Core Insights - The trend of "oil and electricity at the same price" is leading to a rapid penetration of electric hybrid vehicles into the 100,000 yuan price range, making it one of the most competitive segments in the domestic automotive market by 2025 [1][2] - The introduction of models like the First Automobile Works (FAW) Bestune Yuyi 07 and Haval's second-generation Haval Xiaolong MAX at competitive prices is drawing significant attention from the industry [1][3] - The market for plug-in hybrid electric vehicles (PHEVs) is expanding, with over 15 new models launched in the 100,000 yuan segment since January 2025, indicating a shift in consumer preferences towards hybrid technology [1][9] Market Dynamics - The 100,000 yuan price segment is no longer a stronghold for traditional fuel vehicles but is becoming a battleground for electric hybrid models, reflecting the cost control capabilities of domestic brands [1][2] - J.D. Power's report indicates that the proportion of PHEV users has increased by 9 percentage points to 41.5% since 2025, showcasing growing acceptance of hybrid technology among consumers [2] - The demand for higher electric range, lower fuel consumption, and advanced technology features is becoming central to consumer preferences in the 100,000 yuan market [2][3] Competitive Landscape - Major brands are launching competitively priced hybrid models with advanced features that were previously reserved for mid-to-high-end vehicles, such as intelligent cockpit systems and driving assistance functions [3][4] - The introduction of models like the Bestune Yuyi 07, Haval Xiaolong MAX, and Hongqi HS3 PHEV demonstrates the competitive strategies of leading brands to capture market share [3][8] - The automotive industry is experiencing a transformation, with a focus on platform technology and cost reduction, leading to a reshaping of the 100,000 yuan PHEV market [4][5] Future Outlook - The PHEV market is expected to see significant growth, with predictions that the proportion of PHEVs in the new energy vehicle segment could reach 60% in the coming years [9] - FAW's strategy to focus on new energy vehicles and the restructuring of its product lineup indicates a commitment to capturing a larger share of the hybrid market [7][8] - The competitive landscape will require brands to have sharp market insights and the ability to address consumer pain points effectively [6][7]

Core Viewpoint - The company, FAW Jiefang, is accelerating its global expansion and intelligent transformation amidst profound changes in the global automotive industry, showcasing China's manufacturing competitiveness through strategic actions and innovations [2]. Global Layout: Deepening International Cooperation and Expanding Global Market - FAW Jiefang's chairman emphasized that the global transition to new energy will accelerate, with the penetration rate of new energy in commercial vehicles expected to exceed 15% in the next five years [3]. - The company has maintained the top position in heavy truck sales in China for nine consecutive years, with cumulative sales exceeding 9 million units, and has seen rapid growth in both new energy and overseas sales for three consecutive years [3]. - During a visit to Saudi Arabia, FAW Jiefang signed multiple strategic cooperation agreements, totaling nearly 10,000 units, covering key sectors such as infrastructure, mineral transportation, and road logistics, further solidifying its leading position in the Saudi commercial vehicle market [3]. Overseas Market Expansion - FAW Jiefang launched the J6P heavy truck in Senegal, tailored for the African market, particularly suitable for long-distance logistics, infrastructure construction, and mineral transportation [4]. - The collaboration with TRACTAFRIC Group aims to enhance product localization, service networks, and parts supply systems, thereby improving customer satisfaction and injecting new momentum into modern transportation in West Africa [4]. Intelligent Development: Breaking Core Technologies and Leading Industry Innovation - FAW Jiefang achieved a significant breakthrough in autonomous driving technology with the successful launch of L4-level logistics unmanned vehicles, integrating core technologies for smart logistics solutions [5]. - The company aims to reduce labor costs and enhance logistics efficiency through advanced technologies, with expectations for commercial autonomous driving in commercial vehicles to reach a turning point by 2026 [6]. - FAW Jiefang's AI-driven project in commercial vehicle R&D has been recognized as a leading enterprise in Jilin Province, accumulating over 3,500 high-value technical insights to enhance decision-making and optimize R&D efficiency [6]. Strategic Collaborations - FAW Jiefang signed a strategic cooperation agreement with CATL to jointly develop bottom-swappable battery models for heavy trucks, marking a significant step in the new energy heavy truck sector [7]. - The company is committed to deepening international cooperation and expanding its global market presence while increasing investment in intelligent development, focusing on breakthroughs in key technologies such as intelligent driving and vehicle networking [7].

