2025年前7月，我国商用车市场走出一个降-增-降-增-降-增-增的走势，在6月份和7月份收获年内首个"连增"，7月过后累计销量接 近243万辆，较上年同期净增长超9万辆。 8月份，商用车市场表现如何？这一波连增势头能否继续？8月过后，商用车行业格局有无新的变化？ 请看第一商用车网的分析报道。 福田超5万辆蝉联月榜销冠，重汽大增超5成领涨 2025年8月份，商用车市场有12家企业销量超过万辆（排名月榜第11位的大通、排名第12位的远程8月份销量也破万），月销超万辆企 业数与上月持平。福田以5.09万辆蝉联第一，斩获自己今年的第8个商用车月销量榜冠军。 2025年8月份商用车市场销量表（单位：辆） | 8月排名 | 企业/总计 | 8月销量 | 月度份额 | 同比增长 | 本年累计 | 同期累计 | 累计增长 累计份额 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 31.63万 | 100% | 16% | 274.40万 | 260.83万 | દિન્દર | 100% | | 1 | 福田汽车 | 5.09万 | 16. ...

"任何事业要想成功，都需要脚踏实地走好每一步。" 家住山东莱阳的李师傅，在门窗加工行业打拼了20年，凭着这份坚持，不仅实现了产品的集约化生产加工，还组建起专业团队提供上门 安装服务。近日，第一商用车网在采访他时了解到，去年初，为了提升上门安装的工作便利性和客户装修效率，李师傅经过比对，最终 选购了这辆福田奥铃M卡双排座车型作为运输工具。就该车的使用情况，他也在交谈中给予了评价。 术业有专攻 双排车型载人载货"两不误" 回顾自己多年来苦心经营的门窗加工、安装业务，李师傅对当初选择这个行业感到十分庆幸。相较于竞争白热化的电商领域，他始终坚 持"服务第一、质量过硬"的经营理念，靠着日复一日的坚持，他也赢得了众多新老顾客的一致好评。 实践证明，奥铃M卡的动力配置完美契合了李师傅的业务需求。其搭载的东安DAN20L国六汽油发动机，最大功率144马力，匹配万里 扬六速手动变速箱及4.875速比后桥，确保了车辆在诸多复杂工况下都具备稳定的动力表现。 凭借对行业发展趋势的敏锐洞察，让李师傅悟出这样一个深刻的道理："现在各家东西质量都差不太多，客户选咱，图的就是服务到 位。只要定好安装日子，从拆旧窗户到装新窗户，所有的活儿我们 ...

Core Viewpoint - Jietu X70L has launched with a starting price of 109,900 yuan, positioning itself as a "luxury electric seven-seat SUV" with advanced suspension technology and a powerful engine, aiming to compete in the growing SUV market [1][2]. Group 1: Product Launch and Features - Jietu X70L offers five versions, including 1.5T GDI and 2.0T GDI options, with a starting price of 109,900 yuan [1]. - The vehicle features a cloud platform chassis and CDC electromagnetic suspension, designed to effectively reduce bumps and body roll [1]. - The Jietu X70L is equipped with the Chery Kunpeng 2.0TD engine, delivering up to 254 horsepower, which is significantly higher than competitors like BBA's 2.0T engines [1]. Group 2: Market Position and Strategy - Jietu's strategy is characterized as "over-level luxury," continuing the previous X70's approach of offering substantial value for money [2]. - Since its inception in 2018, Jietu has focused on a "large quantity and ample supply" strategy, targeting consumers in lower-tier cities with affordable pricing [2]. - The Jietu X70 series is expected to surpass one million units sold by October this year, indicating strong market penetration [3]. Group 3: Market Trends and Challenges - The overall SUV market in China is growing, with a 13.1% year-on-year increase in retail sales, but the fuel SUV segment is facing challenges with only a 1.8% growth [3]. - The rapid growth of the new energy SUV segment, which saw a 28.5% increase, poses a significant threat to the fuel SUV market share [3]. - Jietu may need to explore new strategies to adapt to the changing market dynamics as competition intensifies in the 100,000 to 200,000 yuan price range [4].

