FOTON(SH:600166) Zhong Guo Qi Che Bao Wang·2025-10-22 04:11Core Viewpoint - Foton Motor's launch of the "Star of Dawn" product marks a significant shift in the light truck industry from transitional "oil-to-electric" solutions to a new era of native electric and intelligent development [1][3]. Group 1: Industry Transition - Foton Motor has established itself as the "King of Light Trucks," with cumulative sales of 329,000 units from January to September 2025, maintaining the top market position [3]. - The company's new energy vehicle sales reached 74,300 units in 2025, reflecting a year-on-year increase of 113.4%, solidifying its leadership in the new energy wave [3]. - The "Star of Dawn" product redefines user value standards for pure electric light trucks and propels the industry towards a new era of native electric value [3][5]. Group 2: Product Features and Innovations - The "Star of Dawn" platform integrates Foton's new energy and light truck strategies, achieving breakthroughs in efficiency, intelligence, safety, and comfort [5][8]. - The product features a 95.7% total efficiency and a reduction of energy consumption by 6 kWh per 100 kilometers, saving over 6,000 yuan annually for operations of 100,000 kilometers [10]. - It includes over 20 intelligent driving assistance functions and a fleet management system that significantly enhances transportation efficiency [10]. Group 3: User-Centric Design - The "Star of Dawn" offers a comfortable driving experience with features like a 49° steering wheel angle, reclining seats, and a large storage space, addressing long-distance driving fatigue [11]. - The product is designed to meet various driving needs with multiple driving and braking modes, enhancing user adaptability [11]. - Foton provides a comprehensive ecosystem solution covering the entire lifecycle of vehicle use, ensuring a worry-free experience for customers [13]. Group 4: Future Outlook - Foton plans to launch a pure electric heavy truck by 2026, aiming to reshape the commercial vehicle ecosystem through technological innovation [5]. - The company is committed to transitioning from transitional technologies to a native electric architecture, reinforcing its leading position in the light truck market [13].