also saw a year-on-year increase exceeding 36% in June, with a slight month-on-month rise [7][14]. Market Drivers - The primary reason for the sales surge in June, traditionally a "slow season," is attributed to environmental policies, particularly the implementation of a vehicle scrappage and replacement program initiated by three ministries on March 18 [8][9]. - The program has led to increased demand for new heavy trucks as older vehicles are replaced, contributing to the market's growth despite challenges in the freight market [9][10]. Segment Performance - The electric heavy truck segment has shown remarkable growth, with sales exceeding 15,000 units in June, a year-on-year increase of over 120%, and a market penetration rate surpassing 24% [16][17]. - Diesel heavy trucks also performed well, with a year-on-year growth rate of around 52% in June [17]. - Conversely, the natural gas heavy truck segment continues to decline, with sales dropping over 22% year-on-year in June, primarily due to unfavorable price differentials and delayed policy implementation in key regions [16][17]. Future Outlook - The ongoing effects of the scrappage policy are expected to sustain the demand for new heavy trucks, with projections indicating a significant year-on-year increase in sales for the third quarter of 2023, particularly in September [19].

Core Viewpoint - The article highlights the advantages of Jianghuai New Energy Light Trucks in the context of the declining real estate market, emphasizing their efficiency, cost-effectiveness, and practicality for logistics operations [1][15]. Group 1: Vehicle Performance - The Jianghuai New Energy Light Truck is equipped with a 89.12 kWh lithium iron phosphate battery from CATL, achieving over 150,000 kilometers of travel without significant battery degradation, maintaining a full load range of around 200 kilometers [4]. - The vehicle features a permanent magnet synchronous motor with a rated power of 60 kW, a maximum power of 163 horsepower, and a maximum torque of 320 Nm, ensuring competitive performance compared to diesel counterparts [4][6]. Group 2: Cost Efficiency - The transition to electric light trucks has significantly reduced operational costs, with daily electricity expenses of only 35 yuan compared to 200 yuan for diesel fuel, enhancing profit margins in a low freight rate environment [8]. - The absence of maintenance costs associated with after-treatment systems and engines further contributes to cost savings over the three years of use [8][9]. Group 3: Comfort and Usability - The electric light truck provides a comfortable driving experience, allowing for efficient operation even during long working hours, with daily delivery distances not exceeding 150 kilometers [11]. - The vehicle's automatic transmission and large cargo capacity of 19 cubic meters facilitate the transportation of various building materials, improving operational efficiency [13]. Group 4: Market Outlook - Given the current challenges in the real estate sector, the demand for cost-effective and efficient logistics solutions is increasing, positioning Jianghuai New Energy Light Trucks favorably in the market [8][15]. - The company plans to expand its fleet with additional electric light trucks to meet growing logistics demands, indicating a positive outlook for future sales [15].

Core Viewpoint - The article discusses the public tender announcement for the procurement of 36 pure electric buses by Xianyou County, with a total budget of 27.48 million yuan, indicating a significant investment in electric public transportation [1][2]. Group 1: Project Overview - Xianyou County plans to procure 36 pure electric buses, divided into two packages: 20 units of 8.5-meter low-entry buses and 16 units of 7-meter low-floor buses [1][2]. - The total budget for the project is 27.48 million yuan, with specific allocations of 16.6 million yuan for the first package and 10.88 million yuan for the second package [1][2]. Group 2: Procurement Details - The procurement method is open bidding, and the project is organized by Fujian Yishi Tendering Agency [1][2]. - The bidding process allows for individual suppliers only, as joint bids are not accepted [2][3]. Group 3: Qualification Requirements - Bidders must meet the qualifications outlined in the Government Procurement Law and provide a qualification commitment letter [2][3]. - Special qualifications may be required depending on the specific needs of the project, including compliance with national mandatory requirements or certifications [2][3]. Group 4: Submission and Timeline - The deadline for submitting bids is set for July 21, 2025, with a minimum bidding period of 20 days from the issuance of the tender documents [3][4]. - Interested bidders can obtain the tender documents from June 30 to July 7, 2025, either in person or via email [3][4].