今年5月，重卡行业的批发销量、国内终端销量、电动重卡、柴油重卡都实现了同比上涨，可 谓"喜大于忧"。在这个超出市场预期的月份里，各家主流企业交出的"成绩单"如何？ 请看第一商用车网带来的分析报道。 5月重卡"两连涨"，终端、电卡、油卡大增 今年5月，重卡市场保持了连续同比增长，让人们在悲观中看到了曙光。 再看电动车。今年初至今，新能源重卡以极低的使用成本和较高的收益，在中短途货运市场上 持续热销，并且已经有部分大电量车型驶上了中距物流场景。再加上货车以旧换新政策带来的 旧车置换电卡，第一商用车网预计5月份新能源重卡销量超过1.5万辆，同比增长约为1.9倍， 单月的行业渗透率超过23%。这已经是新能源重卡连续三个月销量超过1.5万辆、月度渗透率 连续三个月超过20%，史无前例。 2019-2025年我国重卡市场销量月度走势图（单位：辆） 根据第一商用车网最新掌握的数据，2025年5月份，我国重卡市场共计销售各类车型约8.5万 辆（批发口径，包含出口和新能源），环比小降3%，比上年同期的7.82万辆上涨约9%。这 也是重卡市场自今年4月份以来的两连涨。 8.5万辆放在最近八年来看，高于2022-2024年5月的近 ...

2025年以来，我国新能源重卡市场继续快速增长，"金三银四"旺季表现尤为出色。这其中， 新能源牵引车在3月份和4月份分别实现253%和288%的同比增长，均比新能源重卡整体增速 高出一截。 答案是肯定的。请看第一商用车网带来的新能源牵引车市场观察。 5月新能源牵引车新增1万辆，同比大涨326% 根据第一商用车网掌握的最新数据，2025年5月，全国共新增新能源牵引车9901辆（本文数 据来源为重型货车北斗营运证入网销量口径，非交强险口径，不含出口和军车，下同），环比 今年4月份小幅下降3%，同比则继续增长，增幅达到326%。从增幅来看，5月份新能源牵引 车市场交出环比降、同比增的成绩单，月销量同比去年5月份有7500余辆的增长，约是去年5 月份销量的4.3倍。值得一提的是，5月份新能源牵引车市场同比326%的增速较4月份 （+288%）扩大38个百分点，比5月份新能源重卡市场整体217%的同比增速也要高出一大截 （高109个百分点）。从同比增速的角度，新能源牵引车仍是5月份新能源重卡市场跑得最快 的存在。 5月份，全国有30个省级行政区有新增新能源牵引车，其中单月新增超百辆的省级行政区达到 21个，排名首位的上 ...

5月份，国内重卡市场竞争依旧白热化，各大品牌订单也是捷报频传。 一汽解放、东风商用车、东风柳汽乘龙和徐工汽车分别斩获千辆大单，中国重汽、福田汽车、 三一重卡和汉马科技等企业也都有亮眼表现。 一汽解放：新能源重卡再签千辆大单 5月17日-18日，由中国交通运输协会与宁德时代联合主办的"新一代重卡换电生态发布活 动"在山西大同举行。一汽解放党委委员、副总经理兼商用车开发院院长、党委书记王建宇出 席并见证千辆订单签约仪式。 一汽解放新能源战略客户营销部部长张鹏与行业头部企业代表签订千辆换电重卡采购协议，这 是继4月份斩获千辆订单后，解放再次携手大客户实现的千辆突破。此次签约的新能源重卡涵 盖牵引车、载货车、专用车，标志着一汽解放新能源重卡全面发力布局底部换电产品，也彰显 着一汽解放与时代骐骥在市场开拓的合作日益密切。 中国重汽：燃油与新能源牵引车均获批量订单 5月18日，中国重汽汕德卡G7燃油牵引车VIP臻享品鉴会于阜阳启幕。活动现场人头攒动，见 证汕德卡G7燃油牵引车在高效运输领域的卓越性能与创新科技。活动现场，用户共计认购87 辆，而汕德卡引领物流运输变革的征程仍在继续。同一天，首批10辆重汽成都V7-X EV ...