Core Viewpoint - Foton Motor's self-developed Aiyike power battery has successfully passed five extreme application scenario tests, receiving the NESTA certification from the China Automotive Technology Research Center, demonstrating its technical strength in the commercial vehicle battery sector [2]. Summary by Sections Testing and Certification - The Aiyike power battery underwent tests addressing five core risks associated with new energy commercial vehicle batteries, including structural failure from long-term vibration, short circuit from deep water immersion, external fire explosion, major accident impact, and thermal runaway chain reaction. The battery exceeded the latest national standards (GB38031-2025) by 3-7 times in strength [2]. - The testing process included five stages: 126 hours of vibration testing simulating 735,000 kilometers of bumpy road conditions, 72 hours of saltwater immersion, 140 seconds of exposure to fire, a 10-meter drop test, and thermal runaway alarm testing [2]. Technological Innovations - Industry experts believe the success of these extreme tests highlights the technical capabilities of Foton Motor's Aiyike power battery. The battery innovatively applies aerospace-grade bionic structures, molecular sealing technology, and high-precision hydrogen detection warning systems on a large scale in the commercial vehicle battery field [2]. - The battery has set new industry records in several dimensions, including deep water sealing efficiency, fire suppression speed, and thermal runaway warning accuracy, providing a valuable empirical model for the upcoming 2025 national standard (GB38031-2025) [2].

Core Viewpoint - The launch of the Jihu T1 marks a new benchmark for family-oriented pure electric vehicles, emphasizing its features of "large capacity, easy driving, exquisite design, and extreme safety" to redefine the value logic in the A0 electric vehicle market [1][29] Group 1: Product Features - The Jihu T1 is available in five variants with official prices ranging from 62,800 to 87,800 yuan, highlighting its competitive pricing strategy [1] - The vehicle offers a range of benefits including a 3,999 yuan charging pile discount, a 2,000 yuan special paint color voucher, and a 588 yuan welcome gift, along with a 5-year/120,000 km warranty [3] - The T1 promises lifetime warranty on the battery and electric components, a unique offering in the industry, along with free lifetime maintenance [3] Group 2: Space and Design - The T1 features a spacious interior with a 2,770 mm wheelbase, allowing for significant cargo capacity, accommodating up to 8 carry-on suitcases even with five passengers [5][7] - The vehicle includes 32 storage compartments and specialized areas for baby items, enhancing practicality for family users [9] - The design incorporates a unique ARC-FLOW aesthetic, with a focus on both exterior and interior appeal, offering multiple color options and high-quality materials [17][19] Group 3: Performance and Technology - The T1 boasts a driving experience comparable to German vehicles, with a stable chassis and advanced suspension tuning, ensuring comfort on various terrains [10][12] - It features a competitive range of 425 km, with rapid charging capabilities, allowing for significant battery recovery in just 16.9 minutes [16] - The vehicle is equipped with advanced driver assistance systems, including low-speed intelligent steering and a 540° panoramic view, addressing common driving anxieties [16] Group 4: Safety Features - The T1 is built on the "North Star Digital Intelligent Architecture," emphasizing safety with advanced active and passive safety features, including a robust body structure made from high-strength steel [22][24] - The vehicle has undergone rigorous safety testing, including collision energy absorption and extreme environmental conditions, ensuring high safety standards [26] - The battery safety standards are industry-leading, having passed extensive testing to ensure reliability under extreme conditions [26]

Group 1 - The commercial vehicle sector experienced a decline of 1.02% on September 12, with King Long Automobile leading the drop [1][3] - The Shanghai Composite Index closed at 3883.69, up 0.22%, while the Shenzhen Component Index closed at 12996.38, up 0.13% [1] - Major stocks in the commercial vehicle sector showed mixed performance, with Yutong Bus increasing by 1.39% and King Long Automobile decreasing by 1.49% [1][3] Group 2 - The net outflow of main funds in the commercial vehicle sector was 540 million yuan, while retail investors saw a net inflow of 315 million yuan [3][4] - The detailed fund flow indicated that King Long Automobile had a significant net outflow of 39.38 million yuan from main funds [4] - Other companies like Ankai Bus and Foton Motor also experienced varying levels of net inflow and outflow from different investor categories [4]