Core Viewpoint - The merger between Scage International and Finnovate Acquisition Corp. marks a significant milestone in advancing global decarbonization in commercial transportation, with plans for Nasdaq listing and expansion into new markets [1][3]. Group 1: Merger Details - Scage International has completed its business combination with Finnovate Acquisition Corp, with the new company, Scage Future, set to trade on Nasdaq under the ticker "SCAG" starting June 30, 2025 [1]. - The merger has received approval from Finnovate's shareholders and all remaining conditions have been satisfied or waived [1]. Group 2: Company Strategy and Vision - The CEO of Scage International emphasized that the Nasdaq listing will enhance market visibility and broaden financing channels, facilitating the commercialization of next-generation hybrid, electric, and hydrogen fuel cell trucks [3]. - The company plans to expand production capacity, invest in hydrogen infrastructure, and extend its global footprint in regions such as China, Central Asia, Southeast Asia, and the Middle East, while preparing to enter the European and American markets [3]. - Scage International aims to create long-term value for shareholders through a strong order backlog and an expanding portfolio of zero-emission products [3]. Group 3: Company Background - Scage International is a leading provider of zero-emission technology in China, focusing on accelerating the decarbonization of global commercial transportation through advanced heavy-duty new energy vehicle products and innovative clean fuel systems [4]. - The company has extensive experience in the design, production, and testing of the next generation of heavy-duty new energy commercial vehicles, with key products including the Longwang II plug-in hybrid dump truck and the Galaxy II plug-in hybrid truck [4].

Core Viewpoint - The launch of the "Euro Champion G" series tank trucks by CIMC Vehicles aims to redefine the value standards of tank trucks in the chemical logistics industry through innovative practices and enhanced customer experience [1][6]. Group 1: Product Launch and Features - The "Euro Champion G" series tank trucks incorporate full value chain innovation, focusing on safety and performance, setting a new benchmark for safety in the chemical logistics sector [1][6]. - Each technological breakthrough in the "Euro Champion G" series directly addresses industry pain points, emphasizing the utmost requirement for safety [6][11]. Group 2: Industry Recognition and Partnerships - The launch event received high recognition from leading industry clients, with significant procurement orders signed, including a batch order of 500 units [7][9]. - Industry experts and key clients participated in a forum discussing the advancement of safety in hazardous materials transportation, highlighting the need for a comprehensive safety ecosystem [11]. Group 3: Industry Leadership and Standards - CIMC Vehicles is recognized as a leader in the industry, with its innovative practices serving as a benchmark for China's equipment manufacturing [5][11]. - The forum emphasized the importance of establishing open technology verification and data-sharing platforms, as well as forward-looking unified technical standards for the industry [11].