5月，商用车行业再现一系列重磅人事变动。 这些高层人事调整，涉及多家业内主流商用车企业，包括一汽解放、中国重汽、东风商用车、 东风股份、厦门金龙等企业高层，人事变动之重大，影响范围广泛，或为行业后续发展带来新 的变数与思考。 中国重汽：迎来新任董事长和总经理 5月下旬，中国重汽集团官方网站"集团领导"一栏更新，重汽新一届领导班子正式亮相。刘正 涛出任中国重汽集团党委书记、董事长，刘伟担任党委副书记、董事、总经理。 此次，中国重汽领导班子调整备受关注。刘正涛此前在集团多个关键岗位任职，积累了丰富的 管理经验与行业洞察力；刘伟在相关领域也成绩斐然。 此外，中国重汽集团新一届领导班子的其他八位成员也已确定：蒋朋朋出任中国重汽集团党委 副书记、董事、工会主席；李霞出任中国重汽集团党委委员、财务总监；张明皓出任中国重汽 集团党委委员、纪委书记；韩峰出任中国重汽集团党委委员、副总经理；赵红出任中国重汽集 团党委委员、副总经理；赵华出任中国重汽集团党委委员、副总经理；王德春出任中国重汽集 团党委委员、副总经理；丁惟云出任中国重汽集团总工程师。 东风商用车：张小帆任董事长 刘利成任总经理 5月中旬，东风商用车有限公司官网信息 ...

于长信在致辞中指出："作为'国车长子'，一汽解放始终以'双碳'战略为指引，ALL IN新能源 赛道。今年1-4月，解放国内中重卡市场终端份额达24%，连续12个月行业第一；新能源中 重卡市场份额14.4%，增速行业第一，其中京津冀地区新能源终端销量突破1400辆，成为绿 色运输先行区的核心引擎。" 他强调，解放新能源的突破源于三大核心优势：首先是全场景技术深耕——针对京津冀地区标 载运输、港口重载、干线物流等差异化需求，精准推出J6L纯电动牵引车（自重低至9.4吨， 电耗1kWh/km）、J6P纯电动重载车型（电机峰值功率500kW，承载能力提升50%）等定制 化产品，每一款都历经极端工况验证，确保"场景适配零死角"。 其次是全周期模式创新——解放时代创新推出电池租赁、整车租赁及"以租代购"等灵活购车模 式，配套7×24小时安全管家服务，从购车首付降低30%到运营中故障10分钟响应，全链条破 解用户"购车贵、运营难"的痛点。 以技术创新驱动绿色转型 2025年5月27日，中国·唐山——以"E启蓝途 创享未来"为主题的一汽解放京津冀新能源千辆 庆典在唐山隆重举行。一汽解放总经理、党委副书记于长信、一汽解放新能源 ...