Core Viewpoint - The heavy truck market in China experienced significant growth in August 2025, achieving a sales volume of 91,600 units, representing a year-on-year increase of 47%, marking the fifth consecutive month of growth [5][10][20]. Sales Performance - In August 2025, the total sales of trucks (including chassis and tractors) reached 271,600 units, with a month-on-month increase of 3% and a year-on-year growth of 17% [3]. - The heavy truck segment alone sold 91,600 units in August, with a month-on-month increase of 8% and a year-on-year increase of 47%, which is an expansion of 1 percentage point compared to July's growth of 46% [10][20]. - Historically, August is typically a slow season for heavy truck sales, with the average sales over the past decade being approximately 68,400 units. The sales in August 2025 are considered a strong performance [3][6]. Cumulative Sales Data - From January to August 2025, cumulative heavy truck sales reached 715,700 units, ranking second in the last five years and sixth in the last decade, with a year-on-year increase of 14% [8][15]. - The average monthly sales for the first eight months of 2025 approached 90,000 units, significantly higher than the average monthly sales in 2024 and 2023, indicating a clear recovery in the heavy truck market [8]. Market Share and Competition - In August 2025, five companies achieved sales exceeding 10,000 units, with the top five companies accounting for 91.34% of the market share [10][12]. - The leading companies in sales for August included Heavy Truck with 25,600 units, followed by Liberation, Dongfeng, Shaanxi Automobile, and Foton [10]. - Cumulatively, the top ten companies accounted for 98.06% of the market share from January to August 2025, with the top five companies holding a combined share of 90.90%, indicating increased industry concentration [17]. Growth Trends - All top ten companies in the heavy truck market reported year-on-year growth in August, with notable increases from Foton and Chery, which saw growth rates of 172% and 237%, respectively [12][15]. - The heavy truck market is expected to continue its growth trend into the traditional peak season of "Golden September and Silver October" [20].

9月11日，极狐T1正式上市，新车定位A0级纯电车，共推出5款配置车型，提供320km和425km两种 CLTC续航版本可选，官方指导价为6.28万元至8.78万元。据悉，自8月22日新车开启预售至发布会当 天，极狐T1预售订单总量已突破43000辆。 （文章来源：每日经济新闻） 对于极狐品牌的未来发展，北汽集团党委书记、董事长张建勇表示："北汽对于极狐的资金和资源投入 是全方位的，无上限的。" 他强调，极狐是北汽集团转型的旗舰品牌，而极狐T1则是该公司本年度"最 为重要的战略车型"。 ...

Core Viewpoint - The strategic cooperation agreement signed between Beiqi Foton Motor Co., Ltd., Qingshan Holding Group Co., Ltd., and Guangdong Guangxin Holdings Group Co., Ltd. represents a strong alliance among three Fortune Global 500 companies, aiming to leverage their respective strengths for mutual benefit and market expansion [1][3][4]. Group 1: Strategic Cooperation Details - The agreement establishes a strategic partnership among the three companies, outlining potential areas and methods for future collaboration, including technology cooperation, joint ventures, joint procurement, and coordinated international expansion [3][4]. - Beiqi Foton, as a leading commercial vehicle manufacturer in China, will benefit from the strong resource support of Beiqi Group and its comprehensive product offerings and ecosystem [3]. - Qingshan Holding, a world leader in stainless steel and new energy, will enhance its complete new energy industrial chain through this partnership [4]. - Guangxin Group, as an excellent state-owned capital investment platform, will leverage its rich industrial resources to support the development of new productive forces [4]. Group 2: Expected Outcomes - The cooperation is expected to inject strong momentum into the strategic layout and industrial development of all parties involved, accelerating Beiqi Foton's strategy of comprehensive internationalization, new energy adoption, and intelligent transformation [4]. - The partnership aims to establish an efficient collaborative mechanism to expedite the implementation of various cooperative initiatives, particularly in the fields of new energy and intelligence [4].

Market Overview - The commercial vehicle sector increased by 0.37% on September 10, with Hanma Technology leading the gains [1] - The Shanghai Composite Index closed at 3812.22, up 0.13%, while the Shenzhen Component Index closed at 12557.68, up 0.38% [1] Stock Performance - Hanma Technology (600375) closed at 7.14, up 3.78% with a trading volume of 873,800 shares and a transaction value of 630 million [1] - Jianghuai Automobile (600418) closed at 55.40, up 2.04% with a trading volume of 830,500 shares [1] - Other notable performances include: - Shuguang Co. (600303) at 3.81, up 0.26% - Dongfeng Motor (600006) at 7.46, unchanged - Yutong Bus (600066) at 29.25, down 0.20% [1] Fund Flow Analysis - The commercial vehicle sector experienced a net outflow of 82.58 million from institutional investors, while retail investors saw a net inflow of 151 million [2] - The detailed fund flow for key stocks includes: - Hanma Technology: Net inflow of 25.41 million from institutional investors [3] - Yutong Bus: Net inflow of 8.88 million from institutional investors [3] - Foton Motor (600166): Net outflow of 1.73 million from institutional investors [3] Individual Stock Insights - China National Heavy Duty Truck (000951) saw a decline of 2.17% to 17.59 with a trading volume of 106,900 shares [2] - Jiangling Motors (000550) decreased by 1.54% to 21.03 with a trading volume of 43,700 shares [2] - Foton Motor (600166) had a significant trading volume of 1.29 million shares despite a slight decline [2]