Core Viewpoint - The domestic natural gas heavy truck market is experiencing a decline, with sales dropping significantly in May 2025, marking a continuous decrease over three months. The cumulative sales from January to May also show a notable year-on-year decline, indicating potential challenges for the industry moving forward [1][5][30]. Sales Performance - In May 2025, the sales of natural gas heavy trucks reached 14,000 units, a year-on-year decrease of 34%. Cumulatively, from January to May, sales totaled 78,000 units, reflecting a 16% decline compared to the same period last year [1][5][18]. - The sales of natural gas heavy truck engines in May 2025 were 14,000 units, also down 34% year-on-year, with a cumulative total of 78,000 units sold from January to May, marking a 16% decline [5][18]. Engine Market Characteristics - The main displacement ranges for natural gas heavy truck engines from January to May 2025 were 12-13L and 14-15L, accounting for 42.21% and 40.22% of the market, respectively. The share of engines over 15L has increased slightly compared to the previous year [7]. - In terms of horsepower, the dominant ranges were 400-500 horsepower and 500-600 horsepower, comprising 37.65% and 45.72% of the market. The share of super high horsepower models (≥600 horsepower) reached 14.17%, showing a significant increase compared to the previous year [10][11]. Market Share and Competitors - In May 2025, five companies sold over 1,000 units of natural gas heavy truck engines. Weichai led the market with 6,953 units sold, capturing a market share of 49.84%. Cummins ranked second with 2,875 units and a 20.61% share, followed by Jiefang with 1,580 units and an 11.33% share [14][16]. - From January to May 2025, Weichai maintained a market share of over 50%, reaching 52.32%. Cummins' total sales were 15,500 units, with a market share of 19.83%, while Jiefang surpassed 10,000 units, achieving a 13.44% share [21]. Top Engine Models - The top-selling natural gas heavy truck engines from January to May 2025 included: - WP13NG480E61 (Weichai) with 20,100 units sold, 25.69% market share, 12.51L displacement, and 480 horsepower - WP15NG630E61 (Weichai) with 4,562 units sold, 5.85% market share, 14.5L displacement, and 630 horsepower [24]. Future Outlook - The natural gas heavy truck engine market has seen a decline in sales for three consecutive months. The remaining months of 2025 will be critical to determine if the market can recover. Additionally, the limited number of participants in the natural gas heavy truck engine sector raises questions about potential new entrants [30].

6月27日，中国重汽（香港）有限公司发布重要公告，宣布多项高层人事变动及董事委员会架 构调整。 FALE DE SINOTRUK SINOTRUK (HONG KONG) LIMITED 中國重汽(香港)有限公司 (於香港註冊成立的有限公司) (股份代號:03808) 本公司董事長、執行董事及總裁變動 設立環境、社會及管治委員會 原执行董事刘正涛获委任为董事长、执行委员会主席以及战略及投资委员会主席，并因此辞任 总裁一职。 及 董事委員會人士變動 本公司董事長、執行董事及總裁變動及董事委員會人士變動 董事會謹此宣佈,自2025年6月27日起: (iv) 王德春先生已辭任執行總裁;及 (v) 韓峰先生已獲委任為執行董事及執行委員會成員。 在高层人事变动方面 (i) 王志堅先生已辭任董事長、執行董事、執行委員會主席以及戰略及投資委員 會主席; (ii) 劉正濤先生獲委任為董事長、執行委員會主席以及戰略及投資委員會主席及 因此辭任總裁; (iii)劉偉先生已獲委任為執行董事、總裁、執行委員會成員以及戰略及投資委員 會成員; 中国重汽（香港）董事会宣布，自2025年6月27日起：王志坚已辞任董事长、执行董事、执 行委 ...

在政策、市场和技术的三重因素驱动作用下，商用车的"智电革命"正在全面提速。 据第一商用车网最新掌握的交强险数据显示，2025年1-5月国内新能源重卡累计销售6.12万 辆，同比大涨195%。其中5月份，国内新能源重卡实销1.51万辆，创下史上同期新高，且居 史上月度销量第三高峰，同比大涨190.7%。新能源重卡市场"没有最火只有更火"，也为行业 和企业带来了前所未有的发展机遇。 同时，参考乘用车发展路径，商用车在完成电动化布局后，智能化将成为下一阶段竞争焦点。 消息面上，不管是交通运输领域人工智能发展的顶层设计，还是智慧城市建设中的"车路云一 体化"，商用车企业都是重要参与者和技术实现者。 2024年国内重卡BEV（纯电动）加速渗透，主要因供给丰富，且电池价格下降及购置补贴使 BEV在部分细分市场具备强产品力与经济性。根据交强险数据，2024年BEV重卡上险约7.7万 辆，同比高速增长154%，BEV重卡渗透率快速提升至接近13%。国海汽车研报预计，2025 年全年国内BEV渗透率或为23%左右，在补能基础设施不断完善、产品供给持续丰富、路权 等政策稳定支持下，国内BEV重卡渗透率的阶段性顶点或为30-35% ...