"好饭不怕晚"。5月下旬，工信部发布了第395批新车公示。这批公示为行业带来了哪些牵引 车重磅车型？各家企业有何新动作？牵引车市场正呈现出哪些新风向呢？ 下面请看第一商用车网报道。 首先来看第395批公示牵引车整体申报情况。此次，第395批新车公示牵引车方面申报了39款 新品，相比上一批公示减少了11款，相比第393批和第392批各自多十余款，比1月发布的第 391批仅减少1款。整体来看，牵引车申报数量比较可观，这在一定程度上体现出了企业对牵 引车市场发展潜力的看好。 从细分车型来看，新能源和国六牵引车新车数量严重分化。新能源牵引车申报31款，包括换电 14款、充电12款、插电混动3款和燃料电池2款；国六牵引车8款，包括燃气车5款和柴油3 款。本批公示中，换电牵引车超过充电牵引车数量，成为本批公示中牵引车领域单一车型申报 最多的车型。而此前从去年11月起，已有连续6批公示，充电牵引车新车数量超过换电牵引 车。本批公示换电牵引车申报数量创下近7个批次最高。 同时也可看到，插电混动牵引车市场正在崛起。今年从第392批起，已连续四个月有插电混动 牵引车新车申报公示，一汽解放、中国重汽、远程新能源商用车都在力推，本批 ...

Overview - The rapid development of the automotive market in China has significantly increased the demand for air suspension systems, driven by consumer preferences for comfort, safety, and performance [1][10] - The air suspension system market is projected to reach a demand of 1.0643 million sets and a market size of 10.737 billion yuan in 2024, with over 60% of the demand coming from the passenger vehicle sector [1][10] Industry Policies - The Chinese government has issued various policies to support the development of the automotive parts industry, including air suspension systems, creating a favorable policy environment for industry growth [4][5] Industry Chain - The air suspension system industry consists of upstream suppliers of raw materials (steel, plastic), component suppliers (air springs, dampers, ECU, sensors), system assemblers in the midstream, and downstream automotive manufacturers and aftermarket services [7][8] Market Demand - The automotive market in China has shown steady growth, with production and sales of vehicles increasing by 14.5% and 11.2% year-on-year in early 2025, respectively, and a notable 50.4% increase in the production of new energy vehicles [8][10] Competitive Landscape - The air suspension system market in China is characterized by an oligopolistic structure, with the top five companies holding over 90% market share. The top three companies (Konghui Technology, Top Group, and Baolong Technology) account for 86.7% of the market [12][14] - Konghui Technology leads the market with an installation volume of 335,470 sets, capturing 41.3% of the market share, followed by Top Group with 25.8% and Baolong Technology with 19.6% [12][14] Company Profiles - Konghui Technology is the first domestic company to achieve OEM mass production of passenger car air suspension systems, supplying over 20 models and expecting to deliver over 600,000 units in 2024 [14] - Top Group specializes in automotive parts, with projected revenues of 26.6 billion yuan in 2024, where air suspension systems are a significant part of their product offerings [17] Development Trends - Future air suspension systems are expected to integrate deeply with intelligent driving systems, allowing for automatic adjustments based on road conditions to enhance ride comfort and vehicle stability [19] - The use of high-strength, lightweight materials such as aluminum and carbon fiber is anticipated to increase in air suspension systems to improve efficiency and performance while maintaining strength [19]

Group 1: Financial Performance and Strategy - The company aims to improve the profit margin of its new energy products through scale effects, cost reduction of key components, and self-reduction of costs via technology [2] - In 2023, the company plans to gradually develop core components for new energy products to enhance competitiveness and profitability [2][3] - The company has implemented cash management for temporarily idle raised funds to improve efficiency and reduce financial costs, ultimately benefiting shareholders [3] Group 2: Research and Development - The company has established a "Liberation Leading" technology brand and aims for world-class R&D capabilities, supported by a team of over 3,000 [3] - It has developed five major technology platforms focusing on low-carbon, electric, intelligent, connected, and high-quality vehicles [3] - The company is recognized as one of the commercial vehicle enterprises mastering world-class core technologies and has obtained ISO9001 and IATF16949 certifications [3] Group 3: Strategic Partnerships and Innovations - The company is actively pursuing technological transformation and has begun testing L4 level unmanned logistics vehicles [4] - It maintains a good cooperative relationship with Huawei and is exploring opportunities for collaboration in intelligent driving technology [4][5] Group 4: Market Position and Shareholder Relations - The company focuses on long-term value and aims to enhance performance while maintaining cash dividends to reward investors [4] - It emphasizes communication with the capital market to improve recognition and maintain a positive market image [4]