FOTON(SH:600166) 乘联分会·2025-05-26 08:36Market Overview - The sales of new energy light trucks reached 16,505 units in March, representing a year-on-year increase of 91%, with a penetration rate rising to 19.52% [6] - In the first three months of 2025, Foton topped the sales chart with 5,058 units, while Guangdong province accounted for a significant share of the market [6] Policy Developments - Shanghai's Development and Reform Commission released a management method for reward funds aimed at enhancing the adjustment capabilities of the new power system, including virtual power plants and V2G capabilities, with rewards applicable to projects connected to the grid from January 1, 2024, to December 31, 2028 [5][13] - Inner Mongolia's guidelines for subsidies on replacing old city buses with new energy buses were outlined, allowing for the scrapping of old buses and the purchase of eligible new energy models [10] Industry Innovations - Hive Energy announced a breakthrough in fast-charging battery technology, achieving full charge in 15 minutes, which is a 30% improvement in efficiency [27] - Guoxuan High-Tech released six new technologies, including a solid-state battery with a range of 1,000 kilometers, which has entered the pre-production phase [27] Company Developments - Xizhong Automobile showcased its logistics prototype vehicle at the CATL New Energy Heavy Truck Ecosystem Conference, featuring an integrated electric drive axle system and a high-efficiency battery with a range exceeding 350 kilometers [22] - Foton and Huawei Digital Energy signed a cooperation agreement to accelerate the electrification of heavy trucks, aiming to create a comprehensive charging network [23] - Jianghuai Automobile launched its new energy light truck ES9, designed specifically for cold chain logistics, featuring multiple battery options and advanced thermal management systems [20]