Core Viewpoint - The article emphasizes the significant economic advantages of electric heavy-duty trucks in commercial vehicle electrification, particularly in the express trunk logistics sector, where the SANY Jiangshan SE636 electric truck is positioned as a game-changer for cost reduction and efficiency enhancement in the industry [1][3]. Group 1: Economic Efficiency - The SANY Jiangshan SE636 features a 636 kWh battery, enabling a real-world range of 500 kilometers, which meets the needs of major express trunk routes in China [4]. - The truck's weight is optimized to 10.6 tons, which is over 0.5 tons lighter than mainstream competitors, allowing for additional cargo capacity and increased revenue per trip [6]. - The "smart energy management system" of the SE636 allows for an average energy consumption of just 1.1 kWh per kilometer, potentially saving over 100,000 yuan annually in energy costs for a fleet operating 200,000 kilometers per year [8][10]. Group 2: Operational Efficiency - The SE636 utilizes an 800V high-voltage architecture and 1000A fast-charging technology, allowing for a 30-minute charge from 20% to 80%, equating to approximately 300 kilometers of range [14]. - The truck's dual-motor and dual-transmission system provides 870 horsepower, surpassing traditional diesel trucks in performance, and offers robust climbing capabilities on steep gradients [16]. - Advanced chassis technology and air suspension enhance operational efficiency and comfort, reducing the physical strain on drivers during long hauls [18]. Group 3: Driver Experience and Safety - The SE636's cabin design maximizes space and comfort, featuring a flat floor and a spacious sleeping area, catering to long-distance drivers [22]. - It is equipped with an L2-level intelligent driving assistance system, providing comprehensive safety features to reduce fatigue and enhance driving safety [24]. - The "Smart Transport" platform allows fleet managers to monitor vehicle status in real-time, optimizing operations for safety and efficiency [26]. Group 4: Market Positioning - The SE636 is positioned as a reliable solution for the express logistics sector, addressing the urgent need for cost-effective electric heavy-duty trucks [28]. - SANY's commitment to a direct sales and service model, along with comprehensive support services, strengthens customer confidence in the SE636 [28].

Core Viewpoint - Zhejiang Hengfeng Group Co., Ltd. has announced a new tender for the procurement of 12-meter pure electric double-decker sightseeing buses and 5.3-meter pure electric city buses, with a total budget of 18.44 million yuan [1]. Group 1: Project Basic Information - Project Number: YCQ-2025-CG148 [2] - Total Budget Amount: 18,440,000 yuan [2] - Procurement Items: - Item One: 12-meter pure electric double-decker sightseeing buses with a budget of 13,800,000 yuan [2]. - Item Two: 5.3-meter pure electric city buses (micro-circulation) with a budget of 4,640,000 yuan [3]. Group 2: Application Requirements - Applicants must be legally established entities with independent legal person status within the People's Republic of China [4]. - Financial Requirement: Applicants must commit to issuing a VAT special invoice that meets the purchaser's requirements upon selection [5]. Group 3: Tender Document Acquisition - Tender document acquisition period: June 27, 2025, to July 10, 2025 [5]. - Documents can be obtained online through the Lecaiyun platform [5]. Group 4: Submission and Opening of Bids - Deadline for submitting bids: July 10, 2025, at 09:30 (Beijing time) [6]. - Bid opening time: July 10, 2025, at 09:30 [6]. - Bid opening location: Administrative Service Center, 4th Floor, Room 4065 [6]. Group 5: Inquiry and Contact Information - Contact for inquiries regarding the procurement: - Purchaser: Zhejiang Hengfeng Group Co., Ltd., Phone: 0579-85010266 [8]. - Procurement Agency: Yiwu Property Rights Exchange Co., Ltd., Phone: 0579-89900986 [9].